📰 What you need to know this Wednesday, April 23
📥 Inflows of $936.43M to BTC ETFs are recorded.
The highest inflow was in the ARK ETF by ARK 21Shares with an amount of $267.10M, while the ETH ETF had inflows of $38.74M.
🔥 Bitcoin has become the 5th largest asset in the world with a market capitalization of $1.86 trillion, surpassing Google, amid a 7% rise in the cryptocurrency market and renewed investor confidence.
🤝 Cantor Fitzgerald, Tether, and SoftBank are forming a $3 billion company to invest in Bitcoin.
This reflects Strategy's transformation into a significant holder of cryptocurrencies, according to the Financial Times.
🌎 The IMF has lowered its global growth forecast for 2025 to 2.8%, the slowest since the pandemic.
Warning that it could fall even further due to rising tariffs from Trump and a potential global trade war.
⚠️ In the last 24 hours, 174,586 traders were liquidated, and the total liquidations reached $633.24 million.
The largest individual liquidation order occurred on Binance - ETHUSDT for a value of $4.33M.