Phyrex
Phyrex|May 01, 2025 19:28
The data from the BTC spot ETF on Wednesday was the first time in the past nine working days that US investors had a net outflow, but the outflow was not high, just over 200 Bitcoin, and it is not incomprehensible. After all, Wednesday's GDP did scare people. Many investors still worry about an economic recession when they see the negative value of GDP. After gradually interpreting it, investors have become clear about the difference between domestic demand and imports, and the resilience of the US economy is still good. Therefore, the market began to rebound in the early morning. Despite this, BlackRock's investors continued to buy, continuing for 12 consecutive business days. The total net outflow of price sensitive Fidelity and ARK users did not exceed 3000 BTC, and investor sentiment remained very stable. Moreover, Grayscale had almost no investors leaving this time. Next is Friday's non farm payroll data. Although the expectation of an economic recession has decreased, GDP data is only up to the end of March, and it's hard to say for April. Moreover, the GDP data cannot rule out the possibility of strong domestic demand due to tariffs, and the unemployment rate is a good indicator. Let's take a look at the unemployment rate first. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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