BTC/FDUSD Trading Pair Breaks Above 98,000 on Binance

On April 3rd: The stocks related to the digital currency concept experienced a decline. Riot Blockchain (RIOT.O) saw a decrease of 7.23% and Coinbase (COIN.O) dropped by 7.17%. (FX168)

On April 3rd: Traders enhanced their wagers on a Fed rate cut, and there was a 50% likelihood of a fourth rate cut during this year. (FXStreet)

On April 3rd, according to Amberdata, a whale that was on the verge of liquidation with 64,800 ETH had already reduced its leverage 8 hours ago. This led to the ETH liquidation price dropping to $1639. The whale sold 4760 ETH and received 8.64 million DAI for repayment.

On April 3rd, according to Coinglass data, if Bitcoin drops below $80,000, the cumulative long liquidation intensity of mainstream CEX will reach 196 million. On the other hand, if Bitcoin exceeds $84,000, the cumulative short liquidation intensity of mainstream CEX will reach 332 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a liquidity avalanche when it reaches that level.

On April 3rd, based on HTX market data, Bitcoin dropped below $82,000 and is currently trading at $81,905, with a 24-hour decline of 3.19%.

On April 3rd, the White House Press Secretary Levitt said that Trump is concentrating on reducing costs while raising tariffs.