LMAX Digital volumes got off to a solid start this week. Total notional volume for Monday came in at $532 million, 19% above 30-day average volume.

Bitcoin volume printed $181 million, 14% below 30-day average volume. Ether volume came in at $153 million, 32% above 30-day average volume.

Looking at average position size over the past 30 days, we’re seeing average bitcoin position size at $10,614 and average position size for ether at $3,073.

Bitcoin volatility is still tracking just off recent yearly lows, while ETH volatility has picked up since bottoming in May. We’re looking at average daily ranges in bitcoin and ether of $2,800 and $136 respectively.

Crypto assets and financial markets overall continue to hold up well in the face of stress associated with heightened geopolitical tension.

Ultimately, there is a sense that the worst could be behind us and this could be helping to keep the market supported into any dips.

One indicator supporting this case is the Israeli Shekel, which has already recovered all the way back to levels seen before the escalation began.

Meanwhile, institutional inflows into BTC and ETH spot ETFs have reached record daily highs, reinforcing bullish sentiment, underscoring crypto’s growing integration into mainstream finance.

This flow has been helped along all the more by additional, welcome regulatory clarity from US legislation.

The corporate demand has also persisted and additional bitcoin purchases from Strategy and Metaplanet have not gone unnoticed.

Looking ahead, the market will start to focus on Wednesday’s event risk in the form of the Fed policy decision.

Any signals of sustained elevated rates or tighter policy could dampen risk appetite, potentially triggering short-term corrections in crypto assets, while a move towards the more accommodative, investor friendly side will likely be supportive of crypto assets.