Pumpswap brings money while Trump prices weigh on the BTC price

By James Van Stratotn (at all times and unless otherwise indicated)

With increasing trade tensions, Asian and European actions extended the drop from last week. The Nikkei 225 of Japan fell by 4%, the taking in correction territory after having abandoned more than 10% of its record and European indexes, in particular the FTSE 100, Dax and CAC 40 opened its doors in red alongside the fall in US stock contracts.

The backdrop is the new prices of President Donald Trump, who should be revealed in the world on April 2 in an event that he nicknamed the “Liberation Day”. The president plans to impose samples and prices on any country deemed to have an unfair commercial relationship with the United States

“You would start with all the countries, so let’s see what’s going on,” said Trump, according to Financial Times. His words suggest that even if the prices can initially apply widely, he is open to making concessions for some countries, said the FT.

On Friday, American actions dropped after a warmer reading than expected in the inflation of the basic PCE, the favorite inflation gauge of the Federal Reserve. The uncertainty of the market can persist with the report on American jobs due on Friday. Economists provide that the unemployment rate reaches 4.2%, while the non -agricultural payroll is scheduled for 128,000, against 151,000 in the previous month.

Gold comes together on the back of this uncertainty, exceeding $ 3,100 for the first time – up 1.2% per day and almost 20% up to date. Meanwhile, Bitcoin (BTC) continues to fight, hovering just above $ 80,000. It is down more than 3% this month and 12% for the quarter, marking its worst performance since the fourth quarter of 2022.

So consider Ether (ETH). The second largest cryptocurrency worked much worse than Bitcoin this quarter, losing 46% in a slide which has been the worst since 2018. Consequently, the Bitcoin-to-Bitcoin ratio fell to 0.02195, marking its lowest level since 2020. Stay vigilant!

What to look at

• Crypto:
• Macro
  • April 1, 4:30 am: S&P Global Order (Final) UK March Producer Prix Index (PPI) Data.
    • PPI manufacturing is. 44.6 vs planned. 46.9
  • April 1, 5:00 a.m.: Eurostat releases (flash) given on the consumer price index of the euro zone (CPI).
    • YOY central inflation rate is. 2.5% against Plan. 2.6%
    • MOM PREV inflation rate. 0.4%
    • Yoy inflation rate is. 2.2% against Plan. 2.3%
    • Unemployment rate is. 6.2% against Plan. 6.2%
  • April 1, 9:00 am: S&P Global Ording Brazil March Purchase Managers’ Index (PMI) Data.
    • PMI prev. 53
  • April 1, 9:30 am: S&P Global Reverse Canada March Purchase Managers’ Index (PMI) Data.
    • PMI prev. 47.8
  • April 1, 9:45 a.m.: S&P Global Release (Final) US March ACHAYING Manager ‘Index (PMI) Data.
    • PMI manufacturing is. 49.8 against prev. 52.7
  • April 1, 10:00 a.m.: the JOLTS report from the American American Labor Department (employment openings, hiring and separations).
    • Employment openings is. 7.68 m against prev. 7.74m
    • Job leaves the prev. 3.266m
  • April 1, 10:00 am: The Institute for Supply Management (ISM) publishes data on the manufacturing sector of the United States.
    • ISM Manufacturing PMI is. 50.3 against prev. 50.3
  • April 2 at 12:01 p.m.: The reciprocal price plan for the Trump administration, announced on February 13, takes effect in parallel with a price of 25% on imported cars and certain parts announced on March 26.
• Gains (Estimates based on facts)

Token events

• Governance votes and calls
  • Arbitrum Dao votes on the conversion of 15 million arbles in stablecoins to manage via a division “33/33/33 between Karpatkey, BEVERADE & MYSO and GAUNTLET”. He also votes on the allocation of 10 million ARB in “chain strategies designed to generate a return while protecting the director”. The vote ends on April 3.
  • Sky Dao discusses the increase in the Smart Burn engine rate (SBE) after a recent management proposal “has led to a substantial increase in net income”.
  • March 31: A vote on a burn of 50 million CRO tokens should end.
  • March 31: GMX to keep a community call including a question / answer session and the presentation of proposals by potential bridging and messaging partners for Multi Chain GMX.
• Unlocking
  • April 1: SU (SUI) to unlock 2.03% of its food in circulation worth 143.15 million dollars.
  • April 1: Zetachain (Zeta) to unlock 6.05% of its supply in circulation worth 12.85 million dollars.
  • April 2: Ethena (ENA) to unlock 0.77% of its food in circulation worth $ 14.07 million.
  • April 3: Wormhole (W) to unlock 47.64% of its supply in circulation worth $ 112.67 million.
  • April 9: Movement (movement) to unlock 2.04% of its supply in circulation worth $ 20.23 million.
• Token lists
  • March 31: Kinto (K) will be listed on Bingx, Gate.Iom Mexc, Kraken, Hotcoin and others.
  • March 31: Binance to bring back USDT, FDUSD, TUSD, USDP, DAI, AUR, UST, USTC and PAXG.

Conferences

Talk about tokens

By Francisco Rodrigues

• Token Launchpad Pump. The Fun Pumpswap trading platform, which makes it possible to negotiate the tokens on its own platform rather than on the decentralized Raydium scholarship, has exchanged a cumulative of $ 2.6 billion since its debut on March 20, according to Dune data.
• This makes it the n ° 1 protocol of the Solana ecosystem in the costs collected in the last 24 hours, collecting $ 3.29 million, well above the finalist, the aggregator Dex Jupiter, with $ 2.47 million.
• Pumpswap, according to Dune data, has had a total of 710,000 traders on the platform and more than 32.39 million exchanges since its introduction, which gives it a significant part of the Solana Dex ecosystem.
• However, the protocol faces opposite winds with the slowdown in the activity of the Solana ecosystem while the frenzy of trading even cools. Artemis data show that daily active addresses on Solana for the year have gone from a peak of 8.1 million to 4.2 million on March 29.

Positioning of derivatives

• The total open interest in all instruments fell to $ 101.3 billion, according to Laevitas data, continuing its downward trend compared to last week.
• The decline suggests a more cautious position of market players while they are preparing for a volatile week which includes the end of the quarter, the announcements planned for President Trump’s prices and the March job report on Friday.
• In the past 24 hours, total liquidations amounted to $ 229.3 million, with long positions representing 79% of the total. Looking at the BTC / USDT liquidation thermal card on Binance, the largest immediate liquidation cluster is $ 81,200, totaling $ 27.5 million.
• The following keys of keys are located at $ 83,100 and $ 83,600, with liquidations totaling $ 25.5 million and $ 24.7 million respectively. The two levels are aligned closely with the Gap CME created during the weekend.
• Among the tokens with more than $ 100 million in open interest, the higher 24 -hour increases were observed in the EOS (+ 13.4%), the PEPE (+ 8.99%), tone (+ 4.85%) and media threshing (+ 2.55%). The assets with the largest drop in open interest in the last 24 hours include SU, TAO and near, down 10.8%, 8.53%and 7.89%, respectively.

Market movements:

• BTC is down 2.98% from 4 p.m. HE Friday at 81,535.28 $ (24 hours: -1.27%)
• ETH is down 4.96% to $ 1,792.22 (24 hours: -1.3%)
• Coindesk 20 is down 4.98% to 2,447.78 (24 hours: -3.36%)
• The CESR ether composite pace is down 7 BPS to 2.93%
• The BTC financing rate is 0.0114% (4.1709% annualized) on Binance

• Dxy is unchanged at 104.10
• Gold is up 1.3% to $ 3,126.50 / oz
• Money increased by 0.95% to $ 34.97 / Oz
• Nikkei 225 closed -4.05% to 35,617.56
• Hang Seng Closed -1.31% at 23,119.58
• FTSE is down 0.92% to 8,579.15
• Euro Stoxx 50 is down 1.22% to 5,266.50
• Djia closed Friday -1.69% to 41,583.90
• S&P 500 closed -1.97% at 55 80.94
• Nasdaq closed -2.7% to 17,322.99
• The S&P / TSX composite index closed -1.6% at 24,759.20
• S&P 40 Latin America closed from -1.52% to 2,429.43
• The 5 -year American treasure rate is down 1 BPS to 4.2%
• E-Mini S&P 500 Term contracts are down 0.97% to 5,568.25
• The term contracts on the NASDAQ-100 E-Mini are down 1.39% to 19,187.50
• E-Mini Dow Jones Industrial Industrial Index In Term is down 0.63% to 41,588.00

Bitcoin statistics:

• BTC dominance: 62.36 (0.24%)
• Ethereum / Bitcoin ratio: 0.02196 (0.09%)
• Hashrate (Mobile average at seven days): 835 EH / S
• Hashprice (spot): $ 45.7
• Total costs: 6.8 BTC / $ 589,342
• CME Futures open interest: 142 520 BTC
• BTC at the price of gold: 26.3 oz
• BTC vs Gold Bourse Capt: 7.45%

Technical analysis

• XRP, one of the main most efficient altcoins of the year, again approaches a critical support area between $ 1.95 and $ 2.05.
• This region has always acted as a solid area of ​​demand, buyers occurring several times in the past four months.
• Adding to its meaning, the area is aligned on the top of all time in 2021 and is now supported by the daily exponential mobile average, which also gradually converges this level.
• Acceptance lower than this key level is likely to result in a larger drop extension, given the loss of a key level which was reliably supported as a support for several months.

Cryptographic actions

• Strategy (MSTR): closed Friday at $ 289.41 (-10.84%), down 3.49% to $ 279.38 in pre-commercialization
• Coinbase Global (corner): closed at $ 173.93 (-7.77%), down 3.2% to $ 168.37
• Galaxy Digital Holdings (GLXX): closed at $ 16.45 CA (-5.68%)
• Mara Holdings (Mara): closed at $ 12.47 (-8.58%), down 3.69% to $ 12.01
• Riot Platform (Riot): closed at $ 7.41 (-4.63%), down 2.97% to $ 7.19
• Core Scientific (CORZ): closed at $ 7.48 (+ 3.28%), down 3.74% to $ 7.20
• Cleanspark (CLSK): closed at $ 7.19 (-8.29%), down 3.62% to $ 6.93
• Coinshares Valkyrie Bitcoin Miners Etf (WGMI): closed at $ 13.13 (-6.48%), down 2.51% to $ 12.80
• Semler Scientific (SMLR): closed at $ 36.86 (-0.16%), down 5.83% to $ 34.71
• Exodus movement (Exodus): closed at $ 47.84 (-8.49%), unchanged in pre-commercialization

ETF Flows

BTC ETFS spot:

• Daily net flow: – $ 93.2 million
• Cumulative net flows: 36.33 billion dollars
• Total BTC Holdings ~ 1,121 million.

ETH ETFF SPOT

• Daily net flow: $ 4.7 million
• Cumulative net flows: $ 2.42 billion
• Total ETH Holdings ~ 3.409 million.

Source: Wacky investors

Nightflow

Graphic of the day

• Bitcoin and Ether are on the right track to publish their steepest quarterly slides since the second quarter of 2022.

While you slept

In ether