The post Bitcoin Faces Volatile Market Conditions Amid Tariff Turmoil and Whale Activity Suggesting Possible Recovery appeared on BitcoinEthereumNews.com.

The global crypto market is experiencing significant volatility as tariff-induced fears impact investor sentiment, resulting in sharp declines across major cryptocurrencies. Market analytics reveal a substantial surge in liquidation events due to panic selling by major players, amplifying market uncertainties. According to COINOTAG, one analyst noted, “The present market dynamics indicate a bifurcation in whale behavior, revealing both fear and opportunity.” The crypto market faces turbulence as new global tariffs spark panic selling, pushing Bitcoin and Ethereum to significant lows amid varied whale actions. Market Reactions to Emerging Tariff Policies The ripple effect of the newly introduced global tariff policies has left the crypto market grappling for stability. Bitcoin, having reached a critical juncture, has slipped below the $75,000 threshold, marking a 5.75% decline in just one day. Ethereum’s decline has been even more pronounced, now trading under $1,400, with a drop of 9.36%. Data collected from Coinglass indicates a potential critical liquidation point for Bitcoin. Should prices fall below $74,000, analysts predict that over $953 million worth of buy orders might be triggered on major exchanges, hinting at the devastating fallout expected if the market continues its downward trajectory. The growing market anxiety is underscored by the Fear and Greed Index, which currently indicates an “Extreme Fear” phase among investors. This sentiment has significantly contributed to a decline in major cryptocurrencies, pushing prices to their lowest levels for several weeks. Whale Activity in Turbulent Times In the current market turmoil, notable crypto whales have initiated mass sell-offs to mitigate risk. A striking action includes the sale of 5,094 ETH by the “Long ETH Whale,” incurring losses that exceed $40 million. Similarly, the wallet dubbed Pump.fun has liquidated 84,358 SOL at an average price of $105. Interestingly, even politically affiliated cryptocurrencies have not escaped the downturn, with the WLFI project…

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Filed under: News - @ April 9, 2025 1:27 pm