Today in the crypto world, Bitcoin's value slipped to $69,000, causing other digital currencies to decline too. We haven't seen Bitcoin reach a new high above $73,777 this month. Just a few hours back, Bitcoin took a sudden dip to $69,009. Let's dive into the main events of the day.

Crypto News for March 29: The United States shared its core personal spending data, which wasn't terrible. However, there were small inflows into BlackRock and Fidelity ETFs, indicating less appetite for risk among investors. But, everyone's keeping an eye on the upcoming halving in April, which is crucial.

Bitcoin Exchange Activity: Since January 11, around 136,000 Bitcoins have been taken out of crypto exchanges, marking a significant drop in reserves. This decrease in reserves, the lowest since 2018, along with positive outlooks for 2024 and 2025, suggests a shortage in supply is on the horizon.

Approaching Bitcoin Halving: With the current mining power, Bitcoin's block reward halving is slated for April 20. Investors are finding confidence in historical data. Charles Edwards from Capriole Investments believes this halving will be unique due to various factors like institutional demand, supply squeeze from the halving, and Bitcoin's status as a solid asset.

ETF Reserves Growth: Despite modest net inflows, demand for Bitcoin through ETFs remains steady. Since their launch in January, new spot Bitcoin ETFs have accumulated over 500,000 Bitcoins, equivalent to 2.54% of the total supply. This quick accumulation hints at the potential long-term impact of ETFs on Bitcoin's price.

Other Noteworthy Events: Microsoft and OpenAI are teaming up to create a massive $100 billion Stargate AI supercomputer. Grayscale is rolling out a proof-of-stake investment fund aimed at wealthy individuals. Plus, there were updates on various fronts like the US consumption index, Yolo Investments' venture into Toncoin, and Binance's 50th Launchpool project encountering a hack.

In conclusion, as Bitcoin's value wavers and the halving approaches, the crypto landscape is witnessing shifts in exchange reserves and growing ETF reserves. With significant developments unfolding, investors are bracing for what lies ahead in this dynamic market.