Investors are still optimistic with caution because the market sees fluctuations at the weekend: Report

Over the past 48 hours, millions of dollars have been filtered in the cryptocurrency market due to tensions between US President Donald Trump and billionaire businessman Elon Musk. Their general conflict has ended the markets for the week.

However, weekly a report From the exchange of cryptocurrency indicates that investors are optimistic with caution, with increasing confidence in the soft landing and the cooling economy slowly. However, it remains sensitive to the risk of inflation and federal reserve signals.

Trump Mask Mandate shakes the markets

Bitcoin (BTC), which was mostly unified between $ 104,000 and $ 106,000 since the beginning of the week, has decreased less than $ 101,000, and fell to the lowest multi -price level in the Trump Magak conflict. ETHER (ETH) also got success, as it briefly decreased to less than $ 2400.

In addition to the stalled prices in BTC and ETH, their balances in the exchange of encryption recorded significant decreases in the first few days of the month. Since the beginning of May, the scale for the largest digital assets decreased by 4.3 % and 7.5 %, respectively.

This diving in the show has reached its lowest annual annual levels of BTC and ETH balances held on exchanges. Binance believes that this may be a sign of accumulation because investors transfer their assets from trading platforms.

Moreover, Bitcoin continued to shares and gold. The BTC-S & P 500 association increased for two months to 0.49 of last week, while the coil’s encrypted currency increased to 0.09.

The traded investment funds are gaining institutional traction

On the brighter side, the codes circulating in the exchange of encryption (ETFS) gain an institutional traction, which can be attributed to some modern regulatory reforms. Near the end of May, the Securities and Stock Exchange Committee (SEC) issued instructions stating that exhaustion activities on bulletproofing networks (POS) do not constitute securities. Since then, Crypto ETF providers can integrate Stokeing Bonuses into their shows.

Based on the same momentum, the multinational giant JPMorgan announced two days ago that it will allow customers to use Crypto ETF shares as a guarantee of loans.

It is worth noting that Circle, the Source Stablecoin, is behind the US dollar currency (USDC), launched its first year (IPO) on the New York Stock Exchange (NYSE). The company raised $ 1.5 billion for public subscription by selling 34 million shares at $ 31 each.

However, 220 million suspended shares were revealed in its file on June 2 with the Supreme Education Council that the evaluation amounted to $ 6.9 billion. At the time of writing this report, the company had a market value of at least $ 20 billion, following its shares on the New York Stock Exchange after the list.