April 2 Worries Wall Street And The Crypto Industry!
There are days we wait for with hope, and others we dread like a visit from the tax authorities. April 2, rebranded as “Liberation Day” by Donald Trump, falls into the latter category. On the markets, it is not a time for celebration. On Wall Street, within the global stock market, but also in the crypto market, nerves are frayed. It is not freedom that we sense approaching, but rather vertigo.
With just a few days until the implementation of new tariffs promised by Trump, all investors share the same stance: cautious waiting. Financial markets show clear signs of turmoil. Since the announcement of the first tax increases in January, the price of bitcoin has dropped by 18%.
The entire crypto market seems to have curled up under the effect of an uncertain economic climate.
The American stock market, for its part, is experiencing a rocky first quarter. The dollar is seeing its worst performance at the start of the year since 2008, while gold is showing its best quarter since 1986. A clear shift towards safe havens.
And what about the tech stocks? They are faltering. The Nasdaq lost 4% in March.
On X, Seth Golden drew a chilling parallel between the tariffs of 2018 and those of 2025. Back then, the stock market dropped by 13% in two months. This year, the first alert was dated January 26… and since then, losses have been piling up.
In this context, crypto serves as a barometer of fear. Far from being spared, it reflects investors’ hesitations.
But is this an excessive reaction or a legitimate alarm signal for the weeks to come?
Behind the marketing slogan of “Liberation”, lies a massive tariff plan. Trump plans to tax several key sectors: automotive, copper, pharmaceuticals, timber. These increases could reach as high as 60% for certain products.
Goal: to relocate production and force foreign partners to yield.
But in reality, it is the consumers who might bear the brunt. As Lloyd Doggett tweeted:
On April 2, Trump will mainly release dollars from your wallet.
This bitter pun illustrates a widespread fear: a surge in prices for American households.
Experts are also questioning the timing. Growth is slowing, trade tensions are rising, and businesses lack visibility. Even within the Republican camp, some of the president’s allies express their discomfort.
The crypto market, often seen as an alternative to fiat currencies, is also impacted. BTC, although partially decoupled, remains sensitive to macroeconomic movements. When the economy trembles, crypto wobbles too.
Is the liberation intended by Trump at risk of producing the opposite effect and trapping the economy in a spiral of turbulence?
In the face of uncertainty, the most seasoned investors act methodically. This is not the time for reckless bets, but for precise adjustments. On traditional markets, flows are moving towards gold. Purchase volumes of ETFs backed by the yellow metal jumped by 20% in the first quarter.
In crypto, the movements are subtler, but just as revealing. The whales, the large holders of bitcoin, continue to accumulate despite the drop . Their strategy: to buy at bargain prices, betting on a future rebound. Furthermore, the flows towards crypto ETFs are tentatively on the rise, signaling a renewed institutional interest. Even amidst turmoil, some retain confidence in the long-term fundamentals of BTC.
Some investors are betting on a stabilization post-tariff. Others expect a more pronounced correction, especially if the side effects on consumption are too violent.
In this environment, caution prevails. But among the experienced, anticipation is key. As always, cycles return… differently.
Bitcoin and cryptocurrencies know how to be reborn. Even when everything seems lost, they surprise. Their winter never really lasts. But the dollar, on the other hand, shows signs of deep fatigue. Some analysts talk about an irreversible decline . And if, this time, America was mainly releasing the end of a monetary era?
Can Stellar Price Reach $2 in the Next 15 Days?
Stellar (XLM) has been relatively quiet after its strong performance at the end of 2024, and traders are wondering whether this calm is the calm before a bullish storm—or just a prolonged consolidation. Currently priced at $0.268, XLM is hovering below key moving averages, leading many to ask: Can XLM price really surge to $2 in the next 15 days? Let’s dive into the daily chart to break down the possibilities.
The chart shows Stellar forming a gradual downtrend after its euphoric rally in December 2024, where it briefly peaked near $0.60. Since then, the momentum has slowed considerably. The recent candles are Heikin Ashi, which helps smooth out price action and clearly highlights prevailing trends. Right now, we’re seeing mostly small-bodied candles—signs of market indecision and low volatility.
One critical observation is the compression of price action below the 20-day, 50-day, and 100-day simple moving averages (SMA). The 200-day SMA lies below the current price, acting as a longer-term support at ~$0.28, which XLM price is now dancing around. This suggests a battle between short-term bearishness and long-term structural support. However, the inability to break above even the 20-SMA at ~$0.275 highlights the current weakness in buyer momentum.
The chart includes two critical technical tools:
Together, these indicators paint a picture of a range-bound asset in a waiting phase, where bulls and bears are in equilibrium—but that could change fast with a news catalyst or Bitcoin-led rally.
Let’s be clear: a move from $0.268 to $2 would represent a 645% rally in just two weeks—an extreme and unlikely outcome unless a massive fundamental catalyst occurs, such as:
Historically, Stellar is capable of sharp vertical moves during speculative bull runs, but we’re not currently in that environment. For XLM price to break $2, it would need to shatter through multiple resistance layers, including $0.30, $0.40, $0.60, $1.00, and $1.50, in rapid succession—all without being rejected. That’s a tall order with current indicators showing low volume, bearish MA alignment, and weak accumulation.
If you’re trading or investing in XLM, keep your eyes on the following levels:
A bullish scenario would involve a clean break above $0.30 with volume confirmation, followed by retesting it as support. A bearish scenario would see XLM lose $0.26 and fall back toward $0.24 or lower.
While the crypto market is known for its unpredictability , the technicals don’t support a $2 price target within 15 days for Stellar—at least not without an unexpected explosive trigger. The trend is currently sideways-to-bearish, with multiple moving average resistances capping upside momentum and no strong signs of smart money accumulation.
However, if broader market sentiment improves and XLM price manages to break above $0.35 with volume, a short-term rally toward $0.50–$0.60 is within reach. Until then, traders should stay cautious and watch for breakout signals before betting on a moonshot.
Bitcoin to Outshine Gold? Fidelity Calls BTC’s Rise ‘Possible’
The director of global macro at Fidelity Investments, Jurrien Timmer, has made a bold prediction for Bitcoin, claiming the asset could overtake gold. However, he believes that this could only happen in a decade or two.
Detailing his thesis, Timmer explained that this potential move would not be as simple as people think. Per his observation, Bitcoin would have to follow either the power law curve or the S-curve trajectory of internet adoption.
Our research shows that the Power law curve occurs when the distribution of a return is heavily skewed. Meanwhile, the S-curve adoption is a graphical representation of adoption and growth over time. Technically, this covers how technology evolves, gains traction, matures, and levels off.
According to Timmer, this prediction also assumes that gold follows its historical compound annual growth rate (CAGR) of 8%. The challenge for Bitcoin in this “journey” is that “hard money could end up winning the race” if it grows at the rate indicated by the two models.
Amidst this backdrop, gold could also appreciate faster than the usual 8% per year, staying ahead of its digital version. In concluding his submission, Timmer highlighted that “gold will always be Bitcoin’s quieter older sibling.”
Earlier, The Digital Chamber analyst Perianne Boring disclosed that Bitcoin could reach the market capitalization of gold in 2025. However, she explained that this could depend on several factors. Out of this, one of the key factors is the successful establishment of Bitcoin as a strategic reserve in the US. Fascinatingly, an executive order has been signed by US President Donald Trump to make this a reality, as indicated in our recent blog post.
If Donald Trump is successful in putting forward many of the proposals he promised to the community, the sky is the limit because Bitcoin has a fixed supply.
Adding to this, Boring disclosed that the successful operation of the “so-called Boosting Innovation, Technology and Competitiveness Through Optimized Investment Nationwide (BITCOIN)” could position Bitcoin within the same category as gold and oil reserves.
Based on the results of the stock-to-flow (S2F) model, she believes that the asset could hit $800k. Mathematically, this price point could send the Bitcoin market cap to at least $15 trillion.
Meanwhile, Germany’s biggest bank, Deutsche Bank, does not see much disparity between the two. As detailed in our last news piece, Deutsche equated Bitcoin to gold as a digital store of wealth while hinting that the recent strategic reserve move by the US could define a new benchmark for the world’s financial system.
In a recent study, we reported that 52% of Americans now prefer Bitcoin to gold and stocks, pointing to a significant shift of interest and a future move towards the luxurious metal’s current market cap.
DOGE Price Set for 4,259% Surge? Expert Reveals Bullish “Doge Circle” Theory
In a recent analysis, crypto strategist Trader Tardigrade identified a recurring pattern in Dogecoin’s (DOGE) price movements, suggesting the potential for a substantial rally. According to Tardigrade, Dogecoin’s macro chart follows a circular structure referred to as the “Doge Circle,” that has consistently influenced its price movements across multiple market cycles.
This pattern has played a role in determining key support levels and major rallies. Dogecoin has historically rebounded whenever it touched the lower boundary of this circle, making it a critical support zone since 2015.
In the first cycle in 2015, DOGE rebounded around $0.0001earlier in the year before surging from $0.0004 to $0.0041 in April 2017. The second cycle saw DOGE bouncing at $0.0012 in March 2020 and $0.0024 in November 2020, leading to its all-time high of $0.7488 in May 2021. In the third and ongoing cycle, DOGE surged to $0.4846 in November 2024 after rebounding from the same support zone.
Most recently, the meme coin touched the Doge Circle’s lower boundary during its drop to $0.1432 before recovering 26% to $0.1822. These consistent rebounds suggest that Dogecoin may be gearing up for another rally in line with past market cycles.
Currently, DOGE has just exited the oversold zone and is projected to reach the overbought zone, estimated between $8 and $10. This projection implies a potential 4,259% increase from its current price levels.
As Crypto News Flash recently reported, Dogecoin (DOGE) has officially broken out of its three-month downtrend, injecting fresh confidence into the market. Analysts predict a potential 55% surge if the price successfully clears the key $0.20 resistance level.
Adding to the bullish momentum, whales have accumulated over 200 million DOGE in the past two weeks, according to crypto analyst Ali Martinez. Over the past week, Dogecoin has rallied approximately 8%, while its trading volume has seen a 29.60% drop in the last 24 hours to $256 million. Currently trading at $0.185, DOGE holds its position as the largest meme coin with a market capitalization of $26 billion, while its closest competitor, Shiba Inu (SHIB), follows with a $7 billion market cap.
Beyond technical indicators, The House of Doge, the official commercialization partner of the Dogecoin Foundation, recently introduced The Official Dogecoin Reserve, beginning with an initial purchase of 10 million DOGE tokens. This reserve aims to enhance liquidity and stability within the Dogecoin ecosystem while serving as a proof of concept for its potential in seamless, efficient transactions.
Meanwhile, Dogecoin-related exchange-traded fund (ETF) filings from Bitwise, Grayscale, and Rex Shares are still awaiting approval from the U.S. Securities and Exchange Commission (SEC), adding another layer of anticipation to the market.
Hawk Tuah Girl: SEC ends meme coin investigation, ‘work is complete’
Add “Hawk Tuah Girl” to the list of cryptocurrency investigations that the U.S. Securities and Exchange Commission is no longer interested in pursuing.
Haliey Welch, who gained fame as the “Hawk Tuah Girl” in a viral video, has announced that the U.S. regulators concluded their investigation into the controversial meme coin bearing her catchphrase without taking action against her.
“For the past few months, I’ve been cooperating with all the authorities and attorneys, and finally, that work is complete,” Welch told TMZ .
Welch’s attorney, James Sallah, elaborated on the outcome:
The SEC closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey. Because they did not bring any action against her, there are no restrictions on what she can do in regards to crypto or securities in the future.
The $HAWK token became the subject of regulatory scrutiny after experiencing a crash following its sudden rise. The surge saw the coin reach a market capitalization of nearly $500 million before plunging to around $3 million. The collapse left many investors with substantial losses.
While Welch escaped SEC penalties, the coin’s creators face a separate lawsuit alleging negligence for launching the token without proper regulatory approval.
Sources close to Welch say the influencer has severed ties with the LLC behind the coin and will not support or promote it.
Welch’s viral fame began with a street interview where her description of a certain physical act quickly went viral. She capitalized on her sudden celebrity through various ventures, including the “Talk Tuah” podcast.
Reports also mentioned that a “Hawk Tuah” documentary is being developed.
The Hawk Tuah coin isn’t the only crypto-related entity to see its troubles swept under the rug.
The SEC has recently dismissed various cryptocurrency investigations and lawsuits, including cases against Immutable , Crypto.com , Ripple and Coinbase .
Since Gary Gensler, a Biden administration appointee, resigned as SEC chair, cryptocurrency companies and entrepreneurs enjoy looser regulatory oversight under the current Trump administration.
According to Politico, crypto companies (e.g., Ripple, Coinbase, Kraken, Robinhood, and Circle) have made seven-figure donations to Trump since Nov. 5, 2024.
After the Hawk Tuah meme coin crash, Welch temporarily disappeared from social media, raising questions about her involvement in the project.
Despite the controversy, Welch appears ready to move forward.
“Happy to be starting back up again,” she told TMZ.