Ethereum price started a downside correction below the $1,800 level. ETH is now testing the $1,750 zone and might dip further toward $1,700. Ethereum started a downside correction and traded below the $1,780 level. The price is trading below $1,775 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,785 resistance zone. Ethereum Price Starts Downside Correction Ethereum price remained stable above the $1,720 level and started a fresh increase, like Bitcoin. ETH traded above the $1,750 and $1,780 levels. The bulls even pumped the price above the $1,800 level. A high was formed near $1,850 and the price recently started a downside correction. There was a move below the 50% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high. The price even dipped below the $1,800 level. There was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH/USD. The bulls are now active near the 76.4% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high. Ethereum price is now trading below $1,780 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,775 level. The next key resistance is near the $1,800 level. The first major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,850 resistance. An upside break above the $1,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,920 resistance zone or even $2,000 in the near term. More Losses In ETH? If Ethereum fails to clear the $1,800 resistance, it could start a fresh decline. Initial support on the downside is near the $1,750 level. The first major support sits near the $1,700 zone. A clear move below the $1,700 support might push the price toward the $1,650 support. Any more losses might send the price toward the $1,620 support level in the near term. The next key support sits at $1,550. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,750 Major Resistance Level – $1,800

Ethereum price started a downside correction below the $1,800 level. ETH is now testing the $1,750 zone and might dip further toward $1,700. Ethereum started a downside correction and traded below the $1,780 level. The price is trading below $1,775 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,785 resistance zone. Ethereum Price Starts Downside Correction Ethereum price remained stable above the $1,720 level and started a fresh increase, like Bitcoin. ETH traded above the $1,750 and $1,780 levels. The bulls even pumped the price above the $1,800 level. A high was formed near $1,850 and the price recently started a downside correction. There was a move below the 50% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high. The price even dipped below the $1,800 level. There was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH/USD. The bulls are now active near the 76.4% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high. Ethereum price is now trading below $1,780 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,775 level. The next key resistance is near the $1,800 level. The first major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,850 resistance. An upside break above the $1,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,920 resistance zone or even $2,000 in the near term. More Losses In ETH? If Ethereum fails to clear the $1,800 resistance, it could start a fresh decline. Initial support on the downside is near the $1,750 level. The first major support sits near the $1,700 zone. A clear move below the $1,700 support might push the price toward the $1,650 support. Any more losses might send the price toward the $1,620 support level in the near term. The next key support sits at $1,550. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,750 Major Resistance Level – $1,800

Ethereum's price has dipped below key support levels, testing $1,750 after breaking a bullish trend line, with potential for further decline or a rebound if it surpasses $1,785 resistance.  

Ethereum Price Retreats — Temporary Breather or Trend Shift?

The event highlights potential ethical breaches, risking increased political influence through financial investments in digital assets.
The post <a href="https://cryptobriefing.com/pay-to-play-corruption-trump/">&#8216;Pay to play corruption&#8217; — Sen. Warren and Schiff blast Trump&#8217;s upcoming dinner with top coin holders</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.

The event highlights potential ethical breaches, risking increased political influence through financial investments in digital assets.
The post ‘Pay to play corruption’ — Sen. Warren and Schiff blast Trump’s upcoming dinner with top coin holders appeared first on Crypto Briefing.

Senators Warren and Schiff accuse Trump of "pay-to-play corruption" over his planned dinner with major cryptocurrency holders, raising concerns about ethical breaches and political influence through digital asset investments.  

‘Pay to play corruption’ — Sen. Warren and Schiff blast Trump’s upcoming dinner with top coin holders

World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards. Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and&#8230;

World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards. Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and…

World Liberty Financial founders met with Binance's Changpeng Zhao to explore strategies for expanding global cryptocurrency adoption and establishing new industry standards.  

World Liberty Financial founders meet Binance’s CZ to discuss global crypto expansion

<img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDIvMDE5NGUyZDQtNGM3Ni03NzgzLTljZTAtOWFmNTYxOGJkZGFi.jpg"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDIvMDE5NGUyZDQtNGM3Ni03NzgzLTljZTAtOWFmNTYxOGJkZGFi.jpg" alt="Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG">Bitcoin is starting to act as a store of value during times of &ldquo;US-risk-off&rdquo; sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) felt &ldquo;noticeably different&rdquo; over the trading week ended April 25, NYDIG&rsquo;s global head of research Greg Cipolaro <a data-ct-non-breakable="null" href="https://viewemail.nydig.com/bitcoin-decouples-tentatively" rel="null" target="null" text="null" title="null">said</a> in an April 25 market <a data-ct-non-breakable="null" href="https://viewemail.nydig.com/bitcoin-decouples-tentatively" rel="null" target="null" text="null" title="null">note</a>.&nbsp;&ldquo;We&rsquo;ve been observing subtle shifts in its behavior over the past few weeks,&rdquo; he added. &ldquo;The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.&rdquo;<blockquote>&ldquo;Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.&rdquo;</blockquote>Cipolaro noted that Bitcoin has gained more than 13% since the beginning of April, while US markets such as the S&amp;P 500 and tech-heavy Nasdaq have declined amid escalating global trade tensions due to US President Donald Trump&rsquo;s tariffs.He added that the US dollar and long-term US Treasurys have also underperformed since the election and Trump&rsquo;s April 2 &ldquo;<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/trump-liberation-day-climax-uncertainty-crypto-market-recovery" rel="null" target="null" text="null" title="null">Liberation Day</a>&rdquo; tariff announcements, which lumped every country with various rates, the minimum being 10%.Gold and currencies such as the Swiss franc have been consistent winners as safe havens, Cipolaro said, noting that Bitcoin is emerging as a non-sovereign store of value.Amid <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/rare-market-volatility-signal-points-to-higher-bitcoin-price-in-6-to-12-months-dan-tapiero" rel="null" target="null" text="null" title="null">surging volatility</a> in equities, measured with the VIX index, foreign exchange rates (CVIX index), and interest rates and bonds (MOVE index), investors have been on the hunt for these <a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/is-bitcoin-the-new-safe-haven-during-trade-wars" rel="null" target="null" text="null" title="null">safe haven assets</a>.&nbsp;<figure><img src="https://s3.cointelegraph.com/uploads/2025-04/01967a6f-c7a9-7efa-b732-97cd8434f5bb" title="" alt="Bitcoin acts like &lsquo;store of value that it is&rsquo; amid Trump policy chaos: NYDIG"><figcaption style="text-align: center;">Several asset classes have recently seen high volatility. Source: <a data-ct-non-breakable="null" href="https://viewemail.nydig.com/bitcoin-decouples-tentatively" rel="null" target="null" text="null" title="https://viewemail.nydig.com/bitcoin-decouples-tentatively">NYDIG</a></figcaption></figure>Cipolaro said investors are also seeking alternatives to US hegemony, whether that is stocks, bonds, forex, or commodities.&nbsp;<h2>Few large liquid options</h2>However, Cipolaro said investors seeking alternatives outside traditional financial systems have few large, liquid options.Gold remains the largest non-sovereign store of value at around a $22 trillion market cap, while Bitcoin has just a fraction of that at $1.8 trillion.&nbsp;Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/new-bitcoin-price-all-time-highs-could-occur-in-may-here-is-why" rel="null" target="null" text="null" title="null">New Bitcoin price all-time highs could occur in May &mdash; Here is why</a>Additionally, Bitcoin is the only top crypto asset listed that &ldquo;solely focuses on monetary or store of value use cases,&rdquo; while the others are better described as the fuel for decentralized application platforms, he said.&nbsp;Cipolaro concluded that despite Bitcoin&rsquo;s recent gains, &ldquo;there are few signs of the market overheating,&rdquo; and the recovery is still in early stages.Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoin-100k-price-hopes-sam-bankman-fried-prison-move-hodlers-digest/" rel="null" target="null" text="null" title="null">Bitcoin $100K hopes on ice, SBF&rsquo;s mysterious prison move: Hodler&rsquo;s Digest</a><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template>

Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.
Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an April 25 market note. 
“We’ve been observing subtle shifts in its behavior over the past few weeks,” he added. “The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.”
“Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.”
Cipolaro noted that Bitcoin has gained more than 13% since the beginning of April, while US markets such as the S&P 500 and tech-heavy Nasdaq have declined amid escalating global trade tensions due to US President Donald Trump’s tariffs.
He added that the US dollar and long-term US Treasurys have also underperformed since the election and Trump’s April 2 “Liberation Day” tariff announcements, which lumped every country with various rates, the minimum being 10%.
Gold and currencies such as the Swiss franc have been consistent winners as safe havens, Cipolaro said, noting that Bitcoin is emerging as a non-sovereign store of value.
Amid surging volatility in equities, measured with the VIX index, foreign exchange rates (CVIX index), and interest rates and bonds (MOVE index), investors have been on the hunt for these safe haven assets. 
Several asset classes have recently seen high volatility. Source: NYDIG
Cipolaro said investors are also seeking alternatives to US hegemony, whether that is stocks, bonds, forex, or commodities. 
Few large liquid options
However, Cipolaro said investors seeking alternatives outside traditional financial systems have few large, liquid options.
Gold remains the largest non-sovereign store of value at around a $22 trillion market cap, while Bitcoin has just a fraction of that at $1.8 trillion. 
Related: New Bitcoin price all-time highs could occur in May — Here is why
Additionally, Bitcoin is the only top crypto asset listed that “solely focuses on monetary or store of value use cases,” while the others are better described as the fuel for decentralized application platforms, he said. 
Cipolaro concluded that despite Bitcoin’s recent gains, “there are few signs of the market overheating,” and the recovery is still in early stages.
Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest

Bitcoin is showing signs of behaving as a store of value amid U.S. political uncertainty, with NYDIG noting a decoupling from traditional risk assets in recent weeks.  

Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG

<img width="768" height="432" src="https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-768x432.png" class="attachment-medium_large size-medium_large wp-post-image" alt="" decoding="async" style="float:left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-300x169.png 300w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-1024x576.png 1024w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-768x432.png 768w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-190x107.png 190w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-380x214.png 380w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy-760x428.png 760w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/tariff-tsunami-economist-steve-hanke-predicts-rough-times-for-us-economy.png 1280w" sizes="(max-width: 768px) 100vw, 768px" />Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff Act and denouncing it as “the stupidest thing I’ve ever seen in my life.” Trump’s Trade Levy Could Repeat 1930s Market Freefall, Warns Hanke On [&#8230;]

Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff Act and denouncing it as “the stupidest thing I’ve ever seen in my life.” Trump’s Trade Levy Could Repeat 1930s Market Freefall, Warns Hanke On […]

Economist Steve Hanke criticizes President Trump's tariffs, comparing them to the damaging Smoot-Hawley Tariff Act of the 1930s and warning of potential economic downturn.  

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Ethereum Price Retreats — Temporary Breather or Trend Shift?

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