US President Donald TrumpAlthough the decision to stop new customs tariffs brought to other countries except China for 90 days, although there were strong rise in the markets Spot Bitcoin ETFA large amount of outputs took place. A total of $ 127.12 million was recorded on Wednesday, while the largest output BlackrockIt was from the IBIT fund. While there is a net output of 89.71 million dollars from IBIT, Grayscale33.8 million dollars out of the GBTC fund. Vaneck And Wisdomtree‘s funds also received their share of the exits.
Bitcoin rose despite the exits from ETFs
Spot Bitcoin While the outputs in ETFs continue Bitwise‘s BITB fund positive decomposition and $ 6,71 million input. The wave of exit thus reached its fifth day, and despite the general positive atmosphere in the markets, it revealed the cautious stance of investors against ETFs.
The tariff pause of Trump and the reduction of customs duties to 10 percent for most countries affected the markets positively. While the US stock exchanges close the day with great rise Crypto Money MarketThe rise in the rise also drew attention. Bitcoin increased by 7.16 percent in the last 24 hours to 82 thousand 115 dollars, while Ethereum gained 11.08 percent and reached 617 dollars.
US and Asian stock exchanges moved by Trump’s decision
Trump’s back step in the tariffs led to strong positive reactions in the markets. Dow Jones 7.87 percent, S&P 500 9.52 percent of the value gained. Nasdaq The index increased by 12.16 percent and made the biggest daily leap since January 2001. While the shares of the US -based giant crypto currency exchange Coinbase increased by 16.91 percent, it is known for its crypto currency investments. Strategy‘s shares completed the day with an increase of 24.76 percent.
The positive atmosphere on the US stock markets was reflected in the Asian markets. In Japan Nikkei 225 The index is 8.68 percent, South Korea’s Kospi The index rose by 6.07 percent. China Shanghai compound index 1.34 percent, Hong Kong’s Hang Seng The index rose 3.13 percent.
BTSE COO Jeff MeiHe said that by interpreting the rise in the markets, investors act with the expectation of an agreement between the US and other trade partners, but the US-China tension is still carefully monitored.
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.
