As of May 3, 2025, the cryptocurrency market is witnessing significant developments. BlackRock has made a substantial investment, purchasing $675 million in Bitcoin and $20 million in Ethereum, indicating strong institutional confidence in digital assets . Despite this, Bitcoin’s price shows short-term weakness, failing to mirror the gains seen in U.S. stock markets .   

Geopolitical tensions, particularly concerning Taiwan, are impacting crypto markets, adding to investor caution . In the U.S., President Trump’s pro-crypto policies are attracting global firms like Deribit and OKX to explore opportunities in the American market .  

However, ethical concerns have arisen over an exclusive White House dinner for top investors in Trump’s memecoin, $TRUMP, raising questions about the intersection of politics and cryptocurrency investments . 

In India, the crypto community is closely monitoring these global trends, recognizing their potential impact on local markets and regulatory approaches.