Bitcoin has seen a notable price consolidation over the past few weeks, 
trading between the $84,000 and $86,000 levels. Despite the initial surge in 
price, the cryptocurrency has faced a decline of 3.7% in the past week and 
nearly 10% in the past month, signaling a period of stagnation in its upward 
momentum. At the time of writing, Bitcoin is priced at $84,263, raising 
questions about the future trajectory of the asset as investors await a clear 
direction. Related Reading: Bitcoin Reverses Losses—Analysts Say $100K Is On 
The Horizon The Dead Cross: A Signal for a Potential Price Drop? 
BilalHuseynov, a contributor to CryptoQuant’s QuickTake Platform, has offered 
valuable insights into Bitcoin’s current market behavior. In his latest post, 
titled &#8220;Will Bitcoin Drop Anymore?&#8221;, he sheds light on key on-chain metrics 
that may help predict the next movement in Bitcoin’s price. His analysis 
revolves around the behavior of two important metrics: Realized Cap and Thermo 
Cap, particularly focusing on their recent crossover, which could have 
significant implications for Bitcoin&#8217;s price direction. Huseynov explains that 
the Realized Cap metric, which tracks Bitcoin&#8217;s total value based on its last 
movement price, gives a more accurate representation of the network&#8217;s economic 
value. On the other hand, Thermo Cap measures the total capital introduced 
into the BTC network through mining. When Thermo Cap crosses below Realized 
Cap — known as a &#8220;Dead Cross&#8221; — it signals that Bitcoin might be heading 
toward a price decline. Huseynov points out that this situation is unfolding 
and predicts that BTC&#8217;s price could drop to as low as $75,000 if the second 
Dead Cross materializes. Is The Bitcoin Market Condition Still Healthy? In 
addition to Huseynov analysis, another CryptoQuant’s analyst Banker has 
provided insight into the Coin Days Destroyed (CDD) metric, which tracks the 
movement of long-dormant BTC. Since March 2025, the CDD 60-day moving average 
has remained low, indicating that long-term holders are not selling their 
Bitcoin in large quantities. This behavior is often a sign of confidence among 
seasoned investors, suggesting that they believe in Bitcoin’s long-term 
potential. Related Reading: Is The Bitcoin Bull Run Over? Watch This Key Price 
The absence of major CDD spikes indicates that the market is not experiencing 
extreme price volatility, which could signal a period of consolidation or 
eventual upward momentum as selling pressure remains low. This development 
also coincides with recent reports of short-term holders exhibiting less 
selling pressure after their initial move of taking profits. Decrease in 
selling pressure by 1-3 month holders “These holders appear to show reduced 
activity in the market after taking profits from their short-term trades.” – 
By @CryptoOnchain Read more ⤵️https://t.co/ThyGe7pjPO 
pic.twitter.com/0minPLfiWM — CryptoQuant.com (@cryptoquant_com) April 1, 2025 
Featured image created with DALL-E, Chart from TradingView

Bitcoin’s Fate Hinges on This Critical ‘Dead Cross’ Signal — What’s Next for BTC?

Binance has reaffirmed the accuracy of FDUSD&#8217;s reserve attestation for 
February, following concerns sparked by a brief de-pegging event. In an Apr. 3 
update on the company’s blog, Binance stated it had reviewed First Digital 
USD’s (FDUSD) reserve data twice,…

Binance confirms FDUSD reserves are accurate after a brief de-pegging event

Brazil backs BRICS&#8217; push to trade in national currencies, urging reduced U.S. 
dollar reliance despite business preference for its liquidity and dominance in 
private transactions. BRICS Accelerates Local Currency Trade as Brazil 
Declares Full Support for Shift Brazil’s Finance Ministry has reaffirmed its 
dedication to expanding the use of national currencies in trade between BRICS 
[…]

BRICS Expands Currency Independence Plan as Brazil Champions Dollar-Free Deals

Ethereum price attempted a recovery wave above the $1,880 level but failed. 
ETH is now trimming all gains and remains below the $1,880 resistance zone. 
Ethereum failed to stay above the $1,850 and $1,880 levels. The price is 
trading below $1,850 and the 100-hourly Simple Moving Average. There was a 
break below a key bullish trend line with support at $1,865 on the hourly 
chart of ETH/USD (data feed via Kraken). The pair must clear the $1,865 and 
$1,890 resistance levels to start a decent increase. Ethereum Price Fails 
Again Ethereum price managed to stay above the $1,800 support zone and started 
a recovery wave, like Bitcoin. ETH was able to climb above the $1,850 and 
$1,880 resistance levels. The bulls even pushed the price above the $1,920 
resistance zone. However, the bears are active near the $1,950 zone. A high 
was formed at $1,955 and the price trimmed most gains. There was a break below 
a key bullish trend line with support at $1,865 on the hourly chart of 
ETH/USD. A low was formed at $1,781 and the price is now consolidating near 
the 23.6% Fib retracement level of the downward move from the $1,955 swing 
high to the $1,781 low. Ethereum price is now trading below $1,850 and the 
100-hourly Simple Moving Average. On the upside, the price seems to be facing 
hurdles near the $1,850 level. The next key resistance is near the $1,865 
level and the 50% Fib retracement level of the downward move from the $1,955 
swing high to the $1,781 low. The first major resistance is near the $1,920 
level. A clear move above the $1,920 resistance might send the price toward 
the $1,950 resistance. An upside break above the $1,950 resistance might call 
for more gains in the coming sessions. In the stated case, Ether could rise 
toward the $2,000 resistance zone or even $2,050 in the near term. Another 
Decline In ETH? If Ethereum fails to clear the $1,865 resistance, it could 
start another decline. Initial support on the downside is near the $1,800 
level. The first major support sits near the $1,780 zone. A clear move below 
the $1,780 support might push the price toward the $1,720 support. Any more 
losses might send the price toward the $1,680 support level in the near term. 
The next key support sits at $1,620. Technical Indicators Hourly MACD – The 
MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI &#8211; The RSI 
for ETH/USD is now below the 50 zone. Major Support Level – $1,780 Major 
Resistance Level – $1,865

Ethereum Price Recovery Stalls—Bears Keep Price Below $2K

Distributed denial-of-service (DDoS) attacks are outpacing many traditional 
cyber threats and are no longer just a tool but a &#8220;dominant geopolitical 
weapon,&#8221; according to network security firm Netscout.
Global DDoS activity increased by 12.7% in the second half of 2024 compared to 
the first half, totaling almost 9 million attacks, according to the firm.
A DDoS attack is a malicious attempt to disrupt the normal web traffic of a 
targeted server, service, or network by overwhelming the target or its 
surrounding infrastructure with a flood of internet traffic.
The largest increases have been in Latin America and the Asia Pacific regions, 
with around 30% and 20% increases from the first half, respectively. 
Netscout reported that there were a total of 7.9 million DDoS attacks in the 
first half of 2024, with a combined total of 16.8 million for the full year, 
up almost 30% from the 13 million attacks the firm recorded in 2023. 
Attackers have been using the internet disruption tool to &#8220;exploit moments of 
national vulnerability to amplify chaos and erode trust in institutions,&#8221; the 
researchers said.
The report described DDoS attacks as &#8220;precision-guided digital weapons&#8221; 
capable of disrupting infrastructure at critical moments, highlighting how 
they have been deployed during sociopolitical conflicts, elections, protests, 
and policy disputes.
_Weekly DDoS statistics, 2024. Source: Netscout_
## AI is supercharging DDoS attacks
DDoS-for-hire services, including booters and stressers, are &#8220;more powerful 
than ever,&#8221; they added, as cyber criminals leverage AI and automation to 
bypass CAPTCHA, with automation &#8220;advancing toward capabilities such as 
behavior mimicry and real-time attack adjustments.&#8221;
The researchers concluded that DDoS attacks &#8220;are no longer just about raw 
bandwidth,&#8221; adding that they are &#8220;adaptive, persistent, and deeply embedded in 
modern cyber and geopolitical conflicts.&#8221;
&gt; &#8220;The shift to high-powered enterprise infrastructure, turnkey 
&gt; reconnaissance, the rise of AI-enhanced automation and the expansion of 
&gt; DDoS-for-hire services mean that attackers are evolving faster than ever.&#8221;
The role of DDoS attacks is evolving, Corero Network Security chief technology 
officer Ashley Stephenson told Forbes recently, adding, &#8220;By automating tasks 
that were once labor-intensive or required specialized skills, AI lowers the 
barrier to entry for attackers.&#8221;
_**Related:**__**Crypto crime in 2024 likely exceeded $51B, far higher than 
reported: Chainalysis**_
A DDoS attack targeted Elon Musk&#8217;s social media platform X in August, aimed at 
disrupting his interview with then-presidential candidate Donald Trump.
X was targeted again in March when a massive cyberattack prevented some users 
from accessing the platform.
A hacking group with ties to Russia called &#8220;Dark Storm&#8221; claimed responsibility 
for the DDoS attack on Musk&#8217;s platform, claiming that it was not politically 
motivated.
_**Magazine:**__**Financial nihilism in crypto is over &#8212; It&#8217;s time to dream 
big again**_

Cryptocurrency price in USD