$ETH Bitcoin price reached a six-week high, with institution | Atlantis-Crypto on Binance Square

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$ETH Bitcoin price reached a six-week high, with institutional buying driving the rally and altcoins also rising in value, while Ether saw a 14 percent increase in the last 24 hours.

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-3.18%

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93,879.68

-1.10%

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#AirdropSafetyGuide The dollar drifted higher on Friday, following small losses a day earlier, as traders grappled with the outlook for the U.S. economy following President Donald Trump's erratic messaging on trade deals and Federal Reserve interference.The U.S. currency has oscillated wildly this week, starting with a 1% tumble against major peers on Monday after Trump threatened to fire Fed Chair Jerome Powell for not cutting interest rates quickly enough, only to surge 1.5% a day later as Trump said he never had any intention of replacing Powell, and mooted a de-escalation in his trade war with China.A lack of actual progress towards opening talks with Beijing, though, had the dollar drooping again later in the week. For the week overall, the dollar index - which measures the currency against six major peers - is on course for just a 0.27% rise, although that would still snap a four-week losing run.Investors are particularly in the dark about where things currently stand with China. Beijing asserted on Thursday that it has not held trade talks with Washington, although Trump repeated later in the day that direct negotiations are underway.Early on Friday, the dollar was up 0.3% at 143.08 yen, and 4% stronger at 0.8303 Swiss franc.

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#Trump100Days Asian stocks traded in a tight range as a global relief rally lost steam due to mixed signals from the Trump administration on China tariffs, with market enthusiasm curbed by doubts on a timely resolution to the US-China trade war.

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#AltcoinETFsPostponed The upcoming Ethereum upgrade, known as Pectra, aims to enhance the blockchain's efficiency, stability, and usability by introducing features such as programmable smart contracts and improved scalability for Layer-2 blockchains, with a potential completion date of April 30.

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#ArizonaBTCReserve China has exempted ethane imports from the United States from a 125% tariff imposed earlier this month. The exemption is part of a broader list of products eligible for the exemption. The move will help reduce costs for Chinese companies that rely on US ethane to make petrochemicals. The news comes as the Port of Los Angeles announced that shipping volumes will drop by a whopping 35% next week as US companies stop importing goods from China due to the tariffs.

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$BTC Coinbase is launching a new fund that aims to provide regular returns on its customers’ Bitcoin holdings. The fund, which is scheduled to launch on May 1, will aim for a net annual return of 4% to 8%, paid in Bitcoin, and will be available only to non-US institutional investors.

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