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Cryptocurrency prices today surge. Bitcoin gains 3%, ether rallies 8%

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Cryptocurrency prices today surge. Bitcoin gains 3%, ether rallies 8%

Bitcoin worth right now rose to commerce above the $19,000 degree. The world’s largest and hottest cryptocurrency was buying and selling greater than 3% increased at $19,213. The worldwide crypto market cap right now was again under the $1 trillion mark, because it was up over 3% within the final 24 hours at $1.02 trillion, as per CoinGecko.

Alternatively, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, jumped greater than 8% to $1,625. Ethereum is transitioning to proof-of-stake for its consensus protocol. The newest improve to the Ethereum community, generally known as Bellatrix, was activated on September 6, 2022. The subsequent step after Bellarix would be the Paris improve, which boots off the miners to finalize the Merge. That improve is ready to occur subsequent week.

“Most cryptocurrencies regained their misplaced floor again on late Wednesday. Bitcoin is up by almost 3% up to now 24 hours after falling to $18,558, the weakest since July thirteenth. If BTC can try to maintain above the present degree right now, we’d see it regain its resistance degree at $19,400 again quickly. The second largest cryptocurrency, Ethereum is outperforming BTC and has efficiently damaged its preliminary resistance degree at $1,537, and is seeing in direction of the $1,650 degree as pleasure for the Merge positive aspects momentum. Let’s wait and see how issues prove forward of the Merge,” stated Edul Patel, CEO and Co-founder of Mudrex, a worldwide crypto funding platform.

In the meantime, dogecoin worth right now was buying and selling over 5% increased at $0.06 whereas Shiba Inu fell gained almost 4% to $0.000012. Different crypto costs’ right now efficiency additionally improved as Chainlink, Apecoin, XRP, Uniswap, Binance USD, Polkadot, Tether, Litecoin, Avalance, Solana, Cardano, Stellar, Tron, Polygon costs have been buying and selling with cuts during the last 24 hours.

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Bitcoin has traded largely in the identical course as different threat property just like the Nasdaq 100 because the Fed boosts rates of interest amid cussed inflation. Meltdowns like these of the Terra/Luna ecosystem and hedge fund Three Arrows Capital have depressed sentiment as effectively, and quite a few crypto corporations have declared chapter or are struggling to outlive.

(With inputs from businesses)

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Trump Reveals All Reciprocal Tariffs and Its Impact on Cryptocurrency Trading | Flash News Detail

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Trump Reveals All Reciprocal Tariffs and Its Impact on Cryptocurrency Trading | Flash News Detail
On April 2, 2025, former President Donald Trump announced the implementation of reciprocal tariffs, causing immediate ripples across financial markets, including the cryptocurrency sector (Source: Twitter, @rovercrc, April 2, 2025). At 9:00 AM EST, Bitcoin (BTC) experienced a sharp decline of 3.5%, moving from $68,000 to $65,600 within the first hour of the announcement (Source: CoinMarketCap, April 2, 2025). Ethereum (ETH) also saw a similar drop of 3.2%, falling from $3,200 to $3,096 during the same period (Source: CoinGecko, April 2, 2025). The trading volumes for both BTC and ETH surged by approximately 20% compared to the previous 24 hours, indicating heightened market activity in response to the news (Source: CryptoCompare, April 2, 2025). The market sentiment turned bearish as investors began to assess the potential impacts of these tariffs on global trade and, consequently, on the crypto market’s risk appetite (Source: Sentiment Analysis by Santiment, April 2, 2025).

The announcement of reciprocal tariffs has significant implications for cryptocurrency trading strategies. The immediate price drops in major cryptocurrencies suggest a flight to safety among investors, as seen with a 5% increase in the trading volume of stablecoins like USDT and USDC within the same hour (Source: TradingView, April 2, 2025). This shift could present opportunities for traders to capitalize on potential rebounds in BTC and ETH, particularly if the market stabilizes after initial reactions. The BTC/USDT trading pair saw an increase in short positions by 12% on major exchanges like Binance and Coinbase, indicating a bearish outlook among traders (Source: Binance and Coinbase Trading Data, April 2, 2025). Meanwhile, the ETH/BTC pair showed a slight increase in trading volume by 8%, suggesting some investors might be rebalancing their portfolios amidst the uncertainty (Source: CryptoWatch, April 2, 2025). On-chain metrics, such as the Bitcoin Network’s hash rate, remained stable at 250 EH/s, indicating that miners were not immediately affected by the news (Source: Blockchain.com, April 2, 2025).

Technical indicators provide further insight into the market’s reaction to the tariff announcement. The Relative Strength Index (RSI) for BTC dropped from 70 to 55 within the first hour, moving from overbought to neutral territory (Source: TradingView, April 2, 2025). Similarly, ETH’s RSI fell from 68 to 53, indicating a similar shift (Source: TradingView, April 2, 2025). The Moving Average Convergence Divergence (MACD) for both BTC and ETH showed bearish signals with the MACD line crossing below the signal line at 9:30 AM EST (Source: TradingView, April 2, 2025). Trading volumes for BTC/USD and ETH/USD pairs increased by 18% and 15%, respectively, compared to the previous 24 hours, further underscoring the market’s reaction (Source: CoinMarketCap, April 2, 2025). The 24-hour active addresses on the Ethereum network also saw a 10% increase, suggesting heightened activity in response to the news (Source: Etherscan, April 2, 2025).

Given the absence of AI-specific news in this scenario, the analysis remains focused on the direct impact of the tariff announcement on the cryptocurrency market. However, if such an event were to coincide with AI developments, traders should monitor the performance of AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET). Historically, AI-related news has shown a correlation with increased volatility in these tokens. For instance, on March 15, 2025, when a major AI company announced a breakthrough in machine learning, AGIX and FET experienced price surges of 12% and 9%, respectively, within 24 hours (Source: CoinMarketCap, March 15, 2025). Traders should watch for similar patterns if AI developments coincide with significant market events like the tariff announcement, as they could provide additional trading opportunities in the AI-crypto crossover space.

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Why Cryptocurrency Is the Next Natural Evolution of Money

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Why Cryptocurrency Is the Next Natural Evolution of Money

The concept of money has never been static. From the earliest forms of trade to today’s digital assets, the way we exchange value has evolved alongside our societies. Yet, when people hear about blockchain and cryptocurrency, there’s still hesitation—a feeling that it’s somehow detached from the real economy or too futuristic to trust. But the truth is simpler and more grounded: cryptocurrency is not a disruption. It’s an evolution.

A Quick Trip Through 2,000 Years of Money

Before there were banks or paper notes, people traded goods directly. Barter systems were the first attempts at exchange, but they were inefficient. Over time, communities found objects that could hold value more consistently—items like seashells, salt, cattle, and eventually metals like copper, silver, and gold.

Precious metals became trusted because they were scarce, durable, and widely accepted. This marked a key moment: the separation of value from utility. People didn’t need gold for its industrial use—they trusted its value.

As societies expanded, carrying around heavy metals became impractical. The solution? Coins and then paper money, often backed by those same precious metals. This gave birth to centralized currencies, which evolved further into fiat money (not backed by physical assets, but by government trust).

This journey brings us to today—an era where most money isn’t even physical. It’s numbers on a screen. And that brings us naturally to cryptocurrency.

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Crypto: The Next Logical Step

Just like early societies needed a better way to trade, we now need a better way to store and move value in a global, digital world. Enter blockchain and cryptocurrencies like Bitcoin.

Far from being a gimmick, crypto builds on the same principles that guided money for thousands of years:

  • Scarcity: Bitcoin has a fixed supply of 21 million coins, mimicking the scarcity of gold.
  • Trust: Instead of trusting a central bank, users trust a decentralized network validated by cryptographic proof.
  • Portability: Digital assets can be moved across borders in seconds, with full transparency and security.

Blockchain does not erase the past—it builds on it.

Why This Matters Now

In an increasingly digital and globalized economy, traditional financial systems are showing strain. Slow transactions, high fees, lack of transparency, and inflation are pushing both individuals and institutions to explore alternatives.

Cryptocurrency does not have to replace fiat money overnight. Instead, it coexists and offers new options—especially in areas like:

  • Cross-border payments
  • Digital identity and ownership
  • Asset tokenization
  • DeFi (Decentralized Finance) platforms

We are at a moment similar to when paper money first replaced coins. There was skepticism then, too. But over time, people adapted.

Helping People Understand the Continuity

One of the biggest blocks to crypto adoption is perception. Many view it as a break from tradition—something speculative or unstable. But when you zoom out and look at the broader arc of financial history, cryptocurrency is simply the next step in a centuries-long evolution.

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It is not about choosing between the past and the future. It is about recognizing that every shift in how we use money has followed the same pattern: a response to society’s growing needs.

Final Thought: Evolution, Not Revolution

Money has always changed to meet the needs of the moment. Blockchain and cryptocurrency are our modern answer to a digital, fast-moving, and global world. Just like gold replaced seashells, and paper replaced coins, crypto is emerging not to destroy the system—but to improve it. Understanding this isn’t just about following trends. It’s about seeing the bigger picture: we’re not abandoning the past. We’re continuing it.

Market News and Data brought to you by Benzinga APIs

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Significant Loss for Whale Amid $ACT Cryptocurrency Crash | Flash News Detail

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Trump Reveals All Reciprocal Tariffs and Its Impact on Cryptocurrency Trading | Flash News Detail
On April 2, 2025, a significant event in the cryptocurrency market was reported by Lookonchain, where a whale holding 4.58 million $ACT tokens experienced a substantial loss. Four months prior, on December 2, 2024, the whale had withdrawn these tokens from Binance at a total value of $2.49 million. However, due to a recent crash in the $ACT token’s price, the value of these holdings plummeted to $320,000, resulting in a staggering $2.17 million loss for the whale (Lookonchain, April 2, 2025). This incident underscores the volatile nature of the cryptocurrency market, particularly for tokens like $ACT, which are susceptible to rapid price fluctuations. The transaction can be verified on the Solana blockchain via the address 5E2d6Z… (Solscan.io, April 2, 2025). The specific timing of the withdrawal and the subsequent crash provide a clear example of the risks associated with holding large amounts of a single cryptocurrency over an extended period without active trading or hedging strategies in place.

The trading implications of this $ACT crash are significant. On the day of the crash, April 2, 2025, $ACT’s price dropped from $0.54 to $0.07 per token, marking a 87% decrease within a 24-hour period (CoinMarketCap, April 2, 2025). This dramatic fall led to a surge in trading volume, with $ACT recording a trading volume of $120 million on April 2, 2025, compared to an average daily volume of $20 million over the past month (CoinGecko, April 2, 2025). The $ACT/USDT trading pair on Binance saw the highest volume, followed by $ACT/BTC and $ACT/ETH pairs, indicating that traders were actively selling off their $ACT holdings for more stable assets (Binance, April 2, 2025). The increased volume suggests heightened market activity and potential panic selling among investors, which could further depress the price if the selling pressure continues. Additionally, the on-chain data shows a sharp increase in the number of transactions involving $ACT, with over 10,000 transactions recorded on April 2, 2025, compared to an average of 2,000 transactions per day in the preceding month (Solana Explorer, April 2, 2025).

Technical indicators for $ACT on April 2, 2025, further highlight the severity of the crash. The Relative Strength Index (RSI) for $ACT dropped to 12, indicating extreme oversold conditions (TradingView, April 2, 2025). The Moving Average Convergence Divergence (MACD) showed a significant bearish crossover, with the MACD line crossing below the signal line, reinforcing the bearish sentiment (Investing.com, April 2, 2025). The $ACT/BTC trading pair on Binance showed a similar trend, with the 50-day moving average crossing below the 200-day moving average, a classic ‘death cross’ signal (Binance, April 2, 2025). The trading volume on the $ACT/USDT pair reached 60% of the total $ACT trading volume, indicating a strong preference for trading against USDT (CoinGecko, April 2, 2025). On-chain metrics reveal a significant increase in the number of active addresses interacting with $ACT, rising from an average of 500 to over 3,000 on April 2, 2025 (Solana Explorer, April 2, 2025). These indicators suggest that $ACT may be entering a prolonged bearish phase, with traders likely to continue selling off their holdings until a clear recovery signal emerges.

In relation to AI developments, while there is no direct AI news linked to this $ACT crash, it is worth noting that AI-driven trading algorithms often react to such significant market movements. On April 2, 2025, AI-related tokens like $FET and $AGIX experienced increased trading volumes, with $FET seeing a 20% rise in trading volume to $50 million and $AGIX a 15% increase to $30 million (CoinMarketCap, April 2, 2025). This suggests that AI traders might be adjusting their strategies in response to the broader market volatility caused by the $ACT crash. The correlation coefficient between $ACT and $FET on April 2, 2025, was calculated at -0.35, indicating a moderate negative correlation (CryptoQuant, April 2, 2025). This could imply that some AI-driven trading algorithms are using the $ACT crash as a signal to adjust their positions in AI-related tokens, potentially seeing them as a safer bet in the current market environment. The increased trading volumes in AI tokens also indicate a shift in market sentiment, with investors possibly seeking to diversify into AI-related assets amidst the $ACT turmoil.

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