Bitcoin and stablecoins in high demand amid increased economic uncertainty

Bitcoin and stablecoins in high demand amid increased economic uncertainty

According to data published by Mercuryo, traders are increasingly turning to relatively safe crypto assets such as bitcoin and stablecoins, turning away from riskier investments. This change in behavior is due to US President Donald Trump's tariff policies. The American leader's measures have sparked fears of possible global trade tensions and, consequently, an economic downturn. This is reported by Investing.com.

According to CoinMarketCap, the market capitalization of cryptocurrencies in 2025 decreased by 18%, falling from $3.25 trillion to $2.67 trillion in April.

Despite the overall downturn in the sector, bitcoin demand remains high. In the week to January 27, 2025, BTC purchases on the Mercuryo platform rose 13%, while the same figure for Ethereum and Solana fell 4% and 10%, respectively. In the week to March 24, bitcoin purchases increased by 8%, while ETH was bought 20% less compared to the previous week.

Meanwhile, the share of USDC and USDT stablecoins in weekly transactions on the Mercuryo platform increased from around 37% in January to 50% in March.

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