Here is what happened yesterday in the crypto market:
Bitcoin Rises Despite US Dollar Slump Amid Trade War Fears
Bitcoin remains resilient, holding above $82,000, even as the US dollar dips to a three-year low and inflation data brings new volatility to traditional markets—suggesting shifting trader confidence in crypto amid ongoing US-China tariff tensions. Read more
Trump Repeals IRS DeFi Broker Rule, Providing Short-Term Relief for Crypto
In a significant but temporary industry win, US President Trump overturned the IRS DeFi broker rule, easing immediate tax and reporting burdens on DeFi protocols, although experts warn the reprieve may not last long. Read more
SEC Considers Flexible Framework for Crypto Trading Platforms
The US Securities and Exchange Commission is exploring short-term regulatory relief for crypto platforms, signaling potential regulatory adaptability while the agency develops a longer-term approach. Read more
Bitcoin Lead Crypto Gains After Tariff-Induced Market Turbulence
Major cryptocurrencies, led by Bitcoin, Solana (SOL), and Dogecoin (DOGE), rebounded strongly following heightened volatility from new tariff announcements, outpacing traditional markets and highlighting renewed risk appetite among traders. Read more
BlackRock Reports Sharp Drop in ETF Inflows Despite Crypto Market Resilience
BlackRock, the world’s largest asset manager, saw Q1 spot bitcoin and ether ETF inflows plunge by 83% compared to previous quarters, reflecting cautious investor sentiment despite overall crypto market recovery. Read more