Market Overview: May 30, 2025

Rootstone·May 30, 2025·3 min read

This week in crypto, the market saw significant movements driven by global trade deals and industry milestones. Total market cap hovered around US $3.51trn, 24 hour turnover stayed above $130bn, and Bitcoin kept a firm grip on roughly 61% dominance.

Rootstone’s Market Overview

This week in crypto, the market saw significant movements driven by global trade deals and industry milestones. Total market cap hovered around US $3.35trn, and Bitcoin kept a firm grip on roughly 63% dominance.

Sentiment was underpinned by three fresh drivers. President Trump’s six-week delay of a planned 50% EU import tariff, the U.S. Senate’s 66-32 procedural vote advancing the GENIUS stable coin bill, and another burst of spot-ETF inflows into BTC and ETH that cushioned prices even as alts underperformed.

However, As of May 30, 2025, the U.S.-China trade negotiations have encountered a standstill following the temporary tariff reduction agreement reached earlier this month.