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Bitcoin, Ethereum, XRP, Dogecoin Dump On Tariff News

Benzinga·04/03/2025 20:17:36
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Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $82,025.41 -5.1%
Ethereum (CRYPTO: ETH) $1,785.61  -6.5%
Solana (CRYPTO: SOL) $115.31 -11.7%
XRP (CRYPTO: XRP) $2.05 -4.6%
Dogecoin (CRYPTO: DOGE) $0.1587 -8.5%
Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%. Transactions greater than $100,000 are down from 10,387 to 10,152 in a single day. Exchanges netflows are up by 19.4%.
  • Coinglass data reports 194,417 traders were liquidated in the past 24 hours for $527.37 million.

Notable Developments:

Top Losers:

Cryptocurrency Price    Gains +/-
Hyperliquid (CRYPTO: HYPE) $11.45 -16.3%
Berachain (CRYPTO: BERA) $5.92 -16.3%
Pepe (CRYPTO: PEPE) $0.056563 -14.7%

Trader Notes: Crypto trader Blockchainedbb eyes a swing long entry after Bitcoin reclaims a key level on the weekly.

She expects BTC to stay range-bound before a potential push past $90,000 by late 2025.

Ted Pillows highlights a Bitcoin Hash Ribbon buy signal, a historically bullish indicator that preceded all-time highs in past cycles.

The last three times this signal appeared, BTC surged to a new all-time high. He predicts this could be another major leg up for Bitcoin if history repeats itself.

CryptoCon noted that this Bitcoin cycle is unfolding more gradually, resembling 2015-2017, rather than the explosive bull runs many expected.

Cryptomist sees $80,000 as the next target but warns of a possible liquidity wick before a breakout to more than $90,000.

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Image: Shutterstock