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See our full XRP forecast here<\/a>.<\/p>\n Despite XRP\u2019s decline, bitcoin (BTC<\/a>) extended its winning streak to six sessions on April 24. Risk on sentiment boosted BTC demand amid hopes of a US-China trade deal. President Trump stated that negotiations had resumed despite China denying any recent discussions.<\/p>\n The Nasdaq Composite Index<\/a> rallied 2.74% on April 24, reflecting investor sentiment toward Trump\u2019s willingness to negotiate with China. However, gold<\/a> climbed 1.84%, while the US Dollar Index fell 0.67% amid mixed signals from the US and China, limiting BTC\u2019s gains.<\/p>\n Hopes for a US-China trade deal have revived demand for US BTC-spot ETFs. On April 23, net inflows totaled $917 million after inflows of $912.7 million on April 22. The BTC-spot ETF market appeared poised to extend its inflow streak to five sessions on April 24. According to Farside Investors:<\/p>\n Eric Balchunas commented:<\/p>\n \u201cETFs are on a bitcoin bender, have consumed nearly 25,000 btc in three days, IBIT alone took in $643m yesterday, #1 among all ETFs. What\u2019s really notable here is just HOW FAST the flows can go from 1st gear to 5th gear. Prob some is basis trade back in effect, that\u2019s the fast money that tends to come in and out w price.\u201d<\/p>\n<\/blockquote>\n BTC-spot ETF market flow trends remain crucial for BTC\u2019s price trajectory as investors await Bitcoin Act-related developments. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the US government acquire one million BTC over five years, with a 20-year mandatory holding period. Legislation enabling the Trump administration to buy and hold BTC could yield record highs.<\/p>\n On April 24, BTC advanced 0.28%, following Wednesday\u2019s 0.39% gain, closing at $94,010, its highest close since March 2.<\/p>\n Future performance will likely depend on:<\/p>\n [ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":" [ad_1] XRPUSD \u2013 Daily Chart \u2013 250425See our full XRP forecast here. Bitcoin Holds Gains Amid Trade Developments Despite XRP\u2019s decline, bitcoin (BTC) extended its winning streak to six sessions on April 24. Risk on sentiment boosted BTC demand amid hopes of a US-China trade deal. President Trump stated that negotiations had resumed despite China denying any recent discussions. The Nasdaq Composite Index rallied 2.74% on April 24, reflecting investor sentiment toward Trump\u2019s willingness to negotiate with China. However, gold climbed 1.84%, while the US Dollar Index fell 0.67% amid mixed signals from the US and China, limiting BTC\u2019s gains. US BTC-Spot ETF Inflows Accelerate Hopes for a US-China trade deal have revived demand for US BTC-spot ETFs. On April 23, net inflows totaled $917 million after inflows of $912.7 million on April 22. The BTC-spot ETF market appeared poised to extend its inflow streak to five sessions on April 24. According to Farside Investors: ARK 21Shares Bitcoin ETF (ARKB) saw net inflows of $97 million. Bitwise Bitcoin ETF (BITB) had net inflows of $10.2 million. Excluding pending flow data for BlackRock\u2019s (BLK) iShares Bitcoin Trust (IBIT), the US BTC-spot ETF market recorded $107.2 million in net inflows on April 24. Eric Balchunas commented: \u201cETFs are on a bitcoin bender, have consumed nearly 25,000 btc in three days, IBIT alone took in $643m yesterday, #1 among all ETFs. What\u2019s really notable here is just HOW FAST the flows can go from 1st gear to 5th gear. Prob some is basis trade back in effect, that\u2019s the fast money that tends to come in and out w price.\u201d BTC-spot ETF market flow trends remain crucial for BTC\u2019s price trajectory as investors await Bitcoin Act-related developments. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the US government acquire one million BTC over five years, with a 20-year mandatory holding period. Legislation enabling the Trump administration to buy and hold BTC could yield record highs. BTC Price Outlook: Key Catalysts Ahead On April 24, BTC advanced 0.28%, following Wednesday\u2019s 0.39% gain, closing at $94,010, its highest close since March 2. Future performance will likely depend on: Bearish Scenario: Escalating US-China trade war, Fed hawkishness, weak US data, legislative resistance, and ETF outflows. In this scenario, BTC may drop to $85,000. Bullish Scenario: Dovish Fed signals, improving US-China trade ties, upbeat data, pro-crypto legislation, and rising ETF inflows could drive BTC toward $100,000. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":44461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-44460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/44460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=44460"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/44460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/44461"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=44460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=44460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=44460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Holds Gains Amid Trade Developments<\/h2>\n
US BTC-Spot ETF Inflows Accelerate<\/h2>\n
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BTC Price Outlook: Key Catalysts Ahead<\/h2>\n
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