Bitcoin Steady Amidst Trump’s Trade War Impact on Markets
- Bitcoin’s price remains stable at $82,876 despite market turmoil.
- The S&P 500 experienced its worst day since June 2020.
- Bitcoin ETFs saw $165 million in outflows over the week.
- Grayscale launched two new Bitcoin ETF products.
- Tether purchased 8,888 Bitcoins for approximately $735 million in Q1.
Despite President Trump’s trade war impacting U.S. equities and the dollar, Bitcoin holds steady at $82,876. Grayscale expanded its ETF offerings, while Tether increased its Bitcoin holdings significantly.
Source (2.6)https://decrypt.co/313375/this-week-bitcoin-steady-trump-trade-war?rand=52368