Yeliz Akmaca 
The crypto market started with a slight decline. The total market capitalization is dropping to $2.91 trillion, with a $26 billion loss during this period. Bitcoin (BTC) is down 1%, falling to $94,659. Ethereum Name Service (ENS) has dropped by 7%. The US first-quarter GDP data for 2025 came in weak, signaling an economic slowdown. This uncertainty is pushing investors away from risky assets, impacting cryptocurrencies. BTC is trying to hold at the $94,000 support level. The RSI is in the neutral zone, but selling pressure is increasing. A close above $95,000 could trigger a bullish signal.
Key Developments Affecting the Market
Several factors are triggering the decline. US macroeconomic data is fueling recession fears but also stoking hopes for interest rate cuts. These mixed signals are causing market volatility. Bitcoin is struggling to break the $95,000 resistance. Ethereum, despite the upcoming Pectra upgrade, remains under competitive pressure, increasing the strain on altcoins. Stablecoin supply dynamics are also affecting the market. Global regulatory delays in stablecoin regulations, discussed on the X platform, are deepening uncertainty.
Additionally, Binance’s strategic partnership with Kyrgyzstan’s National Investment Agency aims to accelerate crypto payments and digital finance education in the country, but global regulatory uncertainties continue to weigh on the market.
This Week’s Crypto Market Agenda
This week, several events are drawing attention in the crypto world. Bitcoin ETF inflows are slowing, and institutional demand is declining. Ethereum’s Pectra upgrade testnets are going live, but they have yet to create a positive market impact. Liquidity issues are being discussed on crypto exchanges, while the total value locked (TVL) in DeFi protocols reaches $110 billion. China’s restrictions on crypto mining are back in the spotlight, affecting Asian markets.
The crypto market is grappling with economic uncertainties, technical resistance levels, and regulatory developments. Investors are proceeding cautiously in this volatile period.
**Not Investment Advice**