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Weekly Recap Research

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Trump Shifts Bitcoin Shock Market Moves Strong Every Time There Are “Signals” From Politics

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Bitcoin is no longer driven by economic factors alone, but is clearly responding to the “words” of political leaders, with the latest data suggesting that whenever Donald Trump comes out with an opinion, be it crypto policy, stance towards the economy or geopolitical issues, Bitcoin prices tend to fluctuate in the range of around 5-12% within a short period of time, reflecting how the market is focusing on narrative and sentiment more than ever

This characteristic movement has been repeated many times in the past and is likely to recur in the short term, especially during periods when the market lacks clear guiding factors, making “words” quickly become price direction accelerators. For investors, this is not just a matter of news, but it is a sign that needs to be watched, because in a market driven by confidence, the movements of only one leader can change. Directing the entire market in a matter of hours

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Bitcoin stagnates above first “Korean stock” in a year. The picture of volatile assets begins to change

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Bitcoin is creating a new picture in the financial market after recent data suggests that Bitcoin's 30-day volatility is about 42% below South Korea's KOSPI index of about 51%, a major shift in outlook, as Bitcoin has historically been seen as a clearly more volatile asset than the stock market.

The key factors that have made Bitcoin more stable come from the influx of institutional funds through Spot ETFs and the growing market structure, making the trading force more systematic, while the Korean stock market has been more affected by energy and global economic volatility. Reflecting that, at some point, Bitcoin began to be seen as a “stagnant” asset and played a similar role. Core assets rather than traditional speculative assets

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Top Net flows

April 12 — 19, 2026, on-chain cash flows have changed quite sharply, with Arbitrum having inflows of about $80—90 million and Ethereum around $60—70 million, regaining the lead on the receiving side after earlier downsizing, while OP Mainnet still has inflows of around $20—30 million, reflecting the return of the Layer 2 narrative again. On the other hand, Hyperliquid returned to the heaviest sell-off around $80—100 million, followed by Starknet and BNB Chain with tens of millions of dollars in cash outflows, suggesting that speculation in the trading infrastructure sector is beginning to slow down.

This picture is in line with a real-world market context that has started to focus more on core assets. After the previous period, there was a decline in niche segments such as AI and derivative platforms, coupled with a boost from Bitcoin ETFs that resumed inflows in early April, causing overall sentiment to stall and capital to flow back into a more stable ecosystem. The simple conclusion is that the market is not. There is a significant inflow of new money, but it is “relocating money back” from risky to something that looks safer in the eyes of investors.

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Fear & Greed Index

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The Crypto Fear & Greed Index is one of the tools used to assess the outlook and sentiment of the crypto market, referring to scores ranging from 0 to 100 (0 stands for Extreme Fear or Extreme Fear and 100 stands for Extreme Greed).

The crypto market began to show signs of a gradual recovery, with the Fear & Greed index rising from around 13—15 at the beginning of the week to around 22—26 in the middle of the week, reflecting the easing of sentiment pressure as Bitcoin moved up from around $71,000 to near $75,000—78,000 in The same period represents the return of some purchasing power, especially after liquidity pressures in the previous period began to subside.

However, despite the improvement in the sentiment index, it remains at a cautious neutral level, reflecting that investors have not yet returned to full exposure to risk. The market outlook therefore remains a technical recovery under the constraints of macroeconomic factors, both in monetary policy and global economic uncertainty, which remains a key variable in the direction of Digital assets in the next phase

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Bitcoin ETF Flow

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The cash flow in the Bitcoin ETF has been volatile but is starting to see a significant rebound. On April 13, there was a net outflow of about $291 million, before a rapid recovery on April 14, with inflows of around $411 million and continuing through April 17, with inflows reaching around $663.9 million, one of the highs of the near period. The side reflected a return of sentiment from institutional investors after an early month facing continued sell-off.

However, after such buying forces, the market began to slow down, with inflows on April 15 at around $186 million, before dropping to just $26.1 million on April 16. Reflecting a more cyclical buying behavior than continuous accumulation, the overall picture suggests that the market is still in a cautious recovery period, despite a boost from capital flows. But it also lacks enough continuity to confirm a clear uptrend in the short term.

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Ethereum ETF Flow

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The cash flow in the Ethereum ETF began to show signs of recovery after a weak start to the month. On April 13, there was a net inflow of about $9.5 million, before accelerating on April 14 and 15, to around $53.1 million and $67.9 million, respectively, and continuing through April 17, with inflows reaching around $127.4 million. The buying force returned to the secondary asset, after previously being steadily downgraded versus Bitcoin.

However, despite some recovery, the overall picture is still in a discontinuous move, with inflows of only about $18 million on April 16, and there are still some days prior to April 13 where buying power is still limited. Reflecting that investors are still opting to buy on a cyclical basis rather than long-term accumulation, the overall picture indicates that Ethereum is still in a bullish range. The technical recovery is under caution, and it also needs additional support to confirm the uptrend in the next phase.

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Important news:

Bhutan transfers 250 BTC, 2026 outflows surpass $240 million  

Bitcoin Faces Short-Term Pressure From Tight Liquidity  

Bitcoin Buying Strategy Raises 34,164 BTC Worth $2.54 Billion

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Source:

https://www.coindesk.com/markets/2026/04/21/bitcoin-reclaims-usd75-000-as-iran-ceasefire-talks-advance-equities-rally-resumes

https://www.coindesk.com/markets/2026/04/20/u-s-iran-ceasefire-ends-tesla-earnings-crypto-week-ahead

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Note: This analysis is provided every Monday, so some articles may have data discrepancies.

Nota: Questo analisi è situato ogni monday, quindi alcuni parti del articolo possono contengono informazioni inaccurati

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WARNING: CRYPTOCURRENCIES AND DIGITAL TOKENS ARE HIGHLY RISKY. YOU MAY LOSE YOUR ENTIRE INVESTMENT. PLEASE STUDY AND INVEST ACCORDING TO THE ACCEPTABLE LEVEL OF RISK.

Thank you for following.

J.P. Daniel