First Digital USD narxFDUSD

Bitcoin held relatively steady Monday near key support levels, even as President Donald Trump brought on a fiery rhetoric on social media regarding trade tariffs and Federal Reserve policy, fueling fresh debate about BTC’s role during macroeconomic uncertainty. While Trump accused China of unfair tariff retaliation (citing a 34% hike) and insisted there’s “NO INFLATION” despite recent market turmoil, Bitcoin found its footing. After dipping below $75,000 earlier Monday (hitting lows near $74,434), BTC climbed back to trade around $76,561 at press time. The crypto market overall had shed over $100 billion since April 1st due to tariff fears. In his post, Trump mentioned oil, food, and interest rates are down and insisted there’s “NO INFLATION.” At the same time, he pressured the Fed to slash rates in response. “The slow-moving Fed should cut rates!” he wrote, as he slammed China for its unfair retaliation despite the U.S. bringing in billions weekly from existing tariffs. His politically charged statement has real economic implications: if the Fed bows to pressure, liquidity could surge—and that’s exactly where Bitcoin could benefit. Related: FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows Historically, dovish monetary pivots have fueled appetite for risk assets, and crypto markets are no exception. With over $100 billion wiped off crypto’s total market cap in recent days due to macro fear and tariff shocks, traders are now recalibrating their strategies. The looming question is if emergency rate cuts or a quantitative easing would help Bitcoin rebound from its current slump. For now, BTC appeared to have found support at $74K. This aligns with the first major supply cluster below $80K – over 50K $BTC at $74.2K. Glassnode found that investors who had been active for five months typically held at this level, and steadily raised their cost basis until 10 March, after which they remained dormant. As market participants speculate on Trump’s next course of action, Bitcoin may end up as one of the key beneficiaries if inflation stays muted and fiat credibility takes a hit. Related: Don’t Expect Quick BTC Rally: Ki Young Ju Sees 6+ Month Bear Data Pattern While Wall Street navigates the chaos, Bitcoin holders are eyeing the Fed’s next move. If rate cuts come, Bitcoin’s next bull run may not be far behind. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

By Sunday evening, just before 5 p.m. ET, bitcoin ( BTC) was changing hands at $79,385 per coin, having earlier dipped to an intraday low of $78,639. As of this writing, BTC has declined 4.3% against the U.S. dollar and is showing a 30-day contraction of 9.3%. The evening’s most active trading pair remains USDT, followed in volume by USD, USDC, FDUSD, EUR, and KRW. Top five crypto coins at 4:30 p.m. ET on Sunday April 6, 2025. Bitcoin’s downturn has sent tremors through the broader digital asset sector, as altcoins follow suit with heavy declines. Ethereum ( ETH) endured a 10.5% drop today, while XRP is down 6.6%. BNB slipped by 5.8%, and SOL has relinquished approximately 9.5% of its value in the past 24 hours. Similarly, DOGE mirrored SOL’s retreat, losing 9.5% as well. Since Friday, the crypto market has experienced a staggering $160 billion contraction, the bulk of which unfolded on Sunday. Elsewhere in the sector, several tokens registered double-digit pullbacks. TAO dropped 14.7% today, WLD fell by 13.7%, and OP retreated 13% against the greenback. At 1:45 p.m. ET on Sunday, crypto derivatives markets recorded $252.79 million in liquidations. That figure soared to a whopping $603.08 million by 4:30 p.m. as BTC fell beneath the $80,000 line. Roughly $165 million of those wiped-out positions were BTC long positions, with an additional $148 million in ETH long bets facing similar fates. Sunday’s volatility laid bare the delicate equilibrium within crypto markets, as bitcoin’s decline rippled through altcoins and derivatives with swift consequence. Widespread liquidations exposed the fragility of leveraged positions, intensifying the extent of losses as prices sank beneath $80,000 and even $79,000. These sudden reversals challenge investor conviction, compelling a fresh evaluation of risk in the face of unstable valuations. At precisely 5 p.m. ET on Sunday, BTC was trading below the $79,000 mark at $78,770 per unit. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

First Digital Trust, the issuer of the FDUSD stablecoin, has refuted recent allegations by Justin Sun. First Digital Trust labeled the allegations as false and unrelated to its operations. In a statement on X, FDT clarified that the controversy involves TrueUSD, not FDUSD ( FDUSD ). “This dispute is with TUSD and not with $FDUSD. First Digital is completely solvent,” FDT posted. The firm emphasized that FDUSD is fully backed by U.S. Treasury bills, with reserve details transparently outlined in its attestation reports. On April 2, Justin Sun claimed that First Digital Trust was insolvent after mismanaging nearly $456 million in TrueUSD reserves. Legal filings revealed that the funds were diverted into unauthorized investments, prompting Sun to provide emergency funding to Techteryx. “This is a typical Justin Sun smear campaign to attack a competitor,” FDT stated, accusing Sun of attempting to damage its business through a coordinated social media effort rather than allowing the TUSD dispute to be resolved in court. FDT reaffirmed its solvency and the security of FDUSD reserves, adding that all funds are accounted for with verifiable ISIN numbers. The company also announced plans to take legal action to defend its rights and reputation.

🚨 Don't Put Your Funds in Just One Stablecoin 🚨 Avoid keeping your entire fund in a single stablecoin 🤯. Instead, diversify by allocating portions to: 1️⃣ USDT (Tether)_ 💸 2️⃣ USDC (USD Coin)_ 💰 3️⃣ FDUSD (Fei USD)_ 📈 This strategy helps mitigate potential risks: 🔹 Reduces exposure to a single stablecoin's collapse 📉 🔹 Increases overall stability and security 🔒 🔹 Diversifies your portfolio 📊 Remember to: 📊 Monitor market trends and stablecoin performance 🔄 Adjust your portfolio as needed 📰 Stay informed about potential risks and opportunities Diversification is key to minimizing risk and maximizing returns in the stablecoin market 📈. $USDC $FDUSD $BTC

📢Tron founder @justinsuntron accused First Digital Trust of not redeeming $TUSD's $501M reserve. 💰 Justin Sun also stated that the HK financial institution was bankrupt which FDT has later denied. 🇭🇰 📌The firm's stablecoin FDUSD dropped from the $1 peg and crashed to