#MarketRebound ✔️Tariffs Against China Will Decrease
President Trump stated that tariffs on China will be significantly reduced, and he will not play hardball. Trump also added that he does not intend to fire the head of the Federal Reserve, Jerome Powell, particularly after news began to emerge regarding the decline in confidence in the US economy.
🔼In the last 24 hours, the US stock market regained $1.5 trillion, while Bitcoin broke the $93.9 thousand level.
⚠️Recent data shows that over $670 million was liquidated in the crypto market overnight. Of course, most of the liquidations were in Shorts.
↗️Yesterday, capital inflow into Bitcoin ETFs was $912 million, while the day before that, this amount reached $381 million. Capital from institutional investors is returning to Bitcoin.