Economic tensions are still putting pressure on the crypto market. Tariffs introduced by the Trump administration have led declines in many altcoins, including Ethereum, which is currently struggling and trading in a bearish zone. Analysts predict Ethereum's price may stay within a narrow range if these economic conditions continue.
"The most bullish 8% drawdown I've ever seen," said Grayscale's Zach Pandl on bitcoin's performance since Liberation Day.
Cryptocurrency markets are down on Tuesday, amid the White House announcing a 104% tariff on Chinese goods, further intensifying fears of a global trade war. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,817.60 -2.1% Ethereum (CRYPTO: ETH) $1,465.08 -5.6% Solana (CRYPTO: SOL) $105.02 -0.9% XRP (CRYPTO: XRP) $1.83 -3.3% Dogecoin (CRYPTO: DOGE) $0.1441 -2% Shiba Inu (CRYPTO: SHIB) $0.00001073 -5.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 75.8% and daily active addresses growing by 16.2%.
Ether (ETH), the native token of Ethereum, is showing signs of bullish exhaustion after a steep 65% decline over the past three months. The pace of the downtrend and the oversold conditions shown by various ETH price metrics have investors wondering if a market bottom is approaching.ETH fractals point to a drop to $1,000 Ether's current price action mirrors a familiar fractal pattern seen in 2018 and 2022.
Ethereum (ETH) and Cardano (ADA) have shed their early gains in the past few hours after the White House gave China an ultimatum to remove their retaliatory tariffs or otherwise face a 104% levy.
Mutuum Finance (MUTM) has set the crypto market ablaze, smashing through $6.4 million in presale funding with Phase 4 steaming ahead towards its next price jump. Mutuum Finance is off to a good start; since the launch of presale, 392 million tokens have been purchased by more than 8,100 investors.
Bitcoin Magazine How to Watch OPNEXT on Bitcoin Magazine's Livestream Tune in April 11th and 12th to watch the livestream of OPNEXT, a developer focused conference happening this weekend at Strategy HQ. This post How to Watch OPNEXT on Bitcoin Magazine's Livestream first appeared on Bitcoin Magazine and is written by William Foxley.
According to cryptocurrency analytics firm Akrham, Strategy, the Virginia-based business intelligence firm that happens to be the biggest corporate holder of Bitcoin, is only 13% away from losing virtually all of its BTC gains.
Bitcoin correlation with stock market is relatively high, revolving around 0.8 for S&P 500 and Nasdaq composite.
Chinese goods will be subject to 104% additional tariffs beginning at midnight, the White House said.
Bitcoin's (BTC) price has dropped 5.6% over the past seven days, closing three daily candles below the $80,000 support for the first time since Nov. 9, 2024. Data from Glassnode highlighted Bitcoin witnessing a 64% rise in futures volume during the same period.
Exploring Bitcoin's recent price developments through the lens of Auction Market Theory, a market philosophy that helps explain how price moves between periods of balance and imbalance With Bitcoin (BTC) having recently broken away from a key consolidation zone, understanding
TL;DR The new 104% tariff hike imposed by the United States on Chinese products has intensified the trade conflict and triggered a sharp reaction across the markets. Bitcoin fell to $77,400 and Ethereum to $1,480, while more than $1.5 billion was liquidated in a single day.
Bitcoin (BTC) gained 3.35% in 24 hours, now trading at $79,868.38. Its market cap reached $1.58 trillion, dominating the $2.53T global crypto market.
Bitcoin and Ethereum collapse after White House confirms historic 104% tariffs on all Chinese goods.
Bitcoin Magazine BitGo and Voltage Partner to Launch Instant Bitcoin Payments via Lightning Network BitGo and Voltage have announced a strategic partnership that integrates the Lightning Network with BitGo's custody infrastructure, enabling instant and low-cost Bitcoin transactions with institutional-grade security. This post BitGo and Voltage Partner to Launch Instant Bitcoin Payments via Lightning Network first appeared on Bitcoin Magazine and is written by Nik.
On Friday, April 4, the hashrate of the first cryptocurrency network crossed the 1 ZH/s mark for the first time in history.
Bitwise chief investment officer Matt Hougan says that corporate buying of Bitcoin (BTC) is most likely about to explode.
Michael Saylor, an emblematic figure of Bitcoin, has long wielded his strategy as a banner of absolute hodl. However, a recent filing with the SEC has begun to crack this narrative.
Ethereum (ETH) is down almost 6% in the last 24 hours, intensifying a week of sharp declines. With the price below $1,500, market watchers are increasingly questioning whether ETH could fall to $1,000 in April.
Ethereum (ETH) appears bearish and is poised for a massive price crash in the coming days due to the current market sentiment and bearish price action. The past few months have been unfavorable for the overall cryptocurrency market, which has experienced a significant downward trend.
Bitcoin fell below $77K as Trumps confirmation of 104% China tariffs fueled recession fears, erased stock gains, and revived rate cut bets. The post Bitcoin drops below $77K as US confirms 104% tariffs on China appeared first on Crypto Briefing.
Ethereum price has been on a freefall this year, making it one of the worst-performing major cryptocurrencies. Ethereum (ETH) has dropped for three consecutive weeks, falling to its lowest level since March 2023.
Bitcoin's surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will take effect today at 12:01 am on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation.
Trump is waiting to hear from China before the tariffs take effect, though negotiations with the country are not being prioritized, other admin officials say.
The rise of Bitcoin in forex trading highlights a shift towards digital assets, challenging traditional fiat systems and influencing market dynamics. The post Bitcoin vs fiat in forex trading: Which one offers more advantages?
Previous crises saw the world's largest cryptocurrency tumble 50-70%, the report said.
The leading digital asset traded as high as $80K on Tuesday morning before retreating below $77K as traditional markets saw some reprieve.
If I had a nickel for every time I've heard the adage about “putting the toothpaste back in the tube” applied to the Trump tariffs experiment, I could buy
Bitcoin is struggling to reclaim the $80,000 level after a sharp and prolonged decline that has erased over 30% from its all-time high. Selling pressure continues to mount as trade war fears and macroeconomic instability rattle global financial markets.
Richard Teng, CEO of Binance, has offered his viewpoint on the implications that increasing trade tensions will have on the cryptocurrency markets. He hypothesized that while there may be short-term volatility, the Bitcoin price could possibly gain from global economic uncertainties.
Crypto and TradFi markets had a strong opening today, as Bitcoin briefly jumped 5% due to optimism about a tariff deal. China and institutional investors in the US wish to avoid a trade war if possible.
XRP's potential rise could reshape the crypto landscape, challenging Ethereum's dominance and influencing regulatory and investment trends. The post XRP could rocket over 500% and outrank Ethereum by 2028: Standard Chartered appeared first on Crypto Briefing.
BlackRock, the world's largest asset manager, has appointed Anchorage Digital Bank N.A. as an additional cryptocurrency custodian for its iShares Bitcoin Trust ETF.
Investment bank H.C. Wainwright & Co. believes Bitcoin's (CRYPTO: BTC) correction could soon run its course, suggesting that the leading cryptocurrency may establish a solid floor around the $65,000 mark within the next few weeks.
While most of the crypto market bleeds, Fartcoin (CRYPTO: FARTCOIN) is defying gravity. For the second straight day, it has posted strong double-digit gains, fueled by an unexpected surge in smart money interest and whale accumulation.
An analyst who nailed Ethereum's 2021 top at $4,800 and Solana's recent run to $295 has switched the focus to Mutuum Finance (MUTM), predicting an explosive bear market rally toward $5 for the DeFi token currently trading under $0.05. The forecast comes as MUTM's presale speeds through Phase 4, already raising $6.
Bitcoin Magazine From Coal To Crypto: Why I'm In On Bitcoin An op-ed from Junior Senator Jim Justice from West Virginia on his vision of Bitcoin's place in America. This post From Coal To Crypto: Why I'm In On Bitcoin first appeared on Bitcoin Magazine and is written by Jim Justice.
Analysts are watching for a repeat of past patterns where ETH rebounded massively after dipping below realized price.
Heartbleed was a tiny but critical flaw in the “heartbeat” extension of OpenSSL, the widely-used open source cryptography library. OpenSSL powers both Secure Sockets Layer (SSL) and Transport Layer Security (TLS) encryptions meant to protect sensitive data when using websites and other online services.
Rootstock founder Sergio Lerner sees Bitcoin layers-2s as fundamental to BTC fulfilling its purpose of being "money for the people"
Bitcoin's $75k break: Panic or tactical play?
Crypto Market Outlook: Bears Maintain Control as Key Levels Come Under Fire
Frustrated bitcoin bulls might want to zoom out as stocks gain across the globe following the days-long tariff-induced rout.
Bitcoin Magazine US Justice Dept Disbands Bitcoin And Crypto Enforcement Unit In a major shift in federal oversight of bitcoin and crypto, the U.S. Department of Justice (DOJ) has officially disbanded its National Cryptocurrency Enforcement Team (NCET), a specialized unit created under the Biden administration to investigate and prosecute criminal activity involving bitcoin and crypto.
Cboe Digital has officially launched a new Bitcoin futures product, aimed at enriching the range of financial instruments available to institutional investors in the U.S. market. This is a strategic move designed to consolidate the platform's position within the regulated crypto sector, at a time when the demand for secure and compliant solutions from traditional financial operators is increasing.
Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC's upside. BTC/USD 1-hour chart.
TL;DR An Ethereum whale reactivated their wallet after seven years and transferred 2,000 ETH to Kraken, raising concerns about potential mass sell-offs in an already weakened market.