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$ETH Bitcoiners’ ‘bullish impulse’ on recession may be premature: 10x Research A longer-term price opportunity for Bitcoin could emerge, but it may face short-term pressure driven by recession fears, says crypto researcher Markus Thielen. It may be too early for Bitcoiners to start getting bullish over the longer-term impacts of a potential recession on Bitcoin’s price, says 10x Research head of research Markus Thielen. Thielen said in an April 11 markets report that credit spreads continue to widen, indicating that “recessionary concerns may be seeping deeper into the economy.” “Expecting a bullish impulse is too early,” he said. Bitcoin may face short-term headwinds While the long-term effects of a recession could be bullish for Bitcoin BTC $81,457 — due to the monetary easing that typically follows US Federal Reserve rate cuts — Thielen warned that Bitcoin may face headwinds before gaining bullish momentum. “Normally, Bitcoin first sells off when China devalues or the Fed cuts, as the first cut might not be so impactful and also confirms economic weakness,” Thielen told Cointelegraph. Related: Bitcoin ‘significantly de-risked here’ as nearly 80% of cyclical price correction is done — Analyst “This pattern suggests that while a longer-term opportunity may emerge, Bitcoin could still face pressure in the near term,” Thielen said. He added that currency devaluations have also historically been bearish for markets in the short term before being bullish in the long term. It comes amid growing concern among market participants over the weakening US dollar. The US Dollar Index (DXY) is sitting at 100.337, down 2.92% over the past five days, according to TradingView data. Trading resource account, The Kobeissi Letter, said in an April 10 X post, “The US dollar has exited the room. Once again, something is broken.” Meanwhile, BlackRock’s head of digital assets, Robbie Mitchnick, said in late March that Bitcoin would most likely thrive in a recessionary macro environment.

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$BNB BNB Chain’s Rising Momentum BNB Chain is already seeing massive growth. According to DeFiLlama, application revenue on the chain has surged over the past two years—from under $2 million per month in early 2022 to more than $21 million in early 2025. The most recent month saw a record $21.64 million in app revenue. This rapid growth has been driven in part by the rise of memecoins, GameFi, and DeFi protocols, all thriving thanks to BNB Chain’s low fees and developer-friendly environment. The MEXC partnership could push this trajectory further by encouraging even more projects to build on the network. Sarah, Head of Business Development at BNB Chain, emphasized this mission:

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$BTC Bitcoin Dips In Wake Of Tariff Wars — But Don’t Panic Yet, Says Analyst The global tariff war sparked by US President Donald Trump’s blanket 10% tariff on all countries – effective April 5 – continues to escalate, sending shockwaves through global markets. In a sharp retaliation, China has announced an 84% tariff on US imports, following Washington’s move to increase tariffs on Chinese goods to 104%. Bitcoin Shows Weakness Amid Rising Global Tariffs This rising economic tension has injected significant volatility into traditional and digital asset markets, with Bitcoin (BTC) showing signs of weakness amid growing uncertainty. Over the past seven days, Bitcoin has dropped by 9.1%, falling from approximately $87,100 on April 2 to around $76,000 at the time of writing. The weakness isn’t isolated, as altcoins like Ethereum (ETH), Solana (SOL), and XRP have posted double-digit losses, underperforming even the flagship cryptocurrency. Is BTC Heading To $65,000? However, not all experts share this enthusiasm. Commentator Titan of Crypto warned that BTC is approaching a critical inflection point. He shared the following weekly chart showing Bitcoin testing two historically strong support levels – the 50-week simple moving average (SMA) near $73,000, and a 2-year rising trendline around $65,000. Despite conflicting short-term views, a recent Binance Research report emphasized Bitcoin’s underlying strength. The report noted that, despite mounting tariff pressures, BTC’s March 2025 monthly close maintained the asset’s bullish market structure. At the time of writing, BTC is trading at $76,756, down 4.1% over the past 24 hours.

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$BTC Bitcoin, Ethereum Dip as Trump's Tariffs on China Take Effect Bitcoin and Ethereum plunge as the trade war intensifies, triggering $411 million in total liquidations over the past 24 hours. The fallout from this month’s trade policy from the White House continues to hound global markets, including crypto. Bitcoin has dipped 4.1% to $76,550, while Ethereum is down 8.3% over the last 24 hours as President Donald Trump's tariffs on Chinese goods took effect past midnight Tuesday. Ethereum has witnessed the steepest decline on the day among the top 10 largest tokens, trading at its lowest point since March 2023. It comes as Bitcoin briefly fell below the $75,000 level late Tuesday, less than three hours before the tariffs took effect. Bitcoin is down roughly 30% since its January peak above $109,000, right before Trump's inauguration. The crypto market's selloff mirrors broader financial market turmoil as Trump's tariff blitz over the past week has intensified the "trade war" between the world's two largest economies. Asian markets opened sharply lower on Wednesday, with Japan's Nikkei 225 falling 2.6% by the midday break, and Australia's ASX 200 losing 2%. It follows a 1.5% decline in the S&P 500 on Tuesday, bringing its losses since mid-February to nearly 20%, where it is now approaching bear market territory. "We've entered a new era of protectionism, and what's worrying is we still have no more clarity on where it's all going to settle," Hundal argued. "All eyes now will be on how quickly the U.S. can barter new trade and non-trade deals." The market turbulence coincides with key movements in bond and yield markets. The 10-year Treasury yield jumped between 4.2% and 4.4% late Tuesday, representing one of its fastest intraday climbs since World War II. Also, on Tuesday, the first Treasury auction of three-year notes following Trump's Liberation Day witnessed the weakest demand since late 2023. The drop-off for three-year notes has raised concerns about waning foreign investors' appetite for U.S. government debt as the trade

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$ETH Ethereum Network Performance Tumbles As Total Transaction Fees Drops To New Lows 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. 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

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