BlockChain News

Investors invest in Bitcoin encryption (BTC), ETHER (ETH) ETFS with price recovery

Bitcoin spot from the American list (BTC) And the fragrance (EthThe money traded on the Stock Exchange (ETFS) witnessed external flows on Wednesday even when the prices of cryptocurrencies increased after President Donald Trump announced a 90 -day stand in the definitions of most countries, with the exception of China.

Bitcoin 11 net investment funds lost $ 127.2 million on Wednesday, where investors withdrew $ 89.7 million from IBIT from Blackrock alone, according to Farside Investors data. Wednesday celebrated the fifth consecutive day of external flows, as the accumulated money lost $ 722 million during this period.

The ETHER investment funds also fell from the interest of the investor, and the nine funds witnessed a net flow of $ 11.2 million on Wednesday.

The enlarged demand can be attributed to the total economic uncertainty resulting from trade tensions and fluctuations in the United States of China in the bond markets that are likely to lead to the sale of kidney investors of all assets, including Crypto ETFS, for cash.

The markets wore sharply later on Wednesday after Trump’s announcement Stop for 90 days on the definitions For more than 75 countries that have not been decreased to its comprehensive duties that were announced a week ago. However, China, which was recently placed a revenge tariff on American goods, did not get any relief, as Trump raised the total tax on Chinese goods to 125 %.

Bitcoin, the leading cryptocurrency at the market value, increased by more than 8 % to 83,500 dollars, the original symbol of the Teh Ethereum Blockchain, ETHER, is 13 % to $ 1,770 along with greater gains in the Altcoin market, and Coindsk data. Meanwhile, the Wall Street Technology Index, on the NASDAC 100, has jumped more than 12 %, and the largest percentage of one -day percentage for decades.



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