🚨 Breaking: Major Crypto & Blockchain Developments You Can’t Miss!

News

⚠️ US Job Data Dampens Market Sentiment; What’s Next For Bitcoin?

The long-awaited US Job data showed that the nonfarm payroll increased by 228,000 in March, up from 151,000 in the prior month. On the other hand, the US unemployment rate comes in at 4.2%, up from 4.1% recorded in the prior month. This job data has dampened market confidence, hinting towards a potential hawkish stance by the US Fed ahead, which could hinder the Bitcoin and top altcoins prices breakout ahead.

🏛 Donald Trump Calls On Fed Chair Jerome Powell To Cut Interest Rates

US President Donald Trump has urged Federal Reserve Chairman Jerome Powell to cut interest rates, claiming it is the ideal time to do so. In a post on X, Donald Trump accused Powell of “playing politics” and emphasized that lowering rates now could help improve the U.S. economy. Donald Trump’s calls for lower interest rates come amid rising concerns about his tariff policies.

Markets

📊 Top Trader Uses US Dollar Index to Explain When Bitcoin Price Will Restart Bull Run

Crypto trader CarpeNoctom outlined his thoughts on how US Dollar Index (DXY) could help shape the bull for Bitcoin price. With the sweeping tariffs from Donald Trump, the stock and crypto markets have become correlated and are sensitive to macroeconomic developments. Regardless, the top trader notes that a breakdown of the US Dollar Index below a key support zone could spark the bull run for BTC price.

📢 4 Charts That Explain Why Ethereum Price is Stuck Below $2,000

Ethereum (ETH) investors continue to suffer as the price trades below $2,000 for 25 consecutive days. Although many altcoins have experienced massive rallies, Ethereum price has failed to move, and four charts accurately explain why this is the case.