BTC Weekly Chart Analysis – April 24, 2020

Overall, the BTC-spot ETF market saw a second week of net outflows, reflecting the impact of global events on investor sentiment. Meanwhile, the introduction of the Payment Stablecoin Act by Senators Lummis and Gillibrand aims to bring regulatory clarity to the stablecoin market. In the crypto world, all eyes are on the ongoing SEC vs. Ripple case, with Ripple set to file its opposition brief by April 22. Stay tuned for more updates on these developing stories.