May 30, 2025
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.
