Phyrex
Phyrex|May 07, 2025 21:03
On Tuesday, there was a significant pullback in the data of the US BTC spot ETF, which may be due to hedging against today's Federal Reserve interest rate meeting. After all, the state Bitcoin strategic reserve was approved on Tuesday, and BTC prices rebounded well. Let's take a look at Wednesday's data. Although there was a net outflow on Tuesday, BlackRock's investors had a net inflow for the 16th consecutive working day, but only received 280 BTC. Grayscale, ARK, and Jingshun were the main sellers, and the volume was not large. Overall, there was no sign of panic, and it was most likely due to risk aversion. Although some hawkish speeches were made at today's meeting, they were still expected by the market. The official start of negotiations between the United States and China on tariff issues, and Trump's plan to abolish Biden's AI diffusion rules, are all good incentives for the market. Let's see whether the U.S. stock market can return to the part that fell due to tariffs before February 25. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads