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. Yet, amid this uncertainty, analysts see a potential lifeline. The Federal Reserve’s shift toward easing liquidity could spark Bitcoin’s recovery as early as May 2025. This feature examines the data and expert insights driving this outlook. Tariffs Trigger Bitcoin Price Decline Trump’s tariffs, announced on April 2, 2025, hit Bitcoin hard. The cryptocurrency dropped 8.5% in a single day, while U.S. stocks later recovered. Through an X post on April 3, Edwards compared the situation to the 2022 bear market bottom, noting U.S. business expectations at levels seen in 2000, 2008, and 2022—years tied to major downturns. The Philadelphia Fed’s Business Outlook Survey (BOS) reported business confidence falling below 15, a marker of economic strain, per the survey. Edwards cautioned, “If the tariff war escalates or corporate margins shrink, we could see further downside.” Source: Capriole Investments Bitcoin traders are watching critical levels. A daily close above $84,000 could signal bullish momentum, per Capriole Investments. The next target is $91,000, a key resistance, per the analysis. However, if prices fall, Bitcoin may test the $71,000 support zone, where a rebound could occur, analysts note. Capriole Investments stated that the U.S. macroeconomic environment will determine Bitcoin’s next major move. With economic pressure rising, analysts predict Bitcoin could hit $71,000 if conditions worsen. Fed’s Liquidity Shift: A Potential Catalyst The Federal Reserve’s recent policy easing offers hope. The Fed has relaxed its tight monetary stance, raising speculation about a return to quantitative easing (QE). Edwards asked, “How long until the Powell printer starts humming?” Referring to an increase in M2 money supply, which historically boosts Bitcoin’s price . Analysts believe if M2 liquidity rises, Bitcoin could begin recovering by May 2025, per the report. The Fed’s actions align with market needs. On March 19, 2025, a dispatch analyst at Nexo noted that ending the Fed’s quantitative tightening could boost liquidity and risk assets like Bitcoin. Federal Reserve Chair Jerome Powell expressed doubts about sustained inflationary impacts from Trump’s tariffs on March 17, 2025, referencing 2019, when tariff-related inflation was temporary. Powell’s comments suggest the Fed may remain on hold, potentially supporting Bitcoin’s recovery, per the post. Bitcoin price struggles reflect broader market dynamics. The crypto market peaked at $2.85 trillion before dropping. U.S. business confidence, as measured by the Philadelphia Fed’s BOS, fell below 15, a level tied to high-risk periods. Edwards noted that while BOS data isn’t always accurate, it has historically signaled market stress. Meanwhile, gold has outperformed Bitcoin, What’s Next for Bitcoin? Analysts see a potential turning point. If the Fed increases M2 liquidity, Bitcoin could recover by May 2025. However, the $71,000 support level looms if economic pressure persists. The Fed’s next moves, expected after the April 2, 2025, tariff announcement, will be crucial,
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. Notably, the financial services platform Matrixport highlighted Bitcoin price’s possible surge, driven by the market’s neutral reaction to Trump’s tariff announcement. This article will analyze how the current market sentiment will shape Bitcoin’s future trends. Will Bitcoin Price Surge Despite Trump’s Tariffs? According to the analysis of Matrixport , a prominent financial services platform, Bitcoin is poised for a significant surge as the market remains resilient to Donald Trump’s tariff announcement. As traders remain less concerned about the potential impact of the tariff on the Bitcoin price, BTC remains largely unaffected by the development. Currently, the Bitcoin price is caught below the $90k range, the key resistance zone. Despite a positive sentiment, the buying interest remains relatively weak. While the crypto hit an all-time high of $108k in January 2025, it has been trading in a consolidation range of $84,000-$86,000 over the past few days. However, experts argue that the tariffs could potentially lead to Bitcoin’s surge, bolstering the crypto’s long-term appeal as a safe haven. Trump Tariffs: Varied Market Reactions Interestingly, Trump’s tariff has sparked widespread reactions, ranging from dismay to calls for further negotiations. As pointed out by Treasury Secretary Scott Bessent, these tariffs could be the opening move in a months-long trade negotiation process. It is noteworthy that Bitcoin is stuck below the critical $90k level, marking weak buying interest. The hedge funds are no longer experiencing an aggressive sell-off, evidenced by compressed basis and funding rates, along with a significant unwind in CME Bitcoin futures. Recently, Matrixport reported that the Bitcoin price may follow the stock market trends following Trump’s tariff announcements. Though Bitcoin remained resilient to the equity market’s recent downturn, experts highlight the correlation between BTC and traditional financial assets. Despite these predictions, Bitcoin remained stable following Trump’s tariffs. The stock market saw its largest collapse since 2020, erasing a total of $2.85 trillion. The NASDAQ also plummeted by 5.5%. Amidst the chaos, Bitcoin closed the day in the green. How Will Bitcoin Price React to the Current Market Sentiment? As of press time, Bitcoin is trading at $82,486, down by 0.74%. Over the past week and month, the Bitcoin price has seen notable declines of 2.86% and 8.32%. The 24-hour trading volume, currently at $39.19 billion, has plummeted by 26.9%. Driven by the current sentiment, Bitcoin is poised for a potential uptick, with experts predicting its journey to $150,000. Analyst CryptoELITES forecasts that Bitcoin will hit $150,000, with a minimum target of $120,000 in April and May. The post Bitcoin Price Set to Surge as Traders Downplay Trump Tariff Fears appeared first on CoinGape .
Can price of Bitcoin (BTC) accumulate enough strength for midterm rise?
In the ever-turbulent world of cryptocurrency and traditional finance, understanding the movements of major currencies like the Dollar and Euro is crucial. Just like Bitcoin’s wild swings, the Forex market offers a thrilling ride, shaped by global economic winds. Today, we’re diving deep into the recent shifts in the Forex Market , where the US Dollar is showing signs of resilience, bouncing back from recent lows, while the Euro is experiencing a slip after concerning German economic data. What does this mean for traders, investors, and the broader financial landscape? Let’s unpack this exciting development. Dollar’s Dramatic Comeback: What’s Fueling the Surge? After a period of uncertainty, the US Dollar is demonstrating a notable recovery. But what’s behind this resurgence? Several factors are contributing to the Dollar’s bounce, signaling a potential shift in market dynamics. Let’s break down the key drivers: Safe-Haven Appeal: In times of global economic uncertainty, the Dollar often acts as a safe-haven asset. As concerns about global growth and geopolitical tensions linger, investors tend to flock towards the perceived safety of the US Dollar. This increased demand naturally pushes the Dollar’s value higher. Federal Reserve Policy: The stance of the Federal Reserve (Fed) plays a pivotal role in Dollar strength. Recent signals from the Fed, indicating a continued hawkish approach to combat inflation, are bolstering the Dollar. Higher interest rates typically make a currency more attractive to foreign investors seeking better returns. Positive US Economic Indicators: While global economies face headwinds, the US economy has shown pockets of resilience. Better-than-expected economic data from the US can strengthen the Dollar, as it suggests a robust economic outlook compared to other regions. Technical Rebound: From a technical analysis perspective, the Dollar might have been oversold in recent periods, leading to a natural correction and rebound. Traders often look for oversold conditions to initiate buying positions, further contributing to the upward momentum. This combination of factors is creating a tailwind for the Dollar, pushing it upwards against various currencies, including the Euro. Euro Under Pressure: Why is the Currency Exchange Rate Slipping? While the Dollar is flexing its muscles, the Euro is facing headwinds, particularly after the release of disappointing German Economy data. Germany, being the powerhouse of the Eurozone, significantly influences the Euro’s performance. Let’s explore the reasons behind the Euro’s recent weakness: Weak German Data: Recent economic data from Germany has painted a concerning picture. Key indicators such as manufacturing PMI and industrial production have fallen short of expectations, signaling a potential slowdown in the German economy. This negative data weighs heavily on the Euro, as Germany’s economic health is vital for the Eurozone’s overall stability. Energy Crisis in Europe: The ongoing energy crisis in Europe continues to cast a shadow over the Eurozone economy. High energy prices are impacting businesses and consumers, raising concerns about inflation and economic growth. This uncertainty weakens the Euro’s appeal. European Central Bank (ECB) Policy: While the ECB is also raising interest rates to combat inflation, its approach is perceived by some as less aggressive compared to the Federal Reserve. This difference in perceived monetary policy aggressiveness can favor the Dollar over the Euro. Geopolitical Risks: The proximity of the Eurozone to geopolitical hotspots, such as the conflict in Ukraine, adds to the risk premium associated with the Euro. Investors may prefer the Dollar as a safer alternative amidst heightened geopolitical uncertainty in Europe. These challenges are collectively contributing to the Euro’s slip in the Forex Market , creating a divergence between the Dollar and the Euro’s performance. Decoding the Forex Market Impact: Dollar vs. Euro The contrasting movements of the Dollar and Euro have significant implications for the Forex Market . Understanding these dynamics is crucial for anyone involved in trading or monitoring global financial trends. Let’s examine the key impacts: Impact Area Dollar Strength (vs. Euro Weakness) Euro Strength (vs. Dollar Weakness) Import/Export Dynamics US imports become cheaper, exports become more expensive. Eurozone exports become cheaper, imports become more expensive. US exports become cheaper, imports become more expensive. Eurozone imports become cheaper, exports become more expensive. Inflation Dollar strength can help curb US inflation by making imports cheaper. Euro weakness can exacerbate Eurozone inflation by making imports more expensive. Dollar weakness can contribute to US inflation by making imports more expensive. Euro strength can help curb Eurozone inflation by making imports cheaper. Corporate Earnings US companies with significant overseas earnings may see reduced profits when translated back to a stronger Dollar. Eurozone companies with significant overseas earnings may see increased profits when translated back to a weaker Euro. US companies with significant overseas earnings may see increased profits when translated back to a weaker Dollar. Eurozone companies with significant overseas earnings may see reduced profits when translated back to a stronger Euro. Investment Flows Stronger Dollar may attract investment into US assets. Weaker Euro may deter investment in Eurozone assets. Weaker Dollar may deter investment into US assets. Stronger Euro may attract investment in Eurozone assets. These are just some of the immediate impacts. The broader implications ripple through global trade, investment strategies, and macroeconomic policies. Navigating Currency Exchange Volatility: Tips for Crypto Enthusiasts For those deeply involved in the cryptocurrency world, understanding Currency Exchange fluctuations is increasingly important. Cryptocurrencies, while often seen as independent of traditional markets, are not entirely immune to Forex movements. Here are some actionable insights for crypto enthusiasts: Monitor Forex Trends: Keep an eye on major currency pairs, especially USD/EUR. Dollar strength or weakness can indirectly influence crypto markets, particularly Bitcoin, which is often priced against the Dollar. Hedge Against Volatility: In times of Forex market volatility, consider diversifying your portfolio. Holding a mix of cryptocurrencies and stablecoins pegged to different currencies (including USD and EUR) can help mitigate risks. Understand Global Macroeconomic Factors: Events impacting the German Economy or US Federal Reserve policy can have cascading effects across all financial markets, including crypto. Stay informed about global macroeconomic developments. Utilize Forex Insights for Trading Strategies: Forex market analysis tools and techniques can be adapted to analyze cryptocurrency price movements. Understanding currency strength and weakness can provide valuable insights for crypto trading decisions. By integrating Forex market awareness into your crypto strategy, you can make more informed decisions and navigate market volatility more effectively. Looking Ahead: Will the Dollar’s Resilience Last? The Dollar’s recent bounce and the Euro’s slip raise important questions about future trends. Will the Dollar continue its resilient climb? Will the Euro manage to regain its footing? Several factors will determine the trajectory of these major currencies: Future Economic Data: Upcoming economic data releases from the US, Germany, and the broader Eurozone will be crucial. Stronger German data could help the Euro recover, while continued robust US data could further bolster the Dollar. Central Bank Policies: The future policy decisions of the Federal Reserve and the European Central Bank will be paramount. Any shifts in their monetary policy stances will significantly impact currency valuations. Geopolitical Developments: Unforeseen geopolitical events can quickly alter market sentiment and currency flows. Monitoring global geopolitical risks is essential for predicting Forex market movements. Market Sentiment: Overall market sentiment and investor risk appetite will also play a role. A shift towards risk-on sentiment could potentially weaken the Dollar, while risk-off sentiment could further strengthen it. The Forex Market is a dynamic and complex arena. The interplay of economic data, central bank policies, and global events will continue to shape the Dollar and Euro’s journey in the days and weeks ahead. Conclusion: Decoding the Dollar-Euro Dance in the Forex Arena The recent movements in the Dollar and Euro highlight the intricate dance of currencies in the Forex Market . The Dollar’s resilient bounce, fueled by safe-haven demand and hawkish Fed signals, contrasts sharply with the Euro’s slip, weighed down by weak German data and energy crisis concerns. Understanding these dynamics is not just for Forex traders; it’s vital for anyone navigating the broader financial landscape, including the cryptocurrency world. By staying informed, adapting strategies, and recognizing the interconnectedness of global markets, you can better position yourself to thrive in this ever-evolving financial environment. The Dollar-Euro saga is a powerful reminder of the constant shifts and opportunities within the global Currency Exchange ecosystem. To learn more about the latest Forex market trends, explore our article on key developments shaping US Dollar liquidity.
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. “SOL: feels like a generational entry.” Source: Inmortal/X Looking at his chart, the trader suggests SOL is printing a similar pattern from 2021, when SOL dipped more than 60% from its local top before putting up massive gains. SOL is trading for $116 at time of writing, down 1.8% in the last 24 hours. Next up, the analyst suggests that Bitcoin ( BTC ) is on the verge of breaking out and may reclaim the $100,000 level as support by next month. “Maybe this dream [will] come true, just maybe.” Source: Inmortal/X Bitcoin is trading for $82,719 at time of writing, flat on the day. The analyst is also turning bullish on FLOKI ( FLOKI ) as the memecoin bounces off of lows not seen since more than a year ago. “Floki at pre-bull market levels is crazy. Added some spot here, see you in a few months.” Source: Inmortal/X FLOKI is trading for $0.00005453 at time of writing, down 1.8% in the last 24 hours. Lastly, the analyst says that ETH may be on the verge of a bullish reversal based on historical precedence. “Expansions lead to retraces. Retraces lead to bounces. Bounce soon.” Source: Inmortal/X ETH is trading for $1,810 at time of writing, flat on the day. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Says Ethereum Competitor at a ‘Generational’ Entry Point, Outlines Path Forward for Bitcoin and FLOKI appeared first on The Daily Hodl .
Crypto exchange OKX has been fined €1.1 million ($1.2 million) by Malta’s Financial Intelligence Analysis Unit (FIAU) for breaching the country’s anti-money laundering (AML) regulations. OKX Fined $1.2 Million by Malta for Anti-Money Laundering Violations The FIAU statement said the penalty was imposed following an on-site compliance review in April 2023, which revealed serious and systematic failures. The FIAU investigation found that OKX: Failed to appropriately assess the money laundering risks associated with its products. For approximately half of the files reviewed, the client skipped risk assessments during acceptance. There were deficiencies in transaction monitoring and external reporting. OKX responded to the fine, stating that it has since implemented a comprehensive compliance program, including technology upgrades and enhanced monitoring. The exchange also noted that it acknowledged the FIAU’s remedial efforts. This latest fine adds to OKX’s growing regulatory challenges worldwide: February 2025: OKX's parent company settles with US authorities for over $500 million for failing to register as a money transmitter business. March 2025 The European Union investigates OKX’s Web3 service following reports that hackers laundered the proceeds of the $1.5 billion Bybit heist. The exchange later suspends some related services. March 2025: Thailand's securities regulator files criminal complaint against OKX for operating without a license. January 2025: OKX was fined €304,000 by the Malta Financial Services Authority (MFSA) for undisclosed regulatory breaches. *This is not investment advice. Continue Reading: Bitcoin Exchange OKX Fined by This Country's Financial Regulatory Authority! Here's Why!
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SOL's recent transactions highlight significant interest from large investors. Upcoming U.S. Continue Reading: Big Moves in the Cryptocurrency Market Capture Attention The post Big Moves in the Cryptocurrency Market Capture Attention appeared first on COINTURK NEWS .
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Cardano (ADA) has seen a recent surge in whale activity, indicating a potential shift in market sentiment towards optimism. As whales accumulate 230 million ADA in just three days, the