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London
April 1, 2025
PI Global Investments
Bitcoin

Bitcoin, Ethereum, XRP, Dogecoin Dip Amid Fresh Market Worries


Cryptocurrency markets are pulling back, mirroring declines in traditional financial markets. The downturn comes as reports indicate President Trump is preparing new auto tariffs, adding uncertainty to global markets.

Cryptocurrency Price    Gains +/-
Bitcoin BTC/USD $86,246.92 -1.9%
Ethereum ETH/USD $1,995.62 -3.4%
Solana SOL/USD $137.42 -5.4%
XRP XRP/USD $2.37 -3.4%
Dogecoin DOGE/USD $0.1940 +0.7%
Shiba Inu SHIB/USD $0.00001448 +5.8%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 11% and daily active addresses falling by 9.2%. Transactions greater than $100,000 are down from 10,665 to 9,714 in a single day. Exchanges netflows are up by 739.3%.
  • Coinglass data reports 107,452 traders were liquidated in the past 24 hours for $216.32 million.
  • Crypto chart analyst Ali Martinez noted that crypto market inflows stands at $1.8 billion marking a two-year low.

Notable Developments:

Top Losers:

Cryptocurrency Price    Gains +/-
Hyperliquid HYPE/USD  $13.70 -14.7%
PancakeSwap CAKE/USD  $2.30 -11.2%
Movement MOVE/USD  $0.5085 -5.8%

Trader Notes: Crypto trader Stockmoney Lizards noted Bitcoin was rejected at resistance, but he believes there’s still time for a rally.

Crypto trader Jelle explained that Bitcoin cycles historically peak around 475 days after the halving, with each cycle lasting longer than the last. He believes the next potential peak is still 130+ days away, leaving plenty of time for market activity and volatility.

Crypto chart analyst Ali Martinez marks the $88,000–$91,000 range stands as a major resistance zone for Bitcoin.

Trader Roman reminds traders that Bitcoin is already up nearly 600% in three years. Getting bullish now means you’re late to the trend. His strategy: “Buy red, sell green.”

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Image: Shutterstock

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