BTC Drops 3.49% Amid Volatility and Macroeconomic Shifts Despite $164.6M ETF Inflows
Bitcoin (BTCUSDT) experienced a 3.49% price decline over the past 24 hours, dropping from a 24h open of $107,739.58 to a current price of $103,980.01 on Binance. The price decrease is primarily attributed to profit-taking and heightened volatility following Bitcoin’s recent attempts to retest its all-time highs near $112,000, combined with macroeconomic uncertainty after new U.S. tariffs on China and the market’s reaction to the latest Consumer Price Index (CPI) data. Despite positive institutional inflows of $164.6 million via Bitcoin ETFs and ongoing legislative progress in the U.S. with the advancement of the GENIUS Act, trading volumes have declined, reflecting increased caution among market participants. Bitcoin’s market capitalization stands at approximately $2.13 trillion, with key resistance at $109,536–$111,000 and support at $106,000, as the market consolidates and awaits clearer directional signals.
$PAXG /USDT SKYROCKETS TO $3,600 — GOLD-BACKED RALLY INTENSIFIES! 🟡🚀
{spot}(PAXGUSDT)
$PAXG just printed a massive bullish candle on the 4H chart, exploding from $3,316 to a shocking high of $3,600 before settling at $3,452. The surge reflects strong institutional interest and a safe-haven rush amid broader market uncertainty. A close above $3,460 could confirm further upside toward the next psychological resistance.
📊 Trade Setup (Momentum Play):
• Entry Zone: $3,440 – $3,455
• Take Profit 1: $3,510
• Take Profit 2: $3,580
• Take Profit 3: $3,650
• Stop Loss: $3,390
Gold-backed tokens are in focus — and $PAXG might just lead the charge.
#PAXGUSDT #GoldCrypto #SafeHaven #BreakoutTrade #BinanceUpdate
#TrumpTariffs
According to Jinshi Data, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks.
💬 Do you think these policies will boost markets, or trigger more global volatility? How do you see this impacting crypto and broader risk assets?
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Could the Expiry of $3B Bitcoin Options Aggravate Today's Crypto Market Condition?
Approximately 28,000 Bitcoin options contracts, with a notional value of around $3 billion, are set to expire today, mirroring similar events from last week. The longs and short sellers are evenly matched, with maximum losses expected around $3,000 above current spot prices. The number of unexpired Bitcoin options contracts is highest between $110,000 and $140,000, indicating bullish speculators' confidence.
In addition, about 250,000 Ethereum contracts, with a notional value of $687 million, are also set to expire today. The combined value for today’s crypto options expiry is nearly $3.6 billion. This comes as the total market capitalization has fallen 7.4% to $3.34 trillion over the past 12 hours, with Bitcoin and Ethereum leading the losses.
GM! Here's what I'm looking at
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