Wobble in Bitcoin, Ether, XRP Prices Cause Crypto Bulls and Bears to See $230M Liquidations Each

Ye Zhang called imposing fees on Layer 2s a "toxic idea" and argued that Ethereum's success depends on expansion, not short-term extraction.

Ethereum price attempted a recovery wave above the $1,880 level but failed. ETH is now trimming all gains and remains below the $1,880 resistance zone.

EY's upgrade removes waiting periods and retains privacy-enhancing features while adding near-instant finality over a simplified architecture.

Cryptocurrency analyst Benjamin Cowen is warning that a weakening stock market may cause Ethereum (ETH) to retest lower price levels. In a new strategy session, Cowen tells his 889,000 YouTube subscribers that the S&P 500 may continue to show weakness in April, which, based on historical precedence, may result in ETH also declining.

Experts warn rising hardware costs could squeeze U.S. miners, while others speculate the government may use new tariff revenues to acquire Bitcoin.

Bitcoin ( BTC) experienced a swift and pronounced decline hours after U.S. President Donald Trump unveiled new tariff measures, collapsing to an intraday floor of $82,352 by 7:15 p.m. ET.

Fidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The product is available to US citizens over 18 who reside in states where Fidelity Digital Assets supports crypto individual retirement arrangements (IRAs).

The Big Four accounting firm formerly known as Ernst & Young has changed its enterprise-focused layer 2 blockchain Nightfall to a zero-knowledge rollup design, which it says offers near-instant transaction finality on Ethereum.EY said in an April 2 announcement that Nightfall's new source code, “Nightfall_4,” simplifies the network's architecture and makes it more accessible to users than its previous optimistic rollup-based version. The move away from optimistic rollups means Nightfall users won't need to challenge potentially incorrect transactions on Ethereum and wait out the challenging period, leading to faster transaction finality.

Fidelity Investments has introduced an IRA that permits private investors to invest in cryptocurrencies under its web3-focused subsidiary, Fidelity Digital Assets.

Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader crypto space.Ether is currently 44% down year-to-date, and derivatives metrics indicate that traders are far from bullish and show little confidence in a strong recovery in the near term.

NEO Foundation denies involvement as prices dip by 35% amidst massive selling activities.

Cryptocurrency markets are surging ahead of a crucial tariff announcement by President Trump. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,692.07 +2% Ethereum (CRYPTO: ETH) $1,912.93 +0.2% Solana (CRYPTO: SOL) $131.12 +3.4% XRP (CRYPTO: XRP) $2.15 +0.8% Dogecoin (CRYPTO: DOGE) $0.1740 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001268 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 18.6% and daily active addresses growing by 4.7%.

Crypto analyst Klejdi has indicated that Ethereum's pain is far from over, with the second-largest crypto by market cap set to suffer a further downtrend. Specifically, he warned that ETH could still drop to as low as $1,400 before it finds a bottom.

Clients will also be able to include Litecoin in individual retirement accounts.

L2 are burning just 17 ETH per week, down 98% from the levels from a few months ago. The previous argument of L2 being profitable has failed, with Ethereum seeking ways to tap value from L2 apps.

The industry's leading altcoin has had a rocky start to the year.

March 2025 marks a significant turning point in the DeFi ecosystem: Ethereum regains the lead in the rankings of blockchains in terms of trading volume on DEXs, surpassing Solana for the first time since September 2024. A turnaround that occurs in a pressured market, with a notable decline in activity on Solana, particularly on its flagship platforms.

The Chicago Mercantile Exchange plans to roll out Spot-Quoted futures for top cryptocurrencies Bitcoin and Ethereum, as well as top equity indices on June 30, 2025.

Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.

Fidelity Investments has introduced a new Individual Retirement Account (IRA) product that allows U.S. investors to directly invest in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). This new product will satisfy the increasing number of investors seeking tax-efficient ways to invest in cryptocurrencies.

The combined market cap of crypto has dropped by 6.4% in the past 30 days.

Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang described such proposals as bad for the network's long-term growth.

An OG Ethereum investor sold 2,001 ETH worth $3.82M on April 2nd amidst declining whale activity and price struggles.

Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.

Fidelity Investments has launched an individual retirement account (IRA) that lets individuals to invest in cryptocurrencies under its web3-focused subsidiary Fidelity Digital Assets.

Fidelity Investments has introduced a new crypto-focused retirement account, giving individual investors the opportunity to hold digital assets directly in tax-advantaged retirement portfolios. The offering includes access to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Litecoin (CRYPTO: LTC), and is available to U.S. residents aged 18 and older.

Ethereum continues to face strong headwinds as it trades below the $1,900 mark, with bullish momentum fading and market sentiment growing increasingly fearful. After a brief attempt to stabilize, ETH has resumed its downward trajectory, now down over 35% since late February.

Tariff fears triggered a potential sell-off of $161 million in spot BTC and ETH ETFs.

The ongoing Ethereum cycle follows the trend pattern observed in previous Bitcoin cycles, prompting a bold prediction from market analysts.

Even though the discourse surrounding Ethereum has been mostly dominated by "doom and gloom" narratives over the past month, recent data shows that the popular blockchain network should not be written off just yet.

Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks. Zhang argued in a detailed social media post on April 2, that the proposal was harmful to Ethereum's long-term vision.

Ethereum's price has faced significant challenges recently, with struggles to secure $2,000 as a support level.

The cryptocurrency market is neither bullish nor bearish today, according to CoinStats.

Will a selloff follow?

Due to the first-mover advantage, Bitcoin (BTC) plays a pivotal role in setting the bias for the entire crypto market. While BTC is influenced by macroeconomic policies and liquidity cycles, let's explore if Bitcoin's funding rate will help in predicting the next Ethereum price move.

Ethereum (ETH) whales have sold a whopping 760K ETH worth $1.4 billion in the past two weeks, suggesting declining confidence in the cryptocurrency.

Ethereum is attempting a recovery after bouncing from the $1,800 zone, but the price remains trapped below key resistance, and the broader trend is still bearish. Short-term momentum has improved slightly, but upside continuation remains uncertain.

Ethereum whale activity drops sharply as technical and on-chain signals hint at a looming correction.

A top crypto market analyst has stated that Ethereum is “extremely undervalued” after recording four consecutive months of negative returns. This prediction comes after the Ethereum network flipped Solana in a key metric, signaling a possible trend reversal.

Ethereum price has disproportionately underperformed peers in the crypto top ten ranking and multiple metrics signal an extended downside.

The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.

Investors pulled $222 million from US Bitcoin and Ethereum ETFs in the first two days of the week, with Fidelity's FBTC leading Bitcoin ETF outflows.

Bitcoin (BTC) price fluctuations have affected bull traders following recent outflows. The general market downturn has impacted trading volumes in the top crypto assets and altcoins.

Scroll co-founder Ye Zhang criticized proposals to impose fees on Ethereum rollups, arguing they would harm long-term growth for short-term revenue.

Ethereum's fee revenue fell from $30 million to $500,000 annually due to execution moving to Layer 2 networks like Arbitrum and Optimism.

Ether may lead the market higher in case the looming tariffs are more measured than expected.

With a 10% drop over the past week, Ethereum price is currently testing crucial support levels followed by a heavy ETH whale selloff taking place. Although ETH has bounced back from the support of $1,800, analysts are weighing the possibility of how low it can fall further from here.