Easing trade tensions between the United States and China, ETF flows continue to boost the cryptocurrency market
As trade tensions between the United States and China show signs of easing and ETF flows continue, the cryptocurrency market maintains its upward trend
Bitcoin (BTC) price rose by 1.56%, reaching a peak of $94,939.69, but it dipped slightly afterward
Ethereum (ETH) saw an increase of 2.09% as it reached $1,800.05, breaking free from the previous stagnation
Among the top 10 altcoins, BNB, Solana (SOL), and Dogecoin (DOGE) saw price increases, while XRP, Cardano (ADA), and TRON (TRX) declined
Developments between the United States and China
President Donald Trump participated in interviews stating that he had several conversations with the Chinese president, although China denied this claim.
In a positive trade move, China quietly removed the 125% tariffs on American semiconductor integrated circuit products
ETF flows push the market towards optimism
Bitcoin ETFs saw an inflow of $442 million on April 25, marking five consecutive days of inflows
Ethereum ETFs experienced an inflow of $63.49 million, reversing the decline from the previous day.