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Newsbtc

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Crypto Analyst Warns Of Volume Drop That Could Trigger 60% Bitcoin Price Crash To $49,000

  • Cryptocurrency analyst Melika Trader has warned of a potential 60% price crash for Bitcoin, with a drop to $49,000.
  • Trader suggests that BTC is currently above a critical support zone, and a drop below $75,000 may lead to a 60% decline.
  • However, only 20% of traders might be affected, as the majority of buying activity occurred below $35,000, according to Trader.
  • CryptoQuant's CEO, Ki Young Ju, claims that BTC's bull market may be over, citing the 'Realized Cap' metric and stagnant Market Cap.

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Crypto-News-Flash

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Digital Gold Isn’t Enough—Dorsey Says Bitcoin Needs Broader Use

  • Jack Dorsey believes that for Bitcoin to succeed, it needs to be cost-effective and time-efficient.
  • He urges the Bitcoin community to focus on its utility as a peer-to-peer payment system to reduce price volatility.
  • Dorsey envisions building simple, accessible experiences to make Bitcoin more practical and user-friendly, offering real competition to traditional payment systems.
  • Bitcoin's decentralized nature could provide BRICS nations with an alternative to the US dollar, reducing reliance on traditional financial systems.

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Coin Telegraph

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Price analysis 4/7: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

  • Bitcoin (BTC) rebounded near $78,000 after dropping below $80,000 due to US stock futures decline.
  • Fear & Greed Index of US stock markets dropped to 4/100, suggesting panic selling and potential for a sharp recovery.
  • Caution advised due to high volatility; Michael Saylor's company halted Bitcoin purchases.
  • S&P 500 Index gapped down, finding support near 61.8% Fibonacci retracement level at 4,884.
  • US Dollar Index bounced off 101 support but faces resistance at 20-day EMA at 103.95.
  • Bitcoin price showed buying near $73,777 with potential to reach $89,000 and $95,000.
  • Ether (ETH) downtrend resumed below $1,754 support, RSI in oversold suggesting a relief rally.
  • XRP (XRP) formed a head-and-shoulders pattern, facing solid selling at $2 with support at $1.77.
  • BNB (BNB) dropped sharply below 61.8% Fibonacci retracement level at $559, with support at $520.
  • Solana (SOL) collapsed below $120-$110 support, with potential downside to $80.

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Crypto-News-Flash

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Crypto News: Standard Chartered Endorses Bitcoin Amid Global Trade Tensions

  • Standard Chartered believes Bitcoin could be a major gainer from rising tariff risks and considers it a hedge against geopolitical shifts.
  • Bitcoin has experienced a 7% decline in the past week and 11% in the past month; however, Standard Chartered remains optimistic about its performance.
  • Bitcoin's resilience during market turmoil has outperformed many top-tier stocks, except for Microsoft and Google.
  • Geoffrey Kendrick, head of digital asset research at Standard Chartered, predicts that Bitcoin could reach $500,000 by 2028.

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NullTX

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BITCOIN PRICE ANALYSIS & PREDICTION (April 7) – BTC Dips to Five-Month Low After Posting Double-Digit Loss Weekly

  • Bitcoin experienced a major price breakdown, losing 8% and dipping to a five-month low of $74.5k.
  • The recent monthly buy near $89k failed to push the price higher, leading to a bull trap and subsequent drop.
  • The daily low is currently serving as support, but Bitcoin is likely to test the $71k - $70k range before stabilizing.
  • Key resistance levels to watch are $81,135, $85,800, and $88,765.

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Livebitcoinnews

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XRP Slides to $1.61—Market Fears a Meltdown

  • XRP plunges 20% to $1.61 amid global sell-off.
  • Trump’s tariff speech sparks $40M XRP dump in hours.
  • XRP faces extreme selling after tariff speech, caused by trade tensions between US and China.
  • Market fears a meltdown as XRP price continues to decline.

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Bitcoinsensus

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April Upcoming ICOs Recap

  • Upcoming ICOs for April include BLINK and GRAFI.
  • BLINK from Blink Game AI offers P2E gameplay combined with AI-powered facial recognition for fair rewards.
  • GRAFI from Grafilab aims to improve blockchain infrastructure for AI with features like Grafi Cloud, Co-Builder, AI App Store, and AI Data Layer.
  • Both projects have their initial token launches scheduled in April, but their long-term success is uncertain due to the current market conditions.

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Coindoo

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Strategy Reports $5.91 Billion in Unrealized Bitcoin Losses for Q1 2025

  • Strategy reported $5.91 billion in unrealized Bitcoin losses for Q1 2025.
  • The company purchased 80,715 BTC for $7.66 billion, but the value dropped by 11.82%.
  • As of April 7, Strategy holds a total of 528,185 BTC, worth over $43 billion.
  • Despite the losses, Strategy remains committed to long-term growth in its Bitcoin holdings.

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Bitcoinist

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New Bitcoin Whales Emerge In Two Months – Institutional Demand Rising Again?

  • Bitcoin is trading around critical demand levels after losing key support at $81,000, leading to bearish momentum across the market.
  • Despite the market decline, recent data from Glassnode shows an increase of 76 new entities holding over 1,000 BTC, suggesting rising institutional demand.
  • Bitcoin is currently trading around $76,000, with the broader market feeling the impact of geopolitical tensions and economic uncertainty.
  • Bitcoin faces challenges in reclaiming lost ground and sparking a recovery rally, while smart money continues to accumulate during this period of weakness.

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Peter Schiff Warns of Crypto Breakdown Amid Trump’s Tariff Fallout

  • Bitcoin lost 5.6% of its value, dropping to $78,769, following Trump's new tariffs.
  • Over $892 million worth of crypto positions were liquidated in the past 24 hours.
  • Ethereum's price fell by 12% to $1,591 due to market slump and investor safety concerns.
  • The Official Trump meme coin experienced a 13.6% decrease, selling at $7.93.

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Coin Telegraph

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Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating

  • Global financial markets tumbled as US equities dropped more than 3%.
  • Rumors of a 90-day tariff pause caused the S&P 500 to momentarily rally, but the rumor was later deemed false.
  • Asian stock markets saw significant declines, with Hong Kong's index suffering a 13% drop.
  • Bitcoin price hit new yearly lows, while BTC whales continued to accumulate.

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Coindoo

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Strategy Halts Bitcoin Purchases Amid Market Crash

  • MicroStrategy, a company known for regularly adding to its Bitcoin reserves, has halted its Bitcoin purchases amid the current market crash influenced by President Donald Trump's tariffs.
  • Between March 31 and April 6, MicroStrategy did not make any Bitcoin purchases, a significant departure from their previous buying pattern.
  • MicroStrategy had made substantial Bitcoin purchases in the past, including acquiring 22,048 BTC for $1.92 billion and 6,911 BTC for $584 million in recent weeks.
  • The company currently holds 528,185 BTC, amounting to an investment of $35.63 billion, and any decision to reduce its Bitcoin holdings could have an impact on the cryptocurrency market.

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Livebitcoinnews

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Binance Integrates Apple Pay and Google Pay for Easier Crypto Purchases

  • Binance announces partnership with Worldpay to enable users to purchase cryptocurrency using Apple Pay and Google Pay
  • Binance adds 18 new payment channels to enhance accessibility and convenience for users
  • Integration of Apple Pay and Google Pay provides easier access to the fiat-to-crypto system on Binance
  • The collaboration aims to expand cryptocurrency access and improve user-friendly crypto interactions

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Altcoin Rally Nears: BlockDAG Prepares for 10 CEX Listings, PEPE Price Outlook Turns Bullish, & Solana Faces Whale-Driven Drop

  • BlockDAG (BDAG) is set to be listed on more than 10 centralized exchanges (CEXs) after a successful presale raising over $212 million, with potential for significant price growth and increased visibility.
  • BDAG is structured for post-launch growth, offering real-world utility with products like the X1 mobile mining app, Beta Testnet, and no-code tools, making it a promising long-term investment in the crypto space.
  • Analysts predict that BDAG could see returns exceeding 3,900% if it reaches the $1 mark, positioning it as a leading candidate among long-term crypto projects.
  • PEPE's price prediction suggests a potential 150% upside if resistance breaks, driven by renewed whale interest despite a recent 15% price decline.
  • Solana (SOL) faces pressure as $46 million in whale sell-offs impact the market, leading to a 12% weekly price decline and heightened volatility.
  • While some technical analysts see potential for Solana to break out of its consolidation range, ongoing whale activity casts uncertainty on its short-term performance.
  • BlockDAG's clear growth trajectory, with upcoming CEX listings and strong fundamentals, sets it apart as a promising option for long-term crypto investors amid market fluctuations.
  • PEPE and Solana encounter resistance and uncertain market conditions in the near term, contrasting with BlockDAG's poised expansion in the altcoin space.
  • Investors seeking potential substantial gains may find BlockDAG's prospects appealing, especially with its low presale price and strategic approach to development and market presence.
  • The altcoin market reflects a mix of caution and opportunity, with BlockDAG emerging as a standout choice for those eyeing long-term growth and value in the crypto sector.

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TheNewsCrypto

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Binance Research Report Highlights Crypto’s Vulnerability Amid 2025 Trade War Turmoil

  • The year 2025 has brought a resurgence of protectionist trade policies, with the United States leading the way under President Trump.
  • The U.S. imposed a new 10% baseline tariff on all imported goods on 'Liberation Day', escalating trade tensions globally.
  • Retaliatory measures have been swift, with countries like Canada and China imposing tariffs in response.
  • This trade war has reignited global trade tensions, putting trade alliances under severe strain.
  • The imposed tariffs have impacted up to 60 countries, raising concerns about inflation and market volatility.
  • Financial markets, including crypto, have seen significant distress, with global crypto capitalization dropping by 26%.
  • Bitcoin and Ethereum have faced considerable drops, showing crypto's vulnerability to macroeconomic shocks.
  • Traditional equities fell, but safe-haven assets like gold surged as investors sought security amid market turbulence.
  • The tariff resurgence has led to increased volatility, with Bitcoin experiencing significant losses and Ethereum's volatility surging.
  • The macroeconomic implications include rising inflation and potential stagflation, impacting GDP and economic forecasts.

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