Zinger Key Points
- Global cryptocurrency market capitalization is trading 1.6% lower to $2.8 trillion.
- One trader forecasts Bitcoin hitting $80,000 by mid-April, while another expects a test of $82,900–$84,764 soon.
- Every week, our Whisper Index uncovers five overlooked stocks with big breakout potential. Get the latest picks today before they gain traction.
Cryptocurrency markets continued their slide on Wednesday following President Trump threatening to impose 25% tariffs on the European Union.
Cryptocurrency | Price | Gains +/- |
Bitcoin BTC/USD | $84,252 | -3.9% |
Ethereum ETH/USD | $2,332 | -6.0% |
Solana SOL/USD | $135.15 | -6.0% |
XRP XRP/USD | $2.21 | -3.3% |
Dogecoin DOGE/USD | $0.2037 | -2.8% |
Shiba Inu SHIB/USD | $0.00001426 | +1.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17.1%. Transactions greater than $100,000 are up from 10,858 to 15,415 in a single day. Exchanges netflows are up by 640.8%.
- Coinglass data reports 156,830 traders were liquidated in the past 24 hours for $627.28 million.
Notable Developments:
- Bank Of America CEO Says Company Ready To Enter Stablecoin Business Upon Regulatory Clarity
- Robinhood CEO Tenev Remains Upbeat: ‘The Business Has Been Doing Tremendously Well’
- Robinhood CEO Vlad Tenev Slams Biden’s ‘All-Out Assault’ On Crypto, Says Company Is ‘Fortunate’ Under Trump Administration
- Bybit Hacker Launders Nearly 30% Of Hacked $1.4 Billion ETH In 5 Days — Needs Only 8-10 Days To Finish The Job
- Bitcoin Is ‘A Better Store Of Value Than Gold’ Says Expert As El Salvador, Metaplanet Buy-The-Dip
Top Gainers:
Cryptocurrency | Price | Gains +/- |
KAITO KAITO/USD | $2.37 | +41.3% |
Story IP/USD | $6.69 | +14.9% |
Berachain BERA/USD | $7.32 | +13.5% |
Trader Notes: With prices retreating further lower, Master Kenobi wonders if Bitcoin could reach $80,000 by mid-April, noting that altcoins might outperform slightly during this local bounce.
ShardiB2 believes Bitcoin is approaching an oversold level similar to a past instance, suggesting it could bottom around $80,000, potentially front running the widely expected $70,000 level.
More Crypto Online states that Bitcoin remains in a correction with no confirmed low yet. The price is still below resistance, and a test of $82,900–$84,764 is possible, potentially after another resistance test.
Crypto trader WIZZ predicts Bitcoin will either bounce at $84,000 or briefly wick down to $67,000–$68,000 before being quickly bought up.
He expects a rapid recovery above $85,000–$90,000 and maintains a cycle top target of $119,000–$125,000.
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