The evolving dynamic between Bitcoin and traditional financial markets faces pressure as global investors retreat from risk assets due to escalating US trade tensions. US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced a fourth consecutive day of outflows on April 8, with over $326 million in net redemptions across products, as per data from Farside Investors. The largest sell-off was seen in BlackRock\u2019s iShares Bitcoin Trust ETF (IBIT), with over $252 million redeemed, marking the biggest daily outflow since Feb. 26. The selling pressure followed US President Donald Trump\u2019s announcement of reciprocal import tariffs on April 2, leading to a historic $5 trillion wipeout in the S&P 500 over two days. The crypto market turbulence post-tariff sell-off highlights Bitcoin\u2019s evolving relationship with traditional markets, according to Lennix Lai, global chief commercial officer at OKX exchange. While Bitcoin initially remained above the $82,000 support level, it dropped below $75,000 on April 6. The sell-off was attributed to Bitcoin\u2019s 24\/7 liquidity mechanics, making it the sole large liquid asset available for de-risking over the weekend. Despite signs of a weakening correlation between Bitcoin and equities, its price trajectory remains linked to global liquidity conditions. Analysts see the growing money supply as a key catalyst for Bitcoin\u2019s performance. Arthur Hayes, co-founder of BitMEX, underscores that Bitcoin trades based on market expectations for future fiat supply. The concept of Bitcoin as a strategic reserve asset for diversification in volatile traditional markets is gaining traction. Overall, Bitcoin’s price movement and growing conceptual influence are closely watched amid changing global financial conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"
The evolving dynamic between Bitcoin and traditional financial markets faces pressure as global investors retreat from risk assets due to escalating US trade tensions. US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced a fourth consecutive day of outflows on April 8, with over $326 million in net redemptions across products, as per data from Farside […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/97015"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=97015"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/97015\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=97015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=97015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=97015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}