Bitcoin, Ethereum, Dogecoin Flat As Trump Attacks Powell Over Rate Cuts: Investor Appetite Softening For BTC? On Chain Analytics Firm Gives Its Take On Risk-Off Sentiment

Benzinga
2025.04.18 02:10
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Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, traded flat amid President Trump's threats to remove Federal Reserve Chair Powell over rate cut delays. Bitcoin fluctuated between $83,000 and $85,000, while Ethereum peaked at $1,615.30 before falling. The market saw $126 million liquidated, with a growing Open Interest for Bitcoin suggesting potential volatility. Analyst Glassnode noted a slowdown in investor appetite despite Bitcoin's realized cap reaching an all-time high of $872 billion, indicating a risk-off sentiment in the market.