Discover how Trump's executive order influenced a $1.9 billion influx into the digital asset market. Bitcoin and Ethereum are the top recipients of this capital surge.
Following Donald Trump’s executive order to establish a presidential working group on digital asset markets, an unprecedented $1.9 billion capital flowed into this market last week. According to CoinShares report, Bitcoin (BTC) attracted $1.6 billion, representing 92% of the total capital inflow. Ethereum (ETH) ranked second with $205 million. This executive order, which includes halting federal efforts to develop central bank digital currencies and reversing Joe Biden’s policies, boosted investor confidence worldwide. The United States received the highest investment with $1.7 billion.
