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The crypto ecosystem has experienced a significant influx of funds from institutional investors, according to data from CoinShares. In its weekly report, CoinShares revealed that the overall inflow into the crypto market reached $1.1 billion, bringing the year-to-date flow to $2.7 billion.

This article discusses the anticipated impact of the upcoming U.S. Consumer Price Index (CPI) data release on Bitcoin and the wider cryptocurrency market. The CPI data, which tracks changes in the cost of goods and services, is a key indicator of inflation in the economy. As Bitcoin is sensitive to macroeconomic events, such as CPI data, its price and volatility could be significantly influenced.

Dogecoin (DOGE), once celebrated for its unexpected rise from a meme to a major digital asset, has fallen out of the top 10 cryptocurrencies by market capitalization.

Cardano, the eighth-largest cryptocurrency by market capitalization, has recently gained traction, with bulls pushing the ADA price to a six-day high of $0.566 on Feb. 11. Although ADA prices have retreated, the cryptocurrency is still up 7% weekly.

Dogecoin (DOGE) is experiencing a decline in its market performance, with several key metrics sliding backward over the past week. The current price of Dogecoin has dropped by 3.14% to $0.07998, reaching a low of $0.07964 overnight. This decrease in price has resulted in Dogecoin being removed from the top 10 list of cryptocurrencies by market cap, a demotion that has not occurred in over a year.

BoneShibaSwap (BONE), a Shibarium gas token, has seen an increase in netflows over the last 24 hours.

A substantial amount of Solana (SOL) worth approximately $10.5 million was recently transferred to the Binance exchange, catching the attention of cryptocurrency enthusiasts and investors. The transaction, involving 99,999 SOL, was highlighted by Whale Alert, a popular service that tracks significant blockchain transactions.

Cardano has experienced an unprecedented surge in fund inflows, with a staggering 1,016% increase in ADA-oriented investment products within just one week. According to a report by CoinShares, Cardano saw an influx of $6.1 million, propelling it into the spotlight as one of the top contenders in the cryptocurrency market.

As the Ethereum network continues to evolve, its native asset is gaining traction on the market. The price of Ethereum has been steadily increasing, with the possibility of reaching the $3,000 mark.

According to CoinStats, most coins are experiencing an upward trend on the last day of the week. Bitcoin (BTC) has seen a 1.72% increase in price since yesterday, reaching a level close to $49,048. However, traders should closely monitor the candle closure, as a dip below yesterday's peak could indicate a correction to the nearest support zone at $46,000. At the time of writing, Bitcoin is trading at $48,122.

In the past 12 hours, Ripple, the cross-border crypto remittances company, and its associated cryptocurrency XRP have been involved in significant transaction activity. A staggering 100 million XRP, valued at almost $52.6 million, was transferred from an unknown wallet to Ripple, according to reports from Whale Alert.

Bitcoin's (BTC) price has garnered significant attention recently as it edges closer to the $50,000 mark, driven by a bullish weekly divergence. Top crypto analyst Michaël van de Poppe took to X (formerly Twitter) to highlight Bitcoin's impressive trajectory, noting its recent break above the $48,000 barrier.

During his recent appearance on CNBC's Squawk Box show, Anthony Pompliano, a prominent VC investor, Bitcoiner, and entrepreneur, discussed the growing popularity of Bitcoin and the success of spot BTC ETFs. Pompliano, also known as 'Pomp' in the cryptocurrency community, highlighted the significant impact of these ETFs on Wall Street.

Flare (FLR) has experienced a significant surge in price following the announcement of the integration of XRP on its network. The price of FLR has jumped by 7.1% in the past 24 hours, reaching $0.03175. This surge in price can be attributed to the positive impact of XRP on the protocol.

According to CoinMarketCap, the cryptocurrency market experienced a decline in prices. Bitcoin (BTC) decreased by 1% over the last 24 hours, Ethereum (ETH) fell by 1.72%, and XRP declined by 2.88%.

The 2024 Super Bowl was not only a memorable event for football fans, but it also brought attention to the world of cryptocurrency. Twitter founder Jack Dorsey made headlines by wearing a shirt that paid homage to Bitcoin's creator, Satoshi. This moment, captured and widely shared on social media, sparked interest in the cryptocurrency community.