Risk-on crypto: BTC tops $94.6k, ETH up, XRP +11% — crypto stocks surge as miners ink multibillion AI deals

Crypto markets turned bullish with Bitcoin, Ethereum and XRP rising above key levels as funding rates cooled and turned positive across major perpetuals. Spot-led buying, internal rotation and institutional accumulation drove demand while ETF net inflows hit a 30‑day high (total > $645M: Bitcoin ~$470M, Ethereum ~$175M). Traders note upcoming macro prints (ISM services, JOLTS, NFP, wage growth, Fed rate‑cut expectations) and large token unlocks (Ondo 194M, SEI 55M, Plume ~40% of float, plus HYPE, ENA, APT, LINEA, MOVE and smaller SOL, DOGE, TRUMP, AVAX, ASTER) as potential sources of short-term volatility; continuation depends on sustained spot demand and controlled funding/leverage.
AI Analysis
Prices for BTC, ETH and XRP rose above key levels; funding rates cooled and turned positive (reducing forced‑liquidation downside); ETF net inflows exceeded $645M (BTC ≈ $470M, ETH ≈ $175M); however, near‑term macro data and listed large token unlocks could create volatility and reverse gains.
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