news 
Crypto Market Today: BTC and ETH Remain Strong Amid Global Tensions and Institutional Buying
The crypto market is experiencing a surge in stability, with Bitcoin (BTC) and Ethereum (ETH) displaying remarkable resilience amidst global tensions and institutional buying. Despite the uncertainty surrounding Donald Trump’s recent tariff announcements, which have added to the overall market anxiety, both Bitcoin and Ethereum are showing no signs of giving up their momentum.
Bitcoin’s current price of $114,500 is a testament to its ability to withstand external pressures. Its on-chain data suggests that profit-taking has slowed down significantly, with a notable supply “air gap” between $110K and $117K. This reduction in selling pressure may be attributed to institutional investors taking positions in the asset class.
The Crypto Fear & Greed Index has also noticed this change in sentiment, dipping to a neutral 54 as caution sets in amidst geopolitical uncertainty. While some traders are rotating into smaller-cap tokens and altcoins such as XRP and Solana that have seen moderate drops of around 2-3%, blue-chip assets like Bitcoin continue to attract attention.
Interestingly, there is speculation that the recent Trump tariff announcements may push more investors towards safe-haven assets like Bitcoin. The last time this kind of volatility was observed in November 2024, BTC surged from $70K to $100K after Trump’s election win.
Institutional investment continues to drive the market forward. Parataxis Holdings is set to go public via a SPAC merger with SilverBox Corp IV and plans to allocate $31 million towards Bitcoin purchases, followed by an additional equity facility of $400 million to expand its treasury across the US and South Korea. This development mirrors MicroStrategy’s earlier approach and underscores institutional conviction in Bitcoin.
On the other hand, Ethereum is gaining significant traction among corporate investors. SharpLink, a gaming firm, has increased its ETH reserves by 83,000 units, bringing the total institutional holdings to an astonishing $10.8 billion. With over 64 companies now holding nearly 3 million ETH, this demonstrates a significant vote of confidence in the asset’s long-term prospects.
The stablecoin market continues to thrive as well, with an impressive expansion to $275 billion. Ethena’s USDe has seen a remarkable 75% surge since mid-July and is now the third-largest stablecoin on the market with a valuation of $9.5 billion. The rising demand for its yield of 10-19% may be indicative of growing liquidity and renewed investor confidence.
As the crypto market approaches a valuation of $3.7 trillion, it becomes clear that the recent price movements are not just a flash in the pan. Rather, there is an underlying narrative of increased institutional interest, rising stablecoin flows, and a cautious but optimistic outlook in the face of uncertainty.
Source: coinpedia.org
