On March 26th, analysis from K33 Research emphasized the ongoing stability in the cryptocurrency market, correlating it with the U.S. government’s tempered tariff approach and a dovish Federal Reserve position. However, with just eight days leading up to President Trump’s “Liberation Day” on April 2nd, potential volatility could rise as trade tensions evolve. K33 Research’s Director Vetle Lunde and Senior Analyst David Zimmerman reported an impressive net inflow of $8.966 billion into the U.S. Bitcoin spot ETF over the last eight days, signaling a reduction in selling pressure and the recommencement of significant Bitcoin acquisitions.
While it appears that the most adverse phase of BTC risk mitigation is subsiding, the market adopts a cautious stance, with traders at the Chicago Mercantile Exchange (CME) remaining defensive. Conversely, offshore traders exhibit a modest optimism, although not fully bullish. Analysts noted that Bitcoin’s price continues to exhibit stability, even as trading volumes have dipped to their lowest in five months. Approaching April 2nd, the sentiment remains risk-averse, with tariffs likely to influence market dynamics, marking the day as pivotal for potential volatility.