Bitcoin, Ethereum, XRP, Dogecoin Dump On Tariff News

Zinger Key Points

Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets.

CryptocurrencyPrice   Gains +/-
Bitcoin BTC/USD$82,025.41-5.1%
Ethereum ETH/USD$1,785.61 -6.5%
Solana SOL/USD$115.31-11.7%
XRP XRP/USD$2.05-4.6%
Dogecoin DOGE/USD$0.1587-8.5%
Shiba Inu SHIB/USD$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:

CryptocurrencyPrice   Gains +/-
Hyperliquid HYPE/USD$11.45-16.3%
Berachain BERA/USD$5.92-16.3%
Pepe PEPE/USD$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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