Crypto gets political, NFTs drop in volume, ETF inflows surge | Weekly Recap

As an experienced financial analyst, I’ve seen my fair share of market volatility and shifting tides. Today’s news is no exception. Donald Trump, the former president, made headlines with a surprising reversal on his stance towards cryptocurrency. After repeatedly criticizing digital currencies for their alleged role in illicit activities and financial instability, Trump announced that he is now open to exploring their potential uses and benefits.


In today’s weekly summary, here are some noteworthy developments: Donald Trump expresses a change of heart regarding cryptocurrencies; the NFT market experiences a decrease in trading activity; and exchange-traded funds (ETFs) encounter an increase in investments.

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2024-05-12 21:35