The post Bitcoin Inflows to Binance Hit $1.82B Ahead of CPI Data and Tariff Pause appeared first on Coinpedia Fintech News
Bitcoin is making headlines not just for its price movement but for what’s happening behind the scenes. In the days leading up to the U.S. Consumer Price Index (CPI) release on April 10, crypto investors have moved a huge amount of Bitcoin over 22,000 BTC worth $1.82 billion into Binance. According to CryptoQuant’s Maarten Regterschot, this sharp increase hints at investors repositioning due to macro uncertainty, particularly surrounding Donald Trump’s tariff policy and the inflation outlook.
Why Are People Moving Their BTC to Binance?
This spike in inflows often triggers alarm bells, as traders typically move crypto onto exchanges when they’re preparing to sell. With Bitcoin recently bouncing up 8.8% to around $82,474 after Trump’s 90-day pause on new tariffs (excluding China), some fear the market could be heading for a pullback. On the flip side, Swyftx analyst Pav Hundal notes this might not be bearish at all. He says the movement could simply reflect Binance preparing for higher trading volume rather than an incoming sell-off.
Trump’s Tariff Pause Eases Pressure—For Now
On April 9, Trump temporarily eased tensions by pausing his “reciprocal tariffs” policy, keeping tariffs at 10% for most countries but bumping China’s rate to 125%. While the move provided short-term relief and boosted Bitcoin’s price, the unresolved trade dispute between the U.S. and China still casts a long shadow over the market. Hundal warns that lingering geopolitical stress could continue to unsettle risk assets like crypto.
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All Eyes on CPI Data
Market sentiment now hinges on inflation numbers. Some analysts, like Matthew Hyland, believe the March CPI could show a dramatic drop, possibly near 2.5%, which might fuel a Bitcoin rally. Another analyst, Dyme, expects BTC to rise if the CPI comes in lower than forecast. However, FactSet data suggests a more modest view, with economists predicting just a 0.1% monthly increase.
As Bitcoin pours into Binance, the crypto market is at a critical juncture. Whether this is a sign of incoming profit-taking or a bullish reshuffle ahead of CPI data remains to be seen. One thing’s for sure: macro moves are once again setting the tone for Bitcoin’s next chapter.
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