Looks like global market sentiment is taking a "take a deep breath" approach in the countdown to Donald Trump's "Liberation Day" tariff announcement, said Reuters’ Kevin Buckland in a Morning Bid newsletter.“Nothing has really changed: We still are no wiser as to what Trump is set to announce on Wednesday,” Buckland continued, adding:“Any expectations that there might be room for trade partners to negotiate apparently came undone with the US president's statement late on Sunday that essentially every country will be slapped with reciprocal levies.”Commenting on this trading firm, QCP Capital said that a “broad and aggressive regime could deepen recession fears and send risk assets spiraling.” QCP Capital added:“That said, political theatre often leaves room for recalibration.
Butterfill said: “Following the largest outflows on record, ETPs have seen 9 consecutive trading days of inflows.”Related: March 2025 in charts: Trump trade war hits Bitcoin, $22M in DeFi hacksCrypto market technical reboundFrom a technical perspective, the crypto market’s bounce today has occurred primarily due to its oversold relative strength index (RSI).
A softer-than-expected rollout could offer markets a brief reprieve.”Crypto investment funds flows remain positiveThe crypto market’s ongoing correction aligns with significant inflows into crypto investment products. Key takeaways:Digital asset investment products saw inflows for the second week in a row, totaling $226 million during the week ending March 28, as per CoinShares report.
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Author / Journalist: Cointelegraph by Nancy Lubale
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