Bitcoin Tops $112K as ETF Flows, Fed Cut Hopes Ignite Crypto Momentum

Global crypto markets entered the weekend with renewed strength, driven by improving macro sentiment and a series of ecosystem-specific catalysts across top blockchain networks.

According to a research firm’s latest “Crypto One Liners” update, a mix of institutional inflows, ETF approvals, and new product launches defined the market’s direction this week.

Bitcoin Reclaims $112K on ETF Inflows and Fed Policy Optimism

Bitcoin led the market recovery, climbing back above $112,000 as ETF inflows surged and traders priced in potential Federal Reserve rate cuts following weaker U.S. inflation data. However, the research noted that the rally faced resistance from long-term holders taking profits, signaling consolidation after an extended bull run.

Ethereum Confidence Builds After $800M Buy and Hong Kong ETF Approval

Ethereum (ETH) stabilized as sentiment improved following Bitmine Immersion’s $800 million purchase and Hong Kong’s approval of a spot Ethereum ETF. The twin developments helped reinforce investor confidence in Ethereum’s institutional narrative, while price action suggested accumulation near key support levels.

Solana and Ripple Gain Institutional Momentum

Solana (SOL) saw steady inflows from major institutions, which helped offset a decline in short-term trading volumes. The report highlighted that a rise in developer activity is reviving Solana’s growth narrative, especially in DeFi and on-chain gaming.

Meanwhile, Ripple (XRP) continued its strong performance amid whale accumulation, the Hidden Road acquisition, and the launch of its RLUSD stablecoin, moves that collectively underscore Ripple’s growing foothold in institutional finance and payment infrastructure.

BNB Chain and Tron Expand Utility and Adoption

The BNB Chain ecosystem gained traction as Kyrgyzstan announced sovereign adoption, while discussions around a potential ETF further strengthened sentiment. With rising DeFi total value locked (TVL), BNB’s position as a top Layer-1 chain continues to solidify.

Tron (TRX) also featured prominently, following the JustLend DAO’s $17.7 million JST token burn. The move boosted network liquidity and improved sentiment across the Tron ecosystem, even as price action remained under pressure.

Altcoins Surge on Partnerships, Upgrades, and New Launches

Among emerging projects, Ethena (ENA) gained attention through a trading campaign and whale buybacks, though it experienced a minor correction amid DeFi volatility. The project’s roadmap includes new product releases aimed at strengthening its synthetic yield ecosystem.

Jupiter (JUP) jumped after the rollout of Ultra V3, a staking-based ICO platform, and an upbeat Q3 revenue report signaling accelerating utility and adoption.

Hyperliquid (HYPE) also advanced, buoyed by its listing on a major exchange, large-scale whale accumulation, and the HIP-3 upgrade, while its treasury division filed for a $1 billion raise, reinforcing expansion plans.

Finally, Virtuals (VIRTUAL) recorded a 70% weekly gain after unveiling staking rewards, major whale purchases, and a new partnership with PrismaXai that integrates AI functionality into its metaverse platform.

A Broad-Based Crypto Reawakening

From Bitcoin’s renewed ETF-driven surge to expanding cross-chain innovation, the week’s developments reflect a broad market revival anchored in institutional participation and real-world use cases.

The research summed it up succinctly: “The macro tailwinds are aligning with on-chain fundamentals, and the next leg up could come faster than most expect.”