While the global virtual asset market continues to show strength centered on Bitcoin and Ethereum, the overall market is experiencing fluctuations within a wait-and-see attitude. It is analyzed that the upward momentum has been curbed as trade negotiations between the United States and China have reached a stalemate.
According to CoinMarketCap, a global cryptocurrency information platform, as of 2:15 PM on the 25th, Bitcoin is trading at $93,384, up 0.55% from the previous day. It showed a clear upward trend, rising 10.44% on a weekly basis. Ethereum also recorded a 12.15% weekly increase, with its current price at $1,770. Compared to the previous day, it has dropped 0.31%, showing a momentary pause.
The stablecoin Tether (USDT) is maintaining a level of $1, supporting market liquidity, while XRP has risen 6.17% over seven days, following the altcoin upward trend.
However, despite the upward trend, the market sentiment remains cautious overall. While former US President Donald Trump stated that tariff negotiations with China are ongoing daily, the Chinese Ministry of Foreign Affairs officially denied this. As this diplomatic tension continues, global risk factors continue to be a source of market uncertainty.
