Bitcoin dipped 0.3% to $83,121.50 early Friday, weighed down by a broad market selloff sparked by sweeping U.S. tariffs. President Donald Trump announced a 10% universal tariff on all imports starting April 5, 2025, along with reciprocal tariffs targeting countries with high trade barriers against U.S. products.
Crypto markets are showing signs of a rebound after a volatile week driven by U.S. tariff announcements and growing speculation around upcoming economic data and Federal Reserve rate cuts. Traders are shifting their focus from past headwinds to future catalysts, with expectations of a bitcoin (BTC) bounce in the short term.
Ethereum (ETH) continues to show weakness, struggling to maintain gains near the $2,000 level. Despite brief intraday upticks, the overall trend remains bearish.
XRP is showing renewed strength as it holds firmly above the critical $2 level and stabilizes near the 200-day EMA around $1.94. This key support zone is acting as both a technical and psychological anchor, boosting investor confidence and suggesting a potential midterm recovery.
Bitcoin is stabilizing at $84,000 after a period of erratic trading, showing signs of renewed strength as market uncertainty fades. The official announcement of long-anticipated tariffs has removed a major regulatory overhang, restoring investor confidence and reducing fears of unexpected policy shocks that had been weighing on crypto markets.
XRP has recorded a sharp 10.77% decline in wallet activity over the past week, according to a recent report by CoinMetrics. This marks the steepest drop among major altcoins, second only to Ethereum.
Bitcoins reputation as digital gold is under scrutiny again, with JPMorgan highlighting its increasing correlation with U.S. equities. The banking giant notes that Bitcoins behavior aligns more with risk assets than a safe-haven asset, especially amid rising global trade tensions and market volatility.
While the crypto market faced intense volatility, Bitcoin ETFs quietly made strategic moves that signal a deeper shift in investor sentiment. Over the past 24 hours, nearly 200,000 traders were liquidated, wiping out $567.99 million$370.27 million from long positions and $197.84 million from shorts.
Ethereum price has fallen to $1,777 with increased whale accumulation suggesting potential rally in Q2 2025 despite current bearish indicators.
Trump's new tariff policy is poised to disrupt the U.S. Bitcoin mining industry, as China—the world's biggest supplier of mining equipment—faces a steep 34% export tariff, putting pressure on American miners' ROI.
While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it's being treated more like a high-beta tech stock.
The Facilitate Lower Atmospheric Released Emissions (FLARE) Act encourages on-site energy generation. It does this by turning wasted natural gas into a useful power source for Bitcoin mining.
Bitcoin holds above $84K as Enish buys BTC, Cango pivots to mining, and CEX listings outperform Nasdaq, signaling rising institutional momentum. The post Institutional Tailwinds Build as Bitcoin Holds $84K — Enish, Cango & CEX Fuel Momentum appeared first on Cryptonews.
Bitcoin's price stability above March lows in the wake of Trump tariffs suggests seller fatigue.
In his recent tweet, Brad Garlinghouse, the chief executive officer at the Ripple blockchain heavyweight, has invited the XRP community to join him at the approaching event – XRPL Apex 2025 that is scheduled to take place in Singapore in two months and one week from now – on June 10-12.
On Thursday, U.S. spot Bitcoin ETFs faced $99.86 million in net outflows as the stock market slumped following Trump's tariff announcement. Grayscale's GBTC was hit the hardest with $60.2 million leaving, followed by Bitwise BITB with $44.19 million and Fidelity FBTC with $23.27 million.
Investors who might have heeded Eric Trump's advice and bought Bitcoin's (CRYPTO: BTC) dip have had little to rejoice, as the apex cryptocurrency has failed to chart a bullish reversal. What happened: In an X post on Feb. 25, the Executive Vice President of The Trump Organization wrote, “₿uy the dips,” using the recognizable symbol of the world's largest cryptocurrency The recommendation, which came shortly after Bitcoin fell below $90,000, elicited reactions from the who's who of the cryptocurrency industry, including Strategy Executive Chairman Michael Saylor, who called it, "The ₿est Advice.
It's exciting times for Ripple's native token XRP (XRP 2.36%), as the team celebrates the end of over four years of legal battles. The SEC is dropping its charges against many players in the crypto industry, and Ripple's leadership says that includes XRP.
Bitcoin struggles below $83,500 with mixed technical signals as market sentiment worsens, but macroeconomic factors may eventually trigger a new rally.
XRP maintains $2 support amid key developments including Ripple's stablecoin integration, SEC case updates, and upcoming Coinbase futures launch.
Coinbase plans to introduce futures contracts for Ripple's XRP token and has filed with the US Commodity Futures Trading Commission to get the green light.
While Bitcoin has retreated by 25% from its all-time high of over $109,000, an unexpected movement is emerging: whales are returning to their purchases. These large wallets, often seen as market barometers, are marking their first real return to accumulation since August 2024, according to Glassnode.
Coinbase submitted a filing with the US Commodity Futures Trading Commission (CFTC) to introduce XRP futures trading, which is expected to launch on April 21.
Is Bitcoin's growing dominance a warning — or the calm before a breakout?
Ethereum (ETH/USD) price held a crucial support range between $1,755 and $1,800 as the United States hammered global markets with trade wars on Thursday. The large-cap altcoin, with a fully diluted valuation of about $217 billion and a 24-hour average trading volume of around $15.
Early-stage investment in Bitcoin-native startups rose in 2024, even as overall funding dropped, with deals up 32% and pre-seed activity climbing 50%. The post Early-Stage Deals for Bitcoin Startups Jumped in 2024, Defying Broader Market Trends appeared first on Cryptonews.
The XRP lawsuit takes a surprising twist with a mysterious filing, featuring an emergency request to present “decisive evidence” that could potentially impact the Ripple vs SEC case's outcome. Fox Business journalist Eleanor Terrett has shed light on this filing, sparking curiosity among the XRP community.
The proposed launch date of XRP futures comes as Coinbase expands its derivatives offerings, including recent SOL and HBAR contracts.
Coinbase has filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch XRP futures contracts, with a target launch date of April 21, 2025.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.
Retail investors are showing a growing preference for XRP (XRP) over Bitcoin (BTC), according to recent on-chain data from Glassnode. The data highlights a dramatic 490% surge in XRP's quarterly average of daily active addresses.
Ethereum developers have locked in May 7, 2025, as the launch date for the network's next major upgrade, Pectra. The decision was made during a core developer call on Apr.
Scottie Pippen, who is widely considered to be one of the greatest basketball players of all time, has taken to social media to highlight the advantages of crypto amid the global tariff-induced economic turmoil.
The crypto markets were heavily consolidating ahead of Trump's Liberation Day, where new tariffs were announced on various countries. Following the event, the US markets were disrupted and faced huge consequences not seen since 2020. The US tax hike was also massive, the highest since 1968, increasing the uncertainty over the markets.
The exchange submitted a filing to the CFTC to list XRP futures.
Spot bitcoin ETFs in the U.S. saw $99.86 million leave the products on Thursday, reversing the previous day's inflows of $220.76 million.
In a bold move, the popular AI trading powerhouse, AlgosOne, has rejected a series of acquisition offers ranging from $250 to $500, from leading global investment firms and tech giants. Instead, the project leadership is doubling down, and betting big on its upcoming AIAO token launch, later this quarter, which promises to give the opportunity for lucrative returns for its early investors.
A trader and analyst who accurately predicted the crypto bottom in November of 2022 is warning that Bitcoin (BTC) may be on the verge of a downtrend. In a new video, the trader pseudonymously known as DonAlt tells 66,200 subscribers of the TechnicalRoundup YouTube channel that Bitcoin remains at high risk of plummeting in value.
In a major development for the crypto market, Coinbase Derivatives has filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. This move offers investors a regulated, capital-efficient way to trade XRP, one of the most liquid digital assets. The futures contracts are expected to go live on April 21, 2025.
XRP price is down slightly by 1.3% today, April 4, and stands at a crucial support zone between $2 and $2.10. However, a spike in volatility caused by an “odd filing” in the SEC vs.
The crypto market today has resumed its business with sentiments being unchanged over the previous day. Talking about numbers, the market cap has sunk 1.38% since yesterday to $2.65 trillion. The trading volume has taken a shot down 32.13% to $88.91 billion.
The crypto market is set to see $2.58 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.
Bitcoin's price appears to have resumed its downward trajectory after briefly recovering to the $87,000 level earlier this week. At the time of writing, Bitcoin has experienced a 5.7% decline in the past 24 hours, bringing its price significantly below recent highs.
April could be a pivotal month for the XRP price, as a crypto analyst predicts significant price swings before a potential breakout. According to the analyst, the altcoin is expected to test lower and higher ranges before experiencing a final blastoff to new highs.
The Crypto Fear and Greed Index dropped to 25 yesterday, signaling “Extreme Fear” in the cryptocurrency market. Yet, an analyst suggests that the current panic might be exaggerated, largely driven by recency bias.
BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X post.
US crypto exchange Coinbase has filed with the US Commodity Futures Trading Commission (CFTC) to launch futures contracts for Ripple's XRP token.“We're excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures — bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” stated Coinbase Institutional on April 3.
Despite a 1000-point crash on Nasdaq on Thursday, Bitcoin and altcoins are showing some resilience as crypto market investors seem to be looking past the Trump tariff developments. BTC price today is down by just 1% to $82,698 after facing strong volatility earlier this week.