BREAKING

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

BTC

BTC/USDT

$76,606.16
+0.94%
24h Volume

$18,837,386,184.21

24h H/L

$76,774.08 / $75,064.82

Change: $1,709.26 (2.28%)

Long/Short
60.6%
Long: 60.6%Short: 39.4%
Funding Rate

+0.0051%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,732.00

0.69%

Volume (24h): -

Resistance Levels
Resistance 3$79,507.02
Resistance 2$78,204.07
Resistance 1$76,996.15
Price$76,732.00
Support 1$75,626.08
Support 2$73,740.42
Support 3$70,952.56
Pivot (PP):$75,943.86
Trend:Uptrend
RSI (14):52.0
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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**.

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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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