The Federal Reserve’s covert actions to inject liquidity into the financial system are raising eyebrows amid escalating market tensions. As the Reserve’s Reverse Repo Facility (RRP) balance takes a significant
Since lower cap tokens have a tendency to fully retrace quick rallies, holders and traders can seek to play it safe and exit the market with profits.
Bitcoin spot exchange-traded funds (ETFs) recorded a combined net outflow of $326m on April 8, extending a four-day streak of redemptions as investor appetite cooled following a string of macroeconomic concerns and rising geopolitical tensions. According to SoSoValue data , BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of the day’s losses, posting a net outflow of approximately $252.9m. Other funds also saw negative flows, including Grayscale’s GBTC with an $8.5m outflow, Ark’s ARKB with nearly $20m withdrawn, and Bitwise’s BITB losing $21.7m. Cautious Sentiment Hits Bitcoin ETFs as Crypto Markets Reel From Tariff Tensions None of the top 10 Bitcoin spot ETFs saw any net inflows during the day. Fidelity’s FBTC and VanEck’s HODL, among others, remained flat, reflecting a cautious investor mood. Ethereum spot ETFs also performed poorly. All nine funds recorded a total outflow of $3.29m. None reported any new inflows. The pullback in ETF flows comes as Bitcoin and Ether faced sharp sell-offs during early Asian trading hours on Wednesday. 4/8 BlackRock Bitcoin ETF $IBIT net flow: -3,296 Bitcoin ($-253.18 million) (3rd Highest Outflow Since Launch) Volume traded: $2.1 billion https://t.co/GX5GSqw4ZL pic.twitter.com/fdI1R1aGUY — Trader T (@thepfund) April 9, 2025 Bitcoin fell 5.6% to $75,523, while Ether slid 10.7% to $1,417, driven by mounting concerns over a prolonged US-China trade war. Investors are bracing for President Donald Trump’s sweeping new tariffs to take effect, while hopes for a near-term resolution fade. Broader crypto markets mirrored this stress, shedding roughly 7% in total value to $2.4t in the past 24 hours. Altcoins offered little relief, with only scattered gains failing to offset the overall decline. Crypto Markets Mirror Wall Street as Risk Appetite Fades Market watchers say the ETF outflows reflect a broader risk-off sentiment that has gripped both crypto and equities. “This is proof that the crypto market is no longer siloed. It breathes the same air as TradFi, especially when fear is this palpable,” said James Toledano, chief operating officer at Unity Wallet. The ETF data suggests that institutional interest in crypto, which surged following January’s spot Bitcoin ETF approvals in the US, may be tapering as macroeconomic and political headwinds intensify. The post Bitcoin Spot ETFs See $326M in Outflows, Marking Fourth Straight Day of Losses appeared first on Cryptonews .
Market volatility raises concerns for cryptocurrency traders. U.S. Continue Reading: Market Turbulence Signals Caution for Cryptocurrency Traders The post Market Turbulence Signals Caution for Cryptocurrency Traders appeared first on COINTURK NEWS .
According to recent reports from COINOTAG News, significant developments are on the horizon for Bitcoin legislation in Florida. The Bitcoin Reserve Bill, designated as HB 487, is set to undergo
Bitcoin (BTC) is up 0.24% today and trades around at $76,481 in the early Asian session after crashing 3.71% on Tuesday. While Bitcoin price slides lower, the US Treasury market is spiraling into chaos, with the 10-year yield rocketing to 4.5% and the 30-year yield hitting 5%. Some speculate this could be a $2 trillion basis trade unwind while others hint it could be China selling treasuries . Regardless of the reason, markets speculate that this could prompt the Federal Reserve to announce an emergency rate cut, which could prompt a buying spree from crypto investors, catalyzing a bullish reversal for Bitcoin’s price . Why The Treasury Market Meltdown Matters for Bitcoin The US President Donald Trump’s trade war with China may have caused the 10Y yields to jump 17.16% from a low of 3.840% to 4.499% in the past 72 hours. In the meantime, BTC is up 2.53% in the last four hours, attempting to undo yesterday’s losses. 10Y Treasury Yield is up 4.50% ZeroHedge called this “absolutely spectacular meltdown” with “ basis trade blowing up , sparking multi-trillion dollar panic .” In a successive tweet, ZeroHedge adds that this is what “the collapse of the $2 trillion basis trade “ looks like. The basis trade unwind is a leveraged forced-selling spiral—when it happens, Treasury prices drop (yields rise) rapidly, even in a risk-off environment where you’d normally expect bonds to rally. This is why Treasuries are losing their safe-haven appeal amid the trade war turmoil. With such a steep climb in long-dated yields, Gold bug Peter Schiff says , “Without an emergency rate cut tomorrow morning and the announcement of a massive QE program, tomorrow could be a 1987-style stock market crash.” Fed Panic Trade Goes Viral: May Rate Cut Odds Soar 500% It is yet to be seen if the Fed will announce an emergency meeting to discuss the treasury yields’ unusual spike. A look at the data shows that markets are already pricing in a rate cut. According to the CME Fed Watch Tool, the probability of a rate cut in May has spiked from 10.6% a week ago to 58.9% today. Fed Watch Tool Fed Rate Cut Probability Bitcoin Price Forecast: Two Scenarios If the Fed sets up an emergency meeting today and cuts interest rates , it could prompt a massive buying spree from investors, catalyzing a recovery rally for Bitcoin’s price and the broader crypto market , putting an end to the ongoing bear rally. The key levels to watch if BTC price rallies include $81,200, $84,150, and $90,000 . A flip of $90K into support level will suggest a shift in paradigm supporting bulls . This development opens the door for a bullish Bitcoin price prediction with a target of $100K and potentially a new ATH . On the other hand, if the Fed holds, there could be more pain for both the stock and the crypto markets with Bitcoin price potentially dipping into the $70K region . The post Bitcoin Price Eyes Rally as $2T Treasury Trade Unfolds—Fed Emergency Rate Cut Bets Soar appeared first on CoinGape .
Ukraine has officially established an 18% income tax rate for individuals deriving income from operations involving virtual assets. This move formalizes the taxation of cryptocurrency-related earnings and aligns the treatment of digital assets with broader income tax regulations within the country. Establishing a Clear Tax Framework for Virtual Assets The introduction of the 18% income … Continue reading "Ukraine Sets 18% Income Tax on Virtual Assets" The post Ukraine Sets 18% Income Tax on Virtual Assets appeared first on Cryptoknowmics-Crypto News and Media Platform .
The post Is Strategy Really Planning to Sell Its Bitcoin? appeared first on Coinpedia Fintech News A recent rumor claimed Strategy might sell its Bitcoin holdings if prices fall, citing an 8-K form filed with the SEC on April 7. However, this sparked confusion, as the statement is part of a routine risk disclosure, not a sign of panic. Similar language has appeared in past 10-Q reports, including Q1 2024 and throughout 2023. It’s a standard precaution many public companies include, and doesn’t indicate any immediate plans to sell Bitcoin due to market drops.
On April 27, 2025, Kyiv will once again become the epicenter of the crypto industry
President Donald Trump’s astonishing new tariffs on China officially took effect at midnight Wednesday, causing a global market plunge that took the S&P 500 index below 5,000. The tariffs, totaling 104%, are part of the administration’s protectionist trade agenda that has deepened economic hostilities between the US and the Asian nation. In a press briefing late Tuesday, White House Press Secretary Karoline Leavitt confirmed the implementation of the tariffs, which she described as a necessary response to “years of economic exploitation” by foreign nations, especially China. President Trump is using his “payback” trade strategy to punish countries he claims have taken advantage of American industries and workers. Early this morning, China’s Commerce Ministry condemned the decision, calling it “a mistake upon a mistake.” Officials in Beijing promised to impose retaliatory measures and warned that Trump’s choices could severely damage bilateral trade. China tariffs increased, stock market reacts negatively Beijing’s refusal to back down from its planned retaliatory tariffs on US exports, which was announced last Friday, gave the Trump administration reasons to bump up Chinese tariffs. Originally set to increase by 34%, tariffs on Chinese imports were augmented after China announced Tuesday it would proceed with its own 34% tariff hike by noon. In response, Trump added another 50% in duties. In addition to the headline tariffs, Trump signed an executive order late Tuesday tripling the duty on packages valued under $800 to target Chinese e-commerce platforms like Shein, Temu, and AliExpress. Previously exempt under the “de minimus” rule, these packages were initially set to face 30% tariffs starting May 2. Trump’s order, which raises that rate to 90%, would affect millions of American consumers who rely on low-cost online imports. Leavitt defended the move, asserting that Trump “has a spine of steel” and would not be pressured into reversing the tariffs. “Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake.” ~ said Leavitt. The US stock market, which had briefly surged Tuesday morning, took back all the positives after Leavitt’s comments. According to Google Finance data, the Dow Jones Industrial Average index dropped 320 points or 0.84%, the S&P 500 fell 1.57%, and the tech equities-oriented Nasdaq Composite slid 2.15%. In Asian markets, Japan’s Nikkei 225 plunged 4.56%% in Wednesday’s open trading session. Hong Kong’s Hang Seng also tanked 0.53%, while South Korea’s KOSPI and Australia’s ASX 200 each shed around 1%. The S&P 500 has posted losses for four consecutive trading days, falling below the 5,000 mark to 4,982, for the first time in almost a year. The index is currently down 18.9% from its February 19 peak. According to LSEG data, S&P 500 companies have lost $5.8 trillion in value since the announcement of Trump’s tariff plan last Wednesday, the biggest four-day market drop since the index was created in the 1950s. Breaking post-war economic normalcy Trump’s trade policies are drifting global trade much further from the post-World War II economic consensus, which prioritized open markets and multinational cooperation. Economists and trade analysts worry the administration’s actions are destabilizing global alliances that supported decades of economic growth. “ There is a deep irony in Trump claiming unfair treatment of the American economy at a time when it was growing robustly while every other major economy had stalled or was losing growth momentum. The Trump tariffs are likely to end America’s remarkable run of success and crash the economy, job growth and financial markets.” ~ said Eswar Prasad, a professor of trade policy at Cornell University. Trump and his advisers, including trade architect Peter Navarro, believe America’s large trade deficits are proof enough that the US is a victim of unfair global practices. “ They’ve taken so much of our wealth away from us ,” Trump reckoned on April 2 in the Rose Garden. “ We truly can be very wealthy. We can be so much wealthier than any country .” The United States recorded a $1.1 trillion trade deficit in 2024, the highest by any nation, according to Statista. China was America’s second-largest importer last year, sending $439 billion in goods to the US, while American exports to China totaled just $144 billion. Still, naysayers argue that trade deficits are not inherently harmful to an economy. The US has run trade deficits every year for more than 50 years while becoming the world’s largest economy. In 2023, the country exported $3.1 trillion in goods and services, outpacing every nation except China. “ There is no reason to think that a bigger trade deficit means lower growth. In fact, the opposite is closer to the truth in many countries ,” said Maurice Obstfeld, a senior fellow at the Peterson Institute for International Economics and former IMF chief economist. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now