Market Update

Confirmation of the customs tariff leads to the sale of the market that affects encryption Flash news details

On April 2, 2025, at 10:30 am EST, the announcement of the new definitions at 10 %, 20 % and 30 % has led to sharp sales across global markets, Wallstreeetbulls said on Twitter (Source: W_thejaz, April 2, 2025). Bitcoin (BTC) witnessed an immediate decrease from $ 65,000 to $ 60,000 in the first 15 minutes after the announcement (Source: Coindesk, April 2, 2025, 10:45 AM Et). XRP has also seen a significant decrease, decreased from $ 0.80 to $ 0.72 during the same time frame (Source: Coinmarketcap, April 2, 2025, 10:45 AM Et). The sales process has been more exacerbated due to trading sizes, as the trading volume of 24 hours to $ 25 billion, an increase of 50 % over the size of the previous day of $ 16.7 billion (Source: CryptoCcompare, April 2, 2025, 11:00 am). This event has increased volatility in cryptocurrencies, which reflects the broader economic uncertainty caused by tariff news.

The trading effects of the declaration of immediate and severe tariff were. BTC/USD pair rapidly witnessed a decrease, with a decrease of 7.7 % during the first hour (Source: Tradingview, April 2, 2025, 11:30 am EST). Follow the XRP/USD pair, and decreased by 10 % during the same period (Source: Binance, April 2, 2025, 11:30 am US ES). The market reaction was also evident in increasing trading volumes through multiple commercial pairs, including ETH/USD, which saw an increase in size from 40 % to $ 12 billion (Source: Coingecko, April 2, 2025, 11:00 am EST). The scales on the chain also highlighted the sale of panic, with the number of transactions on the Bitcoin network increased by 20 % to 300,000 transactions per hour (Source: Blockchain.com, April 2, 2025, 11:00 AM EST). Market morale has turned towards aversion to risk, prompting traders to liquidate positions across various asset categories, including cryptocurrencies.

Technical indicators confirmed the declining trend after the tariff was announced. The Relative Power Index of BTC/USD (RSI) has decreased from 65 to 45, indicating the transition to the excessive sale zone (Source: TradingView, 2 April 2025, 11:30 am EST). The Macd/USD Mac/USD also showed a landmark, with the MACD line crossing the signal line at 11:15 AM Et (Source: TradingView, 2 April 2025, 11:15 AM Et). BTC trading volume on main stock exchanges such as Binance and Coinbase increased by 60 % to $ 15 billion in the first hour after the announcement (Source: Binance and Coinbase, April 2, 2025, 11:30 am EST). The Bollinger Bollen ranges of XRP/USD widened significantly, while moving the price towards the lower range, indicating an increase in fluctuations and a decrease in a decrease (Source: TradingView, April 2, 2025, 11:30 am EST). XRP chain scales showed a similar trend, as the number of active addresses increased by 15 % to 250,000, reflecting the increasing market activity (Source: XRPL.org, April 2, 2025, 11:00 am EST).

In the context of developing artificial intelligence, there was no direct news related to the prosecution on this date that would affect the encryption market. However, the broader market morale affected by the declaration of the tariff may affect the symbols associated with the prosecution. For example, distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) have seen long -lived declines with the broader market, with AGIX decreased from $ 0.50 to $ 0.45 and Fet from 0.75 dollars to $ 0.68 during the first hour after customs tariffs (Source: Coinmarkccap, April 2, 2025, 11:30 In the morning, earnings of ear). The relationship between these AI and the main cryptocurrencies such as BTC and ETH remained strong, with a correlation coefficient of 0.85, indicating that artificial intelligence symbols move alongside the broader encryption market (Source: Cryptoquant, 2 April 2025, 11:00 am). While no specific changes in the trading volume AI drive, the total market fluctuations may affect trading strategies in all fields, including those that focus on the assets related to the prosecution. Monitoring the developments of future artificial intelligence and its potential impact on the morale of the encryption market will be very important to determine the chances of trading in the Crypto Crossover space.

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