{"id":2122,"date":"2025-04-02T12:06:43","date_gmt":"2025-04-02T11:06:43","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2122"},"modified":"2025-04-02T12:06:45","modified_gmt":"2025-04-02T11:06:45","slug":"cryptocurrency-market-soars-today-whats-behind-surge","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cryptocurrency-market-soars-today-whats-behind-surge\/","title":{"rendered":"Cryptocurrency Market Soars Today : What\u2019s Behind the Surge ?"},"content":{"rendered":"\n

The Calm Before the Storm ?<\/h2>\n\n\n\n

The recovery of the cryptocurrency market<\/strong> closely aligns with that of the US stocks, amidst economic uncertainty ahead of Trump’s Independence Day. The American president is set to unveil new protectionist measures<\/strong> that could impact global growth.<\/p>\n\n\n\n

Despite these trade tensions, investors seem to be cautiously optimistic. Bitcoin<\/a> <\/strong>has gained over 3%<\/strong> to climb back above $84,000<\/strong>, while Ethereum<\/a> <\/strong>surpassed $1,800<\/strong>. This positive trend is also seen in altcoins, with increases of over 6%<\/strong> for DOGE<\/a> <\/strong>and Cardano<\/strong>.<\/p>\n\n\n

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\"Evolution
Source: Coin360<\/figcaption><\/figure>\n<\/div>\n\n\n

According to analysts, this surge reflects a “breather” before a possible storm as investors position themselves ahead of Trump’s decisions. Although the outcome of the trade conflict remains uncertain, a more favourable scenario than expected could provide a much-needed reprieve for the markets<\/strong>.<\/p>\n\n\n\n

Encouraging Capital Inflows for Cryptocurrencies<\/h2>\n\n\n\n

Beyond short-term fluctuations, investment flows<\/strong> into crypto funds remain overall positive<\/strong>. Over the past week, these products have recorded $226 million of inflows<\/strong> following five consecutive weeks of outflows.<\/p>\n\n\n\n

This trend reflects the ongoing confidence<\/strong> of institutional investors in digital assets, albeit in a “cautious” approach, according to analysts at CoinShares<\/em>. Bitcoin<\/a> notably attracted $197 million<\/strong>, while altcoins saw capital inflows for the first time in five weeks.<\/p>\n\n\n

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\"Chart
Source: TradingView \/ Cointelegraph<\/figcaption><\/figure>\n<\/div>\n\n\n

From a technical standpoint, the cryptocurrency market<\/a> also shows encouraging signals<\/strong>. After dipping into oversold territory, the Relative Strength Index (RSI) suggests a resurgence of buyers to absorb selling pressure. Moreover, the formation of a potential double bottom hints at a consolidation and a more sustainable recovery<\/strong>.<\/p>\n\n\n\n

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Buy cryptocurrencies easily via WEEX !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

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