Crypto Market Remains Vibrant Amid Trump Tariff Threats
The crypto market continues to show its strength by recording an inflow of US$2 billion in just one week.
This is the third consecutive week with a positive trend, increasing the total inflow in the last three weeks to US$5.5 billion.
Bitcoin dominated with an inflow of US$1.8 billion, followed by Ethereum which raked in US$149 million.
Market Confidence Remains Solid Despite Economic Headwinds
Despite facing challenges such as new tariffs from US President Donald Trump and slowing economic growth, the crypto market remains optimistic.
Strong employment data and increasing participation from institutional investors are the main drivers of the positive atmosphere among market players.
Bitcoin and Ethereum Become Investor Magnets
Based on information we quoted from Beincrypto media, Bitcoin remains the prima donna by attracting US$1.8 billion in inflows, confirming its position as a favorite crypto asset.
Ethereum is also no less shining with an inflow of US$149 million. On the other hand, altcoins such as Solana only recorded a smaller inflow of US$6 million.
The Future of Crypto Amid Global Uncertainty
Amid global economic turmoil, the crypto market has shown impressive resilience.
Investor confidence continues to be strong, supported by positive economic indicators and enthusiasm from large institutions.
With funds continuing to flow, the crypto market appears poised to face the challenges ahead.