President Trump's team discusses “broader and higher tariffs” as #BTC , #ETH , and #xrp fall
Bitcoin falls again on Monday after falling 4.29% last week.
Ethereum falls below its daily support of $1,861, indicating more decline.
A pullback is imminent when XRP goes below its 100-day EMA.
Bitcoin (BTC) fell 4.29% last week and fell below $82,000 on Monday. Ethereum (ETH) and Ripple (XRP) fell 9.88% and 12.40%, respectively, after BTC.
The Wall Street Journal (WSJ) reported on Monday that President Trump's administration is mulling “broader and higher tariffs” before Wednesday's reciprocal tariffs deadline. Trump allegedly considers “an across-the-board hike of up to 20%.” According to a Kobeissi Letter on X post, tariff uncertainty continues beyond April 2.
Bitcoin breaks its bottom consolidation limit, showing weakness.
Bitcoin traded between $85,000 and $88,000 till Thursday after breaching and closing above the 200-day EMA on Sunday. BTC closed below its lower consolidation barrier on Friday and fell 5.53% till Sunday. As of Monday, it trades below $82,000.
BTC may correct to $78,258, its next support level.
BTC could extend the recovery to retest the psychological level of $90,000 and the March 2 high of $95,000 if it breaks and closes above the descending trendline (drawn by connecting multiple high levels since mid-January), which roughly coincides with the top boundary of the recent range.
Ethereum falls below its daily support at $1,861.
Ethereum fell 9.88% below its daily support level of $1,861 last week. It was approximately $1,800 on Monday, the start of the week.
ETH may fall below $1,700, a psychological threshold, if it continues.
Alternatively, it might rebound to its broken daily support level of $1,861.
Close below 100-day EMA signals Ripple weakening.
Last week, Ripple fell 12.40% below its 100-day EMA at $2.30. As of Monday, it trades about $2.11.
If it corrects, XRP may fall below $1.96, its next support level.
It may rebound to its broken 100-day EMA at $2.30 if it continues.
$BTC $XRP $ETH
🚨 Crypto Market Downturn - March 31, 2025: What You Need to Know
$XRP
Today, the cryptocurrency market is facing a significant decline due to several factors:
1. Anticipation of New U.S. Tariffs
Investors are bracing for President Donald Trump’s tariff announcement expected on April 2, which has created increased market volatility. As a result, many are shifting their investments towards safer assets like gold, which has recently hit a record high. 🏅
2. Global Market Uncertainty
The first quarter of 2025 has been marked by heightened volatility, particularly with Trump’s return as U.S. President. This has caused major market shifts, including a significant rise in gold prices, while the U.S. dollar is facing its worst performance since the 2008 financial crisis. Emerging market currencies, like the Russian ruble, are gaining traction as a result. 🌍
3. Bearish Technical Indicators
Bitcoin has formed a bearish engulfing candlestick pattern, signaling that the downward trend may continue. Some analysts are predicting a potential drop to $70,000 in April if these conditions persist. 📉
Current Prices (as of March 31, 2025):
Bitcoin (BTC): $81,391 (-2.5%)
Ethereum (ETH): $1,783.81 (-3.28%)
XRP: $2.04 (-6.42%)
🔴 What Does This Mean?
The market is facing a tough time, but these moments often create opportunities for those who stay informed and make smart moves. Be cautious, and make sure to monitor the ongoing political and economic developments.
Stay sharp, and keep an eye on the shifts happening in the market. This could be a good time to adjust your strategy. 💡
#CryptoNews #Bitcoin #Ethereum #XRP #MarketDownturn #CryptoAnalysis
🚀 KyberSwap is coming to Taipei! 🇹🇼
We’re excited to announce our presence at @EthTaipei this April 1–4, 2025!
📍Come meet our Business Development and Marketing team on-site — we’re looking forward to connecting with our amazing community, partners, and fellow builders.
Whether it's to explore collaboration opportunities, discuss KyberSwap’s latest innovations, or simply say hello — we’d love to connect!
Let’s build the future of DeFi together. See you in Taipei! 🫶✨
#BSCTradingTips
Success in crypto trading starts with the right strategies! **#BSCTradingTips** can help traders make the most of Binance Smart Chain’s fast and low-cost transactions. Whether you're scalping, swing trading, or holding long-term, having a plan is key. Always research projects before investing, use stop-loss orders to manage risk, and stay updated on market trends. With new tokens launching frequently, identifying strong fundamentals and utility can give you an edge. What’s your best trading tip for BSC? Share your insights and trade smarter!
#BSCTradingTips
$VIDT /USDT – Breakdown Brewing Below Key Support! 🚨
Current Price: $0.02310 (+4.34%)
Market Summary:
After a sharp intraday push to $0.0273, VIDT has retraced steadily with a series of lower highs. Price is now testing the key $0.0230 support zone, which, if broken, could trigger a deeper correction.
Key Levels:
• Resistance: $0.0246 / $0.0260
• Support: $0.0230 (critical), $0.0216 (24H low)
• 24H Range: $0.02165 – $0.02733
Short Trade Setup:
• Entry Zone: $0.0230 – $0.0233
• Targets:
◦ TP1: $0.0220
◦ TP2: $0.0210
◦ TP3: $0.0202
• Stop Loss: $0.0244
Market Insight:
Volume dropped on the recent bounce while selling pressure intensified near resistance. Bears are eyeing the $0.0230 zone as a breakdown trigger. A close below this level on the 15m chart opens room for momentum shorts.
Pro Tip:
Wait for confirmation via candle close under $0.0230 with rising volume before entering. Consider scaling in with partial size if retested from below.
CTA:
VIDT looks weak near support—breakdown setup loading! Ride the momentum down with discipline—short smart, manage tight!
$VIDT
{future}(VIDTUSDT)
#BSCTradingTips #FTXrepayment #NavigatingAlpha2.0 #TrumpTariffs #BSCUserExperiences
🚀 Crypto Buzz in Hong Kong! 🚀
A recent survey by HKUST reveals that 25% of Hongkongers plan to invest in cryptocurrencies, marking a 6% rise since last year! Despite the FTX collapse, confidence in regulated exchanges is growing, with 20% more respondents feeling secure using them. Bitcoin remains the top choice, with interest surging to over 80%! 📈
However, knowledge gaps persist, especially around tokenized money and CBDCs. Hong Kong continues its crypto journey with initiatives like the "Project Ensemble Sandbox."
What are your thoughts on Hong Kong's crypto future? Share below! 👇
**Crypto Scams Hit Coinbase Users for $46M**
In recent weeks, Coinbase users have reportedly fallen victim to phishing scams, losing up to $46 million. As crypto prices rise, scammers are employing tactics like address poisoning and wallet spoofing to deceive users into sending assets to fake addresses.
A significant theft involved 400 Bitcoin, valued at $34.9 million, from a single wallet. Coinbase is investigating these claims and emphasizes that it never requests login details or fund transfers. Users are urged to enable two-factor authentication and use Coinbase Vault for added security.