Last Friday, the data on the $BTC spot ETF is something my friends should already have an idea about. The escalation of conflict has brought about an increase in market uncertainty, and the rise in oil prices has also led investors to lower their risk appetite. Not to mention today, predictions on Friday indicated that the market's probability of a U.S. recession and interest rate hikes had increased, leaving investor sentiment in a mess. And the one responsible for this unwarranted disaster, Trump, is still talking.
In the recently concluded 115th week, U.S. investors experienced a net outflow of 4,535 Bitcoins, which is quite a significant difference compared to the net outflow of 1,074 in the 114th week. Although there were war situations in the 113th and 114th weeks, the market still believed that Trump could control the war and prevent it from escalating. However, now the conflict in Iran has lasted a month, showing no signs of stopping and only getting worse.
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