BTC Slides to $70K Amid Bearish On-Chain Signals; Fed Rate Outlook Limits Liquidity: BTC-USD, ETH-USD, GOLD-USD Updates

Bitcoin fell into the mid-$70,000s on light, fleeting bounces as on-chain indicators flash bearish signals. The CryptoQuant Bull Score stands at 0, and Glassnode shows thin buyer base, weak spot volumes, and a demand vacuum. U.S. spot ETFs shifted from net accumulation to selling, while the Coinbase premium remains negative, and USDT expansion stalled. Prices lie below the 365-day moving average with support in the $70,000–$60,000 range. Prediction markets point to no policy change at the Federal Open Markets Committee’s April meeting, tempering near-term liquidity relief amid uncertainty over Fed independence. Ether hovered just above the low $2,000s as broader risk sentiment softened and major exchange flows remained muted. Gold rebounded toward the $5,000–$5,100 range on safe-haven buying after U.S.–Iran tensions flared, offset by softer private payroll data and reassessments of the Fed outlook. Japan’s Nikkei 225 edged down by roughly 0.3% as tech and chip stocks tracked Wall Street’s sell-off, though broader Japanese equities showed resilience.