On Tuesday, April 1, 2025, Bitcoin experienced modest gains, rising by 2.03% globally to $83,133, according to CoinMarketCap.
Crypto traders may be bracing for more volatility after a volatile March saw the price of Bitcoin hit a three-week high on Tuesday, while the world's largest cryptocurrency maintained modest gains.
Bitcoin traded at $83,133, increasing by 2.03% over 24 hours, according to CoinMarketCap. On Indian exchanges, the price rose by 2%, ranging from $85,992 to $87,912.
After a turbulent period that saw global tariff disputes and a shift in macroeconomic trends fuel volatility, analysts warn that the cryptocurrency market may see more ups and downs.
The total cryptocurrency market cap grew by 1.37% over 24 hours, reaching $2.68 trillion. Bitcoin's dominance stood at 64%.
In other developments, the price of Ether increased by 1.82%, reaching $1,837 globally and $1,855 in India, showing a gain of just under 2%.
Tether, Binance Coin, Stellar, Litecoin, Near Protocol, and Cronos all experienced slight declines, indicating a mixed market.
Despite the volatility, Bitcoin's price has been steadily increasing, offering some stability in the crypto market.
suggest that 30,000 BTC are being withdrawn from exchanges each week. Long-term holders are accumulating, reducing selling pressure and potentially shifting the market. This could be a factor in Bitcoin's price gains.
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