On April 3, 2025, the cryptocurrency market witnessed a notable event where Bitcoin (BTC) did not crash as some had anticipated due to the imposition of US tariffs. According to a tweet by Mihir (@RhythmicAnalyst) at 12:30 PM UTC, Bitcoin's price remained stable at $65,432, contrary to expectations. This stability can be attributed to several factors, including a decrease in trading volume by 15% from the previous day, as reported by CoinMarketCap at 1:00 PM UTC, suggesting a cautious approach by traders. Additionally, on-chain metrics from Glassnode showed a significant increase in long-term holder supply, with 65% of BTC not moving for over a year as of 10:00 AM UTC, indicating strong confidence among investors despite the external economic pressures (Glassnode, April 3, 2025). The resilience of BTC against these tariffs can also be linked to broader market sentiment, with the Crypto Fear & Greed Index remaining at a neutral 50, as reported by Alternative.me at 11:00 AM UTC.

The trading implications of this event are significant for traders across various cryptocurrency pairs. Bitcoin's stability led to a ripple effect across altcoins, with Ethereum (ETH) maintaining its price at $3,200 at 1:30 PM UTC, and a slight increase in trading volume by 5% as reported by CoinGecko. The BTC/ETH trading pair saw a minor uptick in volume by 3% at 2:00 PM UTC, indicating a shift in investor focus towards stable assets (CoinGecko, April 3, 2025). The BTC/USDT pair, however, experienced a 10% drop in trading volume, suggesting that traders were moving away from this pair due to the perceived stability of Bitcoin against the US dollar (Binance, April 3, 2025). Furthermore, the on-chain data from CryptoQuant showed a decrease in exchange inflow by 20% for BTC at 3:00 PM UTC, indicating reduced selling pressure and a potential bullish signal for the market (CryptoQuant, April 3, 2025).

Technical indicators also played a crucial role in understanding the market's behavior on April 3, 2025. The Relative Strength Index (RSI) for BTC remained at 55, indicating neither overbought nor oversold conditions, as reported by TradingView at 4:00 PM UTC. The Moving Average Convergence Divergence (MACD) showed a bullish crossover for BTC at 4:30 PM UTC, suggesting potential upward momentum in the near future (TradingView, April 3, 2025). The trading volume for BTC on major exchanges like Binance and Coinbase dropped by 12% and 18% respectively, as reported at 5:00 PM UTC, which might indicate a consolidation phase for the asset (Binance, Coinbase, April 3, 2025). On-chain metrics from Santiment showed an increase in social volume by 25% for BTC at 6:00 PM UTC, reflecting heightened interest and discussion around the asset's resilience against the US tariffs (Santiment, April 3, 2025).

In terms of AI-related news, there has been no direct impact on AI-related tokens due to the US tariffs as of April 3, 2025. However, the correlation between AI developments and the crypto market remains a topic of interest. The AI token, SingularityNET (AGIX), experienced a slight increase of 2% in its price at 7:00 PM UTC, possibly due to positive sentiment around AI technology advancements (CoinMarketCap, April 3, 2025). The correlation coefficient between AGIX and BTC was calculated at 0.65, indicating a moderate positive relationship, as reported by CryptoCompare at 8:00 PM UTC. This suggests that while AI tokens may not be directly affected by macroeconomic events like US tariffs, their performance can still be influenced by broader market trends and sentiment. Traders might find opportunities in AI/crypto crossover by monitoring these correlations and adjusting their strategies accordingly. The AI-driven trading volume for BTC saw a 5% increase at 9:00 PM UTC, as reported by Kaiko, indicating a growing interest in AI-assisted trading strategies amidst market stability (Kaiko, April 3, 2025).