Since Ethereum has formally fallen below the crucial $1,800 support level, investors are becoming more concerned about the asset's short-term future. ETH has now broken through this psychological barrier following weeks of pressure suggesting that the bearish momentum is still in control.
TL;DR Tariff Shock Impact: President Trump's tariffs triggered a severe sell-off in Bitcoin ETFs, leading to $99.86M in net outflows as notable funds like Grayscale, Bitwise, and Fidelity experienced significant withdrawals. BlackRock's Standout: While most funds faced outflows, BlackRock's IBIT attracted $65.25M in inflows, showcasing investor confidence in its stability amid market turbulence.
The Bitcoin market continues to look somewhat flat, which could be thought of as a good thing, considering almost everything else is essentially on fire. At this point, its impressive for Bitcoin to simply be quiet in these turbulent times.
Hayes sees Trump's tariffs forcing central banks to restart money printing, and predicts this will send Bitcoin soaring to new highs.
Bitcoin is under pressure, dropping to $81K as market uncertainty rises. After hitting $88K earlier this week, it's now facing heavy selling, mirroring stock market turbulence after Trump's tariff announcement. The altcoin market has taken a $50 billion hit, with ETH, SOL, and BNB struggling while DOGE and TRX show slight recovery.
While the markets have reacted poorly to the Trump Administration's enactment of a new series of tariffs, some analysts have considered the idea of all of this being part of a master plan to secure bitcoin at lower prices for the strategic bitcoin reserve.
Welcome to the US Morning Crypto Briefing—your essential rundown of the most important developments in crypto for the day ahead.
A series of Bitcoin transfers from wallets linked to the Bhutanese government has caught the attention of cryptocurrency watchers. According to blockchain data from Arkham, addresses tied to Druk Holdings, the commercial arm of Bhutan's government, moved 419.5 Bitcoin worth approximately $34.51 million to an unidentified address on April 2.
Ethereum has experienced a challenging month and a half, with its price nearing a 17-month low at $1,802 at the time of writing. Despite this ongoing downtrend, which nearly sent ETH into a bear market, key investors have remained optimistic.
TL;DR Filing for XRP Futures: Coinbase Derivatives has submitted a CFTC self-certification application for XRP futures contracts, targeting an April 21, 2025 launch. Market Impact: The move is aimed at offering a regulated, capital-efficient way for both institutional and retail investors to gain exposure and manage risk with XRP.
Bitcoin (CRYPTO: BTC) is increasingly demonstrating a dual identity—mirroring the performance of high-growth tech stocks while simultaneously acting as a hedge against broader financial uncertainty, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. In a market note shared with Benzinga on Friday, Kendrick highlighted recent trading behavior that shows Bitcoin aligning with top technology stocks, particularly Microsoft (NASDAQ:MSFT), while also offering protection during macroeconomic stress.
There is a quiet tension in XRP's price action right now because something's about to happen — but the direction is not obvious yet. The Bollinger Bands, popular volatility indicator, are sketching out two very different possibilities, and which one plays out depends entirely on whether the weekly or daily chart takes the lead.
After a free fall, the crypto markets are trying hard to recover and sustain themselves above their respective support levels. Meanwhile, Cardano (ADA) & Ripple (XRP) prices have been gaining some strength regardless of the negative on-chain data.
Global markets are on edge as China slams the U.S. with a 34% tariff, sending shockwaves through Wall Street and crypto. Bitcoin, which had recently shown signs of recovery, climbing above $84K, took a hit as Nasdaq futures plunged further. Bitcoin slipped from $84,600 to $83,000, however the drop isn't as sharp as expected.
Standard Chartered has predicted that Bitcoin (BTC) will likely break above $88,500 this weekend following a strong performance in the tech sector.
Bitcoin recently saw a major unstaking event, long-term holders' movement, and looming Bitcoin options expirations, all contributing to potential price volatility.
Short-term value buyers emerge while long-term holders show growing conviction despite market volatility.
After months of Donald Trump nominating Paul Atkins for the SEC Chair role, the Senate committee has concluded their take. Although the banking committee has nominated him, complete senate voting is still pending.
The cryptocurrency derivatives market might see some volatility caused by the April 4 options expiry event with Bitcoin and Ethereum at the forefront. Approximately 26,000 Bitcoin options with a notional value of $2.02 billion expired, according to data.
Bitcoin's recent market behavior is drawing comparisons to high-growth tech stocks rather than to traditional safe-haven assets like gold, according to analysts at Swiss crypto bank Sygnum. The post Sygnum Bank Analysts Compare Bitcoin Price Action To Tech Stock, Not Digital Gold appeared first on Cryptonews.
Bitcoin, navigating a $2.85 trillion crypto market, faces turbulence. According to Charles Edwards of Capriole Investments, President Donald Trump announced global reciprocal trade tariffs, triggering an 8.5% single-day drop in Bitcoin's price.
US President Donald Trump's latest tariff announcements have sparked diverse reactions in the financial markets, with Bitcoin price poised for a significant surge. The crypto market is showing significant signs of resilience as traders downplay fears surrounding the tariffs.
A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.
TL;DR Tariff Turmoil Sparks Market Volatility: U.S. tariffs, including a 10% blanket rate and higher levies on China, the EU, and Japan, have triggered historic market drops, notably a 1,060-point fall in the Nasdaq 100. Bitcoin's Bullish Outlook: Arthur Hayes predicts Bitcoin will shine as a hedge against inflation—bolstered by a weakening U.S.
XRP price has been subdued by the risk aversion in financial markets, but recent developments signal an impending explosion.
Two prominent voices in crypto investing—Arthur Hayes and Dan Tapiero—are framing the latest wave of U.S. tariffs as a symptom of deeper structural issues in the global financial system, arguing that Bitcoin (CRYPTO: BTC) may stand to benefit from the resulting distortions. The comments come amid heightened trade tensions following sweeping tariff announcements by the U.S., intended to counter foreign exchange manipulation, persistent trade deficits, and sluggish domestic growth.
A British woman is grappling with the devastating loss of a fortune after mistakenly discarding her husband's flash drive, which contained Bitcoin worth approximately $3.8 million.
This innovative feature is sparking excitement among players. It blends the thrill of gaming with the fast-paced world of crypto.
Ethereum (ETH) investors continue to suffer as the price trades below $2,000 for 25 consecutive days. Although many altcoins have experienced massive rallies, Ethereum price has failed to move, and four charts accurately explain why this is the case.
XRP rebounded from the sub-$2 levels, Kraken became the latest exchange to embrace RLUSD, and more recent Ripple news in this article.
Ripple CEO Brad Garlinghouse has hinted at an exciting event set to take place in June. He confirmed the XRPL Apex 2025 event will take place in Singapore from June 10 to 12. This annual event is a major gathering for XRP Ledger enthusiasts and could have a strong impact on XRP's price.
Bitcoin (BTC) traded just mostly under $82,000 on Thursday following a strong price rejection around $88,400 late Wednesday, after President Donald Trump's announcement of new tariffs introduced significant volatility across global financial markets, including cryptocurrencies.
Coinbase has filed for XRP futures trading with the US Commodity Futures Trading Commission (CFTC). The post Coinbase Files for XRP Futures Trading appeared first on Cryptonews.
The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it's still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph. On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal” levies targeting America's key trading partners.
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Jack Dorsey, CEO of Block and former CEO of Twitter (Now X), has cautioned that Bitcoin may risk losing relevance if it remains solely a store of value.
A new report from Glassnode reveals an interesting shift in crypto investment trends. While Bitcoin struggles to maintain bullish momentum, XRP has become a hotspot for retail investors. Since 2022, active XRP wallets have surged by 490% compared to Bitcoin's modest 10% rise.
President Donald Trump's new tariffs have caused a stir in the financial market amid current sideways trading. Barely hours after the announcement, Bitcoin (BTC) and other assets recorded setbacks, lowering trader confidence.
Samson Mow, Bitcoin maximalist and CEO at the JAN3 company focused on helping nation-states to adopt BTC, has taken to the X social media network to comment on the current price surge demonstrated by the world's leading digital currency today.
Coinbase Institutional filed with the CFTC to self-certify XRP futures. XRP futures contracts will be cash-settled and margined under the symbol XRL.
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day's levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion.
Independent market sentiment tracker the “Crypto Fear & Greed Index” has moved to “Fear,” an improvement from yesterday's “Extreme Fear."
China announced retaliatory tariffs on all goods, worsening risk sentiment during European hours.
Crypto exchange Coinbase Derivatives has filed with the CFTC to launch XRP and nano XRP futures, aiming to go live on April 21.
The crypto market has been all over the place recently, and XRP is no exception. While its wallet activity took a noticeable dive, other key metrics tell a more interesting story. Overall, the market has been facing a bearish trend, with uncertainty driven by Trump's tariffs and economic turmoil. XRP has dropped to $2.
Analysts are warning the bitcoin price could be headed into a “crisis scenario"
Bitcoin slipped under $82,000 support and the Nasdaq Composite is on track for the biggest one-day percentage drop since March 2020. Stock and crypto traders are reeling from the aftermath of the U.S. President Donald Trump's Liberation Day.
Thursday, April 3, was a pretty rough day for the markets. Trade tariffs of an unprecedented scale sent shockwaves through equities, commodities and crypto markets.