- EOS jumped 41% weekly amid breakout, while Litecoin dipped 25% monthly but holds $76 support level.
- $500M liquidations hit traders; short-term holders sold 18,930 BTC post-tariff news as Bitcoin volume spiked 85%.
The crypto market faces renewed pressure as U.S. trade policies under President Trump trigger instability. Following new tariffs targeting China, the EU, and Japan, Bitcoin dropped over 6%, breaching the $82,500 support level. ETHNews analysts note Bitcoin now trades below its 200-day moving average, signaling a bearish shift. If prices close under $81,500, some predict a slide toward $77,700.
Ethereum, Solana, and XRP mirrored the downturn, shedding 7% to 12% in 24 hours. Bitcoin’s trading volume spiked 85% as investors monitored the $81,750 zone. Short-term holders sold 18,930 BTC overnight, reflecting heightened anxiety.
Amid broader declines, EOS and Litecoin show divergent trends. EOS rose 2.11% to $0.8210, extending a 41.61% weekly gain. Trading volume hit 97 million tokens, with prices testing $0.8541. Technical charts suggest a breakout from a multi-year downtrend pattern, though analysts caution that a drop below $0.78 could reverse recent gains.
Litecoin edged up 0.12% to $81.64, stabilizing after a 25.76% monthly decline. Resistance near $85–$87 remains a barrier, while support at $76 holds. Despite a 104.59% five-year gain, Litecoin’s yearly performance stays negative, down 23.58%.
ETHNews link Bitcoin’s volatility to tariff-driven macroeconomic uncertainty. Trump’s “Liberation Day” policy, imposing levies up to 34%, amplified fears of slowed global trade.
This follows weeks of choppy price action, with Bitcoin swinging between $73,000 and $88,000 before recent losses.
For EOS, bullish momentum hinges on holding $0.78. A push above $0.92 could signal sustained recovery. Litecoin’s path remains tied to breaking key resistance levels, though indicators like RSI show neutral signals.
As traders weigh geopolitical risks, the interplay between policy shifts and crypto prices grows clearer. While stablecoins offer temporary refuge, leveraged positions face heightened liquidation risks.
With $500 million erased in recent liquidations, the market’s fragility underscores the challenges of navigating sudden policy-driven swings.
Bitcoin’s next moves may set the tone for altcoins. For now, traders watch support levels, balancing short-term caution against longer-term bets on assets like EOS, which defies broader trends. The coming days will test whether technical patterns or macroeconomic headwinds dictate crypto’s trajectory.
EOS (EOS) is $0.8210 USDT, reflecting a +2.11% increase on the day. EOS is trading within a daily range of $0.7780 to $0.8541, showing ongoing bullish momentum after several strong sessions in late March. The 24-hour trading volume has reached over 97 million EOS, indicating renewed market interest.
Over the past 7 days, EOS has surged +41.61%, and its monthly performance stands at +48.76%, making it one of the top-performing altcoins in recent weeks. On a 6-month basis, EOS is up +72.46%, and +6.04% year-to-date, though it still remains −15.20% down year-over-year and −93.42% below its all-time high, reflecting its long-term downtrend since the 2018 peak.
The technical picture shows that EOS has broken out of a falling wedge pattern and is currently retesting previous resistance zones as support. If momentum continues, analysts are watching for a move toward $0.92–$1.00, which would confirm the bullish breakout.
However, if the price loses support at $0.78, a retracement to $0.70 or $0.66 could follow. RSI is high but not yet overbought, suggesting there may still be room for continuation.
EOS has also been receiving attention following its upcoming rebrand to Vaulta, scheduled for May 2025, which is contributing to renewed speculative interest and positive sentiment.
