Cryptocurrency Price Action Update

Bitcoin (BTC): Today's price stands at US$76,228.01, with a 24-hour trading volume of US$51,051,897,866. The price has dropped by -5.25% over the past 24 hours and by -10.48% over the past 7 days. With a circulating supply of 19.85 million BTC, Bitcoin's market cap is US$1,513,024,234,107.

Ethereum (ETH): Today's price is US$1,444.81, with a 24-hour trading volume of US$19,143,247,674. The price has fallen by -9.95% over the past 24 hours and by -23.64% over the past 7 days. With a circulating supply of 120.68 million ETH, Ethereum's market cap is US$174,464,560,865.

Ripple (XRP): Today's price is US$1.78, with a 24-hour trading volume of US$5,896,241,783. The price has decreased by -7.31% over the past 24 hours and by -15.42% over the past 7 days. With a circulating supply of 58.27 billion XRP, Ripple's market cap is US$103,938,840,787.

How the Tariff-Induced Crash Could Be a Boon for the Crypto Market

1. Accelerating the De-bubbling of the Altcoin Sector and Aiding Subsequent Market Recovery

The tariff event has come as a "timely rain," occurring at a moment that perfectly aligns with current market sentiment and acting as a powerful catalyst for the de-bubbling of altcoin valuations.

Looking back over the past few months, a flood of projects entered the market with inflated fully diluted valuations (FDVs), significant liquidity mismatches, and valuations that were severely detached from reality.

Now, as the market returns to rationality, it helps to filter out truly valuable projects. Once the market regains its risk appetite, these high-quality assets, which have been through a reshuffling, will actually have greater room for appreciation.

2. Long-term Investment Opportunities in Mainstream Assets Begin to Emerge

A key piece of information from Web3-related activities: several large investors with institutional backgrounds are actively positioning themselves in Bitcoin (BTC). Observing from the perspective of capital flows, we can see that these perceptive "smart money" players are not choosing to sit on the sidelines but are instead boldly seeking out quality chips amidst the market's panic.

For holders with medium to long-term investment strategies, now is an excellent time to reconfigure their mainstream asset portfolios.

3. Rising Expectations of Easing, Creating a Favorable Policy Environment for the Second Half of the Year

Currently, market expectations for the Federal Reserve to cut interest rates in the second half of the year are growing stronger. Compared to previous assessments, the timing of rate cuts may come earlier, and the magnitude of the cuts could be greater. This trend suggests that global liquidity will once again head towards easing, which is undoubtedly a significant boon for crypto assets, a category of assets known for their high volatility and elasticity.

Once market expectations clearly shift, sentiment could quickly recover. The current phase is more like a healthy "de-bubbling + emotional release." Although there is short-term pain, the long-term value has not been destroyed.

Key Focus Areas for the Future Market

1. US CPI Data on April 10th

The upcoming US CPI data on April 10th has become a focal point for the market. If the inflation data exceeds expectations, it means that price pressures are further increasing. To control inflation, the Federal Reserve may further delay interest rate cuts.

2. Bitcoin Halving Countdown (Expected on April 20th)

The Bitcoin halving is a significant event in the cryptocurrency market. The next Bitcoin halving is expected on April 20th, at which point the production of new Bitcoins will be halved.

3. Details of Trump's Policy

The subsequent details of Trump's tariff policy are also crucial. If the tariffs are expanded to sectors such as semiconductors and new energy, it could severely impact the mining machine supply chain, affecting the Bitcoin mining industry and the entire cryptocurrency market ecosystem.

Cryptocurrency Price Action Update

Bitcoin (BTC): Today's price stands at US$76,228.01, with a 24-hour trading volume of US$51,051,897,866. The price has dropped by -5.25% over the past 24 hours and by -10.48% over the past 7 days. With a circulating supply of 19.85 million BTC, Bitcoin's market cap is US$1,513,024,234,107.

Ethereum (ETH): Today's price is US$1,444.81, with a 24-hour trading volume of US$19,143,247,674. The price has fallen by -9.95% over the past 24 hours and by -23.64% over the past 7 days. With a circulating supply of 120.68 million ETH, Ethereum's market cap is US$174,464,560,865.

Ripple (XRP): Today's price is US$1.78, with a 24-hour trading volume of US$5,896,241,783. The price has decreased by -7.31% over the past 24 hours and by -15.42% over the past 7 days. With a circulating supply of 58.27 billion XRP, Ripple's market cap is US$103,938,840,787.

How the Tariff-Induced Crash Could Be a Boon for the Crypto Market

1. Accelerating the De-bubbling of the Altcoin Sector and Aiding Subsequent Market Recovery

The tariff event has come as a "timely rain," occurring at a moment that perfectly aligns with current market sentiment and acting as a powerful catalyst for the de-bubbling of altcoin valuations.

Looking back over the past few months, a flood of projects entered the market with inflated fully diluted valuations (FDVs), significant liquidity mismatches, and valuations that were severely detached from reality.

Now, as the market returns to rationality, it helps to filter out truly valuable projects. Once the market regains its risk appetite, these high-quality assets, which have been through a reshuffling, will actually have greater room for appreciation.

2. Long-term Investment Opportunities in Mainstream Assets Begin to Emerge

A key piece of information from Web3-related activities: several large investors with institutional backgrounds are actively positioning themselves in Bitcoin (BTC). Observing from the perspective of capital flows, we can see that these perceptive "smart money" players are not choosing to sit on the sidelines but are instead boldly seeking out quality chips amidst the market's panic.

For holders with medium to long-term investment strategies, now is an excellent time to reconfigure their mainstream asset portfolios.

3. Rising Expectations of Easing, Creating a Favorable Policy Environment for the Second Half of the Year

Currently, market expectations for the Federal Reserve to cut interest rates in the second half of the year are growing stronger. Compared to previous assessments, the timing of rate cuts may come earlier, and the magnitude of the cuts could be greater. This trend suggests that global liquidity will once again head towards easing, which is undoubtedly a significant boon for crypto assets, a category of assets known for their high volatility and elasticity.

Once market expectations clearly shift, sentiment could quickly recover. The current phase is more like a healthy "de-bubbling + emotional release." Although there is short-term pain, the long-term value has not been destroyed.

Key Focus Areas for the Future Market

1. US CPI Data on April 10th

The upcoming US CPI data on April 10th has become a focal point for the market. If the inflation data exceeds expectations, it means that price pressures are further increasing. To control inflation, the Federal Reserve may further delay interest rate cuts.

2. Bitcoin Halving Countdown (Expected on April 20th)

The Bitcoin halving is a significant event in the cryptocurrency market. The next Bitcoin halving is expected on April 20th, at which point the production of new Bitcoins will be halved.

3. Details of Trump's Policy

The subsequent details of Trump's tariff policy are also crucial. If the tariffs are expanded to sectors such as semiconductors and new energy, it could severely impact the mining machine supply chain, affecting the Bitcoin mining industry and the entire cryptocurrency market ecosystem.