Tariff Tension Grips the Market

DAILY MARKET OVERVIEW

Bitcoin on the Brink

👋 Hey, Crypto Enthusiasts! It’s a choppy day in the markets, and uncertainty is the name of the game.

⚔️ Bitcoin Battles $81,000 Support as April 2 Looms

Bitcoin has struggled to hold its ground in recent days. After last Friday’s sharp drop from $88,000 to $83,000, selling pressure continued into the weekend. As of now, BTC is hovering around $81,000, trying to stay above short-term support.

If that support breaks, the next key zone to watch is between $73,000 and $76,000, a critical level for maintaining long-term bullish structure.

This weakness isn’t just about crypto. The S&P 500 and other risk assets have also taken a hit. Global markets are jittery, and the main reason is the uncertainty building around U.S. trade policy.

⚠️ Why April 2 Matters

President Trump is set to announce a new wave of trade tariffs on April 2, calling it “Liberation Day.” Markets were already shaken last week when he imposed a 25% tariff on all non-American car imports, starting April 2.

There’s growing concern that additional sectors, including commodities, semiconductors, and pharmaceuticals, could also be targeted.

These tariffs, which would be absorbed by U.S. importers, are expected to push inflation higher and could weigh on growth throughout the year. Goldman Sachs now estimates a 35% chance of a U.S. recession in the next 12 months. They also expect inflation to stay elevated, well above the Federal Reserve’s 2% target in 2025.

🟢 Potential Short-Term Boosts

Despite the heavy macro backdrop, several crypto-specific catalysts could support a short-term recovery:

1. GameStop to Buy Bitcoin with $1.3 Billion Raise

On March 27, GameStop confirmed the pricing of a $1.3 billion convertible note offering, set to close on April 1. The company stated it might use some of the proceeds to acquire Bitcoin, according to its investment policy.

If Bitcoin purchases begin immediately, it could trigger a wave of buying pressure.

2. MARA Plans $2 Billion Bitcoin Expansion

Marathon Digital (MARA), the largest public Bitcoin miner, has filed to raise $2 billion in stock. Their goal: add more BTC to their treasury.

The company already holds over 46,000 BTC (roughly $3.8 billion), making it the second-largest publicly traded Bitcoin holder. If this capital is deployed quickly, it could help stabilize price action in the near term.

3. U.S. Eases Crypto Derivatives Rules

In a surprise move, the U.S. Commodity Futures Trading Commission (CFTC) rolled back two policies that previously placed tighter restrictions on crypto derivatives.

Now, assets like Ethereum futures will be treated similarly to other commodities. This reduces friction for financial institutions and signals growing acceptance of digital assets within traditional markets.

Bitcoin remains under pressure, with $85,000 now acting as resistance and $81,000 struggling to hold. The broader market is waiting to see what unfolds on April 2. For now, volatility and uncertainty remain the name of the game.

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SOCIAL SENTIMENT

Market Confidence Cracks

Across Crypto X and trading channels, the mood is tense and uncertain. Most traders are leaning bearish, waiting for more clarity around April 2 and bracing for further downside.

• Short positions are stacking up as many expect Bitcoin to fall below $80,000. The most commonly watched support zone is between $73,000 and $76,000.

However, there is still hope for a bullish reversal if April 2 surprises the market. Should GameStop begin buying Bitcoin immediately after its funding closes and if trade announcements are softer than expected, sentiment could shift quickly.

💢 Community Frustration Is Growing

Beyond just price action, there’s a noticeable sense of frustration within the crypto community.

1. Lack of Quality Projects

Many investors are disappointed by the current wave of low-quality token listings. Both Binance and Coinbase have recently listed several low-cap meme coins, which is being widely criticized as a move driven by short-term hype rather than innovation or utility.

This has led to concerns that even the largest exchanges are chasing volume instead of fostering long-term project growth.

2. Altcoins Are Losing Momentum

Just a week ago, several altcoins were showing promising bottoming patterns on monthly charts. That structure has now broken down with the recent selloff. Most altcoins have not only failed to rally but are now looking weak across multiple timeframes.

As a result, many traders have shifted to a defensive stance, rotating into stablecoins or exiting the market entirely until more favorable conditions emerge.

Outlook: Eyes on May, Caution Until Then

With April shaping up to be a slow and uncertain month, most eyes are now on May. That is when the next Federal Reserve policy statement is expected, potentially offering more macro clarity.

Until then, the focus for most traders is on capital preservation. New setups are harder to find, and the ones that do exist carry higher risk and lower conviction.

In this kind of environment, patience becomes a key trading skill.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Elon Musk Denies Government Use of Dogecoin, DOGE Drops 3%
Musk confirms there are no plans for the U.S. government to use Dogecoin, quelling speculation and sending DOGE down 3.2%.

PumpSwap Hits $2.5 Billion in Volume Just 10 Days After Launch
Memecoin-powered DEX PumpSwap captures major Solana market share, processing over $2.4B in trades since its March 20 debut.

Uniswap App Ranking Plummets Amid Volume and Activity Drop
Uniswap's U.S. app store ranking drops to record lows as user activity and trading volume continue to fall post-election.

Bitcoin Miners Hopeful Under Trump But Struggle With Rising Costs
Despite a favorable political climate, Bitcoin miners face profitability pressures, rising difficulty, and operational cost burdens.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

CryptoRUs – Brace Yourself: More Bitcoin & Crypto Volatility Ahead (31.03.2025 Summary)

Volatility Is Coming – What You Need to Watch This Week

CryptoRUs gives a grounded but cautious look at what’s ahead for Bitcoin and crypto markets. Spoiler: strap in for a wild ride.

Last Week Recap – Good Start, Bad Finish

• Bitcoin touched $88K early in the week but slid back to $82K after… ✅ Trump’s 25% auto tariff shocked markets
  ✅ Inflation came in hotter than expected
  ✅ GDP data failed to impress
  

• Altcoins like SOL, XRP, LINK had strong moves but gave up gains.

Tariff Turmoil – “Liberation Day” Is the Big Catalyst

• April 2nd marks Trump’s so-called Liberation Day with potential new tariffs.

• Markets could swing hard depending on whether Trump dials it back or escalates.

• Reciprocal tariffs from other countries are expected soon after.

Jobs Data Friday – Will Layoffs Show Up?

• Massive layoffs across U.S. departments may start appearing in unemployment numbers.

• A weak jobs report could spook Wall Street even more.

ETF Inflows & Whale Buying – Still Strong

• Despite the drop, long-term holders and whales are still accumulating.

• Bitcoin ETFs posted positive inflows for two straight weeks.

Short-Term Pain, Long-Term Opportunity

• Volatility likely continues through early April.

• True easing (rate cuts, QE) may not come until May or June.

• That’s when CryptoRUs expects the real market recovery to start.

Final Take: Expect a bumpy week ahead. Tariff news and economic data will dominate the headlines. But the fundamentals for Bitcoin remain strong, and the smart money is still buying. Stay patient, stay positive.

Benjamin Cowen – Ethereum: Knocking On The Door (31.03.2025 Summary)

ETH Is “Going Home” – What That Really Means

Benjamin Cowen brings a data-heavy, macro-focused breakdown on where Ethereum stands in the current cycle. Spoiler: it’s not looking bullish... yet.

Ethereum’s Process – Bleeding to Fair Value

• ETH is following a familiar path seen in 2016 and 2019 cycles.

• It usually drops 50–60% from breakdown to “home” (aka fair value).

• ETH’s regression band points to $1,500–$1,600 as the likely landing zone.

ETH/BTC Ratio – Still Falling

• ETH is underperforming BTC significantly.

• Historically, ETH/BTC bottoms only after ETH/USD breaks down - so the worst may not be over yet.

• ETH dominance is back down to 8.4%, near cycle lows.

Macro Matters – QT, Recession Risk, and Inflation

• ETH price behavior is tightly tied to Fed policy.

• Cowen compares today’s setup to 1989–1990: a triple top in the S&P followed by a recession.

• The Atlanta Fed is predicting negative Q1 GDP… not a good sign.

The Death Cross Playbook – A Bounce After the Pain?

• Bitcoin is nearing a death cross, which has often led to temporary bottoms.

• ETH could see a relief rally afterward, but only after a deeper downside.

Sentiment is at Rock Bottom – But That’s a Signal, Too

• Social metrics are near all-time lows.

• ETH “risk” level hasn’t yet hit the .3–.4 band that marked previous bottoms.

• Cowen says we’re almost there - but not quite.

Final Take: Ethereum is deep in its downtrend, slowly grinding toward “home.” Cowen sees this as part of the long-term process. Expect more pain in the short term, but history suggests that when ETH finally bottoms, it sets the stage for the next altcoin cycle.

CRYPTO MEMES

How Recent Price Action Feels