Why did the encryption market decrease today? Follow the ceiling of the market while traders flee the risk assets
Bitcoin and other major encrypted currencies such as ETHER, XRP, Solana, Dogecoin and Cardano decreased more than 3 % early on Wednesday as merchants got profits after a strong gathering on Tuesday. According to data from CoingeckoThe total ceiling of the encryption market has decreased more than 4 % over the past 24 hours to 2.73 trillion dollars.
But there is more than a decrease more than just profit. From the global market tensions and the inception of organizational uncertainty to the large moves through bitcoin whales and fresh pressure on symbols of artificial intelligence, the encryption space faces a storm of mixed signals.
Here is a closer look at what really drives the market – and what may come after that.
Investors are still cautious
Bitcoin fell to 83,600 dollars from 84,200 dollars. ETHER and Cardano decreased by up to 5 %, while XRP continued its landmark and could see more losses. However, there was some positive news for XRP holders: PROSTHARES was introduced to get XRP ETFWith the aim of launching on April 30. BNB also decreased about 2 %, as it was currently traded at $ 578.
The latest price movements show that investors are still careful, and avoid risky assets due to global economic challenges and potential changes in Encryption.
Bitcoin sellers slow down
According to Cryptoquant, the large bitcoin holders reduced the sale. Daily sales decreased from 800,000 BTC in late February to about 300,000 BTC now. Many of these investors have already sold their coins confused.
Analyst Ali Martinez indicated that the whales had profits during the last gathering, as more than 29,000 BTC have been sold since April 9. 600 million dollars In short sites you can filter.
Whales decline with the market weakening
There was a decrease in bitcoin accumulation, as its large owners reduce their locations by about 30,000 BTC last week. Meanwhile, global markets showed twice – the stock market in Hong Kong decreased by 2.9 % despite the strong economic growth in China. Continuous trade tensions make investors more disturbing, which also affects encryption markets.
Surprisingly, Stablecoins remain fixed
Stablecoins remained like Tether (USDT) and the United States (USDC) is strong during the market turmoil. Tether is trading at $ 0.9999 with a maximum market of 144.56 billion dollars, while USDC is fixed at one dollar. This stablecoins has become more important as reliable options during unstable times.
Decrease Nvidia Hits Crypto and AI Tokens
The market achieved great success on Tuesday evening after NVIDIA decreased by 8 % to $ 89.10. The fall came after the company announced a $ 5.5 billion fees due to the US government’s ban H20 chip sales To China. As a result, Bitcoin decreased to $ 8,600, and XRP and Cardano followed 2 % and 4 % losses, respectively. He also suffered the coded symbols associated with the Acting.
Powell speech can change the game
Federal Reserve Chairman Jerome Powell is It is scheduled to speak todayThe markets are closely monitoring hints to reduce potential interest rates. Continuous tariff issues and high recession fears have increased pressure on the Federal Reserve.
Some research indicates that the trade war and definitions dating back to the Trump era can help reduce inflation, which may give the Federal Reserve Chamber to reduce prices sooner than expected.
Fears about stagnation grow. While some believe that the risks have already been priced, others warn that more pain may be at the forefront. Bitcoin’s attractiveness as a central origin acquires attention again as traditional markets show instability. Trump’s supportive position on bitcoin can help, but the risks are still high.
Recovery may be on the horizon
A The latest report from Coinbase He explains that the encryption market – with bitcoin decreased – decreased by 41 % of its highest levels in December. The investment capital investment decreased by 50-60 % compared to the peak years from 2021-2022.
However, Coinbase predicts that the market will reach the bottom by mid 2025 and begin to recover in the Q3. They advise investors to stay cautious and flexible, because liquidity weakens and fades the appetite.
The way for Crypto looks rocky, but history shows that the quiet stages often determine the way for the next large movement.
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Common questions
Bitcoin decreased due to the achievement of whale profits, market fears related to NVIDIA, and cautious investor morale amid global uncertainty.
Yes, Proshares applied to obtain ETF XRP aimed at launching April 30, providing the potential upward trend despite the current prices of XRP.
Coinbase predicts healing by the third quarter of 2025 after it reached the middle of the year, which advises cautious optimism amid weak liquidity.
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