Bitcoin briefly dropped below $82,000

April 2nd. In the context of Trump's "tit-for-tat tariff," the market sentiment underwent repeated tests. Eventually, it was bet that a clear trade policy would assist in stabilizing the market. The three major U.S. stock indexes fluctuated intensely during the day, with mixed closing results: the Dow dropped by 0.03%, the S&P 500 increased by 0.38%, and the Nasdaq rose by 0.87%. Large-cap tech stocks all performed strongly, with Tesla rising by more than 3%. In synchronization with the stock market, the cryptocurrency market rose. Driven by the early weakness in tech stocks, Bitcoin once approached $82,000 and then followed the U.S. stock rebound, reaching a high of $85,579. It is currently being tested whether it can hold above the $85,000 mark, with a 2.36% increase in the past 24 hours. Other major coins generally rose, and Ethereum vigorously challenged the $2,000 mark. Multiple meme tokens on the BNB chain collapsed last night, severely shaking market confidence in meme coins.

On April 2nd, according to an official announcement, Binance is anticipated to halt the deposit and withdrawal of Sei (SEI) network tokens at 23:00 (UTC+8) on April 2, 2025, in order to support its network upgrade. The project team will upgrade the network at block height 139,936,278 (expected to be April 3, 2025, at 00:00 UTC+8).

On April 2nd, according to official information, MEXC opened pre-trading for Babylon (BABY) at 11:00 (UTC+8) on April 2, 2025. Users can make trades in advance before the spot trading for BABY opens.

On April 2nd, according to TheBlock's report, yesterday the U.S. Securities and Exchange Commission (SEC) and the cryptocurrency exchange Gemini submitted a joint letter to the federal court in the Southern District of New York, requesting the judge to approve a 60-day litigation pause. During this period, both parties will explore potential solutions to the lawsuit regarding Gemini Earn, a cryptocurrency lending product. The case stemmed from a lawsuit filed in January 2023, in which the SEC accused Gemini of illegally selling unregistered securities through the Earn project, raising billions of dollars worth of cryptocurrency assets. A month prior to the submission of this motion, Gemini co-founder Cameron Winklevoss disclosed that the SEC had officially notified the end of the investigation into the exchange and would not pursue enforcement actions. This change in the SEC's stance is regarded as a continuation of the cryptocurrency-friendly policies during the Trump administration.

On April 2nd, based on HTX market data, the majority of altcoins witnessed a general decline. These include: ACT experienced a 63.05% price drop in the past 24 hours and is currently trading at $0.0699. LEVER saw a 37.71% price decline in the past 24 hours and is currently trading at $0.000507. DF had a 36.86% price drop in the past 24 hours and is currently trading at $0.04688. MASK suffered a 33.69% price drop in the past 24 hours and is currently trading at $1.364. BROCCOLI74 experienced a 31.81% price drop in the past 24 hours and is currently trading at $0.03264.

On April 2nd, the cryptocurrency analyst @ali_charts presented a chart analysis indicating that since February 25th, the quantity of large ETH transactions has witnessed a decrease of 63.8%, suggesting a decline in on-chain whale activity.