and the distribution of digital products.
The incident highlights the vulnerabilities in crypto markets, where illicit activities can manipulate prices and undermine market integrity.
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The entire crypto industry has had a recent few weeks of ugly price action and downtrend, a trend which has been reflected in crypto investment funds. Notably, digital asset funds have witnessed their worst outflow streak on record, as noted by the latest CoinShares weekly report on digital asset invesment funds. Interestingly, the report reveals insights into investor sentiment across different assets, with funds based on XRP and Cardano seemingly defying the trend.
BNB has once again demonstrated its resilience and strength by breaking through the crucial $605 resistance level. This milestone, achieved after weeks of testing and consolidation, has sparked renewed interest among traders and investors. Following the breakout, BNB has entered a phase of price stabilization, comfortably holding above the $605 mark and transforming it into a robust support zone.
Bitcoin holds its ground as Trump’s tariffs put investors on the back foot and projects like $ETH, $DOGE, and BTC Bull Token, that are directly connected to $BTC’s success, may capitalize on it.