Bitcoin’s Volatile Journey Continues: Price Prediction and Recent Developments
As of April 3, 2025, the world of cryptocurrency remains as unpredictable as ever, with Bitcoin (BTC) leading the charge in terms of market cap and volatility. Here’s a closer look at Bitcoin’s recent price movements, potential future targets, and the factors driving its market dynamics.
Bitcoin (BTC) Price Prediction for April 3 and Recent Volatility
Bitcoin price faced strong bearish pressure after reaching a high of $88,500. The downward volatility pushed the BTC price towards $82K. Over the past 24 hours, Bitcoin’s trading volume surged by over 84%, totaling $53.3 billion. In a broader perspective, Bitcoin fell below $100,000 on January 7 and showed a downward trend, reaching lows near $91K on multiple occasions. Recently, the price has faced increased volatility below $90K. Over the last 24 hours, its total market capitalization dropped by 1.36%, settling at $1.64 trillion. Additionally, Bitcoin dropped following Trump’s announcement of a 10% tariff on all goods entering the U.S.
Russia Seeks to Appropriate Over 1,000 BTC in Criminal Case
Russia is looking to appropriate over 1,000 BTC seized in a precedent-setting criminal case. Officials say this case sets a precedent in the Russian Federation for the forfeiture of a large amount of money in the form of digital coins. They have also urged the government to legally regulate the circulation of Bitcoin (BTC) in the country for such purposes. The Federal Bailiff Service (FBS) is developing a mechanism to convert the forfeited BTC into state revenue, working with other institutions on the matter.
Binance’s FDUSD Stablecoin Regains Dollar Peg After Flash Crash
Binance’s FDUSD stablecoin experienced a flash crash, dropping as low as $0.95 and causing limited market panic. The stablecoin, which is specifically issued for trading pairs on Binance and has been a key source of liquidity, briefly de-pegged, sinking to $0.87. However, it has since regained its peg, almost returning to its $1 value. The immediate reason for the de-peg was a statement by TRON’s founder, Justin Sun, claiming the stablecoin issuer, First Digital Trust, was insolvent. This led to market panic and a chaotic dip in the stablecoin’s value. First Digital Trust has since debunked these claims.
Arthur Hayes on Market Chaos: Bitcoin Must Hold $76.5k Until Tax Day
Former BitMEX CEO Arthur Hayes commented on the latest market turmoil, cautioning Bitcoin traders about potential volatility. He stated that if Bitcoin can hold $76.5k between now and US tax day on April 15, then the market may stabilize. This comes as Bitcoin’s price dropped toward $82,000 amid heightened global uncertainty following US President Donald Trump’s tariff announcements.
Bitcoin Price Forecast: Tariff Volatility Sweeps Over $200 Billion from Crypto Markets
Bitcoin price hovers around $83,000 on Thursday after it failed to close above the $85,000 resistance level the previous day. Volatility fueled by Trump’s tariffs swept $200 billion from total market capitalization, liquidating over $178 million in BTC. Despite this price volatility, institutional investors bought the dips as the US spot Bitcoin ETF recorded $218 million in inflows.
