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At Close: Aug 04, 2026
U.S. President Donald Trump and Chinese President Xi Jinping met in South Korea this week to cool down the rising trade tensions that have been shaking global markets, including the crypto and AI sect
Bitcoin (BTC) extended its decline this week, slipping below the key $110,000 mark as investor conviction weakened amid shifting market conditions.
U.S. spot Bitcoin exchange-traded funds returned to net outflows on Wednesday as investors took profits and repositioned themselves ahead of Fed Chair Jerome Powell's speech. According to data from So
Trump reportedly said that he would cut reciprocal tariffs from 20% to 10%, and that he settled rare earth-related issues with China.
US President Donald Trump reduced tariffs on China after a meeting with President Xi Jinping, triggering a much-needed rebound in Bitcoin and the broader crypto market. President Trump quoted his meet
SpaceX has moved 281 Bitcoin (BTC), worth about $31.28 million, to a new wallet, marking its third major transfer in under two weeks.
On October 29, U.S. crypto ETFs saw heavy withdrawals. Data from SoSoValue shows Bitcoin funds lost around $470.71 million, while Ethereum ETFs recorded outflows of $81.44 million.
Bitcoin's price steadied near $112,500 this week as traders braced for the Federal Reserve's October policy meeting — one that could shape global markets for the rest of 2025. With the U.S. governme
Bitcoin tumbled 3.5% to $108,000 as traders soured on risk assets after Powell's cautious Fed remarks and vague outcomes from the Trump–Xi summit, while gold rallied 1.5% in a flight to safety.
Spot Bitcoin ETFs recorded their largest day of outflows in two weeks as the Federal Reserve cut rates, leading to a choppy day for US markets.

Bitcoin ETFs Record Disastrous Outlfows

02:16am, Thursday, 30'th Oct 2025
According to the data provided by SoSoValue, Bitcoin exchange-traded funds (ETFs) recorded a total of $471 million worth of outflows on Oct. 29.
Despite recent interest rate cuts by the Federal Reserve on Wednesday, Bitcoin's price reacted unexpectedly, declining when many anticipated a rise. However, market analyst Crypto Birb has identified
Global events could be setting the pace for Bitcoin's renewed rally.
The POTUS said the meeting between the two superpowers was a 12 out of 10.
On Thursday, a crucial summit between US President Donald Trump and Chinese President Xi Jinping concluded in Busan, South Korea. Initially, the lack of an immediate joint press conference spooked mar
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