The climbing trade tension between the US and the European Union (EU) led to fluctuation in global markets. Additional customs tariffs brought by Trump administration to steel and aluminum imports brought the EU’s 26 billion euros retaliation move. On the other hand US Securities and Stock Exchange Commission (SEC) by XRP, Left, Ltc, Island and Dogge crypto currencyThe expected ETF approvals for the s were postponed to May 2025. Spot Bitcoin $82,521.86 In the ETFs, there was a net output of $ 153.87 million in the last 24 hours. Grayscale’s $ 56.45 million BTC sales drew attention.
ETF decision from SEC for Altcoins weakened expectations
SEC, XRP, LEFT, LTC, ISLAND And Dog He postponed the ETF approval process for Altcoins until May. The US regulatory institution announced that it will organize a round table meeting on “asset classification and regulatory framework”. In the meetings that will start on March 21 Crypto Money MarketThe future of the future will be discussed. However, the delay of ETF approvals was disappointed with market participants.
Analysts say that postponement can increase the horizontal movement in the crypto money market in the short term. BitcoinETF outputs and macroeconomic uncertainties are expected to support 82 thousand dollars, warning that the prices of macroeconomic uncertainties can suppress.
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Record Output from Bitcoin ETFs: Grayscale sold 641 BTC
Grayscale Bitcoin Trust (GBTC), 641 BTC in the last 24 hours by selling $ 56.45 million output. With this move, GBTC’s total assets drew to $ 17.24 billion. Bitcoin ETF‘s general net output of 153.87 million dollars recorded.
Increasing cautious behaviors of corporate investors have brought with it the inquiries of confidence in the crypto currency market. In particular, inflation concerns and conflicting signals of interest reduction expectations push investors to escape the risk. Experts will be announced soon CPI dataemphasizes that it can reshape market dynamics.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
