#CreatorPad Surges Ahead as Bitcoin Eyes $115K But Trump Tariffs Threaten Bull Run
The crypto market opened the week in a more stabilized way. Bitcoin and Ethereum (ETH) were recovering after the weekend had witnessed big sell-offs. The selloffs came as the worst spot ETF outflows were experienced in months.
This meant that crypto market volatility attracted the interest of investors, but the recent events point towards a potential solution to stabilise the market.
The Cause of Recent Crypto Market Volatility
The Bitcoin ETFs have had an outflow of close to $1 billion in two days between Thursday and Friday. This caused a dramatic slide in the price of Bitcoin and in the process its value declined to about $11,4000 and it later rebounded slightly.
Ethereum also took losses, like Friday saw most of its outflow of 152 million dollars, and it had three months of inflows. This outflow triggered the already budding volatility in the crypto market and put a burden on both Bitcoin and Ethereum.
Global Events Driving Crypto Market Volatility
The market has been pretty volatile lately in the face of increased worldwide tension. The American president Donald Trump further darkened the mood of investors by introducing new tariffs in Asia and Europe. This caused uncertainty in the global economy due to the tariffs, and this affected riskier assets such as cryptocurrencies directly.
Consequently, the volatility in the crypto market would be augmented and investors would be more apprehensive, as they were not aware of what to expect.
Bitcoin and Ethereum Show Stability Amid Crypto Market Volatility
Bull Run