Donald Trump announced a promised list of trade duties, stablecoin legislation advanced in the U.S., the Ethereum network regained the lead in trading volume on the DEX and other events of the past week.

Ethereum whales went bargain hunting, buying up $60M worth of ETH as prices crashed to 2023 levels in a show of long-term confidence.

In the ongoing tariff war between the United States and other countries, the cryptocurrency market has significantly plummeted. Amid this, Ethereum (ETH), the second-largest cryptocurrency, is on the verge of a major crash.

Strategy Inc. (CRYPTO: MSTR) on Monday revealed $5.91 billion in unrealized losses on its Bitcoin (CRYPTO: BTC) holdings for the first quarter of 2025, according to a recent filing with the U.S. Securities and Exchange Commission. The sharp downturn comes amid heightened macroeconomic uncertainty and a broader sell-off across digital assets and equities.

Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs.However, the SPX momentarily rallied by 6% after a rumor began to spread on X that US President Donald Trump was contemplating a 90-day tariff pause.

TL;DR Bitcoin mining stocks like MARA, RIOT, and CLSK dropped more than 10% due to regulatory pressure and record-level competition. New U.S. tariffs are driving up the cost of mining equipment imported from China, increasing operational expenses after the halving. Bitcoin's computing power reached 1 ZH/s and hashprice fell to $42.40, drastically reducing profit margins.

ETH just dropped below $1,550 as the market panics over global tariffs. Can it bounce back, or is a fall to $1,200 or even $1,000 coming soon?

Bitcoin stabilises around key support levels, SPX leads altcoin gains.

Bitcoin (CRYPTO: BTC) critic Peter Schiff has resurfaced with a fresh round of criticism, targeting both Ethereum (CRYPTO: ETH) and Donald Trump's economic policies as markets are reeling from a steep sell-off. What Happened: In an X post on Monday, Schiff pointed out that Ethereum had dropped below $1,500 for the first time in over two years, briefly touching the $1,400 range.

Bitcoin bull and former BitMEX CEO Arthur Hayes has shared that Bitcoin's dominance in the cryptocurrency market will continue to rise. Hayes revealed in a recent tweet that he has been avoiding altcoin investments despite their decreasing prices.

A notable shift in investor sentiment has led to $172.89 million in net outflows from the 12 Spot Bitcoin ETFs in the U.S., abruptly ending a two-week streak of inflows that had amassed nearly $941 million. Grayscale's GBTC was the primary driver of this reversal, accounting for $95.5 million of the outflows over the past week. The post Bitcoin ETFs Record $172 Million in Weekly Outflows after a Two-Week Inflow Streak appeared first on Cryptonews.

All eyes are on the tariff-addled traditional markets today — most notably, people are watching to see whether bitcoin will show (as it did on Friday) signs that it might perform as a hedge against global uncertainty.

Crypto markets have lost $1 trillion due to tariff fears, Binance's report reveals.

The alleged scammer behind the ZKasino rug pull has reportedly lost over $27 million in a high-risk Ethereum trade as crypto market turbulence continues to catch overleveraged traders. On April 7, blockchain analytics platform Onchain Lens revealed that the scammer had exited a 20x leveraged long position on ETH using the Hyperliquid trading platform.

According to the data revealed by the @lookonchain analytics account on the X social network, today, on April 7, spot Bitcoin exchange-traded funds have faces substantial outflows, losing more than $150 million.

An attacker who stole more than $40 million through fraudulent project ZKasino liquidated a long position in Ethereum (ETH) with 20x leverage on Hyperliquid.

Ethereum faced heightened selling pressure for a lengthy period due to the volatility in the broader crypto market, causing its price to undergo a sharp pullback close to the $1,400 mark.

Ethereum (ETH), the second-ranked cryptocurrency by market capitalization, has been facing bearish pressure as its price plummets. ETH crashed below the critical support levels of $1,700 and $1,600 as the market continued to experience pressure from the trade tariff fallout.

TL;DR Despite the sharp downturn in stock markets, Bitcoin showed resilience by ending the week with just a 0.65% decline. Bitfinex suggests that as macroeconomic volatility begins to cool down, Bitcoin may begin to decouple from traditional equity indices.

If you have been keeping an eye on the XRP-to-Bitcoin pair lately, today's daily candle might feel like the moment things started to settle into place.

The company said it may not be able to rely on its analytics software business to fulfill its financial obligations.

A false report claiming the Trump administration was preparing a 90-day pause on tariffs triggered a wave of volatility across U.S. equity and crypto markets on Monday. What Happened: The confusion began when an unverified post on X suggesting a temporary tariff halt made its way to CNBC's headline feed without confirmation.

Bloomberg Intelligence's senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency. Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto's vulnerabilities amid turbulent macroeconomic crosscurrents.

Traders rushed to protect leveraged bets on protocols like Sky as ether dropped to FTX-bear market levels and macro factors weighed heavy on crypto markets.

Block Inc. CEO Jack Dorsey said Bitcoin would fail if only used as a store of value on the “Presidio Bitcoin” podcast episode. Bitcoin maximalists don't agree with Jack Dorsey as Bitcoin being a store of value can position it as an alternative to devaluing fiat currencies.

The DHS is being sued in the name of finding out the identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

Bitcoin critic Peter Schiff has revealed grim predictions for the Ethereum price, tipping the second-largest cryptocurrency to see new lows. Schiff says the broader selloff affecting Ethereum will worsen in the coming days and can push prices below $1,000 Peter Schiff Sees Ethereum Price Tumbling Below $1,000 As the market reels from the bloodbath over

Meanwhile, bitcoin traded sideways, hovering around $78,000 after falling below $80,000 Sunday evening.

BTC shot up above $81,000 but retraced almost immediately.

TL;DR Strategy halted its BTC purchases after a market-wide drop, despite being the largest publicly traded corporate holder of BTC. Between March 31 and April 6, Bitcoin surpassed $87,000 before falling below $79,000 amid high volatility. The company reported an unrealized loss of $5.91 billion, partially offset by an estimated tax benefit of $1.69 billion.

U.S. President Donald Trump escalated trade tensions with China on Sunday, issuing an ultimatum over newly announced Chinese tariffs. In a statement on Truth Social, Trump warned that unless Beijing retracts its additional 34% tariff increase by April 8, the U.S. will respond with a 50% tariff hike effective April 9.

After falling below $75,000, Bitcoin is struggling as global markets panic over new tariffs. Will it drop to $60,000 next, or bounce back?

Global financial markets faced severe turmoil this week as escalating U.S.-China trade tensions triggered panic selling across equities and cryptocurrencies, according to an April 7 analysis by QCP Capital.

Bitcoin is alive and kicking, spewing out impressive hashrate numbers like never before. Bitcoin's network processing power has reached an unprecedented 1 Zetahash per second (ZH/s), marking a major milestone in the cryptocurrency's 16-year history.

Bitcoin price has surged for a short period of time above the $80,000 level after posting a minimal gain in the last hour. The rebound follows a sudden drop that saw BTC drop to as low as $74,000 in the last 24 hours.

The global cryptocurrency market shed over the weekend $300 billion in value, plunging from $2.75 trillion to as low as $2.35 trillion following the announcement of President Donald Trump's sweeping global tariffs.

Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position.Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, the company disclosed on April 7. The zero-interest bonds were issued in March through Metaplanet's Evo Fund and used to acquire additional Bitcoin (BTC).

Markets surged, then plunged after news reports mischaracterized a White House advisor's interview—and X accounts spread it far and wide.

Bitcoin holders are facing renewed pressure following US President Donald Trump's trade tariff announcement, which sent shockwaves through global financial markets, including cryptocurrencies.However, with Bitcoin (BTC) hodlers now under pressure, some community members, including BitMEX co-founder Arthur Hayes, are not missing a chance to buy BTC at a discount. “Been nibbling on BTC all day, and shall continue,” Hayes wrote on X on April 7 as the Bitcoin price hovered around $75,000.

The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.

Bitcoin and most altcoin prices continued their strong downtrend on Monday as market participants braced for a recession.

Eric Trump, son of the sitting United States president, made a relatively unexpected endorsement of Ethereum (ETH) back on February 3. The executive vice president of the Trump Organization did so by means of a post on X.

Whales seem to be moving away from the first altcoin as well.

As Bitcoin (BTC) struggles to reclaim its all-time high after a price crash below the critical $80,000 mark, concerns about the cryptocurrency's future outlook have intensified. Ki Young Ju, the founder and Chief Executive Officer (CEO) of CryptoQuant, has stepped forward with an on-chain backed explanation, arguing that the Bitcoin bull market has officially ended.

Bitcoin (BTC) fell below $75,000 on April 6, pressured by traditional markets as S&P 500 futures hit their lowest levels since January 2024. The initial panic also caused WTI oil futures to drop below $60 for the first time in four years.

Some market observers have considered Bitcoin's first quarter performance underwhelming, as the asset failed to sustain momentum at previous ATHs.

A Hyperliquid whale places a bold $70.3M Ethereum long with 20x leverage amid market turmoil, defying widespread liquidations and showcasing high-stakes trading during Ethereum's steep price decline. The post Hyperliquid Crypto Whale Bets $70.3 Million on Ethereum Long Amid Market Slump appeared first on Cryptonews.

Ethereum has dropped by 15.2% in the past 24 hours and currently sits at $1,497 per token as President Donald Trump's tariff announcement triggered a dramatic sell-off across all asset classes.