- Pin
- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
💰 5 quality posters * each receive $10 Points
The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
⚠️ Note
- 🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
Bitcoin Spot ETF has seen net inflows for six consecutive days. What are the key observations for this week?
Inspired by Alphabet's earnings report exceeding expectations and a large-scale stock buyback plan, tech stocks led the rally, and the US stock market rose across the board on Friday (4/25). As cryptocurrency prices rebounded across the board, US Spot Bitcoin ETF saw net inflows for six consecutive days, attracting $3 billion last week. The Spot Ethereum ETF also recorded its first weekly net inflow since February.
Bitcoin Spot ETF raised 3 billion dollars last week.
With the overall rebound of cryptocurrency prices, the U.S. Spot Bitcoin ETF has seen six consecutive days of net fund inflows. According to data from SoSoValue, the Bitcoin Spot ETF absorbed over $3 billion in new funds last week. The weekly inflow level is the highest in five months and the second highest in history.
Spot Ethereum ETF also saw its first weekly net inflow since February.
Key Observations This Week
The second term of U.S. President Trump is about to reach the hundred-day mark, and investors are still looking for trading strategies to cope with his volatile policies. This week, heavyweight financial reports from Apple, Microsoft, Amazon, and Meta are set to be released. After two years of strong pumps, can the seven giants lead the stock market to continue rebounding?
Relations between the U.S. and China have recently shown signs of easing. South Korean media outlet JoongAng Ilbo earlier reported the sighting of a senior official from China's Ministry of Finance, wearing a G20 finance ministers and central bank governors meeting pass, along with accompanying personnel, entering the U.S. Department of the Treasury building. China's Finance Minister Liu Kun stated over the weekend that China will adopt more proactive and effective policies to achieve growth targets and "bring stability and momentum to the global economy." The People's Bank of China and other relevant departments will hold a press conference later on Monday.
Canada will hold an election on Monday, and Prime Minister Mark Carney ( is expected to receive strong public authorization to counter Trump.
This Wednesday, the ADP data, known as the small non-farm data, will be released, along with the PCE inflation indicator favored by the Federal Reserve. On Friday, the non-farm employment figures will be announced. Additionally, the Bank of Japan will hold a monetary policy press conference on Thursday, and the market expects that the BoJ will maintain interest rates unchanged.
This article Bitcoin Spot ETF has seen net inflows for six consecutive days. What are the key observation points this week? It first appeared on Chain News ABMedia.