In a surprising turn of events, the cryptocurrency market has demonstrated remarkable resilience despite facing a significant correction triggered by tariff threats from the U.S. government. Recent data reveals that investment products in the crypto space have continued to attract substantial inflows and trading activity, and the material points to an encouraging trend: this ongoing interest suggests a strong belief in the long-term potential of digital assets.
Impressive Inflows into Cryptocurrency ETPs
Last week, cryptocurrency exchange-traded products (ETPs) recorded an impressive $317 billion in inflows, highlighting the ongoing interest from investors even amid market volatility. This surge in investment comes as a response to the panic induced by U.S. President Donald Trump's tariff threats, which have rattled various sectors of the economy.
Record Trading Volumes in the Crypto Market
In addition to the inflows, trading volumes in the crypto market reached unprecedented levels, with an all-time high of $53 billion in weekly trading. This surge indicates a robust trading environment, as investors remain undeterred by external pressures. Year-to-date, total inflows into crypto funds have now surpassed last year's figures, reaching a staggering $487 billion, signaling a strong recovery and sustained interest in the cryptocurrency market.
As the cryptocurrency market shows resilience amid recent volatility, Ethereum's price remains a key focus, currently hovering around $4,177. For more details on Ethereum's support and resistance levels, read more.
