Crypto Highlights This Week: BTC & Altcoins Rebound After Bloodbath, What’s Happening?

Monicah W

Crypto Highlights This Week: BTC & Altcoins Rebound After Bloodbath, What's Happening?

Crypto Highlights This Week: Bitcoin and other major tokens have finally rebounded after a massive bloodbath witnessed over the past week. BTC price recovered and gained a hold above $84K following a crash to as low as $74K in the past 7 days.

Simultaneously, other tokens like ETH, Solana, and XRP also illustrated a price rebound, keeping investors slightly hopeful about future movements amid macro uncertainty. Following immense macro heat fueled by Donald Trump’s tariffs saga, risk assets have recovered amid a halt on newly imposed tariffs and other developments.

Mentioned below are some of the top crypto market updates reported by CoinGape Media over the past week.

Weekly Crypto Highlights: BTC & Altcoins Recover

As of press time, BTC price exchanged hands considerably above $84K, up by nearly 1.5% in the past seven days. Further, ETH, SOL, and XRP prices gained roughly 2%-7% over the week. This recovery-like movement comes against the backdrop of a stockpile of optimistic developments.

Notably, macro pressure on risk assets like crypto lessened slightly as the U.S. CPI came in cooler than Wall Street expectations this week. US CPI cooled to 2.4% in March, offering the crypto market some relief after turmoil caused by Trump’s Tariff policy.

On the other hand, Donald Trump recently announced that tech products will be exempted from China tariffs. While an already ongoing halt on the newly imposed tariffs has offered the market some relief, this news has further garnered investor curiosity, lessening trade war tensions.

However, BlackRock CEO Larry Fink rattled the broader market recently by warning of a looming U.S. recession soon. Given this happens, cryptocurrencies could leverage substantially as the U.S. Federal Reserve will move to inject more liquidity in order to stimulate the economy.

Other Major Highlights This Week

Additionally, whale activity across the broader crypto market soared remarkably in the past seven days, signaling renewed market interest amid price recovery. CoinGape reported that Ripple whales moved a staggering $414 million worth of XRP over the past week, sparking investor speculations.

Simultaneously, Dogecoin whales were also recorded to have accumulated 1.83 billion DOGE coins over the past week. The massive buying by Dogecoin whales falls in line with 21Shares’ recent filing for a Dogecoin ETF, echoing market optimism.

Another buzz-worthy update over the week includes Japan introducing new crypto regulations, underscoring support for the sector. Mentioned above were the top crypto highlights for this week, which appeared to have considerably impacted investor sentiment globally.

The post Crypto Highlights This Week: BTC & Altcoins Rebound After Bloodbath, What’s Happening? appeared first on CoinGape.

Related Posts

Hedera (HBAR) Surges as Demand Reignites Hopes of a Price Bounce

Hedera’s HBAR has bucked the broader market dip to record a slight 1% rally over the past 24 hours. As of this writing, the altcoin trades at $0.17. 

This upward movement comes amidst signs of a resurgence in new demand for the altcoin, as highlighted by key technical indicators on the daily chart.

HBAR Bullish Trend Gains Strength

Readings from HBAR’s Moving Average Convergence Divergence (MACD) reveal that on April 9, the token’s  MACD line (blue) climbed above its signal line (orange), forming a “golden cross.”

HBAR MACD.
HBAR MACD. Source: TradingView

A golden cross occurs when the MACD line crosses above the signal line, signaling a potential bullish trend and increased buying pressure. This confirms that HBAR’s upward momentum is gaining strength, especially as investors commonly view this pattern as a buy signal.

Moreover, as of this writing, HBAR’s Relative Strength Index (RSI) is poised to break above the 50-neutral line, highlighting the spike in fresh demand for the altcoin. It is currently at 49.17 and remains in an uptrend.

HBAR RSI
HBAR RSI. Source: TradingView

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

At 49.17 and climbing, HBAR’s RSI signals a gradual shift from bearish territory into a more neutral zone. If the altcoin’s RSI continues to rise above 50, it would signal increasing bullish sentiment, driving up HBAR’s value. 

HBAR Eyes $0.19 Amid Strong Buying Pressure

HBAR’s surge over the past day has pushed its price above the key resistance formed at $0.16, which has kept the token in a downtrend since March 30.

With growing buying pressure, the token could flip this zone into a support floor. If successful, it could propel HBAR’s price to $0.19.

HBAR Price Analysis
HBAR Price Analysis. Source: TradingView

However, if traders resume profit-taking, HBAR’s current rally would halt, and the token’s price could fall below $0.16 and decline toward $0.12. 

The post Hedera (HBAR) Surges as Demand Reignites Hopes of a Price Bounce appeared first on BeInCrypto.

Bitcoin Price Enters Risky Zone as Trump’s Crypto Czar blames Biden for missing 4,500% BTC profits

Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales

Bitcoin (BTC) price performed underwhelmingly on Thursday, posting a mild 2% dip before stabilizing at $89,000 while the aggregate market cap rose by 6%. With Bitcoin market dominance down, early media chatter suggests the upcoming White House crypto summit scheduled for Friday, is expected to drive another wave of volatile price action in the days ahead.

Bitcoin Faces Stiff Resistance at $93,000 as Traders Rotate Into Altcoins

Bitcoin (BTC) performance on Thursday was underwhelming despite bullish sentiment across global financial markets, including cryptocurrencies.

BTC price formed a local bottom at $81,400 on Wednesday, before rebounding 14% after the U.S. Secretary of Commerce hinted that Trump may ease the 25% tariffs imposed on Canada and Mexico.

Bitcoin Price Action
Bitcoin Price Action

However, Bitcoin bulls encountered resistance at $92,790, prompting traders to shift capital toward other high-performing assets. The latest charts indicate BTC has since retraced 4% to $88,900 at press time, signaling hesitation ahead of key macro developments.

Bitcoin Market Dominance Dips as Investors Bet on Altcoins Ahead of White House Crypto Summit

When Bitcoin underperforms the broader market, it often signals shifts in investor sentiment and risk appetite. In alignment with recent trends, the upcoming White House Crypto Summit has become a dominant discussion point among traders.

Following the announcement of the U.S. Crypto Strategic Reserve last weekend, altcoins outperformed Bitcoin’s 13% price gain.

Notably, Cardano (ADA) surged 100% within 24 hours of the announcement. Investors now anticipate that if the White House summit delivers favorable regulatory measures or investment plans for the reserve, altcoins could see another explosive rally.

Bitcoin Dominance (BTC.D) | March 6 
Bitcoin Dominance (BTC.D) | March 6

Bitcoin dominance (BTC.D) has plunged 5% since Trump announced the Crypto Strategic Reserve on March 2. On Thursday, BTC.D fell 0.6 percentage points to 61.28%, indicating investors are rotating capital into altcoins, betting that regulatory clarity could fuel short-term gains beyond BTC.

Trump’s Crypto Czar Berates Biden Administration for Missing 4,500% BTC Profits

David Sacks, Trump’s newly appointed Crypto Czar, has criticized the Biden administration for what he calls a massive financial blunder. Sacks pointed out that the U.S. government auctioned off 195,000 BTC over the past decade for just $366 million, missing out on $17 billion in potential profits as Bitcoin surged 4,500% since those sales.

“The Biden administration had a golden opportunity and fumbled it,”

Trump’s Crypto Czar, David Sacks, hinting that over 195,000 BTC that could have been added to US reserves, March 5, 2025. 

With the White House Crypto Summit kicking off within 24 hours, expectations are mounting that the Trump administration could introduce expansive crypto-friendly policies, potentially reshaping U.S. digital asset regulation.

Bitcoin Price Forecast: Death Cross Flashes Short-term Risk Signals as BTC Fails $93,000 Test

Bitcoin price forecast show that BTC currently hovers around $89,112, showing signs of weakness as bearish momentum gains traction. The Super SMA 5-8-13 crossover indicates a Death Cross, with the 5-period SMA ($89,626) slipping below the 8-period ($88,864) and 13-period ($88,171).

This bearish alignment suggests a potential continuation of the downtrend, with BTC at risk of retesting the $80,727 support marked by the Parabolic SAR.

Bitcoin Price Forecast
Bitcoin Price Forecast

Momentum indicators confirm downside risks. The MACD histogram has entered positive territory, yet the MACD line at -934 remains below the signal line at -1,663, suggesting a lack of bullish conviction.

The previous rally failed to breach key resistance, reinforcing sellers’ dominance as volume on the latest red candle suggests strong rejection above $90,000.

A decisive break below $88,171 could trigger cascading sell orders, driving BTC toward $84,000, with $80,727 as the next major support.

However, if bulls reclaim $89,626, Bitcoin could aim for a reversal, targeting $92,500 before challenging $97,500. Failure to reclaim momentum risks accelerated liquidation, reinforcing the bearish structure hinted at by the recent Death Cross.

The post Bitcoin Price Enters Risky Zone as Trump’s Crypto Czar blames Biden for missing 4,500% BTC profits appeared first on CoinGape.