Svmuu News Darkfost posted on X platform, stating that macro headwinds continue to exert pressure on the crypto market. The latest macroeconomic data presents a more complex situation for the Federal Reserve: inflation remains stubborn, demand persists, the unemployment rate has risen again, and the non-farm payroll report shows layoffs far exceeding expectations, leading to increased uncertainty. Liquidity is tight, even affecting large institutions like Blackstone, which recently restricted investor withdrawals due to insufficient available liquidity. The Fed may continue to adopt a wait-and-see approach.
Liquidity constraints are also impacting the crypto market. Since the beginning of this year, net stablecoin inflows to exchanges have been negative overall. Most of the outflows occurred via Binance, with a current monthly net outflow of approximately $2 billion, followed closely by Bitfinex with a monthly net outflow of about $336 million. This trend has stabilized somewhat from the -$6.7 billion and -$443 million figures seen on February 15th. Meanwhile, Bitcoin is seeking stability around its current price level.