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The assessment of the cryptocurrency sector oscillates on Thursday around 2.7 billions of dollars. While the Bitcoin price clings to $ 85,000, the protocols DEFI and the altcoins of layer 1 seem to attract the most traction of the day
Table of the day: Bitcoin ETF identified the sale in the market rally
According to Farside Data, the sale on Wednesday indeed ended at the positive start of the week which saw the Bitcoin ETF acquire respectively $ 1.5 million and $ 76.4 million on Monday and Tuesday.
Bitcoin Etf Flows, April 17, 2025 | Sources: Farside
Based on recent trends, Bitcoin ETF sales during price rallies have often preceded major drops. In particular, most BTC outings come from the Ibit Fund of Blackrock and the Arkb ETF of Ark Invest, both deducting more than $ 113 million.
If the sale of institutional investors based in the sophisticated United States continues on Thursday, strategic retail and medium-sized traders can hesitate to occupy upwards with high volume. This may explain why the BTC stagnates around $ 84,600 at the time of the press while high -level altcoins like Solana have reserved larger gains in the last 24 hours.
The winds-to-lower winds of the American-Chinese Tariff Trade War remain active this week while diplomatic de-escalation efforts vacillate. However, cryptographic markets seem to benefit from displaced capital this week, while American action merchants have intensified sales after Nvidia confirmed a $ 5.5 billion burden due to prices.
Crypto market performance today | Flirtatious
Coingecko data show a modest drop of 0.9% of the overall market capitalization of cryptography at 2.76 billions of dollars, which is accompanied by a sharp drop in the volume of negotiation 24 hours a day to 82.1 billion dollars, signaling consolidation and rotation.
Among the best classified assets, Solana leads the best winners with a daily increase of 6%, while Cardano and Dogecoin also display a strong advantage. Meanwhile, Ethereum’s dore performance lower than $ 1,600 resistance persists, which raises concerns concerning its long -term market shares.
President Donald Trump intensified his criticism of the president of the Federal Reserve (Fed), Jerome Powell, suggesting that he could request Powell’s dismissal following a speech in which the head of the central bank reaffirmed the legal independence of the Fed.
Speaking at the Chicago Economic Club, Powell had declared that he could not be dismissed without reason, citing statutory protections and large bipartisan support for the autonomy of the Central Bank.
Trump responds with An article on social truthCondemning the current position of the Fed on interest rates, calling Powell’s approach “a complete mess”.
He underlined the rate reductions expected by the European Central Bank as a justification for immediate action by the Fed, and said that inflation was under control. The Treasury Secretary, Scott Bessent, should start to interview candidates to succeed Powell later this year.
Despite recent judicial disputes in the United States, Binance actively provides advisory services to governments on cryptocurrency regulation and digital asset strategy. The CEO Richard Teng underlined the efforts of a stock market consulting cabinet, citing an increasing world interest and a more receptive position towards cryptographic regulations under the administration of President Donald Trump.
Following a guilt of guilt for money laundering and infringements to sanctions, Binance paid significant fines and implemented stronger compliance measures. Teng said that 25% of the company’s workforce is now focusing on regulatory membership. Countries such as Pakistan and Kyrgyzstan are currently working with Binance, which indicates continuous confidence in the expertise of the company.
Bhoutan turns to green extraction of cryptocurrency as a strategic tool to stimulate economic growth and create jobs, while approaching the country’s continuous brain. By taking advantage of its abundant hydroelectric resources, Bhutan has operated digital assets since 2019, using the product to finance government operations and public sector wages.
These efforts are managed by Druk Holding and Investments, the country’s sovereign fund, which also invests in blockchain and AI training programs to prepare citizens for digital economy roles. Plans are underway to extend the country’s hydroelectric infrastructure to support future growth in the cryptocurrency sector.