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What happened in cryptocurrencies last week?

• Bitcoin is trading at $84,000, up 10%

• Ethereum is trading at $1,600

• OM token crashed by over 90%, with Mantra blaming centralized exchanges

• Markets rebounded after Trump paused tariff enforcement for 90 days

• Paul Atkins, a crypto advocate, was appointed as the new head of the U.S. Securities and Exchange Commission

• The U.S. Securities and Exchange Commission approved options trading on Ethereum spot ETFs

• Trump signs the first U.S. cryptocurrency bill, eliminating the DeFi broker rule from the Internal Revenue Service

• China responded with a 125% tariff after the U.S. raised tariffs on China to 145%

• 130 countries are negotiating new trade agreements with the United States

• Markets are volatile as investor confidence wavers due to tariffs and trade uncertainty

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