| Bitcoin Crashes Below $75K Following Trump's Tariffs Trump’s new tariffs on steel and aluminum imports shook global markets, with Wall Street reacting sharply. As a result, China vowed to retaliate with “resolute measures” in response. Bitcoin fell below $75K for the first time in months following the new tariffs, which have also stoked fears of rising debt and economic disruption, especially as OPEC+ urges compliance with oil output quotas. As Trump pushes for a manufacturing boom, several industries remain uncertain about the long-term impact.
XRP's Network Activity Crashes By 65% Following a major rally, XRP is showing signs of slowing down, with on-chain data revealing a 65% drop in daily active addresses. From a peak of 63,389 on January 16th, XRP’s active addresses fell to 22,859 by April 3rd, signaling a sharp decline in network activity. This slowdown follows a period of speculative interest when XRP surged by over 485%. However, this surge led to short-term speculation, with XRP’s realized capitalization jumping from $30.1B to $64.2B, with over 62.8% of the realized cap now held by new investors.
FARTCOIN Rallies Following Bitcoin's Correction FARTCOIN was poised for an uptrend after a 40% correction due to Bitcoin's recent bearish movement. The correction ended on March 31st, and FARTCOIN had risen by 35% from $0.383 on April 1st. FARTCOIN showed signs of reversing its bearish trend, with a bullish crossover between the 20-day and 50-day moving averages on March 28th. The 20DMA provided support, and while the CMF briefly spiked above +0.05, it returned to neutral. The OBV was close to surpassing late February highs, indicating rising buying pressure and a potential bullish reversal.
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