Yesterday the US Bitcoin Spot ETF saw a net outflow of $64.9 million & the US Ethereum Spot ETF saw a net inflow of $2.1 million🕯

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Bitunix analyst: Powell releases a hawkish signal, market liquidity is expected to decrease, BTC may test $80,000 again 💸

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FTX will dismiss about $2.5 billion in claims related to identity verification errors

FTX said that about $2.5 billion in customer claims were canceled because nearly 400,000 users failed to complete identity verification (KYC) by March 3. According to the documents of the Delaware Bankruptcy Court on April 2, 392,000 claims have been completely dismissed and deleted, involving up to 2,377 pages.

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Morgan Stanley predicts that Apple's supply chain will be hit hard by tariffs, and mobile phone prices may soar 📊

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🗞 April 5, 2025 cryptocurrency news highlights

【Cryptocurrency】
The USDC Treasury has burned 50 million USDC on the Ethereum blockchain, with a total of approximately 150 million USDC burned today.💣

【Economy】
Morgan Stanley predicts that Apple's supply chain will be hit hard by tariffs, and mobile phone prices may soar 📊

【Indicators】
Bitunix analyst: Powell releases a hawkish signal, market liquidity is expected to decrease, BTC may test $80,000 again 💸

【More】
💰 Tether CEO Calls for New U.S. Stablecoin Amid Legal Woes

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A whale has undelegated 10,321 ETH and deposited it into Binance, equivalent to around $18.46 million.🤕

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⤴️ JPMorgan Raises Recession Risk to 60% Amid Trade Tensions

JPMorgan has increased the probability of a U.S. recession to 60% by 2025 due to President Trump's new tariffs, which are seen as a significant economic shock. The tariffs could raise taxes on U.S. consumers and businesses, leading to declines in stock markets and greater economic uncertainty.

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Musk's net worth has decreased by $130 billion this year, making him the biggest loser among the top 10 richest people in the world, with Buffett being the only gainer.😲

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Ethereum Drops Below $1800

According to HTX market data, Ethereum dropped below $1800, with a 24-hour decrease of 0.52%.

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Bitcoin Volatility Decreases for 7 Consecutive Days, Now Back at 2.52%

According to Coinglass data, Bitcoin's volatility has been declining for 7 consecutive days and has now fallen to 2.52%.

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The US stock market lost $1.1 trillion in value over 44 trading days, roughly equivalent to 38% of the US GDP.

According to The Kobeissi Letter, the US stock market lost $11.1 trillion in value over 44 trading days, roughly equivalent to 38% of the US GDP.

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🗞 April 6, 2025 cryptocurrency news highlights

【Cryptocurrency】
⤴️ JPMorgan Raises Recession Risk to 60% Amid Trade Tensions

【Economy】
The US stock market lost $1.1 trillion in value over 44 trading days, roughly equivalent to 38% of the US GDP.

【Indicators】
Bitcoin Volatility Decreases for 7 Consecutive Days, Now Back at 2.52%

【More】
Musk's net worth has decreased by $130 billion this year, making him the biggest loser among the top 10 richest people in the world, with Buffett being the only gainer.😲

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A whale transferred another 5.385 million FORM to CEX, and a total of 9.385 million FORM has been transferred today💃

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💰 Bitcoin dropped under $80K due to rising U.S.–China trade tensions. Analysts note gold’s strength could hint at a BTC rebound, but short-term pressure remains.

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🚨 Bitcoin further dropped to $78.6K, down 27% from its $107K peak. The decline is driven by investor fear, institutional outflows, market liquidations, and macroeconomic concerns—especially Trump’s tariff policies. Technical indicators suggest more downside ahead.

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Trump on Market Crash: "Sometimes You Have to Take the Medicine" 💊

President Trump responded to the recent financial market crash by saying the downturn is a necessary correction, likening it to taking medicine to fix underlying issues. He denied any intention to cause the sell-off and reaffirmed his focus on addressing the U.S. trade deficit with China before making any trade deals. Trump also noted recent talks with European and Asian leaders about tariffs.

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Bitcoin rebounded and broke through $79,000, now trading at $79,005 & Ethereum has rebounded and broken through $1600, now trading at $1603.💰🔹

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Bitcoin dropped below $78,000 with a 24-hour decrease of 6.42%.‼️💰

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Over $1bn was liquidated in the past 24, including over $865m in long positions, as Bitcoin saw a sharp drop from over $83,000 to below $77,000.

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