The Bitcoin price continues to lead the market and with each crash, it has taken down the altcoin market with it. Amid this, Ethereum has performed especially poorly, returning to prices not seen since seven years ago. As Donald Trump’s tariff situation rocks the market, the question on everyone’s lips is, where is the Bitcoin price headed from here?

Market Experts Chime In On Bitcoin Price

Crypto market sentiment has tanked to levels not seen in years with the Bitcoin crash into the $ 70,000 territory, and according to many, the battle is far from over. One of the experts who have said that the Bitcoin price could stay low during this time is Alex Guts, CEO of Banxe.

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According to Guts, the BTC price could continue to trade in a tight $72,000-$84,000 range during this time. Looking over for the long-term, the CEO sees “prospects staying bullish as adoption and policy support grow.”

On the same note, while Trump’s policies and tariff wars have caused the markets to tank, expectations remain that this could be good for the markets in the long term. In an analysis shared with NewsBTC, a Bitunix expert analyst pointed out that what the Trump administration is doing is “igniting a regulatory renaissance for crypto.”

He points out that all of the President’s actions since he took office have shown this, especially with his empowerment of crypto leaders. So, despite the market being down now, Trump’s moves could end up igniting further growth for the market.

The Bitunix analyst warns that investors should not allow the news of the tariff wars to cloud their judgment. He outlines that sometimes it is imperative to implement new things in order to fix what is broken, likening it to ‘taking medicine’.

As for where the Bitcoin price could be headed next from here, the expert analyst told NewsBTC:

“Well, the recent price drop in major cryptocurrencies has worried retail investors, but we believe that Bitcoin could potentially reach $117k after the dust settles.”

The Sad State Of Affairs Of ETH/BTC

Despite being the second-largest cryptocurrency in the world, the Ethereum price has performed poorly, especially in comparison to Bitcoin. Looking at the ETH/BTC chart, there seems to be no support in sight as the crash continues.

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So far, Ethereum has fallen to 0.01889 BTC, a level that has not been recorded since 2019. This suggests that Ethereum has completely retraced its gains from the past six years, plunging believers and supporters into deep losses.

For a turnaround for Ethereum, it seems major news would have to come out to propel a recovery. Otherwise, the lack of support suggests that Ethereum holders have more turbulence ahead of them to deal with.

Featured image from Dall.E, Chart from TradingView.com

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think’s probably unfeasible, I’ve done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Despite being considered extremely expensive, the Ethereum blockchain has remained one of the top networks in the dynamic world of cryptocurrencies. However, the leading blockchain has undergone a major shift as its overall transaction fees plummeted significantly to levels not seen in years.

Total Transaction Fees At The Lowest Level In Years

While the crypto sector is shaken by volatility, Ethereum has taken a hit due to the recent developments regarding the network’s overall transaction fees. Over time, ETH’s gas fees have hindered users’ activity because of the high cost, making it difficult to use.

Recent reports from Crypto Miners, an affiliate of Binance, reveal that Ethereum network usage has slowed down, indicating subdued demand for block space. While the lower fees reflect diminishing demand, it also implies slowing momentum across the ETH ecosystem.

Crypto Miners stated that ETH’s transaction fees have dropped to their lowest level since 2020, marking a four-year low. This drop in transaction fees coincides with a decrease in on-chain activity and indications that ecosystem-wide congestion is abating. The development could impact user engagement, DeFi activity, and NFT transactions, especially validators relying on the blockchain.

Using data from IntoTheBlock, a market intelligence and on-chain platform, Crypto Miners highlighted that the fees decreased by around 60% in the first quarter of 2025, dropping to just $208 million by April 4. 

According to the platform, a notable factor in the sharp drop is the emergence of Layer-2 solutions, particularly Base, and the Dencun update, which massively lowered the cost of scaling layers. Presently, the Layer 2 pack is now being led by Base alone, which processes 80+ Transaction Per Second (TPS), cementing its position in the space.

During this period of weak network demand, Ethereum’s price has also plummeted drastically to previous support levels. As reported by Crypto Miners, the altcoin‘s price fell by about 45% in Q1 of 2025, marking its worst-ever first-quarter performance since 2022. 

The ETH/BTC pair further displays the weak performance, dropping to a 5-year low. However, large investors, often referred to as whales, are not deterred and have gathered ETH below the $1,800 level in a resounding show of support.

Next Major For ETH’s Price Pullback

As volatility intensifies, an on-chain analyst named MAC_D has identified crucial price levels for ETH. In the quick-take post on the CrytoQuant platform, the expert highlighted that Ethereum holders’ average cost basis (realized price) is positioned at $2,200. From this, it would appear that most ETH holders are currently losing money.

Meanwhile, the average cost basis of whales holding more than 100,000 ETH is $1,290, which is the next major support level for the altcoin. Should Ethereum drop below this level, MAC_D believes it might not fall below $870. During the Luna crisis in June 2022, this level held firm, forming a low for ETH and signaling a rebound.

Featured image from Unsplash, chart from Tradingview.com

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