Geopolitical Tensions
Ongoing conflicts in the Middle East caused a flight to safety.
Investors shifted to gold (+1.1%), pulling funds from high-risk assets like crypto.
2. 📈 Institutional Interest Still Strong
Spot Bitcoin ETFs saw $1.07B in inflows in just 4 days.
ETH ETFs recorded $296M inflows last week—marking 7 consecutive weeks of positive demand.
3. 💵 Stablecoin Evolution
Société Générale to launch USD CoinVertible (USDCV)—a dollar-pegged stablecoin on Ethereum & Solana.
Backed by BNY Mellon, it’s Europe’s first bank-issued stablecoin.#MarketPullback #IsraelIranConflict #USDCV