Market Overview
- The global cryptocurrency market rose by 0.26% on Thursday, reaching a total market capitalization of $2.7 trillion.
- Bitcoin stabilized at **$81,000**, down 3% from its 24-hour high of $84,476.
- Investor focus shifted toward altcoins following announcements from Binance, Ripple, and Dubai authorities.
Bitcoin Market Update: BTC ETFs See First Inflows Since March
- Bitcoin briefly dipped to **$79,000** on Thursday, fluctuating below $84,500 since the start of the week.
- Escalating trade tensions between the U.S. and its North American neighbors continue to limit capital inflows into BTC.
After seven consecutive days of outflows totaling $1.6 billion**, Bitcoin ETFs recorded **$13.3 million in inflows on Wednesday—the first positive movement since early March.
| Bitcoin ETF Inflows (March 2025) | Source: SosoValue |
|---|---|
| $13.3 million inflow | First since March |
While modest compared to recent outflows, this suggests corporate investors reacted positively to the latest U.S. CPI inflation data. However, delayed rate hikes amid trade war rhetoric may still hinder sustained ETF demand.
Altcoin Market Update: Ethereum, XRP, and Cardano Extend Losses
The crypto market opened positively Thursday as U.S. PPI data reinforced signs of easing inflation. However, fears of aggressive tariffs under the Trump administration weighed on sentiment.
- Total market loss: 4.3% ($106 billion) over 24 hours.
Top performers:
- BNB (+0.4%) showed resilience.
- PEPE and TRUMP gained 6% and 3%, respectively.
Key Altcoin Trends:
- Ethereum (ETH): Dropped 2.9% to $1,845, with weekly losses of 16.2%.
- XRP: Flat at $2.23 but down 14.3% weekly despite Ripple’s Dubai licensing win.
- Cardano (ADA): Worst hit among majors, plunging 23.5% this week.
👉 Discover how BNB defied the market downturn
Today’s Chart: BNB Bucks the Trend with Rare Gain
BNB rose 0.2% to $570+, supported by:
- Increased demand for exchange tokens.
- A $2 billion investment inflow from Dubai’s GMX.
However, volatility risks persist due to rumors of CZ seeking a Trump pardon.
Crypto News Roundup
1. Trump Cabinet Members Disclose Bitcoin Holdings
Six Trump administration officials revealed significant BTC holdings in financial disclosures, per Fortune:
- HHS Secretary Robert Kennedy Jr.: $1M–$5M in Fidelity’s crypto accounts.
- Treasury Secretary Scott Bessent: Up to $500K in BlackRock’s Bitcoin ETF (must sell within 90 days).
2. Trump Family in Talks to Acquire Binance.US Stake
- Negotiations aim to strengthen ties with policymakers amid regulatory scrutiny.
- CZ reportedly seeks a presidential pardon after serving his sentence.
3. Aave Labs Launches Horizon for Institutional DeFi
The new initiative integrates real-world assets (RWAs), allowing tokenized money market funds as collateral for stablecoin liquidity.
FAQs
Q: Why did Bitcoin ETFs see inflows after weeks of outflows?
A: Investors responded to positive U.S. CPI data, though trade war risks may limit sustained recovery.
Q: Which altcoins performed well despite the market dip?
A: BNB, PEPE, and TRUMP gained due to exchange demand and speculative interest.
Q: What’s driving BNB’s price stability?
A: Institutional inflows and Dubai’s $2 billion investment provided short-term support.