Crypto Daily Movers

A broad sell‑off drove the crypto market cap down 5.56% to $2.4 trillion, with volume plummeting 42.15% to $116.4 billion. Bitcoin steadied around $76 K while the first leveraged XRP ETF and a proposed SUI ETF highlight growing institutional products.   Quick Take Market cap contraction amid extreme fear; stablecoins still account for 94.86% of 24‑hour volume. Bitcoin’s volatility squeeze and macro pressures test its $76 K support level. Ripple’s $1.25 B Hidden Road buy and Teucrium’s 2× XRP ETF deepen institutional integration. Cboe’s SUI ETF filing underscores rising demand for Layer‑1 altcoin funds. RedStone’s 2.4 ms MegaETH oracle enhances on‑chain price‑feed speed for DeFi. Crypto Market Overview Crypto Fear & Greed Index | Source: Alternative.me   The total crypto market capitalization fell to $2.4 trillion, down 5.56% in 24 hours, as investors retreated amid extreme fear (Fear & Greed Index: 18). Daily trading volume collapsed 42.15% to $116.41 billion, led by stablecoins at $110.43 billion (94.86%) and DeFi protocols at $8.49 billion (7.29%). Bitcoin dominance slipped slightly to 62.65%, reflecting selective buying of the largest asset.   Major Exchange and Regulatory Moves Shake Confidence Binance’s Purge of 14 Low‑Quality Tokens: On April 16, Binance will delist tokens such as Badger (BADGER), Cream Finance (CREAM), and NULS, following community “vote to delist” results and a review of liquidity, development activity, and compliance with stricter listing criteria. This aggressive cleanup aims to bolster overall platform quality but may unsettle holders of smaller projects. Ripple’s Strategic Acquisition of Hidden Road: Ripple’s $1.25 billion takeover of prime broker Hidden Road positions the firm as the largest non‑bank prime broker globally. By integrating its RLUSD stablecoin and the XRP Ledger into Hidden Road’s clearing operations—processing over $3 trillion annually—Ripple seeks to streamline cross‑border settlement and showcase institutional-grade blockchain utility. Satoshi Nakamoto FOIA Lawsuit Sparks Debate: Crypto attorney James Murphy filed a FOIA request against the U.S. Department of Homeland Security, seeking documents related to an alleged 2019 meeting between DHS agents and Bitcoin’s creator(s). The lawsuit highlights ongoing fascination with Bitcoin’s origins and may pressure U.S. agencies to disclose internal records. Bitcoin’s Technical Test at $76 K Amid Macro Headwinds BTC/USDT price chart | Source: KuCoin   Bitcoin’s price has compressed into a tight trading range around $76 K, forming a volatility squeeze that often precedes a sharp breakout or breakdown. With weekly closes below $92 K still elusive, traders watch for a decisive move to confirm next directional bias.   U.S.–China trade tensions, new tariffs, and rising Treasury yields have increased risk‑off sentiment, maintaining Bitcoin’s correlation with equities. Yet some strategists argue that prolonged fiscal strain—like rolling over $9 trillion in U.S. debt—could ultimately drive demand for BTC’s fixed supply, especially if the dollar weakens further.   Ripple’s Institutional Push and the Debut of a Leveraged XRP ETF Ripple will leverage Hidden Road’s infrastructure to deploy RLUSD as collateral across prime brokerage services, reducing settlement times from 24 hours to near‑instant via the XRP Ledger. This move could accelerate institutional use of stablecoins in traditional markets.   Details of Teucrium’s XRP ETF | Source: Teucrium   Teucrium’s XXRP ETF on NYSE Arca offers 2× leveraged exposure to XRP, charging a 1.85% management fee. Launching before a standard spot XRP ETF is approved, XXRP reflects confidence in XRP’s market potential but carries elevated risk due to leverage and the token’s price volatility.   Read more: What Is an XRP ETF, and Is It Coming Soon?   First‑Mover SUI ETF Filing Highlights Altcoin ETF Trend Canary Capital’s SUI ETF application with the SEC, if approved, would introduce the first U.S. fund holding Sui Network’s native token (market cap ~$6.5 billion). Sui’s high TVL ($1.1 billion in DeFi) and developer‑friendly Move framework make it a compelling candidate for institutional products.   Following filings for Solana, Litecoin, and Hedera ETFs, the SUI proposal underscores growing institutional interest in diversified crypto exposure beyond BTC and ETH. Yet some analysts caution that demand for altcoin ETFs may lag until clearer regulatory guidelines emerge.   RedStone’s MegaETH Oracle: Pushing Latency to 2.4 ms RedStone’s new push‑based oracle on MegaETH delivers on‑chain price updates every 2.4 milliseconds by co‑locating nodes directly on the network. This “co‑location” minimizes latency from server distance, critical for high‑frequency DeFi strategies and automated trading.   Read more: RedStone (RED) Project Report   Initially on MegaETH, RedStone plans to expand its low‑latency oracle to additional EVM‑compatible networks, sourcing data from centralized exchanges and, eventually, decentralized venues. As DeFi TVL nears $88 billion, efficient oracles will be key infrastructure for next‑generation financial applications.   Read more: What Is MegaETH, the Vitalik-Backed Ethereum Layer‑2 Blockchain?   Conclusion: Navigating Uncertainty with Institutional Innovations Amid a sharp pullback and pervasive market fear, Bitcoin’s ability to hold support near $76 K will be a barometer for broader crypto resilience. Meanwhile, institutional developments—from Ripple’s prime broker acquisition to the first leveraged XRP ETF and SUI ETF filing—signal deepening integration of digital assets into traditional finance. Infrastructure advancements like RedStone’s ultra‑low‑latency oracle further strengthen DeFi’s foundations. As regulatory clarity and macro conditions evolve, these institutional products and technical innovations may help steer the next phase of crypto market recovery.

The global crypto market cap rose modestly by 1.71% to $2.54 trillion while trading volumes surged 93.41% to $200.92 billion, driven by stablecoins and DeFi liquidity. Key developments include strategic regulatory appointments, emergency risk management actions, and expanding tokenization efforts in real-world assets (RWA).   Quick Take The global crypto market cap increased to $2.54T with a significant uptick in daily trading volume to $200.92B. BTC’s dominance edged up to 62.81, bolstered by a brief surge in hashrate and technical resilience amid volatility. XRP’s price remains under strain as futures liquidations and weak derivative activity underscore bearish sentiment. The tokenized asset market is forecast to reach $18.9T by 2033 as blockchain solutions continue to transform traditional finance. From Pakistan’s appointment of CZ as a crypto adviser to emergency ETH deposits preventing massive liquidations, the market reflects a blend of innovation and caution. Crypto Market Overview and Liquidity Surge The total crypto market cap currently stands at $2.54 trillion, marking a 1.71% increase over the last day. Trading volumes have shot up by 93.41%, reaching $200.92 billion in the past 24 hours.    Crypto Fear & Greed Index | Source: Alternative.me   Stablecoins dominate the trading volume at $189.97 billion (94.55%), while DeFi protocols have contributed $12.39 billion (6.17%). Simultaneously, Bitcoin’s market share has risen to 62.81%, emphasizing its role as the market’s anchor even as sentiment remains extremely fearful at a Crypto Fear & Greed Index reading of 24.   Global Regulatory and Market Developments: Strategic Moves and Emergency Actions Recent market developments have reinforced the interconnected nature of global crypto and traditional finance:   Pakistan has strategically appointed former Binance CEO Changpeng “CZ” Zhao as an adviser to its national crypto council. This move signals the country’s commitment to building a forward-looking regulatory framework aimed at propelling blockchain adoption and attracting international investment. A prominent Ethereum whale made headlines after depositing roughly $14 million in ETH alongside additional Dai to stave off a catastrophic liquidation on a $340 million MakerDAO position. This decisive action underscores the inherent risks in overleveraged DeFi positions and highlights the volatility that can result from sudden market shifts. Bitcoin’s network recently achieved a milestone when its hashrate briefly crossed 1 zetahash per second—a historic first in its 16-year journey. Although this peak was short-lived, it demonstrates the network’s expanding computational power and potential resiliency, even in times of widespread market uncertainty. Heightened by US-led trade measures and tariff announcements, global risk sentiments have intensified. Such macro pressures have sparked a notable market correction, reflecting how government policies can swiftly affect investor behavior across both traditional and digital asset classes. Read more: Bitcoin Slides to $78K as Trump’s Tariffs Spark 7.7% Crypto Market Decline: Apr 7 Bitcoin Displays Technical Resilience Amid Macro Volatility BTC/USDT price chart | Source: KuCoin   Bitcoin remains the backbone of the crypto market, demonstrating both strength and vulnerability amid broader economic challenges. Despite external pressures, its market dominance has inched up to 62.81%, a figure bolstered by a temporary surge in hashrate, which briefly reached 1 zetahash per second. This milestone indicates robust underlying network support, even as Bitcoin’s price continues to experience fluctuations.    Technical analysts observe that the cryptocurrency is managing to hold key support levels around the $76,000 mark, where renewed buying interest has emerged. However, the market remains cautious, as failure to breach critical technical levels—such as a sustained weekly close above $92,000—could pave the way for further downward corrections.   Adding to the technical picture, Bitcoin has recently experienced a volatility squeeze—a phase characterized by reduced price swings that often precede significant directional moves. This pattern is especially relevant in the current context of heightened market fear, as reflected in the Crypto Fear & Greed Index.    Institutional insights have suggested that the prevailing market conditions might contribute to a healthy clearing of excess leverage. Although such deleveraging can be painful in the short term, many analysts believe it could ultimately set the stage for a robust Bitcoin rally once liquidity normalizes and investor confidence is restored.   XRP Navigating Over $60M in Liquidations and Bearish Momentum XRP/USDT price chart | Source: KuCoin   XRP, trading at approximately $1.92, has been notably challenged amid the current market downturn. The cryptocurrency has come under significant pressure partly due to the liquidation of over $60 million in long futures positions in the last 24 hours.    This wave of liquidations mirrors a broader risk-off sentiment observed across the market, where weak demand in the derivatives space is further compounded by sustained negative funding rates. These conditions underscore a diminished appetite for XRP among investors, contributing to a deepening bearish momentum.   XRP liquidations | Source: CoinGlass   Further intensifying XRP’s struggles are external factors such as ongoing US-led tariff measures and associated trade tensions. Given XRP’s sensitivity as a risk-on asset, any reduction in international trade volume or increased regulatory uncertainty tends to exert immediate negative pressure on its price trajectory. In the absence of a strong catalyst to reverse the negative sentiment, market participants remain cautious, with many expecting the current lack of buying interest to persist in the short term.   Real-World Assets (RWA) Tokenization the New Frontier in Digital Finance? Source: Ripple and BCG   The emergence of tokenized real-world assets (RWA) represents a transformative development in the digital finance landscape, with the market poised for dramatic growth. Projections suggest that the tokenized asset market could escalate to an impressive $18.9 trillion by 2033, driven by blockchain’s inherent strengths such as enhanced efficiency, reduced settlement times, and significant operational cost savings.    This technology is already being leveraged by financial institutions to record asset ownership and streamline transactions without intermediaries—evidenced by initiatives from platforms like JPMorgan’s Kinexys and BlackRock’s tokenized money market funds.   Despite its promising outlook, the tokenization market faces a host of challenges that must be overcome to fully realize its potential. Key obstacles include regulatory fragmentation, inconsistent custody and interoperability standards, and the need for standardized smart contract protocols. These issues are critical to address as they currently inhibit the seamless integration of tokenized assets into traditional financial systems.    Nevertheless, as more institutions experiment with tokenization, traditional finance could undergo a fundamental shift in how assets are managed and traded. Early adopters who successfully navigate these regulatory and technical hurdles are likely to reshape the global asset landscape, offering more efficient liquidity solutions and transforming the overall value chain of financial markets.   Conclusion  In this period of substantial liquidity and technical breakthroughs, the crypto market reflects a blend of cautious optimism and pragmatic risk management. While Bitcoin’s enduring dominance and the promising growth of tokenized real-world assets point to long-term opportunities, short-term pressures—from regulatory shifts to massive liquidations—demand careful monitoring. As investors navigate these turbulent times, staying attuned to key technical levels and broader macroeconomic signals will be crucial for mitigating risks and capitalizing on emerging trends.

Global crypto capitalization slid to $2.46 trillion after US tariffs and hawkish Fed commentary triggered widespread selling, even as trading volume exploded by 161.93% to $110.97 billion. Key metrics include Bitcoin dominance rising to 62.74% and the Crypto Fear & Greed Index plunging to 23 (extreme fear).   Quick Take Total crypto market cap fell more than 8% to around $2.5 trillion as Bitcoin dipped below $80 K. Kalshi traders now price a 61% chance of a US recession in 2025 following tariff announcements. Nearly 400 000 FTX creditors risk losing $2.5 billion in repayments if they miss the extended June 1 KYC deadline. Decentralized exchanges continue to gain share, with Hyperliquid ranking 12th in open interest despite a $6.2 million exploit. Over $675 million in long positions were liquidated in the past 12 hours amid heightened volatility. Crypto Market Overview The total crypto market cap stands at $2.46 trillion, marking a 7.66% decrease over the last 24 hours. Meanwhile, 24‑hour trading volume surged 161.93% to $110.97 billion, driven largely by stablecoins which accounted for $104.4 billion (94.08% of volume). DeFi protocols contributed $6.24 billion, or 5.63% of total volume.    Crypto Fear & Greed Index | Source: Alternative.me   Bitcoin’s dominance has ticked up 0.75% to 62.74%, underscoring its relative resilience. Investor sentiment has deteriorated sharply: the Crypto Fear & Greed Index plunged to 23 (extreme fear) on Monday from 34 (fear) on Sunday.   Crypto Market Developments  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.   US stock futures opened sharply lower—S&P 500 futures sank nearly 4%, while Dow Jones futures plunged over 8%. The sell‑off spilled into crypto, triggering forced liquidations of roughly $675 million in long positions across major exchanges within 12 hours. President Trump’s “medicine” rhetoric around sweeping new tariffs rattled global risk assets. Some traders now anticipate a possible delay as affected trading partners lobby for exemptions, but the uncertainty has amplified downside risks in both equities and crypto. Despite the downturn, prominent voices like BitMEX co‑founder Arthur Hayes argue that this deleveraging could clear excess leverage and set the stage for a renewed Bitcoin rally once liquidity returns to the market. Cypherpunk Jameson Lopp warned of rising Bitcoin address poisoning attacks, where scammers generate look‑alike addresses matching victims’ past transactions. He urged wallet providers to fully display addresses and users to manually verify every destination string before sending funds. A recent court filing shows 392 000 FTX creditors risk losing $2.5 billion in repayments if they fail to complete mandatory KYC by June 1. Smaller claims under $50 000 account for $655 million, while larger claims total $1.9 billion. Affected users should re‑submit documentation through FTX’s support portal to preserve their claims. Pershing Square’s Bill Ackman suggested President Trump might postpone the April 5 tariffs to allow time for trade negotiations, noting that “practical reality is there is insufficient time for deals” before implementation. Ethereum’s Pectra upgrade is scheduled for May 7, promising faster, cheaper transactions. The SEC accepted Fidelity’s Solana ETF application, and BlackRock engaged with regulators on in‑kind ETF redemptions. Bitcoin Price Holds Key $76 K Support Amid Volatility Squeeze BTC/USDT price chart | Source: KuCoin   Bitcoin displayed notable resilience during this week’s broad market sell‑off, falling just over 6% in 24 hours to test the $76 000 support level before mounting a recovery to around $78 500. Many traders view the dip below $76 000 as a potential “fake breakdown,” given that bids reemerged swiftly at that threshold. A successful weekly close above $92 000 is now the critical technical signal that would confirm the end of this correction and the resumption of Bitcoin’s uptrend.   Meanwhile, realized volatility for BTC has contracted even as the CBOE Volatility Index (VIX) for equities surged to multi‑year highs. This divergence indicates that Bitcoin is entering a volatility squeeze, a pattern that historically precedes significant directional moves. Sentiment is split: bearish macro traders warn that escalating tariff tensions and recession odds could drive further declines, while optimistic analysts argue that the capitulation of over‑leveraged longs and the influx of stablecoin liquidity set the stage for a sharp rebound. With Bitcoin dominance rising to 62.74%, many market participants are positioning for a decisive breakout in the weeks ahead.   61% Likelihood of a US Recession: Kalshi Kalshi, a US‑regulated prediction market, saw traders sharply increase their bets on an economic downturn, with the probability of a US recession in 2025 climbing to 61%—up from roughly 30% just two weeks earlier. On Kalshi, users buy and sell contracts that pay out based on whether specified events occur, in this case, two consecutive quarters of negative GDP growth as defined by the US Department of Commerce. The sudden spike in recession odds highlights traders’ growing unease over the fallout from President Trump’s tariff measures and their potential to choke off trade and corporate investment.   Polymarket forecasts 63% chance of a US recession in 2025 | Source: Polymarket   These elevated recession probabilities on Kalshi closely track those on Polymarket, another leading prediction platform, underscoring a broad-based 63% consensus among speculators that policy‑driven market shocks could tip the US economy into contraction. Institutional and retail participants alike have responded to the recent equity and crypto sell‑off by reallocating capital toward downside‑protection contracts, making Kalshi’s contracts a bellwether for real‑time sentiment on macroeconomic risks.   Read more: Top 7 Decentralized Prediction Markets to Watch in 2025   FTX Repayment Deadline Threatens $2.5 B for Unverified Creditors A recent US Bankruptcy Court filing reveals that 392 000 creditors of bankrupt exchange FTX risk having $2.5 billion in claims disallowed if they do not complete the mandatory KYC verification by June 1, 2025. Under the court’s schedule, claims under $50 000—totaling $655 million—and larger claims amounting to $1.9 billion will be expunged in full for non‑compliance.   FTX’s recovery plan anticipates distributing at least 118% of original claim values in cash to 98% of verified creditors, making timely verification critical. Affected users should log into FTX’s support portal, create or access their account, and re‑upload required identity documents to preserve their repayment rights. Failure to meet the deadline will permanently forfeit these substantial sums.   DEX Growth Persists Despite $6.26 Million Hyperliquid Exploit DEXs’ trading volume | Source: DefiLlama   Decentralized exchanges (DEXs) have steadily eroded the market share of centralized platforms, driven by traders’ desire for non‑custodial access and innovative derivatives products. According to CoinGecko, DEXs now account for a growing slice of on‑chain trading volume, with platforms like Uniswap and PancakeSwap leading in spot liquidity. In the derivatives space, Hyperliquid has climbed to 12th place globally by open interest, boasting over $3 billion in outstanding positions—outpacing legacy venues such as Kraken and BitMEX.   However, the rapid ascent of DEXs comes with heightened risks, as illustrated by a $6.26 million exploit on Hyperliquid’s Jelly my Jelly (JELLY) memecoin market. An anonymous whale manipulated the platform’s liquidation parameters by opening offsetting long and short positions, pocketing the difference when the protocol’s risk engine failed to liquidate a massive short in time. This incident, the second major breach on Hyperliquid in March, underscores the fragility of automated smart‑contract mechanisms. Analysts warn that post‑exploit interventions—such as emergency freezes or centralized rollbacks—may erode the trust that underpins the decentralized ethos, potentially slowing DEX adoption unless governance frameworks and code audits are strengthened.   Read more: What Is DEX Screener and How to Use It for Crypto Trading?   Conclusion This week’s tariff‑driven sell‑off underscores the sensitivity of crypto to macro policy and regulatory shifts. While near‑term volatility remains elevated, Bitcoin’s resilience, burgeoning DeFi volumes, and institutional ETF progress suggest that strategic entry points may arise once uncertainty abates. Stakeholders should monitor key technical levels, KYC deadlines, and regulatory developments to navigate the evolving market landscape.

The global crypto market cap fell 1.40% to $2.68 trillion as fear gripped investors, with the Crypto Fear and Greed Index plunging to 25 (Extreme Fear). Meanwhile, stablecoin drama erupted after Justin Sun’s claims caused FDUSD to depeg, Ripple's RLUSD surged, the HBAR Foundation joined a high-profile bid for TikTok, and President Trump's new tariffs introduced uncertainty into the crypto market.​ Quick Take Crypto market cap drops to $2.68T, while daily trading volume surges 65.41% to $129.81B. FDUSD depegged after insolvency accusations by Justin Sun, sparking legal threats from First Digital. Ripple’s RLUSD stablecoin hit $244M market cap, growing 87% in a month amid adoption by major platforms. HBAR Foundation and Zoop filed a bid to acquire TikTok’s U.S. operations amid upcoming regulatory deadline. President Trump's announcement of new tariffs introduces potential volatility and uncertainty into the crypto market. Crypto Market Overview The global crypto market fell 1.40% in the past 24 hours to $2.68 trillion, as market sentiment shifted rapidly following macroeconomic announcements and stablecoin volatility. Despite the downturn, overall trading activity surged, with the total 24-hour market volume climbing 65.41% to $129.81 billion.​   Crypto Fear & Greed Index | Source: Alternative.me   Stablecoins dominated the trading landscape, accounting for 96.86% of total volume ($125.74B), while DeFi protocols contributed $7.74B. Bitcoin's dominance increased slightly to 61.87%, and the Crypto Fear and Greed Index slid into “Extreme Fear” territory at 25, down from yesterday’s 44.​   Crypto Market Developments: Latest News and Updates The U.S. political landscape jolted crypto markets after President Donald Trump announced sweeping tariffs, including a 10% blanket levy on imports and a 25% tariff on foreign automobiles. Bitcoin (BTC) saw brief upward momentum during Trump’s Rose Garden speech but later retreated to $86,000.​   BTC/USDT price chart | Source: KuCoin   Circle, the issuer of USDC, filed for a long-anticipated IPO on April 1 under the ticker “CRCL.” The firm reported $1.67 billion in 2024 revenue, up 16% year-over-year, though its net income declined nearly 42% to $155.6 million. Over 99% of its income came from yield-bearing Treasury bills backing its stablecoin.​   Investment firm VanEck filed to create a Delaware trust for a possible BNB ETF, signaling growing institutional interest in non-Bitcoin crypto assets.​   President Trump's Tariffs and Potential Impact on the Crypto Market Crypto market cap dips under $2.7 trillion after Trump’s reciprocal tariffs | Source: Coinmarketcap   On April 2, President Donald Trump announced a series of sweeping tariffs, including a 10% baseline tariff on all imports and higher rates for specific countries—34% on China, 20% on the European Union, and 24% on Japan. Additionally, a 25% tariff on all foreign-made automobiles was introduced, set to take effect at midnight on April 3.   The immediate market reaction was negative, with U.S. stock-index futures declining between 2% and 3.3% in after-hours trading. Bitcoin's price experienced volatility, initially rising during the announcement but later retreating to around $86,000 and then to $83,000 early on Thursday.   Analysts have mixed views on the long-term impact of these tariffs on the crypto market. Some suggest that while short-term pressures may lead to market instability, the weakening of the U.S. dollar due to trade tensions could position cryptocurrencies like Bitcoin as attractive alternative assets. Conversely, heightened economic uncertainty might drive investors toward traditional safe-haven assets, potentially.    Ripple’s Stablecoin RLUSD Sees 87% Monthly Growth Ripple USD (RLUSD) market cap | Source: Coinmarketcap   Ripple's stablecoin RLUSD is seeing rapid adoption across the cross-border payments industry. Ripple announced that RLUSD is now integrated into Ripple Payments, its global payments solution.​   RLUSD’s market cap surged to $244 million — an 87% increase in just one month — with $860 million in transfer volume. The token is backed by short-term U.S. Treasuries and recently listed on Kraken, LMAX, and Bitstamp. Ripple said RLUSD’s adoption is outpacing internal projections, with NGO collaborations underway for aid distribution use cases.​   Read more: What Is RLUSD? A Comprehensive Guide to Ripple's Stablecoin and Its Impact on XRP   HBAR Foundation Joins Bid for TikTok Amid U.S. Ban Threat The HBAR Foundation, in partnership with Zoop (founded by OnlyFans’ creator), has entered the bidding war to acquire TikTok’s U.S. operations. Their proposal comes as a U.S. law mandates ByteDance to divest TikTok by April 5 or face a ban.​   According to Zoop co-founder RJ Phillips, the bid is designed to create “a new paradigm” where creators and communities benefit more directly. The HBAR Foundation, aligned with the Hedera network, supports blockchain adoption in social platforms and views the TikTok bid as a strategic move to bring social media “on-chain.”​   Read more: Hedera (HBAR) Project Report   FDUSD Depeg Drama Unfolds Amid Justin Sun’s Allegations FDUSD depegged from the US dollar on 2 April | Source: Coinmarketcap   On April 2, FDUSD, the U.S. dollar-pegged stablecoin issued by First Digital, fell below its $1 peg after Tron founder Justin Sun publicly alleged that First Digital is insolvent. The token briefly traded at $0.9952.​   First Digital denied Sun’s claims, labeling them a “smear campaign” and promising legal action. The issuer clarified that its dispute is with TrueUSD (TUSD), not FDUSD, and reaffirmed that every FDUSD token is fully backed by U.S. Treasury Bills. Proof-of-reserve concerns were reignited in the community, highlighting the need for real-time, on-chain transparency in stablecoin audits.​   Read more: USDT vs. USDC: Differences and Similarities to Know in 2025   Conclusion Today’s market movements reveal a highly volatile crypto landscape shaped by global politics, institutional interest, and stablecoin reliability. While fear is palpable and price volatility continues, developments like Ripple’s RLUSD integration, Circle’s IPO plans, and the HBAR-TikTok bid reflect an ecosystem still building despite uncertainty. Investors are watching closely as the next wave of regulation, innovation, and adoption reshapes the industry in real-time.

The crypto market has reached a global cap of $2.73 trillion with stablecoins dominating 94.51% of the 24-hour volume, as Circle and Grayscale make significant moves with an IPO filing and an ETF conversion, respectively. Despite Bitcoin’s dominance at 61.82%, Ethereum faces challenges with blob fee revenue plunging over 73% in recent weeks, signaling a period of mixed sentiment in the market.   Quick Take The global crypto market cap is $2.73T, up 2.37% in one day, with stablecoins accounting for 94.51% of the $77.81B 24-hour volume. Circle has filed for an IPO on the NYSE under the ticker “CRCL,” highlighting its robust stablecoin revenue model. Grayscale is pushing for an ETF conversion with over $600 million in assets under management, reflecting evolving investment trends. American Bitcoin Corp. is pursuing an IPO amid strategic restructuring with Hut 8, signaling a diversification trend among Bitcoin miners. Bitcoin continues to show resilience with a dominance of 61.82%, while Ethereum’s revenue challenges indicate potential near-term technical adjustments. The global crypto market has seen a healthy growth spurt, reaching a cap of $2.73 trillion—a 2.37% increase in just one day. Despite a minor decline of 0.28% in the overall 24-hour volume, which stands at $77.81 billion, the market displays robust liquidity with stablecoins playing a pivotal role. The Crypto Fear and Greed Index has improved to 44 on Wednesday, up from Tuesday’s 34; however, it still indicates a sentiment of Fear among crypto investors.    Crypto Fear & Greed Index | Source: Alternative.me   Stablecoins now account for a staggering 94.51% of daily trading volume, amounting to $73.54 billion, while decentralized finance (DeFi) contributes 7.07% with a total volume of $5.5 billion. Bitcoin’s market dominance has inched up to 61.82%, reinforcing its position as a cornerstone in the crypto market.   Crypto Market’s Regulatory Shifts, Macroeconomic Pressures, and Strategic Moves Recent news highlights a period of significant change driven by both internal market dynamics and external macroeconomic pressures. On the macroeconomic front, the U.S. Treasury Secretary noted that the tariffs announced on Wednesday are at their highest level, with countries expected to take subsequent steps to lower them. Additionally, the March ISM manufacturing PMI in the United States came in at 49—lower than both the previous value and market expectations—while the Reserve Bank of Australia (RBA) maintained current interest rates, pausing further rate cuts.   In the realm of compliance, the SEC Cryptocurrency Task Force is set to hold four additional meetings in the first half of the year to discuss topics ranging from regulatory rules and custody to the tokenization of on-chain assets and DeFi. Meanwhile, BlackRock has received approval from the UK's Financial Conduct Authority to register as a cryptocurrency company, even as European regulators warn that the deregulation of cryptocurrencies in the United States could increase risks for traditional finance.   Industry hotspots continue to make headlines as well. Circle has submitted an IPO application for a listing on the New York Stock Exchange and spent $210 million to acquire Coinbase's stake in the Centre Consortium, establishing itself as the sole issuer of USDC. In parallel, Backpack has completed the acquisition of FTX EU and is beginning the process of returning user funds, and GameStop has successfully raised $1.5 billion to reserve Bitcoin. These developments illustrate how strategic moves and regulatory initiatives are shaping the crypto market.   Stablecoin Giant Circle Files for IPO with Robust Figures Circle Internet Group, the force behind the USDC stablecoin, has taken a historic step by filing an S-1 registration with the SEC for an IPO on the New York Stock Exchange under the ticker “CRCL.” The company reported $1.67 billion in revenue for 2024—a 16% year-on-year increase—while its net income declined by 41.8% compared to 2023.    Circle’s financial statements | Source: SEC   Over 99% of Circle’s revenue stems from its stablecoin reserves, which not only underscores its dominant market position but also reflects its strategic reliance on yield-bearing assets like Treasury bills. This move is anticipated to further solidify Circle’s influence in the crypto ecosystem as it continues to leverage its vast reserve income and digital asset holdings.   Read more: USDT vs. USDC: Differences and Similarities to Know in 2025   Grayscale Moves Forward with ETF Ambitions and $600M+ in Assets Grayscale Digital Large Cap Fund LLC filing | Source: SEC   Asset manager Grayscale is making strides in transforming its Digital Large Cap Fund into an ETF, as evidenced by its recent S-3 regulatory filing with the SEC. The fund, which currently manages more than $600 million in assets, holds a diversified portfolio that includes major cryptocurrencies like Bitcoin, Ether, Solana, XRP, and Cardano.    This strategic initiative not only reflects Grayscale’s commitment to expanding its product offerings but also aligns with the broader market trend of institutional investors seeking regulated, diversified crypto investment products. The ETF conversion could potentially broaden the fund’s accessibility, tapping into a wider range of investors and driving further growth in the digital asset management space.   Trump Family Backed Crypto Mining Firm Explores Strategic Restructuring and IPO Plans American Bitcoin Corp., a crypto mining operation backed by the Trump family and recently restructured following Hut 8’s acquisition of a majority stake, is now mulling an IPO as part of its capital-raising strategy. The integration of Bitcoin mining operations with high-performance computing infrastructures signals a broader industry trend where miners diversify into alternative revenue streams.    This strategic move aims to create a vertically integrated entity, enhancing operational efficiency and ensuring more predictable financing conditions. As Bitcoin mining revenues face increasing pressure, the company’s pivot toward new business lines reflects a proactive approach to navigating the dynamic crypto landscape.    Bitcoin Maintains Key Levels Amid Geopolitical and Economic Pressures BTC/USDT price chart | Source: KuCoin   Bitcoin’s performance continues to stand out in a volatile market, maintaining its dominance at 61.82%. Despite facing macroeconomic challenges such as trade tensions and inflationary trends, Bitcoin has remained resilient due to strategic institutional accumulations and robust network fundamentals.    Its price stability above critical support levels, even amidst regulatory and geopolitical headwinds, reaffirms Bitcoin’s role as the market’s stabilizing force. The ongoing support from large-scale buyers and strategic portfolios indicates that Bitcoin will likely continue to underpin the broader crypto market during periods of uncertainty.   Ethereum’s Revenue Challenges and Technical Adjustments Ethereum blob fees touch 3.18 ETH | Source: Etherscan   Ethereum, on the other hand, is experiencing a mix of technical and revenue challenges. The network’s blob fee revenue has dropped by over 73% from the previous week, marking a significant decline from earlier performance levels—a move attributed to post-Dencun adjustments that shifted layer-2 transaction data handling.    ETH/BTC price chart | Source: KuCoin   Furthermore, technical indicators such as four consecutive red monthly candles and a five-year low in the ETH/BTC ratio suggest that Ethereum may be nearing a short-term bottom. Analysts remain cautiously optimistic, however, noting that historical trends have shown a rebound following periods of consolidation. The future performance of Ethereum will largely depend on the success of upcoming upgrades and the network’s ability to adapt to new scaling solutions.   Conclusion The current state of the crypto market is marked by significant strategic moves and evolving technical dynamics. Circle’s IPO filing and Grayscale’s ETF conversion represent critical steps for institutionalization in the crypto space, while American Bitcoin Corp.'s restructuring indicates a broader diversification trend among miners. Meanwhile, Bitcoin’s consistent dominance contrasts with Ethereum’s challenges in fee revenue generation, reflecting the differing trajectories of leading cryptocurrencies. As the regulatory landscape and investor sentiment continue to evolve, these developments underscore the importance of adapting strategies in an increasingly competitive environment.   Read more: Bitcoin at 61.38% Dominance, Ethereum Dips Near $1,835, and XRP Corrects by 40%

The global crypto market shows mixed signals with a market cap of $2.69T and a 1.33% day-over-day increase, while volume surges by 44.63% to $77.63B, heavily driven by stablecoin activity. Amid macroeconomic concerns and regulatory developments, Bitcoin remains dominant at 61.38%, Ethereum faces significant downward pressure, and XRP experiences a 40% correction from its multi-year highs.   Quick Take Total crypto volume increased 44.63% in 24 hours, with stablecoins comprising over 95% of this volume. Bitcoin’s dominance now stands at 61.38%, bolstered by institutional moves and strategic corporate buys. Global economic challenges and evolving US tariff policies are influencing investor sentiment and digital asset adoption. Ethereum sees both innovation with Privacy Pools and significant price pressure, with predictions suggesting potential further decline before a rebound. XRP, after a sharp rally, has corrected by 40% and is showing technical signs of bearish momentum, hinting at further downside risks. The global crypto landscape is experiencing cautious optimism as the market cap reaches $2.69 trillion—a 1.33% increase from the previous day. The total crypto market volume has surged to $77.63 billion in the last 24 hours, reflecting a 44.63% jump.    Crypto Fear and Greed Index | Source: Alternative.me   Notably, stablecoins contribute 95.91% of this volume, indicating a preference for lower-risk assets amid market uncertainty. The current market sentiment, as measured by the Fear and Greed Index, remains in the "fear" zone at 34.   Crypto Market Developments – Latest News and Updates Today’s headlines reveal a blend of macroeconomic concerns and bold institutional strategies:   BlackRock CEO Larry Fink warned that rising US debt could shift investor preferences toward Bitcoin, potentially challenging the US dollar's reserve currency status. Meanwhile, US tariff policies under President Trump are creating uncertainty across crypto markets. Donald Trump’s sons have backed a new venture with Hut 8 to launch what is anticipated to be the world’s largest pure-play Bitcoin mining firm, while Michael Saylor’s Strategy made a near $2 billion Bitcoin dip buy to capitalize on market fluctuations. The Ethereum-based DeFi protocol SIR.trading suffered a major hack, losing its entire TVL of $355,000, underscoring the ongoing security concerns in the decentralized finance space. White House officials have indicated that President Trump will announce reciprocal tariffs on April 2 from the Rose Garden, with no exemption clauses, despite mixed reactions from market watchers. Fed's Williams highlighted that while the impact of these tariffs is still being evaluated, there is no current sign of stagflation, and the economy is expected to continue growing. Additional industry highlights include FTX's planned use of $11.4 billion in cash reserves to repay creditors starting May 30, Circle's progress toward an IPO with filings expected by the end of April, and NFT marketplace X2Y2 ceasing operations on April 30. Notably, CZ’s donation wallet has burned substantial token volumes, while BlackRock’s CEO underscored asset tokenization as the most disruptive financial innovation since ETFs. Crypto Market in Numbers - A Recap of March 2025  Crypto market over the past month | Source: Coinmarketcap   Bitcoin Market Dynamics Amid Trade Tensions: Bitcoin experienced a 5% monthly decline, driven largely by volatile shifts in US tariff policies amid an ongoing trade war. Despite the downturn, Bitcoin’s market resilience remains notable as it navigates macroeconomic pressures. Decline in Decentralized Exchange Volumes: Decentralized exchange (DEX) volumes saw a dramatic contraction, particularly on platforms like Solana, where trading volumes fell from billions to just hundreds of millions. This reduction highlights the broader market's sensitivity to regulatory and economic uncertainties. Persistent Vulnerabilities in DeFi Security: The DeFi sector continued to face security challenges, with approximately $22 million lost in hacks throughout the month. These breaches underscore the ongoing risk associated with smart contract vulnerabilities and the need for improved security protocols. Steady Venture Capital Confidence Amid Volatility: In spite of market turbulence, venture capital investments in blockchain projects remained robust, with multiple eight-figure funding rounds signaling continued faith in the long-term potential of blockchain innovation. This funding activity illustrates that, while short-term market conditions are volatile, institutional confidence in the future of the sector endures. Corporate Adoption of Bitcoin Continues to Grow Michael Saylor’s Strategy buys the dip, acquires more BTC | Source: SaylorTracker   Bitcoin continues to be the cornerstone of the cryptocurrency market, reinforcing its status as the leading digital asset. Its market dominance has inched up to 61.38%, buoyed by significant institutional investments.    Michael Saylor’s Strategy recently acquired 22,048 BTC for roughly $1.92 billion—a move that highlights the strategic positioning of institutional players who are increasingly viewing Bitcoin as a hedge against economic uncertainty. Larry Fink’s recent comments have fueled discussions about Bitcoin’s potential to supplant the US dollar as the global reserve asset, especially in the context of rising national debt and a turbulent macroeconomic landscape.    Additionally, the new venture launched by Trump’s sons, in collaboration with Hut 8 Mining, is set to revolutionize Bitcoin mining by establishing a highly efficient, pure-play mining operation designed for scalability and cost-effectiveness.   Vitalik Buterin Unveils Privacy Pools on Ethereum Source: Vitalik Buterin on X   Ethereum is navigating a challenging landscape defined by both innovation and significant market pressure. Trading at around $1,835, Ether has seen its price nearly halved since the bullish endorsements from figures such as Eric Trump, with technical indicators hinting at a possible decline below $1,500 in the near term.    Despite these downward pressures, Ethereum remains at the forefront of blockchain innovation with the launch of Privacy Pools. This new feature, which has received backing from Ethereum co-founder Vitalik Buterin, aims to facilitate semi-permissionless private transactions while ensuring regulatory compliance.    Nevertheless, the market sentiment remains bearish, as recent on-chain hacks and the broader uncertainty created by US tariff policies continue to weigh heavily on Ethereum's price performance.   XRP’s Funding Rate at -0.14%: Bearishness Ahead? XRP OI-weighted funding rate | Source: CoinGlass   XRP stands out as one of the most volatile altcoins in the market, having experienced a dramatic correction after a significant rally. Once approaching a multi-year high of $3.40, XRP has now corrected by approximately 40% and is trading around $2.10. Technical analysis and sentiment data from futures and margin markets indicate a bearish trend, with the negative funding rate of -0.14% per eight hours underscoring weak investor confidence.    Despite receiving regulatory clarity from the SEC regarding its $1.3 billion securities offering case, XRP’s price action suggests that market participants remain cautious. Historical patterns of XRP, marked by similar corrections, hint that further downside may be on the horizon if bullish sentiment does not eventually reassert itself.   Conclusion March 2025 has proven to be a pivotal month for the cryptocurrency market, marked by significant economic and regulatory developments as well as bold institutional moves. Bitcoin’s dominance continues to solidify its role as the market leader, with significant investments and new mining ventures signaling robust institutional confidence.    Ethereum, while at the forefront of blockchain innovation with its Privacy Pools, faces ongoing challenges from price volatility and market uncertainty. Meanwhile, XRP’s sharp correction reflects broader market hesitations that may persist until investor sentiment improves. As macroeconomic factors such as impending US tariffs and evolving compliance standards take center stage, the coming weeks are expected to further shape the digital asset landscape, offering both opportunities and challenges for investors.   Read more: Bitcoin Faces $90K Resistance as GameStop and Sei Foundation Drive Market Shifts in a $2.85T Crypto Market

The crypto market remains resilient with a $2.85T cap despite declining trading volumes and prevailing investor fear, as indicated by a Crypto Fear and Greed Index reading of 44. Key developments—from regulatory pressures and geopolitical tensions to significant moves by Bitcoin, GameStop, and the Sei Foundation—are shaping a complex and cautious trading environment.   Quick Take  The market cap holds at $2.85T, yet daily trading volume has dropped by 6.87% to $73.05B. The Crypto Fear and Greed Index at 44 reflects a climate of fear amid uncertainty. With significant liquidations and an upcoming $16.5B options expiry, Bitcoin remains a critical market barometer. Regulatory challenges, GameStop's bold Bitcoin strategy, and the Sei Foundation's innovative blockchain ventures are driving market sentiment. Broader economic pressures including trade tensions, tariff escalations, and risk-off sentiments are contributing to market vulnerability. Global Crypto Market Snapshot: $2.85T Cap, $73.05B Volume & Elevated Fear Index Crypto Fear and Greed Index | Source: Alternative.me   The global crypto market currently stands at a cap of $2.85T, marking a modest 0.04% increase over the previous day. Despite this stability, the total 24-hour trading volume has declined by 6.87% to $73.05B, with stablecoins accounting for 97.21% of that volume and DeFi at 7.64%. Investor sentiment remains cautious, as evidenced by the Crypto Fear and Greed Index reading of 44—indicating prevalent fear and uncertainty in the market despite some underlying optimism. These dynamics suggest a trading environment where stability is challenged by liquidity constraints and emotional market drivers.   US Regulatory Scrutiny and Global Trade Tensions: Impact on Crypto Market Liquidity Recent developments across regulatory, geopolitical, and macroeconomic arenas are significantly pressuring the crypto market. In Washington, regulatory scrutiny remains intense: SEC nominee Paul Atkins has faced rigorous Senate questioning regarding his industry ties and potential conflicts of interest, while the US Senate's decisive vote to repeal the IRS DeFi broker rule—expected to be signed into law by President Trump—adds new layers of complexity for decentralized platforms. South Korea’s financial regulator has also intervened by temporarily suspending Upbit’s 3-month partial business ban, and the US SEC has formally dropped lawsuits against major players like Kraken, Crypto.com, Consensys, and Cumberland.   On the macroeconomic front, the landscape is equally dynamic. President Trump has announced plans for the largest tax cuts in history, signaling aggressive fiscal policy shifts. U.S. Q4 data shows mixed signals: the Core PCE Price Index came in at 2.6% (just below expectations), Real GDP rose at an annualized rate of 2.4%—surpassing previous and expected figures—while Real Personal Consumption Expenditures fell to 4%, below both prior readings and forecasts. Adding to the mix, spot gold has hit another record high, reflecting investors’ flight to safe-haven assets amid rising uncertainty.   Industry highlights further illustrate the ongoing volatility and innovation in the crypto space. Hyperliquid experienced a net outflow of $184M following the JELLY memecoin incident, while Ethereum’s official website has launched a new AI Agents feature page. Meanwhile, USDC’s market cap has soared past $60B to reach a new all-time high, and YZi Labs is set to host a hackathon focused on AI and blockchain-driven fintech solutions, offering top projects opportunities for incubation and investment.   Collectively, these regulatory shifts, macroeconomic developments, and industry events are fostering a risk-off sentiment, straining market liquidity and contributing to overall market uncertainty.   Bitcoin Technical Analysis: $90K Resistance and $62.45M Liquidations Bitcoin remains the cornerstone of the crypto market, currently commanding 60.85% of the market cap. However, it is under significant technical pressure, with $62.45 million in net long liquidations recorded over the past 24 hours, signaling heightened vulnerability amid a bearish setup.    The approaching $16.5B options expiry adds another layer of complexity, with Bitcoin's resistance near the critical $90K level closely monitored by traders. This interplay of technical factors and market psychology means that Bitcoin’s price action will likely continue to influence broader market trends, serving both as a bellwether for investor sentiment and a gauge of risk in these turbulent times.   GameStop’s Bold $1.3B Bitcoin Strategy: Convertible Note Sparks Volatility GameStop shares slide after BTC purchase announcement | Source: Google Finance   GameStop has recently captured market attention by announcing a $1.3B convertible note offering designed to fund its ambitious Bitcoin acquisition strategy. Initially, the news generated optimism among investors, as the prospect of bolstering a digital asset treasury appeared promising. However, deeper analysis of the financing structure has sparked concerns over dilution risks, the company's overall business sustainability, and potential short-term instability, leading to pronounced share price volatility.   Read more: Bitcoin’s Struggle at $90K Resistance, GameStop to Buy BTC, and Rising XRP ETF Hopes: Mar 27   Sei Foundation’s DeSci Ambitions: Acquiring 23andMe for On-Chain Genetic Data Source: X   In a groundbreaking move at the nexus of blockchain and biotechnology, the Sei Foundation is considering the acquisition of 23andMe to bring personal genomic data onto a secure, decentralized platform. This initiative intends to safeguard the genetic information of 15 million users by leveraging blockchain technology to enhance privacy and empower individuals with control over their data. Despite the transformative potential of this "bold DeSci bet," it faces significant execution challenges and regulatory uncertainties that stakeholders will need to watch closely.   Read more: Top Decentralized Science (DeSci) Coins to Watch in the Crypto Market   Hyperliquid’s Memecoin Controversy: JELLY Token Exploit and Ongoing Risks Hyperliquid recently found itself in the spotlight after a significant exploit involving the JELLY memecoin, where a crypto whale generated $6.26M in profit and now holds over 10% of the token’s supply. This incident highlights the risks associated with memecoin speculation and market manipulation. Despite automated safeguards that mitigated immediate damage, the event serves as a stark reminder of the volatility inherent in speculative digital assets.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   Conclusion In summary, the crypto market continues to evolve amid a backdrop of regulatory challenges, geopolitical tensions, and significant corporate maneuvers. While Bitcoin’s resilience, GameStop’s innovative yet volatile strategy, and the Sei Foundation’s ambitious foray into blockchain data security offer intriguing opportunities, investors must remain cautious.   Read more: XRP ETF Approval Odds Surge to 84% on Polymarket, Market Eyes $3.55 Target  

The global crypto market shows mixed signals with a slight dip in market cap by 1.06% juxtaposed against a robust 2.41% increase in trading volume, emphasizing the market's dynamic nature. Key developments include Bitcoin’s steady dominance at 60.79%, emerging trends in altcoins like Dogecoin, and significant moves in institutional tokenization as demonstrated by BlackRock’s BUIDL fund.   Key Takeaways Global crypto market cap sits at $2.85T, while 24-hour trading volume has risen by 2.41% to $78.43B. Bitcoin dominance increased marginally to 60.79%, despite failing to reclaim the $100K mark. Dogecoin is on track for a potential 55% rally, and XRP faces technical resistance yet remains buoyed by ETF approval optimism. Hyperliquid’s proactive delisting of JELLY perpetual futures highlights emerging risks in leveraged trading. BlackRock’s BUIDL fund, part of the growing tokenized real-world assets trend, has tripled in value within three weeks. Global Crypto Market Dynamics & Investor Sentiment The global cryptocurrency market is witnessing a dynamic yet cautious landscape. Currently, the market cap stands at $2.85 trillion—a 1.06% decline over the last day—indicating slight short-term pressure amid global economic uncertainties. In contrast, the 24-hour trading volume has surged by 2.41% to $78.43 billion, reflecting heightened trading activity. Notably, stablecoins are the dominant force, comprising 93.82% of the total volume, which underscores a robust investor inclination towards secure, low-volatility assets in turbulent times.    Crypto Fear & Greed Index | Source: Alternative.me   Additionally, DeFi contributes $5.87 billion or 7.48% of the volume, highlighting its increasingly influential role. Amid these figures, the Crypto Fear and Greed Index has dipped to 40, signaling a shift towards fear and caution after a neutral sentiment (47) the previous day—a clear indicator that investors are currently weighing risks more heavily than rewards.   In parallel, macroeconomic factors are adding to the volatility. Renewed tariff announcements from the Trump administration, including a 25% tariff on all auto imports effective April 2, coupled with unexpectedly weak consumer confidence, have rattled risk markets. All three major U.S. stock indices closed lower, and the negative sentiment spilled over into crypto, with Bitcoin briefly dipping below $86,000 and Ethereum falling under $2,000. These developments highlight the interplay between broader economic policies and the crypto market’s short-term price dynamics.   Crypto Market Experiences Regulatory Developments Recent headlines paint a picture of both innovation and turbulence in the crypto space. Hyperliquid made headlines with its proactive decision to delist JELLY perpetual futures, citing “suspicious market activity” that threatened to destabilize its trading environment. This move comes at a time when the regulatory landscape is also tightening, as evidenced by the SEC’s announcement to host four additional crypto roundtables focused on trading, custody, tokenization, and DeFi.    Meanwhile, South Korea’s crackdown on non-compliant VASP apps and new stablecoin initiatives in Wyoming and by Fidelity—further signal that both regulators and industry players are recalibrating strategies in response to evolving market risks.   Additionally, decentralized platforms like Polymarket are under intense scrutiny following controversies over alleged governance manipulation in high-stakes bets, which further emphasize the need for improved oversight and transparency in decentralized prediction markets. These developments suggest that both operational and regulatory changes are set to reshape the crypto ecosystem in the near future.   Bitcoin Price Struggles Even as GameStop Announces $1.3B BTC Purchase Plans Bitcoin remains the cornerstone of the cryptocurrency market, continuing to uphold its status as the flagship asset despite recent headwinds. Currently priced around $87,448, Bitcoin’s dominance has inched up to 60.79%, underscoring its enduring influence even as it struggles to break past the critical $100,000 threshold over the past 50 days.    This price stagnation has become a growing concern among institutional investors, who are increasingly cautious due to Bitcoin’s limited integration into traditional financial systems and persistent regulatory ambiguities.    In a bid to bolster market confidence and institutional adoption, notable corporate actions have emerged, such as GameStop’s strategic move to finance Bitcoin purchases through a $1.3 billion convertible notes offering. Such initiatives highlight a resilient institutional appetite for Bitcoin, even as broader market sentiment remains tempered by both technical and regulatory challenges.   Read more: Pump.fun App Launch, TRUMP +40%, GameStop Soars on Bitcoin Rumors – Feb 17   XRP ETF Odds Surge to 86% on Polymarket XRP ETF approval odds | Source: Polymarket   XRP has experienced a modest rally of roughly 5%, climbing from $2.32 to around $2.44 following the resolution of its long-running legal battle with the SEC. Despite this progress, XRP’s technical outlook remains mixed with bearish patterns suggesting a potential drop if key support levels are breached.    Optimism is, however, circulating around the possibility of an XRP ETF approval, with market participants estimating an 86% probability by year’s end—a development that could redefine its market trajectory.   Dogecoin Gearing Up for a 55% Rally?  Dogecoin is currently the best-performing cryptocurrency among the top 30 by market capitalization, having surged 18% over the past three days. Onchain data indicates that 7% of DOGE’s supply is concentrated at the $0.20 level, a critical point that could either act as resistance or propel a breakout towards a 55% rally if overcome.    The recent price breakout, supported by strategic moves like the launch of “The Official Dogecoin Reserve,” has infused renewed bullish sentiment into the community.   Hyperliquid Delists JELLY Futures Trading After Suspicious Activity Source: X   Hyperliquid has recently taken a firm stance by delisting perpetual futures tied to the JELLY token, citing evidence of suspicious market activity. This decision, which came after a trader’s disruptive $6M short position and subsequent self-liquidation attempt, underscores the platform’s commitment to safeguarding its liquidity pool and users. The Hyper Foundation has promised to reimburse most affected users, a move aimed at restoring confidence amidst operational challenges.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   BlackRock BUIDL Fund Nears $2B Value BlackRock’s BUIDL total asset value | Source: RWA.xyz   Institutional momentum in tokenized assets is on the rise, as evidenced by BlackRock’s BUIDL fund—a tokenized money market fund that has more than tripled in value in just three weeks, reaching nearly $2 billion. This remarkable growth is indicative of a broader trend in real-world asset tokenization, which is attracting significant attention amid Bitcoin’s lack of upward momentum. As regulatory clarity improves, funds like BUIDL are poised to play a crucial role in bridging traditional finance with the digital asset ecosystem.   Conclusion In summary, the crypto market continues to navigate a complex environment marked by incremental declines in market cap, surging trading volumes, and evolving regulatory landscapes. While Bitcoin remains the dominant force, altcoins like XRP and Dogecoin are carving out their own narratives through technical rallies and institutional interest. Developments at platforms like Hyperliquid and innovative institutional strategies such as BlackRock’s BUIDL fund reflect a maturing market that is increasingly intertwined with traditional finance and regulatory frameworks.   Read more: 75% Bitcoin Rally Odds, Ripple’s $125M Judgment, & $5B eToro IPO: Mar 26

Today's crypto market is witnessing transformative developments—from Ripple wrapping up a four-year SEC battle with a $125M judgment adjustment to Bitcoin analysts projecting a 75% chance of new highs. Key movements in Ethereum, Solana ETFs, and institutional tokenization efforts further underscore a dynamic shift in digital asset landscapes.   Quick Take Ripple drops its cross-appeal in its SEC case, solidifying a $125M judgment with significant adjustments to the escrow amounts. Analysts predict a 75% probability that Bitcoin, currently trading around $87K, will hit new highs, with key liquidity zones identified between $84K–$90K. ETH’s price action suggests bearish momentum with the potential to drop toward $1,200 amid diminishing network activity and a return to supply inflation. U.S. regulators may soon approve spot Solana ETFs as multiple asset managers, including Fidelity and Franklin Templeton, file proposals. eToro files for a Nasdaq IPO with a potential valuation over $5B, and CME Group begins testing asset tokenization using Google Cloud’s Universal Ledger. Global Crypto Market Snapshot, Market Mood Improves The global crypto market continues to experience volatility, with fresh data indicating modest growth and shifting investor sentiment. The market cap stands at $2.86 trillion, marking a 0.68% increase over the last day. In contrast, trading activity saw a decline, with the total 24-hour crypto market volume dropping by 11.55% to $76.4 billion.    Crypto Fear and Greed Index | Source: Alternative.me   Notably, stablecoins dominate trading activity, comprising 94.49% of the volume at $72.19 billion, while DeFi transactions account for 7.06% or $5.39 billion. Additionally, Bitcoin’s market dominance slipped slightly to 60.54%, and the Crypto Fear & Greed Index improved to 47—a modest shift from Fear to Neutral sentiment.   Ripple and Trump Media’s Crypto ETFs in the Spotlight Today’s market saw several pivotal events that are reshaping investor sentiment. Ripple Labs has agreed to drop its cross-appeal in its four-year SEC litigation, leaving a modified $125M judgment largely intact.    Meanwhile, Binance intervened after detecting a market maker’s sale of 66 million MOVE tokens, freezing $38M in proceeds and prompting the Movement Network to initiate a buyback program.    In another significant development, Trump Media has partnered with Crypto.com to launch a series of “Made in America” ETFs, a move aimed at tapping into a global investor base and expanding the reach of crypto assets.   Read more: XRP Surges 10% as SEC Set to Drop Ripple Case, Could Reach $4 Soon   Bitcoin’s Bullish Forecast for New ATH Amid Key Resistance Zones BTC/USDT price chart | Source: KuCoin   Bitcoin continues to be the center of attention as it trades around $87K, attracting bullish sentiment from market experts. Network economist Timothy Peterson has highlighted a 75% chance that Bitcoin will reach new highs in the next nine months, based on its current trajectory.    However, on-chain data reveals that critical cost basis levels for whales lie between $84K and $85K, while short positions are emerging in the $88K–$90K range, indicating potential resistance and profit-taking zones. Despite these positive forecasts, bearish on-chain signals and declining whale long positions suggest that any short-term rally might encounter significant selling pressure.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Ethereum Under Pressure at $2,000: Bear Flag Patterns and Supply Dynamics ETH/USDT price chart | Source: KuCoin   Ethereum is facing several challenges as it trades near $2,055. The asset is currently exhibiting a bear flag pattern on its daily chart, which has raised concerns about a possible drop toward $1,200 if key support levels fail.    This technical weakness is compounded by reduced daily transaction counts and record-low fees, which indicate waning demand for block space—a stark contrast to previous periods of high network activity. Additionally, the significant drop in the ETH burn rate, alongside rising supply growth returning to inflationary levels, is putting additional downward pressure on Ethereum’s price trajectory.   Solana ETF Prospects and Institutional Expansion Drive Rally Solana remains a focal point as institutional interest in its ecosystem continues to grow. The Cboe BZX Exchange recently filed for listing a proposed Fidelity Solana ETF, joining similar initiatives by asset managers like Franklin Templeton. Bloomberg Intelligence projects a 70% likelihood that U.S. regulators will approve spot SOL ETFs this year, potentially broadening investor exposure to Solana significantly.    Source: X   Furthermore, BlackRock’s tokenized money market fund, BUIDL, has expanded its operations to the Solana blockchain, further underscoring the network’s rising prominence in delivering institutional-grade digital asset products.   eToro IPO Journey: Navigating Public Markets with a $5B Valuation Crypto-friendly trading platform eToro is gearing up for a major public debut as it embarks on its IPO journey. The company has submitted a registration statement on Form F-1 with the SEC, aiming to list its Class A common shares on the Nasdaq Global Select Market under the ticker “ETOR.”    The anticipated IPO is expected to value eToro at over $5 billion—a significant milestone following previous attempts, including a canceled SPAC merger. The move is further bolstered by strong investor backing from major banks such as Goldman Sachs, UBS, and Citigroup, signaling robust institutional interest in platforms that seamlessly integrate traditional finance with crypto trading.   CME Group & Google Cloud: Pioneering Asset Tokenization with the Universal Ledger Institutional innovation is taking center stage as CME Group partners with Google Cloud to pilot the Universal Ledger, a distributed ledger designed to streamline collateral, margin, and settlement processes within capital markets. The pilot program is slated to begin in 2026 with select capital market participants, marking a potential shift toward more efficient 24/7 trading and wholesale payments.    This initiative reflects a broader trend where traditional financial institutions are increasingly exploring blockchain-based solutions to enhance liquidity and capital efficiency, potentially reshaping the landscape of asset management and tokenization in the process.   Conclusion In summary, today's crypto market developments—from Ripple's legal resolution and Binance's intervention to evolving price dynamics in Bitcoin and Ethereum—reflect an environment of both opportunity and caution. As institutional players increasingly enter the space, innovations like Solana ETFs, eToro’s impending IPO, and CME Group’s tokenization pilot are paving the way for broader market participation. However, investors should remain mindful that digital asset markets are inherently volatile, and market conditions can shift rapidly. It is essential to conduct thorough research and consider potential risks before making any investment decisions.   Read more: Bitcoin at $87K, MicroStrategy's BTC Surge, Trump's Tariff Shift, and XRP's Rebound Shape Market Dynamics: Mar 25

The global crypto market cap has reached $2.85T, recording a 2.02% increase over the last day while total 24-hour trading volume surged by 62.03% to $87.51B, dominated by stablecoins at 95.32%. Key developments—from DeFi protocols troubleshooting critical issues and institutional acquisitions to nuanced technical signals in Bitcoin—are reshaping the market dynamics.   Key Takeaways Global market cap climbed to $2.85T with a significant 62.03% increase in daily trading volume. Bitcoin’s technical indicators hint at a consolidation phase near $87K, with potential to break toward $90K. Despite trading 57% below its all-time high, Ethereum’s market cap of ~$252B exceeds that of major global corporations. XRP is targeting key resistance levels while Solana’s network improvements and ETF expectations bolster its outlook. New ventures such as Trump’s stablecoin and Kraken’s capital-raising plans illustrate continued innovation across the crypto ecosystem. Crypto Market Surges to $2.85T, Daily Volume Up 62%  The overall crypto market now stands at a robust $2.85T—a 2.02% increase over the past day. Total trading volume reached $87.51B in 24 hours, with DeFi contributing $6.65B (7.60%) and stablecoins dominating at 95.32% of the daily volume. These figures indicate an environment of growing liquidity and expanding participation across various segments of the market. Notably, crypto prices have also seen gains, with BTC trading at $87,497 (up 1.64%) and ETH at $2,081 (up 3.77%), complemented by a near-even 24-hour long/short ratio of 50.4%/49.6% and a slight rise in the Fear & Greed Index from 45 to 46.   Crypto Fear and Greed Index | Source: Alternative.me   This surge in market cap and volume highlights the dynamic interplay between traditional market sentiment and crypto-specific trends. As traders navigate these turbulent waters, the increased activity among stablecoins and DeFi assets points to evolving investment strategies and risk appetites within the ecosystem.   Dynamic Market Shifts: Strategy’s BTC Holdings Cross 500K Recent events have underscored the dynamic nature of the crypto market. Softened expectations of reciprocal tariffs have boosted overall market sentiment, with U.S. stocks broadly rebounding and all three major indices rising. Bitcoin briefly surged past $88,500, although its dominance fell by 0.33%, while altcoins generally rebounded.    Notably, DeFi lender Nostra temporarily halted borrowing on two liquid staking tokens after detecting critical price feed issues on the Starknet network. This move, aimed at preventing potential liquidations from mispriced collateral, reflects the broader challenges faced by decentralized protocols in maintaining system integrity under volatile conditions.   Strategy’s BTC purchases | Source: SaylorTracker   Institutional and regulatory dynamics further enrich the ecosystem's narrative. MicroStrategy’s recent acquisition of 6,911 BTC—pushing its cumulative holdings past the 500,000 mark—reinforces a strong trend in institutional adoption.    Concurrently, macroeconomic cues are evident as President Trump urged the Fed to lower interest rates and hinted at tariff reductions, even as he announced a 25% tariff on countries purchasing oil/gas from Venezuela. Additional regulatory developments include Oklahoma’s Bitcoin Reserve Bill passing in the state House, plans for a stablecoin bill to be submitted by the White House, and supportive measures like Kentucky’s Bitcoin Rights Bill.    Industry highlights round out the picture: from Strategy’s significant BTC purchases and Kraken’s early-stage exploration of up to $1B in debt financing, to BNB Chain DEX’s leading weekly volume of $14.336B and growing initiatives by players like CZ and Trump Media Group. These multifaceted developments are collectively reshaping the crypto market, driving both competitive innovation and strategic recalibration across the ecosystem.   Bitcoin Price Sees Consolidation, Momentum Could See Test of $90K BTC/USDT price chart | Source: KuCoin   Bitcoin currently holds a dominance of 60.60%, with its price trading near $87K—a slight decrease of 0.25% over the past day. Technical indicators such as the 21-day moving average at approximately $85,200, combined with recent intraday highs around $88,750, suggest that Bitcoin is in a consolidation phase. This technical buildup may well set the stage for a breakthrough toward the $90K level, as market participants look for clear signs of momentum reversal.   Adding to the technical narrative, Bitcoin’s open interest surged by over $1.5B in the last 24 hours, reflecting increased activity in leveraged positions. This, along with dovish signals from macroeconomic indicators, underscores the resilience of Bitcoin in the face of market volatility—even as the Crypto Fear and Greed Index still points to caution. These factors collectively indicate that while Bitcoin remains robust, traders should be mindful of potential corrections as the asset seeks to consolidate gains.   Why Is Ethereum Price 57% Below its ATH?  ETH/USDT price chart | Source: KuCoin   Ethereum remains a cornerstone of the crypto ecosystem despite trading at roughly $2,063—a level approximately 57% below its all-time high. The network’s market cap of nearly $252B not only underscores its enduring value but also places it ahead of major global corporations such as Toyota and Disney in terms of market valuation. This dichotomy between price performance and underlying value speaks to Ethereum’s critical role as an infrastructure layer for decentralized applications (dApps) and smart contracts.   Moreover, Ethereum’s recent transition to a proof-of-stake model and continuous network upgrades—like the integration of native rollups—enhance its long-term appeal. These innovations are designed to reduce energy consumption and improve scalability, ensuring that Ethereum remains at the forefront of blockchain technology while providing a robust foundation for the rapidly expanding DeFi and NFT sectors.   XRP Getting Ready for Rebound Above $2.50 Support?   XRP/USDT price chart | Source: KuCoin   XRP, currently trading near $2.43, has experienced significant volatility after reaching a seven-year high of $3.39 in January. Despite a nearly 30% drop from its peak, recent bullish technical indicators suggest a potential turnaround. Market analysts are closely watching the $2.50 support level, which is critical for sustaining further upward momentum. A breakthrough above key resistance levels, particularly around $2.77, could signal a robust recovery.   The ongoing legal developments surrounding Ripple’s SEC lawsuit and favorable regulatory hints, such as a new license in Dubai, add further layers of optimism. These factors, combined with a rising Relative Strength Index (RSI) that indicates building bullish momentum, suggest that XRP could be poised for a rebound—provided it stabilizes above the identified support thresholds.   Solana's Surge Takes SOL Price Above $140 Solana’s network fees and TVL in 2025 | Source: DefiLlama   Solana (SOL) is showing signs of recovery amid broader market rallies, trading around $140 following an 8.5% gain on March 24. This rebound is underpinned by an uptick in network activity and rising transaction fees, which signal increasing demand for its blockchain services. Additionally, growing interest from institutional investors and the anticipation of a spot Solana ETF approval further bolster its market outlook.   SOL/USDT price chart | Source: KuCoin   However, despite these positive signals, SOL continues to trade 52% below its all-time high of $295 and has underperformed the broader crypto market over the past two months. Traders remain cautious due to a significant decline in network fees and the lingering impact of earlier market corrections. Nevertheless, with a strong TVL ranking and strategic positioning among key blockchain competitors, Solana appears well-placed to capitalize on renewed investor interest in the near term.   Trump’s World Liberty Financial Launches USD1 Stablecoin In an intriguing development, World Liberty Financial—the crypto venture backed by former President Donald Trump—launched a new USD-pegged stablecoin, USD1, on both the BNB Chain and Ethereum. Although the stablecoin is not currently tradeable, its launch is significant amid ongoing regulatory debates, notably with the pending GENIUS Act aimed at providing clearer guidelines for US stablecoins. This move signals an emerging trend of politically connected entities entering the crypto space, potentially reshaping market dynamics.   The initiative also comes at a time when stablecoin adoption is surging, with active wallets increasing by more than 50% over the past year. As the market continues to mature, the entry of high-profile projects like Trump’s stablecoin could further drive innovation and competition in the digital asset sector. However, market participants should note that regulatory uncertainty remains a key risk factor for such projects.   Kraken Explores $1B Capital Raise Ahead of Potential IPO Kraken is positioning itself for significant growth as it explores a major capital raise ahead of a potential IPO in early 2026. The crypto exchange, which reported $1.5B in revenue in 2024 and cumulative trading volumes of $665B, is reportedly in preliminary talks with major banks like Goldman Sachs and JPMorgan Chase for a debt package that could range between $200 million and $1B. This capital infusion would primarily support Kraken’s expansion into new markets and enhance its multi-asset service offerings.   Kraken’s 2024 financials | Source: Kraken blog   In addition to its financing strategies, Kraken has made a notable acquisition by purchasing NinjaTrader for $1.5B. This move signals the exchange’s commitment to expanding into the derivatives market and diversifying its revenue streams. As Kraken continues to navigate a rapidly evolving regulatory landscape and increasing competition, its strategic initiatives highlight a broader trend of consolidation and innovation within the crypto industry.   Conclusion In conclusion, the crypto market remains highly dynamic, with robust market cap growth, significant trading volumes, and a series of strategic developments shaping its current landscape. While Bitcoin and other major cryptocurrencies exhibit promising technical setups and increasing institutional interest, the market continues to be influenced by macroeconomic factors and evolving regulatory frameworks.