{"id":72626,"date":"2025-04-07T21:00:00","date_gmt":"2025-04-07T15:30:00","guid":{"rendered":"https:\/\/mudrex.com\/blog\/?p=72626"},"modified":"2025-04-07T17:25:49","modified_gmt":"2025-04-07T11:55:49","slug":"mudrex-crypto-market-recap-april-1-2025-april-7-2025","status":"publish","type":"post","link":"https:\/\/mudrex.com\/blog\/mudrex-crypto-market-recap-april-1-2025-april-7-2025\/","title":{"rendered":"Mudrex Crypto Market Recap | April 1, 2025 \u2013 April 7, 2025"},"content":{"rendered":"\n

Buckle up\u2014global markets are shifting, and crypto\u2019s at the center of it all. From a $5 trillion stock wipeout to Fidelity\u2019s bold retirement play, this week\u2019s roundup dives into the moves you need to know about. Bitcoin\u2019s proving its mettle, Jetking\u2019s betting big in India, and stablecoins are hitting mainstream retail. Here\u2019s what\u2019s happening.<\/p>\n\n\n\n

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The $5T Shock Test<\/h4>\n\n\n\n
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The S&P 500 took a brutal hit last week, shedding a record $5 trillion in just two days after Trump\u2019s surprise tariff announcement sent shockwaves through Wall Street. Bitcoin, though? It barely flinched, dipping a modest 3.7%. Analysts are buzzing\u2014this could mark a turning point.<\/p>\n\n\n\n

Bitcoin\u2019s resilience hints it might be shedding its \u201crisk asset\u201d label and inching toward safe-haven status. With Trump\u2019s tariff push threatening to weaken fiat currencies and stoke inflation fears, Bitcoin\u2019s fixed supply is starting to look like a beacon of stability. Over the past week, BTC held firm above $80K despite the chaos, signaling robust demand and structural buying even in turbulent times.<\/p>\n\n\n\n

Looking ahead, analysts are optimistic. With a growing money supply and shifting perceptions, Bitcoin could climb past $132K by year-end. For investors eyeing global volatility, this might just solidify BTC as a long-term portfolio must-have.<\/p>\n\n\n\n

Markets are moving fast in the wake of Trump\u2019s actions, and staying ahead of these shifts is key to keeping your portfolio in the green. For real-time market updates, trade signals, and community insights, check out the official Mudrex Telegram channel<\/a>.<\/p>\n\n\n\n

An Indian Bitcoin Treasury in the Making<\/h4>\n\n\n\n
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Over in India, Jetking\u2014a publicly listed IT firm\u2014made waves by approving a \u20b96.6 crore fundraise. The twist? It\u2019s not for new servers or software\u2014it\u2019s to buy Bitcoin. Jetking\u2019s diving headfirst into crypto, planning to expand its Bitcoin treasury, snap up more digital assets, and even launch crypto training programs.<\/p>\n\n\n\n

The company\u2019s selling shares at a premium to strategic investors, with full board approval and regulatory compliance locked in. This isn\u2019t just a one-off\u2014it\u2019s one of India\u2019s first serious corporate crypto treasuries, mirroring bold moves by global players like MicroStrategy. Jetking\u2019s Web3 pivot could spark a domino effect, nudging other Indian firms to view crypto as a treasury or diversification play. In emerging markets, this could be a game-changer for mainstream corporate adoption\u2014and demand.<\/p>\n\n\n\n

You Can Now Buy a PS5 With USDC<\/h4>\n\n\n\n
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Sony\u2019s Singapore store just dropped a bombshell: You can now pay with USDC, the second-largest stablecoin, thanks to a partnership with Crypto.com. Want a PlayStation 5 or some sleek electronics? This U.S. dollar-pegged stablecoin\u2019s got you covered, with transactions enabled through Crypto.com\u2019s regulated payment services in Singapore.<\/p>\n\n\n\n

This is more than a gimmick. USDC\u2019s acceptance by a major brand like Sony signals growing trust in digital payments, pushing stablecoins beyond speculation into real-world utility. When big retailers jump on board, it\u2019s a confidence boost for crypto as a legitimate medium of exchange\u2014not just a volatile asset. Expect more stablecoin use cases to pop up as this trend gains steam.<\/p>\n\n\n\n

The Crypto Retirement Plan<\/h4>\n\n\n\n
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Fidelity, a titan in asset management, is shaking up retirement planning. Its new \u201cFidelity Crypto IRA\u201d lets investors tuck Bitcoin, Ethereum, and Litecoin into their retirement portfolios\u2014with zero maintenance or custody fees and a slim 1% trade spread. Whether you\u2019re into Roth, Traditional, or Rollover IRAs, there\u2019s tax flexibility baked in for long-term strategists.<\/p>\n\n\n\n

For now, it\u2019s limited to U.S. residents in eligible states, but Fidelity\u2019s involvement is massive. This move opens the door for millions of retirement investors to dip into crypto, potentially funneling serious long-term capital into digital assets. A regulated, user-friendly option like this could be the spark that lights up mainstream adoption through trusted financial channels.<\/p>\n\n\n\n

Becoming Better at Crypto<\/strong><\/h2>\n\n\n\n
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You asked, and we listened: Every week, we\u2019ll drop a nugget of wisdom to sharpen your crypto skills. This week, it\u2019s all about dodging the scams lurking in the crypto jungle.<\/em><\/p>\n\n\n\n

Here\u2019s why staying scam-savvy is a must:<\/p>\n\n\n\n