![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure
Mar 20, 2025 at 07:15 pm
Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure, reversing some of gains made after Federal Reserve Chairman Jerome Powell downplayed concerns about tariff-driven inflation .
A Node in the Metaverse: Trump to Speak at Digital Asset Summit as Fed’s Powell Plays Down Inflation Concerns
Bitcoin (BTC) and ether (ETH) are facing renewed pressure, reversing some of the gains observed after Federal Reserve Chairman Jerome Powell played down concerns about tariff-driven inflation and U.S. President Donald Trump is reportedly set to speak at Blockworks’ Digital Asset Summit in New York later on Thursday.
President Trump’s speech at the Blockworks event will be closely followed by traders, who are hoping to hear more about how the administration plans to acquire bitcoin in a budget-neutral manner, as discussed by the White House earlier this week.
However, don't get too excited, as the likelihood of such an announcement remains slim. Trump is more likely to reiterate his aspiration to make America the “crypto capital of the world,” which in itself could be enough to overwhelm markets.
On a more positive note, renewed interest in U.S.-listed spot ETFs is evident, with bitcoin ETFs experiencing a total net inflow of $11.8 million on Wednesday, marking the fourth consecutive day of positive flows, according to data from Farside Investors. In contrast, ether spot ETFs saw a net outflow of $11.7 million, extending a streak of withdrawals to 11 straight days.
“Several catalysts continue to support a bullish outlook,” Blockhead Research Network said. “The U.S. government exploring budget-neutral ways to accumulate bitcoin could be a game-changing factor for this cycle. Additionally, solana futures being added to the CME is a major bullish indicator for altcoins, potentially increasing institutional exposure to SOL.”
Speaking of on-chain flows, data from blockchain analytics firm IntoTheBlock reveals that whales now hold around 54,000 more BTC than they did at the beginning of the month, indicating a resurgence in accumulation following nearly a year of declining balances. Meanwhile, XRP whales have been actively buying the token for the past two months.
The SUI token has remained resilient, looking to build on Wednesday’s gains in the wake of Canary Capital Group, an institutional crypto trading and management firm, filing for a Sui exchange-traded fund (ETF) with the SEC.
In wider market news, a domain claim page for Hyperlane, an open interoperability framework, has surfaced, sparking speculation of a potential token airdrop on social media.
Traditional markets offered mixed cues, with dollar-yen staring at a death cross pattern, teasing a major surge ahead in the Japanese currency, which is seen as an anti-risk holding.
Meanwhile, copper prices neared a record high on Thursday, a positive sign for risky assets as traders digested upbeat economic data from China and awaited the U.S. inflation figures.
Token Events
* 12:00 AM GMT (7:00 AM ET): U.S. PPI for July
* 12:00 AM GMT (7:00 AM ET): Univ. of Michigan consumer confidence
* 9:00 AM GMT (4:00 AM ET): Token unlocks
* 10:00 AM GMT (5:00 AM ET): Canada CPI
* 11:00 AM GMT (6:00 AM ET): Germany CPI
* 12:00 PM GMT (7:00 AM ET): Spain CPI
* 1:00 PM GMT (7:00 AM ET): France CPI
* 2:00 PM GMT (8:00 AM ET): Italy CPI
* 3:00 PM GMT (9:00 AM ET): EU CPI
* 3:30 PM GMT (9:30 AM ET): EU unemployment rate
* 3:30 PM GMT (9:30 AM ET): U.S. jobless claims
* 3:30 PM GMT (9:30 AM ET): U.S. retail sales
* 3:30 PM GMT (9:30 AM ET): U.S. core retail sales
* 3:30 PM GMT (9:30 AM ET): U.S. import prices
* 3:30 PM GMT (9:30 AM ET): U.S. export prices
* 3:30 PM GMT (9:30 AM ET): U.S. producer prices
* 3:30 PM GMT (9:30 AM يتحدث عنصر الاتحاد الأوروبي
* 3:30 PM GMT (9:30 AM ET): U.S. producer prices
* 3:30 PM GMT (9:30 AM ET): U.S. jobless claims
* 3:30 PM GMT (9:30 AM ET): U.S. retail sales
* 3:30 PM GMT (9:30 AM ET): U.S
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
-
- Metaplanet Has Taken a Bold Step in Its Bitcoin Strategy by Issuing ¥2 Billion ($13.3 Million) in Zero-Interest Bonds
- Apr 01, 2025 at 08:20 am
- Metaplanet has taken a bold step in its Bitcoin strategy by issuing ¥2 billion ($13.3 million) in zero-interest bonds, a move aimed at expanding its cryptocurrency holdings.
-
- The meme coin market has shown renewed interest in PEPE, as technical indicators reflect possible trend reversals.
- Apr 01, 2025 at 08:15 am
- Prominent analyst James Wynn shared a chart on X that has drawn attention within the crypto community. In his post, Wynn stated, “The most bullish $PEPE chart I have ever seen. Congrats to all those who survived the purge.