📰 What you need to know this Thursday, April 10
📤 Outflows of $127.12M are recorded from BTC ETFs.
The largest outflow was in Blackrock's IBIT ETF with an amount of $89.71M, while the ETH ETF had outflows of $11.19M.
🇺🇸🇨🇳🇮🇳 While D. Trump paused the trade war for 90 days, China calls on India to join forces against the U.S.
"The two largest developing countries must stay united to overcome difficulties," wrote Yu Jing, spokesperson for the Chinese Embassy in India.
🇺🇸 Paul Atkins is confirmed by the U.S. Senate as the new chairman of the Securities and Exchange Commission.
Atkins stated that establishing a regulatory framework for cryptocurrencies will be a main priority.
🐳 Capital outflow from ETFs shows that institutions still do not understand Bitcoin.
Investors in ETFs are selling on negative news and buying on positive news, while whales continue their accumulation of BTC.
⚠️ In the last 24 hours, 131,119 traders were liquidated, and the total liquidations reached $468.02 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT for a value of $3.33M.