Bitcoin, Ethereum, XRP, Dogecoin Flatline As Markets Brace For Impact Of Trump Tariffs

Cryptocurrency markets are trading in a tight sideways range on Monday as markets expect the impact of tariff announcements on Wednesday.

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 10.39%. Daily active addresses are down by 11.65%.
• Coinglass data reports $315 million in liquidations over the past 24 hours, $199 million of which were long positions.

Notable Developments:

• Circle Eyes $5 Billion Valuation For Upcoming Initial Public Offering
• BlackRock CEO Larry Fink Says Bitcoin Can Rival Dollar As Global Reserve Currency
• Tom Lee Says ‘We’ve Got The Right Pieces For A Bottom,’ Bitcoin ‘Could Do Well Into Year-End’
• Strategy Acquires 22,048 More Bitcoin For $1.92 Billion, Bringing Total Holdings To 528,185 BTC
• Congressman Buys Up To $600K In Bitcoin ETF After Selling $1 Million In Goldman Sachs Stock: Committee Assignment Could Be Red Flag

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Trader Notes: Altcoin Sherpa notes that Bitcoin’s daily chart still looks good, but that it is “another story” for the weekly chart, implying bearish medium-term sentiment.

Smiley Capital sees “immense signs of strength” for Bitcoin, predicting that $76,000 will hold as the bottom.

More Crypto Online gives a technical outlook, pointing out that key short-term resistance sits at $84,452 and a breakout above that level, although not the most likely scenario, could accelerate a rally.

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• Trump Family To Dive Into Bitcoin Mining After DeFi, Meme Coin Projects

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