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A significant drop in American markets led short sellers to gain around $55 billion by Thursday, with total profits reaching $118.5 billion since the beginning of the year. Trump's decisions on higher tariff rates boosted short sellers amidst the recent market turmoil. Major indices like S&P 500 and Nasdaq 100 experienced unprecedented losses after over a year, while Bitcoin stood out resiliently.

Real Vision's crypto analyst Jamie Coutts predicts a recovery in the altcoin market by June, driven by network activity and strong fundamentals. He expects a broad rally in altcoins, although unsure if it will be a lasting one. Coutts advises investors to monitor network activity for guidance and anticipates an altcoin market uptrend in the next two months, correlating with a potential all-time high for Bitcoin by June. This surge, according to Coutts, will benefit projects with genuine utility and robust network activity.

US non-farm payroll data exceeded expectations, affecting market sentiment. Economist Erkan Öz discussed the implications on Fed policies and recession concerns. #economicdata # USD #Fed

Standard Chartered predicts Avalanche's AVAX price could reach $250 by the end of 2029, attributing the rise to increased developer interest post the Etna upgrade reducing costs and attracting developers to the network, especially for gaming and consumer-focused applications. The bank foresees AVAX surpassing both Bitcoin and Ethereum but notes higher volatility risks.

President Donald Trump expressed optimism despite market downturns, stating that "Things are going very well. Markets will boom." However, following his recent tariff decisions, American markets experienced significant losses, with the S&P 500 and Nasdaq 100 indices dropping sharply. The crypto market also suffered losses, with Bitcoin falling below $82,000 and Ethereum breaking below $1,800 amidst the turmoil.

Trump is set to announce extensive customs duties, creating tension in markets including cryptocurrencies. Uncertainty surrounds the content and impact of these tariffs, causing concern globally. Experts predict short-term market pressure until a shift in global trade dynamics occurs, anticipating negative effects worldwide. European and American stock exchanges have already started to decline as a result of the upcoming announcement, highlighting the interconnectedness of cryptocurrency markets with global economic policies.

President Donald Trump announced new tariff rates, creating uncertainty in markets. While a 10% general tariff will apply to all countries, additional tariffs ranging from 20% to 34% will target specific nations, impacting cryptocurrencies like Bitcoin. The unexpected higher rates left many countries reeling, with the highest rate reaching 50%. This move triggered fluctuations in cryptocurrency values, with Bitcoin falling from over $88,000 to $84,000, and Ether dropping from nearly $2,000 to around $1,800.

BNB Chain announced the first winners of its $100 million liquidity incentive program, distributing a total of $2.3 million among five projects to boost liquidity on the platform. The goal is to encourage listing BNB Chain tokens on exchanges and strengthen ecosystem liquidity. The program will initially run as a three-month trial and may continue based on performance evaluations.

In April, the cryptocurrency market will witness unlocking of approximately $800 million worth of 10 altcoins. The key unlock with the largest circulating supply ratio will be for Warmhole (W) on April 3rd, with 1.39 billion tokens being released. The unlocking events for other altcoins are also scheduled throughout the month.