Cryptocurrency markets have seen significant inflows in early 2025, with crypto funds recording their largest inflows of the year over the past two weeks, totaling $5.5 billion. Bitcoin led the surge with $1.8 billion in inflows last week, while Ethereum saw $336 million over two weeks, and Solana experienced a $6 million boost. Bitcoin's price stands at $94,000, Ethereum at $1,800, and Solana at $146. Bitcoin dominance has continued to rise, reaching 65%, marking its highest level in the past four years. This increase in dominance suggests a strong investor preference for Bitcoin over other cryptocurrencies, potentially signaling a delay in the anticipated altcoin season. Gold markets have also seen unprecedented activity, with gold funds recording over $80 billion in net inflows so far in 2025, nearly double the previous record set during the 2020 crisis. Gold has rallied 23% year-to-date. China's gold purchases have been particularly notable, with the country buying 5 tonnes in March and reportedly 50 tonnes in February. In the U.S., institutional investors have shown bearish sentiment towards stocks, with hedge funds' shorting of U.S.-listed ETFs reaching a record high in April, surpassing levels seen during the 2020 market crash. Conversely, retail investors have been buying equities at historic levels. The iShares Bitcoin ETF has seen inflows for 15 consecutive days, totaling $4.5 billion.