{"id":2085,"date":"2025-04-10T15:23:25","date_gmt":"2025-04-10T15:23:25","guid":{"rendered":"https:\/\/pi42.com\/blog\/?p=2085"},"modified":"2025-04-21T14:11:35","modified_gmt":"2025-04-21T14:11:35","slug":"weekly-crypto-market-recap","status":"publish","type":"post","link":"https:\/\/pi42.com\/blog\/weekly-crypto-market-recap\/","title":{"rendered":"Weekly Crypto Market Highlights: Bitcoin Surges Past $82K, XRP ETF Ignites Rally &amp; More"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69efb760c88ed\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69efb760c88ed\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pi42.com\/blog\/weekly-crypto-market-recap\/#weekly-highlight\" >Weekly highlight<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pi42.com\/blog\/weekly-crypto-market-recap\/#market-insight\" >Market insight<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pi42.com\/blog\/weekly-crypto-market-recap\/#upcoming-events-to-watch\" >Upcoming events to watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"weekly-highlight\"><\/span><strong>Weekly highlight<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Bitcoin Surges Past $82K<br><\/strong>Bitcoin rallied sharply amid easing trade tensions, crossing $82,000. The increase comes as markets priced in optimism following Trump\u2019s temporary suspension of new tariffs on non-retaliatory countries.<\/p>\n\n\n\n<p><strong>XRP ETF Launch Spurs Rally<\/strong><br>XRP surged 14.32% to $2.00 after the launch of the XXRP ETF on NYSE Arca. An important step toward establishing XRP as an institutional-grade asset was taken with this move.<\/p>\n\n\n\n<p><strong>Trump Pauses Tariffs, Except on China<\/strong><strong><br><\/strong>President Trump suspended new tariffs for 90 days on all nations except China, which now faces a 125% tariff. The announcement led to a record-breaking rally in U.S. equity markets, with the S&amp;P 500 posting its biggest one-day gain since 2008.<\/p>\n\n\n\n<p><strong>Fed Warns of Stagflation Risks<\/strong><br>FOMC minutes released on April 9 highlighted rising inflation concerns and slowing economic growth, sparking fears of a potential stagflation scenario later in 2025.<\/p>\n\n\n\n<p><strong>$1.8B Liquidated in 48 Hours<\/strong><br>Crypto markets experienced $1.8 billion in liquidations over two days, driven by volatility around U.S. trade policy. Over 560,000 traders were liquidated across exchanges.<\/p>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-7134a2d4 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--1\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"market-insight\"><\/span><strong>Market insight<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p><strong>Bitcoin Technical Analysis and USDT Dominance<br><\/strong>Bitcoin (BTC) bounced nearly 8% from the key support zone around $76,000, triggered by a confluence of technical demand and macro relief after Trump\u2019s tariff comments. The next resistance is at $85,500\u2013$87,300, which includes the 50-day moving average. A breakout above this range could lead to a move towards $90K, while a rejection could result in another retest of the $76K zone. The structure remains neutral until BTC confirms strength above $87K on a daily close.<br><img fetchpriority=\"high\" decoding=\"async\" width=\"602\" height=\"162\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeYW7HjzMxZ1gnBm2_GOMKt6ta-cwXUZxmLiI90iassNJXqL44kJ40gVT0kFB2u4hXbhogLpe_EGvu1jmR7WVvfyS2gzpUieccHq4FmcdwSXEllolqwWd38KAs4q06pax-5GtenqwKqFrbHO7fMwV0?key=Npz0T3GpWDbPNQyKaklc3QCW\"><br><br><br><br>USDT Dominance was rejected at the major 6.12% resistance level and is now trading near 5.62%. This pullback suggests a short-term shift toward risk-on sentiment. However, with dominance still above its 50-day MA, market caution hasn\u2019t fully disappeared. A continued drop in USDT.D would favour bullish momentum in crypto.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXecKA1WiVpslItikaWzLJbIJY4-9RCeKJOGaaMhl-Bx1MWljJTLwCJMriJaVnYHn0_JI3ARsKVQmj_b5-_T_-bKSucsTap2ONylC1Spt4GGO8kJoxiOUWR2vscj4IhJJxcxWFuGjG1e5MaLoGDFkA?key=Npz0T3GpWDbPNQyKaklc3QCW\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfM4g3dkXEFx4Tkm6hYHiik0M9v4GiLbH1Wgsleu20uNflh906HQA0R_doCnBsq4pTVlaITwRJ4aA7Danal1PPhcsTfOUh6IToaA98Y8Qqa-IqpkrtNYL3xc-t7814t_uSrwS5z0r8L3iPReiTvlg?key=Npz0T3GpWDbPNQyKaklc3QCW\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Bitcoin after Tariff Relief | Crypto Live Trading | Pi42 | 10th Apr\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/eO3fMaqmfdA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Watch &amp; Follow our Daily Market insight Live Trading on YouTube<\/p>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-7134a2d4 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--2\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"upcoming-events-to-watch\"><\/span><strong>Upcoming events to watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>US PPI &#8211; April 11, 2025<\/strong><br><br>This indicator measures inflation from the producer\u2019s side and is often a precursor to CPI trends.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US Core PPI m\/m forecast: 0.3% (previous: \u20130.1%)<\/li>\n\n\n\n<li>US PPI m\/m forecast: 0.2% (previous: 0.0%)<\/li>\n<\/ul>\n\n\n\n<p>If PPI comes in lower than expected, it suggests that inflationary pressure is easing at the wholesale level.<\/p>\n\n\n\n<p><strong>AXS Token Unlock\u2014<\/strong>-April 12, 2025<br>The AXS token will be unlocking 9.09 million tokens, equivalent to 5.67% of its circulating supply, totaling $21.73 million. This unlock is a notable event for holders and traders to watch, especially as it spans across 3 allocations and could introduce short-term selling pressure.<br><\/p>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-7134a2d4 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--3\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly highlight Bitcoin Surges Past $82KBitcoin rallied sharply amid easing trade tensions, crossing $82,000. The increase comes as markets priced in optimism following Trump\u2019s temporary suspension of new tariffs on non-retaliatory countries. XRP ETF Launch Spurs RallyXRP surged 14.32% to $2.00 after the launch of the XXRP ETF on NYSE Arca. An important step toward [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":2086,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[246],"tags":[6,10,257],"class_list":["post-2085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-2","tag-crypto-futures","tag-pi42","tag-weekly-crypto-market-recap"],"acf":[],"jetpack_featured_media_url":"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/04\/WhatsApp-Image-2025-04-10-at-16.35.59.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/comments?post=2085"}],"version-history":[{"count":4,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2085\/revisions"}],"predecessor-version":[{"id":2101,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2085\/revisions\/2101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media\/2086"}],"wp:attachment":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media?parent=2085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/categories?post=2085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/tags?post=2085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}