Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin liquidity weakens before the holiday as ETF and CME suspend trading

Bitcoin liquidity weakens before the holiday as ETF and CME suspend trading

AIcoinAIcoin2026/04/03 04:20
Show original
Bitcoin price remained around $66,600 before the holiday, as the Good Friday holiday paused CME futures and ETF market trading, leading to decreased liquidity. Although Bitcoin purchases by ETFs and corporations reached several-month highs, overall demand turned negative, major holders began net selling, and US spot demand was weak. Bitcoin price support is related to expectations of a Federal Reserve rate cut, and future US inflation data may influence market expectations for easing policy.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!