Crypto Market Holds Steady at $2.7T as BTC Stays Above $84K Amid Nvidia Turmoil

And Wednesday brought out more strong hands as Bitcoin expired above the $84,000 level at one point, only to give back its gains, but the broader market felt the weight of bearish sentiment.

Altcoins saw sell offs across the board while bitcoin remained resilient in its status over $84,000. As Nvidia’s stock came under pressure due to escalating US-China trade tensions, Bitcoin broke $84,000 in the standout headline of the day.

Nvidia shares fell 5% overnight after the company revealed that news of a $5.5 billion hit to its bottom line due to a US government ban on selling its H20 chip to China. Market’s response seemed quick, and the flow of capital was from the tech to digital sets like Bitcoin. BTC also acted as a haven to traders in low geopolitical and regulatory certainty.

The early trading activity indicates that Bitcoin may have gotten buoyed by capital moving out of Nvidia stock (NVDA) and other US tech stocks based on the assets that are less susceptible to global trade and supply chain disruptions. As long as this rotation lasts, Bitcoin could rise to try and top out above $85,000 today.

The downside risks remain very large, however. Considering Nvidia’s pivotal role in supplying chips to crypto mining hardware, any prolonged downtrend in NVDA’s stock could later spread to the crypto market to create bearish pressure on Bitcoin. For BTC to get closer to $80,000, the current sell-off from NVDA could spur a broader NVDA-led sell-off.

Altcoin Market Displays Unease as Ethereum Slips, Tron Gains

As market participants sold risk on, Wednesday’s altcoin landstat proved less inclined to take on additional risk or accept even modest value for digital real-world tokens.

Though no other smart contract ecosystem can match its stature, Ethereum didn’t escape its leading position, as it plummeted under a key support level of $1,600. The drop of 3.1% over a previous 24 hours reflects increasing nervousness associated with waning DeFi participation and stretched out concerns about the sustainable development of altcoins.

Instead of Bitcoin, the top single 10 cryptocurrencies to gain daily was Tron, up 2.3%. It signals a flight to apparent safety and a record of consistency in times of market uncertainty.

Together, these moves form a market moving to adjust capital in attempt to return to stability while repositioning to seek opportunity in the face of macro headwinds.

Tron Price Surge Signals Strategic Shift Toward Stablecoin Efficiency Amid Market Volatility

Regarding Tron’s price uptick, it’s not only that it is on the rise, but what it symbolizes: an uptick in onchain activity, in particular, linked to stablecoin transactions.

Tron’s rise has made it as a leading network for stablecoin utility such as USDT on chain volume, especially as demand for networks with low-cost, high speed transaction capabilities is increasing. 

As with any trend, this tends to be associated with rising trading activity and a capital protection strategy, where it is commonly perceived that the minimal fees that Tron charges facilitate plugging the funds that investors, as well as exchanges, park when within stablecoins during times of panic.

Therefore, even this modest rise in Tron’s value reflects a defensive posture from the market participants. However, networks that facilitate the cheap and swift movement of funds become more attractive in times of uncertainty. On the other hand, the sell-off of Ethereum’s price is consistent with a strategic rotation from high-fee Layer 1s to high transactional functionality, due to things like trade war escalation on macroeconomics.

Metaplanet Raises $10 Million via Zero-Interest Bonds to Boost Bitcoin Reserves

EVO FUND has issued $10 million to Metaplanet, through the issuance of the company’s 11th Series of Ordinary Bonds. The latest step in the company’s strategic move of buying more Bitcoin is these bonds, which carry zero interest. All proceeds from this issuance will be used to purchase more Bitcoin, in line with Metaplanet’s stated public plans that they will make Bitcoin acquisitions from January 2025 onwards.

Maturities of the bonds are October 14, 2025. According to Metaplanet, the redemption of this zero-interest debt will be funded by the funds that are from its 14th through 17th Series of Stock Acquisition Rights.

Coinbase Institutional Warns of Possible Crypto Winter as Bearish Signals Emerge

First, Coinbase Institutional publishes a cautionary report with several indicators that might be signs of a new crypto winter. Total market capitalization of all other cryptocurrencies, less Bitcoin, has fallen sharply in the report, and venture capital funding has declined as well in the first quarter of 2025.

It also further notes that Bitcoin and the COIN50 index have both slipped below their respective 200-day moving averages — a typically key support level. In speaking to the confluence of negative signals that might signify the start of a long period for the digital asset market, the firm stressed that this point did not necessarily mean that the markets were reversing massive losses.

DWF Labs Commits $25 Million to World Liberty Financial, Launches New York Office

In what appears to be a gesture of support for one of Trump’s projects, DWF Labs has pumped $25 million into the governance tokens of World Liberty Financial, a digital finance initiative. The funding comes shortly after DWF Labs, as part of its organization’s ongoing dedication to fund new DeFi projects, announced support for co-funded stablecoin initiatives USD1 and others.

The release came with news that DWF Labs had opened up a new office in New York City as part of the investment. The company said the expansion is an effort to develop more of those relationships on a regulatory level, bring in more regional talent, and reinforce the firm’s presence in the United States’ digital asset markets.

There are SHIB Price Predictions That Vary With Shibarium L3 Anticipation, Heavy Burn Rate spikes, and Cautionary Market Sentiment.

Shiba Inu (SHIB) continues to diverge in price predictions as investors debate the influence of Shiba Inu’s (SHIB) upcoming Shibarium Layer-3 (L3) upgrades, growing burn rate, and broader altcoin market conditions. According to current forecasts, it goes from a modest $0.000012 to a speculative high of $0.00030.

Despite a wave of bullish commentary from the Shiba Inu community, SHIB has been posting muted gains in April. The token is trading at $0.000012 as of Tuesday, making a 9 percent decline from its local high of $0.000013 on April 1.

Market sentiment remains divided. Social media continues to be overwhelmed with optimism about Shibarium L3 developments, fueled by burn metrics and a surge on their side. Meanwhile, macroeconomic headwinds such as rising bearish pressure that comes from mounting U.S. trade tensions have kept institutional inflows at bay on the other hand.

Here are five of the most discussed SHIB forecasts for April 2025:

LucieSHIB Projects 550% Rally on Shibarium L3 Deployment

As a Shiba Inu ecosystem contributor, @LucieSHIB expects a big price surge as near as a 550% rally, with the Shibarium Layer 3 upgrade around the corner. However, this upgrade is regarded as a disruptive milestone for what constitutes a scalable endeavor and utility for SHIB.

One ecosystem developer explained on Discord the key driver was scaling and throughput. So if Shibarium L3 does deliver on its promise, then SHIB becomes a different kind of asset. 

According to LucieSHIB, analysis shows the breakout of a falling wedge pattern and oversold RSI on the monthly chart. The forecast is aimed at the point of $0.000077, stationed just below SHIB’s all-time high of $0.00008845 in 2021. You can find SHIB easily on Margex – a secure and user-friendly crypto platform.

TheSHIBMagazine Predicts “14x Rally” But Lacks Volume Backing

On April 4, one of TheShibMagazine‘s posts and stated this Shib could break out 14x in price to $0.000167, far higher than the highs SHIB has achieved in 2021 (Aug 18 at $0.000171), made waves, embroiling both the positive and negative sides of Shibizen circles.

An analyst’s scepticism saw them break above the $0.000012 level earlier this week, but not break below it. Spot trading volumes are thin, but there is pressure on leveraged long positions on chain derivatives data. However, the projection’s viability is given little momentum in open interest and funding rates.

Conservative Forecast Eyes $0.000015 Based on Burn Rate Momentum

However, trader @just_stuff_tm was a bit more measured, and he predicted SHIB could hit $0.000015 by early May if it continues to support at $0.000011. The call is rooted in strong fundamentals, like a 1000% increase in SHIB’s burn rate and a 10040% increase in Shibarium’s active users.

As of writing, the number of SHIB tokens circulating are 584.39 trillion tokens, out of the beginning 999.98 trillion supply; 410.75 trillion of have been burned. As a result, there is a circulating supply of 4.86 trillion tokens.

Lennox’s sentiment is informed, perhaps more than any other, by the fact that retail investors’ attempts to inflate meme coins have only resulted in a sharp drop in the 24-hour burn rate to just 11.1 million SHIB, a decline of 41.97%.

$0.02886 Projection Dismissed as Unrealistic by Analysts

It stirred controversy late April 9 with a prediction of a whopping 169,000% increase and a target of $0.02886. But the forecast went viral very quickly, and people trashed it as completely unrealistic.

When considering how much it could be valued at SHIB would have to be worth greater than $13 trillion, eclipsing the combined value of bitcoin and ethereum. Yet analysts were quick dismiss the scenario as implausible without an enormous change in token supply or a revolutionary makeover of the project.

Realistic Range Suggests Return to $0.000015 Likely

More grounded projections project SHIB’s April trajectory to be between $0.000012 and $0.000018, though extreme forecasts take the lead on online discourse. Three key reasons are cited by analysts to propel this potential recovery.

• Higher burn rates and reduced selling price of the whale.
• Successful rollout and integration of Shibarium L3.
• Altcoins rotation risk on as Bitcoin dominance softens.

Barring layoffs, if SHIB holds support at $0.000011 and on-chain volumes begin to recover, there is the potential of moving to the $0.000015–$0.000018 range. On the other hand, if SHIB fails to break resistance or the market turns negative again, the rate will press down to support $0.00000950.

Technical Outlook Reflects Market Indecision

Bulls hold back, but bears are waiting, meaning that SHIB is barely moving away from $0.00001167; an important level. In the case of Bollinger Bands, they are narrowing and can often be a precursory event to a breakout. The token is supposing near her median band at $0.00001207 with resistance forming at the upper band at $0.00001319.

The dots are above the candles (currently Parabolic SAR indicators signal short term ‘bearish control’). The Relative Strength Index is believed to be near neutral territory as it breaks down after a long time of downward pressure; however, this is not shown. Even though Onchain trading delta still remains negative, it seems selling activity is tappering off now.

If a close is confirmed above $0.000015, that would be a bullish signal for the next leg up. Despite that, current stagnation could be prolonged if Shiba Inu can sustain further rejection at $0.000012, putting the asset at risk of decline to $0.00000950.