Altcoin
Bitcoin +6%, Ethereum +10% Amid Tariff Uncertainty; FARTCOIN Skyrockets +38%, Recovery or Bubble?
Crypto Market Update: Bitcoin, Ether, and other altcoin prices have embarked upon a significant upward trajectory following the recent volatility stirred due to Donald Trump’s tariffs. BTC price witnessed a 6% uptick in the past 24 hours, closing in at the $79K level. Whereas ETH price surged nearly 10% to top $1,500. FARTCOIN price skyrocketed roughly 38% to cross the $0.5 mark.
Now, cryptocurrency watchers are left wondering whether the current upswing is signaling an imminent recovery or is it just a short-lived bubble amid the ongoing market uncertainty fueled by Trump’s tariffs.
Crypto Market Upswing Ignites Recovery Sentiments Among Investors
A couple of market analysts have recently posted on X, asserting that the current upswing suggests that a recovery trend is cooking. Besides, some even believe that the massive correction witnessed recently is just a normal part of bull cycles.
Renowned market trader Conor Kenny has said that the broader “market is recovering pretty nicely,” pointing towards today’s upswing.
Simultaneously, renowned analyst Crypto Rover stated in another X post, “Big corrections are normal during a bull market.” Altogether, with renowned experts showing a strong sense of confidence in the crypto market’s long-term prospects despite the recent volatility, traders and investors sighed in relief amid today’s price pump.
Bitcoin Price: Here’s What Analysts Predict For The Future
Notably, analyst ‘Crypto Rover’ highlighted in another X post that the Bitcoin CME gap came in at $83,887. This statistic basically suggested that while the Bitcoin futures market was closed on weekends, BTC hit $83K, creating a gap on the futures chart.
Historically, traders and investors have seen this gap refilled, indicating price trends eventually return to these levels. Asserting on this factor, the analyst says, “SEND IT BACK HIGHER.”
Intriguingly, BTC price has erased nearly 5% weekly amid crypto market uncertainty brewed due to Trump’s tariffs. However, another renowned market analyst took to X, projecting a bullish outlook for Bitcoin.
Market expert Javon Marks said, “BTC’s MACD confirms and is coming off of another hidden bullish divergence.” This statement revealed that the Moving Average Convergence Divergence, a momentum indicator, is signaling a trend shift to bullish.
In addition, renowned expert ‘Titan of Crypto’ revealed in his X post that “BTC bounced perfectly off the bottom line of the Supertrend indicator on the weekly chart.” This analysis hinted that bulls are again in control as the flagship crypto tested major support on the weekly Supertrend chart and bounced back up.
The abovementioned analysis of Bitcoin’s price chart indicates that a recovery is brewing, although short-term volatility remains the essence of the crypto market.
Ethereum Price Forecast: Here’s What The Latest Metrics Signal
An Ethereum OG rattled traders and investors by dumping 2,000 coins to Kraken despite ETH’s price showing signs of a recovery today. Data from Lookonchain revealed that an OG wallet revived after nearly 7 years of inactivity to dump $3 million worth of coins into Kraken.
The massive selloff conversely set off bearish sentiments, underscoring the loss of market interest and rising selling for Ethereum. Despite major bear markets in the past 7 years, the OG decided not to sell his holdings. However, uncertainty amid Trump’s tariffs saga has left crypto whales and sharks apprehensive.
The current market sentiment for Ethereum in the wake of this aspect is primarily uncertain. Traders and investors are awaiting a clear reversal signal before re-entering into the crypto market.
However, some also believe the recent market dip to be a perfect time to open new positions and capitalize via a buy-the-dip strategy.
Fartcoin Price Overview: Crypto Market Analyst Says Bulls In Control
Data from Nansen suggested that FARTCOIN has secured a prominent spot on investors’ radars in the interim. Some traders are even cashing out big amid roughly 40% gains taken by the meme token intraday.
Simultaneously, renowned market trader RookieXBT took to X, highlighting that the coin’s volume surged whereas the rest of the market fell apart. The latest metrics for the coin signal that a strong recovery sentiment is brewing, although short-term volatility may be witnessed due to broader trends.
Altogether, the current dynamics suggest that the crypto market’s long-term prospects glimmer with optimism and recovery to previous highs is highly possible despite short-term volatility.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.
Avalanche Will Modernize Legacy RTGS Systems
According to an X post, business development expert Olivia Vande Woude remarks that Avalanche will improve current offerings for mainstream finance. Right out the bat, Woude notes that the lowest hanging fruit for AVAX will be changing outdated rails in legacy finance.
Woude argues that rather than a wholesale replacement, an Avalanche integration will improve legacy RTGS systems like SWIFT and Fedwire. Perhaps, the biggest area of improvement will be in conventional post-trade infrastructure bogged down by fragmented reconciliation. Woude notes that the network can introduce real-time finality and liquidity efficiency for post-trade infrastructure.
Large exchange infrastructure is tipped to record seismic changes following an Avalanche integration, says Woude. While CBOE and ICE grapple with execution latency, Woud was Avalanche’s decentralization can reduce slippage for legacy exchanges.
“Avalanche does for finance what fiber optics did for telecom,” said Woude. “It’s replacing outdated rails with real-time, high-throughput, low-latency execution.”
Woude points out in her statement that Avalanche’s tamper-proof infrastructure will improve the batch processing systems employed by traditional custodians. The derivatives markets will receive their fair share of changes, leaning on Avalanche’s collateral optimization and margin logic based on advanced smart contracts.
Amid soaring regulatory changes in the US, traditional financial institutions can unlock new revenue streams in tokenization via blockchain-based integrations.
Benefits Extend To Funding Markets Amid Soaring AVAX Price
Woude highlights the benefits of an integration in short-term funding markets by leaning on its dynamic discounting. Furthermore, the blockchain offers programmable yield analytics designed to revolutionize the operations of repo settlements and liquidity management in funding markets.
An EVM compatibility will allow institutions to still deploy Ethereum-based smart contracts, smoothening the curve for tokenized funds. As the US SEC approves options trading for Ethereum spot ETFs, Avalanche can offer financial institutions permission chains for compliance while offering on-chain derivatives mirroring ETF performance.
“Avalanche isn’t just modernizing financial infrastructure, it’s reprogramming it,” said Woude. “Institutions adopting Avalanche in turn gain a meaningful edge in speed, efficiency, and transparency.”
AVAX price has gained nearly 8% over the last day driven by a broader crypto market rebound and rising institutional adoption for Avalanche. AVAX is trading at $20 while daily trading volumes have spiked by 7% buoyed by bullish chatter around the network.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The memecoin ecosystem has joined the latest revival in the broader market, with the Shiba Inu price now in the spotlight. The memecoin has reset its bearish outlook and will break crucial price milestones in the coming days.
For Shiba Inu, the death cross formation was confirmed on April 6 when the price dropped from $0.00001232 to a low of $0.00001030.
Shiba Inu Price Golden Cross Confirmed
Market data shows that the SHIB price is gradually disappearing from its earlier consolidation trend. At the time of writing, the coin’s price was changing hands for $0.00001249, up by 2.14% in 24 hours.
SHIB recovered after trading at a low price of $0.00001205 to a daily high of $0.00001265 before settling at the current level. This price boost comes as the SHIB burn rate jumped 1000% in early trading, setting the memecoin on a possible revival path.
The SHIB/USDT 4h chart confirms a golden cross pattern for the memecoin. This pattern is formed when the short-term Moving Average switches above the longer-term moving average.
Although this pattern is fully formed on the 4-hour chart, it is yet to form on the daily chart. However, with the current momentum, a confirmed breakout is possible. Already, the token has displaced Hedera and now ranks as the 17th largest cryptocurrency.
Shibarium Catalyst for Price Rebound
Different ecosystem factors can boost the price of Shiba Inu in the long term. One of these factors is closely tied to the outlook of Shibarium and its associated Layer-2 scaling solution.
As reported earlier by CoinGape, the Shibarium 200 million addresses milestone is near. If the network attains this landmark, it will show a clear sign of growing adoption, a move that might boost its token valuation.
Already, Shibarium has broken the 1 billion total transaction milestone. Should the Shiba Inu network continue to record organic growth, its chances of outranking Dogecoin is higher.
Amid the ongoing boost, the question remains how high the memecoin could soar. Drawing on this, a potential SHIB retest of its ATH of $0.00008844 is possible moving forward. While it will require as much as a 710% growth from current levels, SHIB can print this uptick, drawing on its historical trend.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ethereum’s torrid patch is extending into Q2 of 2025, forcing industry players to wade into proffer advice for the largest altcoin. Bankless confounder David Hoffman says a change in network culture will have the biggest impact on the Ethereum price performance.
David Hoffman Wants Ethereum Community To Stop Policing Behaviour
Bankless cofounder David Hoffman has revealed suggestions to improve Ethereum price performance, pointing to a culture and leadership shift in the network. According to an X post, Hoffman says mainstream Ethereum critics are sidestepping the real reason for ETH’s lackluster price performance in recent months.
Hoffman notes that Ethereum’s leadership and its culture of alienating users and builders is to blame for its underwhelming performance. The cryptocurrency executive cited the public exorcism of ETH staking platform Lido Finance and criticism against degenerate traders.
At the time, Lido Finance came under fire from the Ethereum community for regulatory, centralization, and security concerns while degens took flak for spiking gas fees and lack of long-term projects.
He argues that the broad hostility against a class of users plays a big role in the Ethereum price decline. Hoffman notes that the network’s attempt to police behavior on a permissionless chain is the straw that broke the camel’s back. Ethereum price is hanging onto the $1,500 mark after sinking to lows of $1,415 over the last week.
To remedy the situation, David Hoffman is advocating for the Ethereum Foundation (EF) to attract users and builders to the network, demonstrating the spirit of true decentralization.
“If we want ETH to group, the EF and broader community need to start attracting users and builders, not pushing them away with a holier-than-thou culture,” said Hoffman.
Ethereum Price Is Staging A Strong Recovery
Hoffman’s comments come amid a fresh market resurgence for Ethereum price with ETH grabbing a 6% spike over the last day. While ETH price has declined to a 5-year low against Bitcoin, momentum is rising for prices to reclaim $2,000.
One side, backed by community members like Leo Glisic sees a potential upside for Ethereum, driven by a simple investment narrative.
“The play is infrastructure for the future global financial system,” said Glisic. “Ethereum will serve as the settlement and interoperability layer, which is a winner-take-all market.”
However, CryptoCurb is comparing Ethereum to Nokia’s downfall, noting that Solana will displace ETH like Apple to become the largest altcoin. Critics like CryptoCurb and Peter Schiff say the rally is unsustainable and an ETH decline below $1,000 is a possibility.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Expert Outlines Reasons Why Avalanche Will Revolutionize Traditional Finance
Bitcoin Set For Challenge With Two Major Resistance Zones
Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why
Ethereum Slips Below ‘Mayer Multiple’ Level That Preceded Last Rally To $4,000
Shiba Inu Price on The Verge of Breaking $0.00002
Bitcoin Price Volatility Far Lower Than During COVID-19 Crash — What This Means
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Altcoin17 hours agoSolana Meme Coin Fartcoin Price Could Hit $1.29 If It Holds This Key Level
-
Market19 hours agoArthur Hayes Expects Bitcoin Surge if Fed Injects Liquidity
-
Altcoin18 hours agoBinance Issues Important Update On 10 Crypto, Here’s All
-
Market16 hours agoCrypto Whales Position for Gains with DOGE, WLD and ONDO
-
Market15 hours agoSEC Signals Readiness to Rethink Crypto Trading Oversight
-
Market14 hours agoEthereum ETFs See Seventh Consecutive Week of Net Outflows
-
Ethereum24 hours agoEthereum’s True Value? Lower Than You Think
-
Altcoin20 hours agoShiba Inu Burn Rate Explodes 1000%, Can SHIB Price Hit $0.000015?
✓ Share: