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Bitcoin and other major cryptocurrencies like Ether, XRP, Solana, Dogecoin and Cardano lost more than 3% on Wednesday while traders made profits after a solid gathering on Tuesday. According to Coingecko data, the total market capitalization of cryptography has dropped by 4% in the last 24 hours to 2.73 billions of dollars.

But there is more behind the dip than the simple profit. Stating on the global market and regulatory uncertainty to the big movements of Bitcoin whales and a new pressure on AI tokens, the crypto space faces a mixed signals storm.

Here is an overview closer to what really stimulates the market and what could come.

Investors are always careful

Bitcoin slipped to $ 83,600, compared to $ 84,200. Ether and Cardano fell up to 5%, while XRP continued its downward trend and could see more losses. However, there were positive news for XRP holders: Proshares filed an ETF XRP, aimed at a launch on April 30. BNB also decreased by around 2%, currently negotiating at $ 578.

The latest price movements show that investors are still cautious, avoiding risky assets due to global economic challenges and possible changes in cryptographic regulations.

Large bitcoin sellers slow down

According to Cryptochant, the major Bitcoin holders have reduced the sale. Daily sales increased from 800,000 BTC at the end of February to around 300,000 BTC now. Many of these investors have already sold their parts at a loss.

Analyst Ali Martinez noted that the whales have made profits during the recent gathering, selling more than 29,000 BTC since April 9. In a recent article on X, he also mentioned that if Bitcoin dates back to $ 86,900, more than $ 600 million in short posts could be liquidated.

Whales are retreating as the market is weakening

There was a drop in the accumulation of Bitcoin, with major holders reducing their positions by around 30,000 BTC last week. At the same time, global markets have shown weakness – the Hong Kong stock market fell by 2.9% despite strong economic growth in China. Continuous trade tensions make investors more opposed to risk, also affecting cryptographic markets.

Surprisingly, the stablecoins remain stable

Stablecoins like Tether (USDT) and USD Coin (USDC) remained strong during market turbulence. Tether is negotiated at $ 0.9,999 with a market capitalization of $ 144.56 billion, while the USDC is stable at $ 1. These stablecoins become greater as reliable options in unstable period.

Nvidia Stock Drop strikes crypto and chips have

The market took a blow on Tuesday evening after Nvidia shares dropped 8% to $ 89.10. Autumn occurred after the company announced an accusation of $ 5.5 billion due to the US government prohibiting its H20 flea sales in China. Consequently, Bitcoin dropped to $ 83,600, and XRP and Cardano followed with 2% and 4% of losses, respectively. Cryptographic tokens linked to AI have also suffered.

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Powell’s speech could change the game

The president of the federal reserve, Jerome Powell, should speak today, and the markets are careful for the advice of a possible drop in interest rates. Current price problems and the increase in recession problems have increased pressure on the Fed.

Some research suggests that the Trump trade and the Trump era tariffs could help reduce inflation, which could give Fed’s place to reduce rates earlier than expected.

Concerns about a recession increases. While some believe that the risks are already assessed, others warn that more pain could be ahead. The attraction of Bitcoin as a decentralized active person again attracts attention while traditional markets show instability. Trump’s support position on Bitcoin could help, but the risks remain high.

Recovery could be in sight

A recent Coinbase report shows that the cryptography market – excluding Bitcoin – has dropped by 41% compared to its December summits. The venture capital investment is also down 50 to 60% compared to the cutting-edge years of 2021-2022.

However, Coinbase predicts that the market will reach a bottom of the middle in Q2 2025 and will begin to recover in the third quarter. They advise investors to remain cautious and flexible, because liquidity is weakening and risks appetite.

The road to come for crypto looks rocky, but the story shows the calm phases often prepared for the next big movement.

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