BREAKING
418d 19h ago

Bitcoin ETFs See $9.4 Billion Inflow Amid Market Uncertainty from Trade War Tensions

BTC

BTC/USDT

$77,190.00
+0.50%
24h Volume

$12,128,181,312.82

24h H/L

$77,317.02 / $76,144.71

Change: $1,172.31 (1.54%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0059%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,864.90

0.04%

Volume (24h): -

Resistance Levels
Resistance 3$80,477.41
Resistance 2$78,936.18
Resistance 1$77,488.22
Price$76,864.90
Support 1$76,753.70
Support 2$75,007.88
Support 3$72,673.46
Pivot (PP):$76,768.03
Trend:Sideways
RSI (14):44.7

COINOTAG News reports on March 27th that QCP has highlighted escalating global trade tensions following former President Trump’s announcement of a **25% tariff** on automobile imports, effective April 3rd. This move, coupled with anticipated retaliatory tariffs aimed at the United States’ major trading partners, introduces further **uncertainty** into the already volatile global economy. Consequently, stock markets in **Japan** and **South Korea** have seen notable declines, particularly within the **automobile sector**.

In the realm of cryptocurrency, overall market sentiment remains **tepid** despite some significant developments. Although GameStop has made headlines with its plan to raise **$1.3 billion** to invest in **Bitcoin**, this announcement has yet to revitalize the market. Notably, Bitcoin ETFs have attracted **$9.449 billion** since March 14th, in stark contrast to the **$1.121 billion** outflow experienced by Ethereum ETFs, highlighting diverging institutional confidence in these assets.

As we approach the options expiration tomorrow, with **$12.2 billion** in BTC options set to expire at a critical **maximum pain point** of **$85,000**, Bitcoin has already begun to retreat from recent highs. The decline of **front-end volatility** for BTC and ETH by **10 points** indicates a cautious market environment. Further, with the **PCE index** data due for release and uncertainty surrounding Trump’s next steps in the trade conflict, short-term upside potential appears limited.

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