Daily Crypto Signals: Bitcoin Falters Below $86K, Ethereum Blob Fees Touch 2025 Lows
Bitcoin hovers below $86,000 while major cryptocurrencies face market headwinds amid global trade tensions. Ethereum's revenue crisis deepen
Live BTC/USD Chart
Bitcoin hovers below $86,000 while major cryptocurrencies face market headwinds amid global trade tensions. Ethereum’s revenue crisis deepens as blob fee income hits 2025 lows, while analysts predict TRON’s TRX could rally over 50% to $0.35 by mid-April despite the uncertain macro environment.
Crypto Market Updates
As long as global economic uncertainty exists, the market for cryptocurrencies is still under challenge; especially, U.S. trade policies provide specific pressure. Investors remain wary about more market turbulence as President Donald Trump’s “Liberation Day” draws near on April 2, when fresh tariffs are scheduled to be revealed.
Under the ticker “CRCL,” USDC issuer Circle has registered for an Initial Public Offering on the New York Stock Exchange. Though net income dropped 41.8% to $155.6 million compared to 2023, its SEC filing shows the company made $1.67 billion in revenue for 2024—a 16% year-on-year rise. Last year, Circle’s steadycoin reserves accounted for almost 99% of company income.
To meet legal criteria, Binance has also stopped spot trading pairs featuring Tether (USDT) with several non-MiCA-compliant tokens in the European Economic Area. Though spot trading has been stopped, users in the EEA can continue custody impacted tokens and exchange them in perpetual contracts. Other exchanges including Kraken have put comparable limitations in place.
Bitcoin Crosses $85,000
Since early March, Bitcoin BTC/USD has battled to keep momentum above the $89,000 milestone; now trading around $85,100. Though Strategy’s stated $5.25 billion worth of Bitcoin purchases since February helps to sustain support around $80,000, several variables have restrained BTC’s upside.
Although many traders attribute Bitcoin’s current decline on the U.S.-led global trade war, data points point to Bitcoin’s price difficulty starting before President Trump took office in January. Over the three weeks after January 21, Spot Bitcoin ETFs had $2.75 billion in net inflows, suggesting ongoing institutional demand even as trade conflicts grew.
Disappointing progress on Trump’s promised “strategic national Bitcoin stockpile,” lowering inflation trends reducing some of Bitcoin’s appeal as a hedge, and rising risk aversion as the employment market deteriorate analysts point to as three important factors restricting Bitcoin’s price growth. Watching the $84,500 level as a vital resistance point that must be recovered for ongoing upward momentum, technical experts are seeing challenges.
Ethereum Extends Bearish Trend
After declining 18.47% in March, Ethereum ETH/USD has produced four consecutive red monthly candles, therefore producing a consistent bearish trend not seen in the bear market of 2022. With a five-year low of 0.021, the ETH/BTC ratio shows Ethereum’s extreme underperformance against Bitcoin.
From layer-2 scaling chains through “blob fees,” the profitability of the Ethereum network has dropped to its lowest levels of 2025. Ethereum just received 3.18 ETH from blob fees (about $6,000), a 73% drop from last week and more than a 95% drop from mid-March in the week ending March 30.
Ethereum’s March 2024 Dencun update, which moved layer-2 transaction data to temporary offchain repositories known as “blobs,” is the cause of this income problem The update drastically cut Ethereum’s fee income even while it lowered consumer expenses. The lowest amount since June 2020, monthly fees plummeted to $22 million in March, suggesting less network activity and market interest.
Notwithstanding these difficulties, historical data points to a possible temporary low for Ethereum. ETH has logged three or more consecutive bearish monthly candles on five times since its debut, and every time a short-term bottom followed. Based on past trends, some experts remain cautiously hopeful even if a 75% chance of a green month for April seems low.
Can TRON Price Cross $0.35?
Amidst the larger market turmoil, TRON TRX/USD is displaying indicators of recovery across all time spans and trading in the green zone. Daily charts show an asset of 1%; weekly charts show 4.7%; 14-day charts show 4.6%; monthly charts show 0.5%; and an amazing 92.3% since March 2024.
Forecasts from CoinCodex and Changelly indicate that TRX might be on route for a notable comeback in the next weeks. By April 18, both platforms see the asset at $0.35, a possible 52% rise from existing levels. Neither platform, however, expects TRX to keep this pricing point; forecasts indicate a fall down to around present levels by late May.
Although these projections show TRON in the near future in an encouraging light, macroeconomic headwinds still provide major difficulties. Starting April 2, the U.S. imposes new tariffs against China, Mexico, and Canada; market players remain cautious about possible repercussions that could affect TRX’s performance even with its recent resiliency.
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