Cryptocurrency Market Movement - April 02, 2025
Market Overview
The cryptocurrency market on April 02, 2025, displayed resilience amidst geopolitical uncertainties. Despite anticipation of significant announcements regarding reciprocal tariffs by the Trump administration, which affected global markets, the crypto market saw a modest increase in total capitalization. The overall market cap rose by 1.12% to $2.72 trillion, with trading volume up by 2.69% to $78.85 billion. However, investor sentiment remained cautious, as reflected by the Fear & Greed Index at 29, indicating a state of fear.
Key Cryptocurrencies
| Name | Price (USD) | 24h Change | Market Cap |
|---|---|---|---|
| Bitcoin (BTC) | $84,338.46 | +1.39% | $1.67 trillion |
Data for other major cryptocurrencies such as Ethereum, Solana, and XRP is not available at this time. The overall market cap increase suggests a mixed performance across the board.
Market Sentiment
Market sentiment remains bearish, with the Fear & Greed Index standing at 29. This indicates that investors are still wary, likely due to the looming geopolitical events and their potential impact on global economies. Despite this, the modest gains in market cap and Bitcoin's price suggest a degree of resilience in the crypto market.
Notable News
- Anticipation of Trump's government announcement on reciprocal tariffs, creating uncertainty in global markets, including cryptocurrencies.
- Despite external pressures, the crypto market showed modest gains, with Bitcoin and the overall market cap increasing.
- Investors are closely monitoring macroeconomic indicators and geopolitical developments.
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