Crypto Rally Surges as Bitcoin Tests $75K Ahead of Fed

Major cryptocurrencies rallied, with Ether up 13%, XRP up 11%, and Solana up 9.7%. Spot Bitcoin ETF inflows surged, reversing a $3 billion outflow streak. However, Bitcoin retreated below $74,400, a key support level.

- Figure 1 -
- Figure 1 -

Growing spot ETF inflows and narrowing gap with gold revive the "digital gold" narrative. The upcoming Federal Reserve meeting will shape risk assets through March.

- Figure 2 -
- Figure 2 -

XRP surged 11%, reclaiming the No. 4 spot by market value with a $93.4 billion cap. Open interest in XRP futures on Binance climbed 59% since late October, signaling leveraged bets and potential risk if the breakout fails.

- Figure 3 -
- Figure 3 -