XRP and Zcash absorb millions as $635 million exits Bitcoin
Institutional funds moved out of Bitcoin and into XRP and Zcash, with the rotation framed around a $635 million Bitcoin flush. The morning roundup also notes DFINITY accusing NEAR Protocol of code theft. Traders would watch whether the rotation into XRP and Zcash signals broader altcoin demand or just a temporary reallocation away from BTC.