empty
09.04.2025 09:22 AM
Another Cryptocurrency Market Crash

Another collapse in the stock markets has also hit the cryptocurrency market. Investors, fearing further declines, began to massively offload digital assets, which triggered a sharp drop in the prices of Bitcoin, Ethereum, and other popular cryptocurrencies. Experts attribute this to growing concerns about a potential U.S. economic recession and the inaction of the Federal Reserve.

This image is no longer relevant

Bitcoin plunged to around $74,500 during the morning session but has since recovered to about $77,400. Ethereum even broke through the $1,400 mark, falling to $1,387, before rebounding to $1,463, where trading is currently taking place.

Panic in the market is being intensified by uncertainty over future U.S. interest rate policy and trade tariffs, which could potentially destabilize the entire global trade system. Despite this, many believe the decline of cryptocurrency is temporary. Analysts point to the persistent interest in blockchain technology and the potential of cryptocurrencies as an alternative investment instrument. However, to restore investor confidence and stabilize the market, the U.S. economy—especially the stock market—needs to stabilize first.

As long as the U.S. stock market continues to tumble, talk of buying in the crypto market remains premature. Investors, fearing further losses in traditional assets, will also sell off crypto as the riskiest asset class to free up liquidity to cover losses elsewhere. Still, it's important to note that this kind of correlation is not constant. In the long term, cryptocurrencies may show greater resilience to external economic shocks, especially if regulatory frameworks are introduced that encourage institutional capital inflows. For now, caution and a conservative approach to investing in the crypto market appear to be the most prudent strategy. It is crucial to closely monitor developments in the U.S. stock market and assess potential risks before making any investment decisions in digital assets.

This image is no longer relevant

Bitcoin Technical Outlook

Buyers are now aiming for a return to the $77,600 level, which would open the way to $79,500, and from there, it's a short distance to $80,500. The furthest bullish target is the local high near $82,100—a breakout above this level would indicate the end of the bear market. If Bitcoin falls, buyers will likely appear around $76,300. A return of the asset below this zone could quickly push BTC toward $75,100, with the final bearish target at $74,100.

This image is no longer relevant

Ethereum Technical Outlook

A firm hold above the $1,495 level opens the path toward $1,549. The furthest bullish target is the local high, around $1,603—a breakout above this level would signal the end of the bear market. In the event of a decline, buyers are expected around $1,434. A move back below this zone could quickly drag ETH toward $1,373, with the furthest bearish target around $1,309.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Time to consider buying XRP?

Bitcoin and Ethereum continue to trade around the same levels, with no significant shifts in market dynamics. If current prices make these assets seem too expensive, perhaps it is worth

Jakub Novak 11:18 2025-07-30 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 30

Bitcoin continues to trade within a narrow sideways channel, and a breakout will determine its next direction. Ethereum is showing the same pattern. Meanwhile, while you're considering whether it's worth

Miroslaw Bawulski 09:05 2025-07-30 UTC+2

Crypto market: buyers setting tone amid trade deals in anticipation of Fed's status quo

The crypto market's Fear & Greed index currently stands at 73 out of 100, indicating a Greed zone and strong buying interest from market participants. Meanwhile, Ethereum (ETH)

Jurij Tolin 14:58 2025-07-29 UTC+2

Demand for Bitcoin and Ethereum remains strong

As we observe corrections in the cryptocurrency market, there are always those who take advantage of the moment and actively buy up discounted assets. According to analytical think tanks, many

Jakub Novak 09:28 2025-07-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 29

Bitcoin corrected by the end of yesterday, testing the $117,500 level, but is already trading above $119,000 today, indicating sustained high demand even during minor pullbacks. Ethereum has also recovered

Miroslaw Bawulski 08:42 2025-07-29 UTC+2

Trading tips for crypto market on July 28 (North American session)

Bitcoin has once again failed in its attempt to test and consolidate above the $120,000 mark, currently dipping back below $119,000. Ethereum has also slightly retreated after attempting to break

Miroslaw Bawulski 14:04 2025-07-28 UTC+2

Bitcoin quickly regained ground

Last Friday, I noted that Bitcoin had touched the $115,000 level, and during today's Asian trading session, we already saw a test of the resistance near $119,800. This highlights

Jakub Novak 09:58 2025-07-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 28

Bitcoin has recovered all of last week's losses and is now just one step away from the $120,000 mark. Ethereum has also seen significant growth, surpassing the $3,900 mark. There

Miroslaw Bawulski 08:29 2025-07-28 UTC+2

The Death Cross EMA condition on Solana confirms that sellers remain dominant despite the potential for temporary strength, Friday, July 25, 2025.

Solana – Friday, July 25, 2025 With the EMA in a Death Cross condition and the RSI (14) in a Neutral Bearish condition, Solana cryptocurrency indicates that sellers are still

Arief Makmur 12:03 2025-07-25 UTC+2

The appearance of divergence in the RSI on Litecoin indicates the potential for limited upside up to its pivot level on Friday, July 25, 2025.

Litecoin – Friday, July 25, 2025 The appearance of divergence between the RSI(14) indicator and Litecoin's price movement indicates the potential for limited upside. The RSI(14) remains in a neutral

Arief Makmur 12:03 2025-07-25 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.