The investment fund cited in the US in cash in Bitcoin (BTC) stock market (ETF) recorded a positive turn this week after several days of capital departures.
They won a net ticket of US$76.4 million on Tuesday, continuing the bullish impulse that had already begun with a modest total of US$1.5 million that had already begun on Monday. This concludes the negative streaks of the seventh consecutive retreat day.
Bitcoin prices have fallen 2% in the last 24 hours, standing at 83,000 US dollars These capital tickets limit bigger falls. The price adjustment comes after reaching the highest level of US$86,400 on the same Tuesday in two weeks.
This price action puts BTC at 23% below its past record maximum registered three months ago. This was about USD 109,000.
Next, as reported by Cryptootics, we can observe changes in ETF flows that have not only reduced sales by whales (an investor with over 1,000 BTC) but also contributed to the fact that there was no greater price drop.
According to Peter Chung, the head of research at Presto Research Company, Much of the flow involving ETFs is driven by the basic operations of Chicago Commercial Stocks (CME). This metric measures the price difference between futures and spot markets.
CME-based performance recovered last week as risk assets began to stabilize. “Therefore, recent ETF tickets could be the result of changes in cash markets and futures dynamics,” the specialist said.
The change came last week after US President Donald Trump and Paulara pursued negotiations for 90 days, except for multiple countries – excluding China.
However, unlike Bitcoin’s ETF, Ethereum Cryptocurrency, Ether (ETH), continued to show a negative trend. The products registered a US$104.2 million outing on Tuesday, marking six consecutive retreat days.
On the commercial side, tensions between the US and the European Union continue without any clear signs of progress. EU Secretary of Commerce Maros Sevkovic met with U.S. Secretary of Commerce Howard Lutnick and trade representative Jamieson Greer in Washington this week, but no new contract was announced.
According to a source close to negotiations that spoke to the press on condition of anonymity, Officials from the Donald Trump administration reported that they have no plans to eliminate most European bloc tariffs. This suggests that tensions could continue in the market.
For now, Italian Prime Minister Giorgia Meloni will meet with Trump at the White House on Thursday to ease tensions over American tariffs on European products and position himself as a bridge of negotiations.
However, from China, the signal is more open to the final expansion. Sources close to the Chinese government have indicated that the country is willing to negotiate tariffs with the United States under certain conditions.
In such conditions, China asks Trump to show you more respectslow down some lightly comments to cabinet members. Furthermore, he calls for greater nature to address his concerns about Taiwan’s economic sanctions and the situation.
Also, according to a relative’s comments, China intends to designate a person in the background of the president in order to lead the negotiations against the president’s background and lay the basis for an agreement that the United States could potentially sign at a final meeting with Chinese President Xi Jinping.
Since he assumed his position three months ago, Trump has applied tariffs of up to 145% on a wide range of products imported from China, which has led to retaliation by Asian countries.
The commercial war unleashed expectations of greater inflation and the possibility of economic slowdown. According to Goldman Sachs Bank, the chances of a recession in the US reach 45% in the current context.
As reported by Cryptootics, this risk has strengthened the demand for gold, such as gold, leading to new records to financial and cryptographic instruments that follow its value. Meanwhile, before this scenario, both Action and Bitcoin are in the corrective phase after reaching the maximum this year.
Such a move only reflects the broad market prudence towards economic and commercial uncertainty.
