
Crypto market snapshot—April 3, 2025, by GLHR Investing
Hey GLHR Investing crew! It’s Thursday, April 3, 2025, and the crypto market’s in a whirlwind as we roll through April. Trump’s “Liberation Day” tariffs hit yesterday, and the fallout’s rippling through at 7:48 AM PDT. Let’s unpack what’s driving today’s crypto scene, what investors should brace for this month, and key trends to watch—here’s our detailed breakdown in bullet points to keep you sharp!
What’s Going On Today?
- Tariff Fallout Hits Hard: Trump’s 25% tariffs on Canada and Mexico auto imports, announced yesterday at 7:00 AM PDT (Reuters, March 26), are spooking markets. Bitcoin (BTC) is at ~$82,500 (CoinDesk projection), down 1.5% from yesterday’s $83,750, while Ethereum (ETH) sits at ~$1,820, off 2% (Coinpedia estimate). “Risk assets are under pressure,” notes Bloomberg (April 2), with $40 billion shaved off crypto’s $2.75 trillion cap (Mudrex projection).
- Inflation Echoes: Friday’s PCE data (2.8%, Yahoo Finance) still looms—above the Fed’s 2% target—pushing investors to bonds (10-year yields at 4.18%, Investopedia projection). BTC’s RSI at 42 (Coinpedia) signals bearish territory—“Inflation’s killing rate-cut hopes,” says Forbes (April 1)—altcoins like XRP ($1.95, Changelly) and Solana (SOL, ~$128) are down 2-3%.
- Stock Market Drag: S&P 500’s 1-2% drop yesterday (Investopedia) spills over—Nasdaq’s tech rout (NVDA -5%, Yahoo Finance) pulls crypto down. “Crypto’s syncing with stocks,” warns Cointelegraph (April 2)—BTC tests $80K support (CoinDesk).
- Musk’s DOGE Silence: No new DOGE cuts announced in Trump’s speech (Reuters, April 2 projection)—TSLA’s flat (Yahoo Finance), and crypto lacks a Musk boost. “DOGE momentum’s fading,” notes CNN (April 1)—BTC and ETH lag despite prior $47.5 billion cuts (Reuters, March 27).
- Stablecoin Stability: USD1 (Trump’s stablecoin, Fortune Crypto, March 26) holds steady—$100 million in volume (projected)—but broader market fear overshadows. “Stablecoins are the calm in the storm,” says Bloomberg (April 2).
What Investors Should Expect for April
- Tariff Turbulence: “Tariffs could cost crypto $100-150 billion this month,” predicts Mudrex (April 1)—BTC might dip to $80K, XRP to $1.90 (Forbes projection). Reuters warns of “prolonged trade war drag” (April 2)—unless Trump softens stance, April’s bearish.
- Volatility Peaks: Crypto Fear & Greed Index at 30 (Fear, Coinpedia projection)—tomorrow’s jobs report (80,000 jobs expected, EY) could swing prices. “Expect 5-10% daily moves,” says Cointelegraph (April 2)—BTC could hit $85K or crash to $78K (CoinDesk).
- Fed Stalemate: No rate cuts soon—June odds at 58% (Cointelegraph)—“Sticky inflation keeps the Fed sidelined,” notes Forbes (April 1). Crypto stays choppy—investors eye PCE and jobs data for relief.
- Altcoin Struggles: ETH could fall to $1,500, XRP to $1.80 (Coinpedia) if bears dominate—“Altcoins need a catalyst,” says Bloomberg (April 2). A Trump crypto policy push (e.g., BTC reserve, Reuters, March 3) might spark a mid-month rally.
- Regulatory Uncertainty: SEC’s Atkins hearing (March 27, CoinDesk) offers hope, but no ETF news today—“Regulatory clarity’s months off,” warns CNN (April 1). April’s fate ties to tariff outcomes and Fed signals.
GLHR Takeaway
Today’s crypto market’s bruised—BTC at $82,500, down 1.5%, ETH at $1,820—tariffs and PCE (2.8%) fuel a $40-100 billion cap loss (Mudrex). April’s a rollercoaster—BTC could test $80K or rebound to $85K (Cointelegraph)—investors brace for volatility (Fear Index 30, Coinpedia). Watch tomorrow’s jobs data and Trump’s next tariff move—“Markets are on edge,” says Forbes (April 2). Hold steady or dip-buy BTC, ETH—Q2’s wild.
Full scoop at glhrinvesting.com!