Today in crypto, total assets in global crypto funds reached $169 billion, just 2.5% shy of the record $173.3 billion from late January. US crypto funds saw inflows of $882 million last week, pushing year-to-date inflows to $6.7 billion, which is nearing the record from early February. Amid investor demand, US crypto ETFs hit a new high with cumulative net inflows totaling $62.9 billion since their launch in January 2024. The White House announced substantial progress in trade talks with China, which may indicate potential implications for Bitcoin’s status as a safe-haven asset. Bitcoin showed resilience, recovering to around $95,000 after a dip earlier this month, even as traditional market indexes fell. However, details regarding the US-China trade agreement remain unclear, with investors speculating on the reality behind the progress claims. Without substantive details, the market remains cautious about the agreement's potential impact.

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