ECB's Nagel: The world economy is in a very delicate situation. There is a lot of uncertainty, we have to be cautious

🚨ECB's Nagel: We can't exclude a German recession this year

US Treasury Secretary Bessent declines to comment on WSJ story on lowering tariffs on China, but would not be surprised if they went down in a mutual way. Says finalizing a trade deal with China may take 2-3 years.

40% approve of Trump’s job performance, 59% disapprove - Pew Research

White House: There will be no unilateral reduction in tariffs against China. Trump won't give up on fair trade practices. It's not fair to say Trump is softening.

US growth expectations falling (no recession yet) while inflation expectations are rising

Turnover on Shanghai Stock Exchange and Shenzhen Stock Exchange exceeded 1 trillion yuan for fourth consecutive trading day.

Spot Bitcoin ETF daily flows vs. daily closing price (April 23, 2025)

China's Foreign Ministry: China and US have not held consultations and negotiations on tariffs.

At close, the Shanghai Composite Index was up 0.03%, the Shenzhen Component Index was down 0.58%, and the ChiNext Index was down 0.68%.

Four hours ago, whale 3ps78 deposited 1,485 BTC (~$138.83M) to Binance. The average entry price for those BTC was $73,140. If sold all at the current price, they would realize a profit of approximately $30.21M.

🚨China's Foreign Ministry: US tariff 'tsunami' disrupts WTO rules, harms people of all countries.

🚨China's Commerce Ministry: Any content about China-US economic and trade negotiations is 'groundless and has no factual basis'

🚨China's Commerce Ministry: Any negotiation needs to be conducted on the basis of mutual respect and equality.

LVRG Research's Nick Ruck: The recent inflows of Bitcoin ETF signal a renewed investor confidence in Bitcoin’s store of value proposition.

🚨LVRG Research's Nick Ruck: We could expect to see Bitcoin align with the growth of gold in the foreseeable future. [with gold over 2 standard deviations away from its 200DMA who wouldn't]

China's Commerce Ministry: If the US really wants to resolve the issue, it should lift all unilateral tariff measures against China.

The April options for Bitcoin (BTC) and Ethereum (ETH) are set to expire at 4 PM this Friday (April 25). As of now, $7.2 billion in BTC positions will have expired. The current put/call ratio stands at 0.73, with the maximum pain point at $85,000. At the current BTC price of $92,300 call option buyers would secure a huge win.

MUFG: Despite the recent volatility, gold’s record-breaking rally is far from over. Gold will continue to serve as a hedge against geopolitical and financial risks. Central bank and ETF demand will also support gold prices, especially if interest rates are cut.

🚨Since the tariff order issued on April 2, BTC has been the only major asset to float higher in positive territory.

🚨PBOC: Will conduct 600 billion yuan Medium-term Lending Facility (MLF) operation Friday, one-year term; 100 billion yuan MLF matures this month. [Buy BTC!]