today's short analysis according to me.

The cryptocurrency market on April 1, 2025, is experiencing bullish momentum, with Bitcoin (BTC) reaching $84,267 after a 3.41% rise in the last 24 hours. Ethereum (ETH) also gained 4.9%, trading at $1,883, while XRP increased by 5.2% to $2.18. Other altcoins, such as Dogecoin (DOGE) and Cardano (ADA), saw over 7% gains.

The total crypto market capitalization has surged by 2.61%, reaching $2.72 trillion. Market activity is driven by anticipation of new U.S. tariffs set to take effect tomorrow, causing investors to reassess their positions.

Analysts predict Bitcoin may enter a consolidation phase in April and May, with reduced selling pressure and a weaker futures market. A significant Bitcoin options trade, where over $1 million was spent on $70,000 put options expiring April 25, suggests some traders are hedging against potential downside risks.

Despite macroeconomic uncertainties, the overall market remains resilient, with investors closely watching regulatory developments and global economic trends.