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Crypto Surge: Bitcoin Ethereum Test Resistances

Crypto Market Insights: Tariff Pauses and ETF Divergences

  • The US-China tariff pause led to a 3.2% rally in the S&P.
  • Bitcoin ETF inflows show a divergence, with decreasing volumes despite high prices.
  • Larger Bitcoin holders have accumulated about 55,500 BTC since early April.
  • An internal tool indicates over 95% bullish sentiment among influencers.
  • Coinbase faces scrutiny over alleged hacks, ransom demands, and SEC investigations.

This week’s analysis highlights the crypto market’s sensitivity to macroeconomic news like tariff pauses and potential divergences in Bitcoin ETF inflows. Whale activity suggests accumulation, while influencer sentiment is overwhelmingly bullish.

Source (2.6)https://insights.santiment.net/read/bitcoin-and-ethereum-testing-resistances-this-week-in-crypto-summary-may-16-8687
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