● Goldman Sachs: Powell may cut interest rates for the first time at the June FOMC meeting
Goldman Sachs said that Powell and the vast majority of committee members strongly believe not to delay the rate cut for too long and are targeting the June FOMC meeting for the first rate cut, Goldman Sachs reported. .
● On March 21, Bitcoin spot ETF had a net outflow of approximately US$295 million.
According to Odaily Planet Daily, according to Lookonchain data, 9 Bitcoin spot ETFs reduced their holdings of 4,413 BTC on March 21, with a net outflow of approximately US$295 million.
● Fidelity FBTC’s net fund inflow hit a single-day record low
According to Odaily Planet Daily, monitoring by Farside Investors showed that Fidelity FBTC had a net inflow of US$2.9 million yesterday, setting a record for the lowest inflow in a single day.
● CoinShares director: U.S. Bitcoin spot ETF net outflows have reached $749 million so far this week
According to the Odaily Planet Daily report, CoinShares director James Butterfill posted on the X platform that so far this week, the total net outflow of U.S. Bitcoin spot ETFs has reached $749 million.
● 10x Research: ETF inflows are lower than expected, which may indicate that the Bitcoin sell-off has just begun
According to BlockBeats, 10x Reaearch founder Markus Thielen said that recent inflows into Fidelity and BlackRock’s Bitcoin spot ETFs have been lower than expected, which may indicate that the Bitcoin sell-off has just begun.
● Has Bitcoin price bottomed? Analyst Willy Woo analyzes the market outlook
According to CryptoPotato, well-known price analyst Willy Woo believes that the sharp correction in Bitcoin (BTC) prices after hitting a new all-time high last week may have bottomed out.
Willy Woo analyzes the “good news” and “bad news” for Bitcoin’s fundamentals and compares the asset’s recent consolidation to past bull cycles.
● Ark Invest sold approximately 199,526 COIN shares worth approximately $52.2758 million
Cathie Wood’s Ark Invest sold a total of 199,526 COIN shares yesterday, PANews reported. Among them, ARKK sold 133,533 shares; ARKW sold 59,215 shares; ARKF sold 6,778 shares. Based on yesterday's closing price of approximately US$262 per share, the total value is approximately US$52.2758 million.
