BREAKING
355d 15h ago

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

BTC

BTC/USDT

$75,396.16
+4.08%
24h Volume

$34,057,419,982.02

24h H/L

$76,000.00 / $72,419.28

Change: $3,580.72 (4.94%)

Long/Short
48.3%
Long: 48.3%Short: 51.7%
Funding Rate

+0.0041%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$75,396.16

0.68%

Volume (24h): -

Resistance Levels
Resistance 3$83,437.33
Resistance 2$78,962.25
Resistance 1$76,029.69
Price$75,396.16
Support 1$74,580.36
Support 2$70,920.82
Support 3$68,115.84
Pivot (PP):$75,336.78
Trend:Sideways
RSI (14):63.0

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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