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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Crypto prices on April 3: BTC at $83K, TRUMP biggest loser
Bitcoin plunged to $82,000 following President Donald Trump’s sweeping tariff announcement, which sent shockwaves through financial markets.
During his ‘Liberation Day’ speech, Trump unveiled aggressive reciprocal tariffs, calling them a long-overdue correction to trade imbalances.
The measures include a 26% tariff on Indian imports, 20% on European Union goods, and 34% on Chinese exports, fueling fears of escalating global trade tensions.
The global crypto market cap stands at $2.68 trillion, reflecting a 1.53% decline in the past day.
However, 24-hour trading volume surged 65.51% to $129.84 billion.
Bitcoin (BTC) price today
Bitcoin traded at $83,576.32, down close to 1.36% in the past 24 hours.
The coin’s 24-hour trading range was between $82,182.32 and $88,466.
Bitcoin’s market dominance rose slightly to 61.88%, up 0.11% from the previous day.
Ethereum (ETH) price today
Ethereum briefly dropped below $1,800 on Thursday before recovering and reclaiming the level.
The token was down around 3% to trade at $1,822.16.
The intraday low and high were $1,782.76 and $1,951.18.
XRP and SOL price today
XRP also slipped below the $2 mark after Trump’s announcement.
At the time of writing, XRP was down 2% to trade at $2.05.
In the past seven days, the coin has gone down around 14%.
Solana (SOL) was down over 3% to trade at around $120.
The coin hit an intraday low of $116.98 and a high of $135.70
Top crypto gainers and losers
Raydium (RAY) led the gainers’ list, surging 8.00% in the past 24 hours to trade at $1.87.
EOS (EOS) also posted significant gains, rising 5.66% to $0.8449, as buying interest increased.
Story (IP) climbed 3.91%, reaching $4.44, despite some fluctuations.
Tezos (XTZ) followed closely, gaining 3.70% to trade at $0.6732.
Kaia (KAIA) rounded out the top gainers, posting a 2.53% increase to $0.1059, showing resilience in a bearish market.
On the losing side, OFFICIAL TRUMP (TRUMP) suffered the biggest drop, falling 9.97% in the last 24 hours to $9.31.
The token faced heavy selling pressure, making it the worst performer of the day.
Bonk (BONK) also struggled, sliding 9.25% to $0.00001122.
Ethena (ENA) declined 7.56%, now trading at $0.3351.
Cronos (CRO) saw a 7.25% drop, falling to $0.09936.
Broader crypto price action
Cardano (ADA) experienced a decline, dropping by 3.00% to $0.6510.
Chainlink (LINK) also saw a decrease, falling by 3.95% to $13.20.
Bitcoin Cash (BCH) witnessed a slight decrease, dropping by 0.82% to $303.14.
Dai (DAI) remained stable, with no change (0.00%) at $1.00.
Cosmos (ATOM) saw an increase, rising by 1.81% to $4.43.
Celestia (TIA) experienced a significant decrease, declining by 5.60% to $2.93.
Bitcoin SV (BSV) decreased slightly, falling by 1.59% to $31.35.
Decentraland (MANA) declined, dropping by 3.44% to $0.2415. Compound (COMP) saw a marginal increase, rising by 0.50% to $45.57.
Chiliz (CHZ) experienced a decline, dropping by 3.94% to $0.04104.
Dash (DASH) also saw a decrease, falling by 2.13% to $21.86. Basic Attention Token (BAT) witnessed a decline, dropping by 3.39% to $0.1327.
Decred (DCR) experienced a decrease, falling by 1.66% to $11.03.
DigiByte (DGB) saw a significant increase, climbing by 6.09% to $0.009149.
BOOK OF MEME (BOME) experienced a decrease, declining by 3.26% to $0.001196.
Dent (DENT) saw a decline, dropping by 4.82% to $0.0006667. Bitcoin Gold (BTG) saw an increase, climbing by 1.85% to $0.5283.
BitShares (BTS) experienced a decrease, falling by 1.13% to $0.0009323.
BytomDAO (BTM) saw a substantial decrease, dropping by 9.50% to $0.001508.
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