From CoinTelegraph
April 4, 2025 2:00 pm:

Despite growing tariff-related uncertainty, analysts predict a 70% chance of cryptocurrency markets hitting a local bottom in the next two months, setting the stage for the 2025 cycle. A trader turned a $2,000 investment into $43 million by trading the memecoin Pepe, showcasing the potential for generational wealth in the crypto market.

US President Trump’s reciprocal import tariffs aim to reduce a $1.2 trillion trade deficit, impacting global markets. The Nansen crypto intelligence platform estimates a 70% likelihood of crypto prices bottoming by June, with BTC and ETH currently trading below year-to-date highs, signaling a potential market turnaround.

A savvy cryptocurrency trader earned over $10 million in profit by investing $2,000 in the memecoin Pepe, despite a 74% price drop from its peak. Memecoins like Pepe are known for extreme volatility and speculative nature, yet have proven to generate significant returns for early investors.

The stablecoin supply may reach $1 trillion by the end of 2025, potentially driving broader cryptocurrency market growth. CoinFund’s David Pakman expects a significant uptick in stablecoin adoption, which could benefit decentralized finance (DeFi) activity and blockchain-based finance as a whole.

Avalanche witnessed a 70% surge in stablecoin supply over the past year, reaching over $2.5 billion. However, the lack of onchain deployment of this capital has limited demand for Avalanche’s utility token AVAX, which has seen a 60% price drop despite the influx of stablecoins.

The first quarter of 2025 saw a 27% decrease in total value locked in DeFi protocols due to economic uncertainty and a major exchange hack. AI and social apps gained traction, while Ethereum and Sui faced significant TVL drops. Berachain was the only top-10 blockchain to see TVL growth in the quarter.

In the DeFi market, most of the top 100 cryptocurrencies ended the week in the red. The Pi Network (PI) token had the largest decline, falling over 34%, followed by the Berachain (BERA) token. The total value locked in DeFi protocols experienced a significant decrease in the first quarter of 2025.

Read more at Cointelegraph: Crypto market bottom likely by June despite tariff fears: Finance Redefined