XRP eyes $1.70 as Ethereum rallies and Shiba Inu shows bullish signals

- Bitcoin, Ethereum, and XRP prices rose as risk appetite improved: Crypto asset interest is experiencing overall stability, supported by sustained cash inflows for five consecutive days into Bitcoin (ETFs). SoSoValue data indicates that U.S.-listed Bitcoin ETFs experienced cash inflows of $180 million on Friday, bringing assets under management to $91.83 billion. Total cash inflows reached $56.14 billion. Bitcoin ETF Fund Flows | Source: SoSoValue Retail traders appear to be steadily returning to the market, as evidenced by the rise in open interest volume for Bitcoin futures contracts to $47.91 billion on Monday, up from $46.59 billion the previous day. Open interest value declined to approximately $43 billion on March 9, marking its lowest level since November 2024. In contrast, open interest peaked at $94.12 billion in October, coinciding with Bitcoin's all-time high of $126,199. Daily Trading Information for Bitcoin Futures Contracts | Source: CoinGlass Demand for Ethereum ETFs stabilized, with sustained cash inflows for four consecutive days. SoSoValue data shows that U.S.-listed Ethereum ETFs attracted approximately $27 million in cash inflows on Friday, bringing total assets under management to $12.26 billion. Total cumulative cash inflows reached $11.79 billion. Ethereum ETF Fund Flows | Source: SoSoValue The Ethereum derivatives market is experiencing notable growth, with average open interest volume for futures contracts reaching $29.38 billion on Monday, up from $27.63 billion the previous day. CoinGlass data indicates open interest volume declined to $22.89 billion on February 6. Meanwhile, it peaked at $70.13 billion in August, coinciding with Ethereum reaching a new all-time high of $4,956. Open Trading Information for Ethereum Futures Contracts | Source: CoinGlass XRP saw a steady rise in open interest volume for futures contracts, reaching $2.66 billion on Monday, compared to $2.56 billion the previous day. Open interest volume had declined to $2.11 billion on March 4, which negatively impacted retail investor interest, particularly as it had peaked at $10.94 billion in July. XRP has required sustained retail investor attention to maintain rising prices. Daily Trading Information for XRP Futures Contracts | Source: CoinGlass $BTC ‌ $ETH ‌ $XRP ‌

XRP Targets $1.70 Mark as Ethereum Rallies and Shiba Inu Shows Bull Signs - - #eth #shib #xrp