2025-04-02 20:12:45 by Benzinga

Cryptocurrency markets are surging ahead of a crucial tariff announcement by President Trump. CryptocurrencyPrice   Gains +/-Bitcoin BTC/USD $86,692.07+2%Ethereum ETH/USD $1,912.93+0.2%Solana SOL/USD $131.12+3.4%XRP XRP/USD $2.15+0.8%Dogecoin DOGE/USD $0.1740+1.2%Shiba Inu SHIB/USD $0.00001268-0.04%Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 18.6% and daily active addresses growing by 4.7%. Transactions greater than $100,000 are up from 10,147 to 10,387 in a single day. Exchanges netflows are down by 66.4%. Coinglass data reports 107,025 traders were liquidated in the past 24 hours for $236.01 million. Crypto chart analyst Ali Martinez noted that miners have sold 1,500 BTC, worth $127.5 million, in the past week. Notable Developments: Strategic Bitcoin Embrace By US Could Trigger Global Crypto Policy Shift, Says Grayscale Circle’s Revenue Grows, But IPO Filing Shows Falling Profitability AVAX To Outperform Bitcoin, Ethereum, Reaching $250 By 2029: Standard Chartered Ripple’s Stablecoin Gains Momentum As Financial Institutions Embrace RLUSD For Cross-Border Payments Arthur Hayes Predicts Bitcoin To Hit $250,000 By End Of Year Top Gainers: CryptocurrencyPrice   Gains +/-EOS EOS/USD$0.8226+20.4%Raydium RAY/USD$2.04+12.7%DeXe DEXE/USD$14.65+9.2%Trader Notes: Crypto investor Ted Pillows believes no new tariffs or threats could signal a bullish reversal, while new tariffs could mean continued downward momentum. CrediBULL Crypto notes that Bitcoin’s local demand is holding, but the market remains choppy. Michael van de Poppe sees a break above $87,000–$87,500 as the key trigger for BTC to enter price discovery, suggesting today "might be the day crypto finally takes off." Meanwhile, crypto trader CrypNuevo highlights BTC remains trapped below $91,500 and needs a clean breakout to confirm bullish momentum. Read Next:  Bitcoin Reclaims $85,000 Ahead Of Trump Tariff Announcement Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.