- Bitcoin has demonstrated remarkable stability with just a 1% decline as Nasdaq loses 1,000 points amid Trump tariff effects.
- After suffering brutal 30-40% corrections since January 2025, major altcoins have shown a potential market bottom and coming rebound.
While Wall Street reeled from a massive sell-off triggered by Trump’s tariff announcements, Bitcoin (BTC) and major altcoins showed unexpected resilience. Nasdaq plunged 6% and the S&P 500 fell 5% in a single day, yet BTC dipped only 1%, stabilizing around $82,698.
Bitcoin’s Battle for Stability
Bitcoin has endured a volatile week, swinging between $82,000 and $89,000. The drop from $88,000 to $82,000 coincided with new U.S. tariffs on April 2, but unlike stocks, BTC quickly steadied itself. Analysts are now watching key price levels for signs of a rebound.
According to crypto expert Ali Martinez, Bitcoin must reclaim $90,570, the short-term holder realized price, to confirm a bullish reversal. Until then, the market remains in cautious holding mode.
The first signal that Bitcoin BTC is ready to resume its bull run is reclaiming the short-term holder realized price at $90,570!”
Meanwhile, traders see just a 27.1% chance of a Fed rate cut in May, reflecting skepticism that the Chair, Jerome Powell will ease policies soon. Powell has repeatedly stressed the need for more evidence of cooling inflation before cutting rates.
However, some analysts remain optimistic. Titan of Crypto points to improving inflation data, noting, “#Bitcoin Falling Wedge Pattern forming. Over the next couple of months, CPI and Core PCE are likely to improve, as Trueflation data shows inflation cooling off significantly. Could this set the stage for a strong #BTC bounce by May?”
Altcoins: Is the Bottom Finally In?
Altcoins have suffered far worse than Bitcoin this year, with Ethereum (ETH), Solana (SOL), and others crashing 30-40% since January. Yet, some traders believe the bleeding may finally stop. Crypto analyst Wimar.X highlights a bullish technical pattern that previously triggered 1,000% to 2,000% altcoin rallies.
If history repeats, the current slump could be the last before a major rebound. “FINALLY, #ALTCOINS BULLISH CROSS. Every time this signal flashed, altcoins pumped 1000% to 2000%. Altcoins’ market cap will hit $5 TRILLION this cycle.”
What’s Next for Crypto?
The crypto market is showing resilience, standing firm while traditional finance reacts nervously to tariffs and Fed uncertainty. This suggests investors increasingly view Bitcoin and altcoins as long-term hedges rather than just speculative assets.
Key factors to watch include the Fed’s May 7 decision, where a surprise rate cut could trigger a crypto rally, Bitcoin’s $90,570 resistance, which, if broken, could signal a new bull run, and altcoin momentum, as a rebound in ETH and SOL could lift smaller coins.
For now, crypto’s stability in the face of market chaos hints at its growing maturity, and the potential for a big move ahead. Today, Bitcoin is trading at $84,376.21, up 0.82% in the last 24 hours.
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