Crypto Beats Nasdaq Crash, ETH Eyes $5K, BTC Futures Soar

Web3 & Crypto Digest - April 5-6, 2025

Hey Crypto Crew,

Here’s your no-nonsense rundown of Web3 and crypto action from April 5-6, 2025. Straight facts, no fluff.

TL;DR:

• Crypto Outperforms Nasdaq Amid Equities Crash: CoinDesk reported on April 5 that crypto held strong as a $5T equities loss hit, with Bitcoin as a hedge.

• Shiba Inu (SHIB) Price Prediction for April: Crypto.news forecasted SHIB’s April trajectory on April 5, noting a falling wedge pattern.

• Ethereum Price Prediction 2025-2030: Coinpedia released an ETH forecast on April 5, targeting $5K in 2025 with Pectra upgrades.

• Daily Crypto Roundup by Cointelegraph (April 5): Cointelegraph’s April 5 update covered Bitcoin, blockchain, DeFi, NFTs, Web3, and regulations.

• Cointelegraph Crypto Roundup (April 6): Cointelegraph’s April 6 update highlighted a KYC deadline extension to June 1, 2025, among other trends.

• Bitcoin Futures Open Interest Hits Record: CoinDesk noted on April 6 that Bitcoin futures open interest reached $37B, signaling market momentum.

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1. Crypto Holds Up as Stocks Tank

   

   
   Equities lost $5T, but Bitcoin hit ~$84K. A hedge against chaos? Read More

   • Equities lost $5T, Nasdaq hit bear market (20%+ drop).

   • Bitcoin rose to ~$84,000 from $82,879 (April 3 X posts).

   • Seen as a hedge against U.S. tariff-driven isolation.

   • BTC dominance likely near 61.4% (March 31 data).

   • Follows Trump’s tariff escalation (CNN, April 4).

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2. SHIB’s April Price Play

   

   Shiba Inu’s in a falling wedge—breakout or bust? Read More

   • SHIB in a falling wedge, near resistance.

   • Bullish breakout possible if it clears 50MA.

   • Bearish risk if support fails; no exact price given.

   • Tied to BTC’s rise, speculative interest high.

   • X buzz drives SHIB’s community momentum.

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3. ETH to $5K by Year-End?

   

   Ethereum’s forecast says $5K in 2025, $7K+ by 2027. Read More

   • 2025 target: ETH at $5,000, up from $1,794 (April 3).

   • Pectra upgrade adds gasless transactions by late 2025.

   • $34.51M staked in a month (Crypto Quant).

   • 2027 ATH forecast: $8,705, avg $7,246 post-correction.

   • Positions ETH as a DeFi leader through 2030.

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4. Crypto Roundup (Apr 5)
   BTC, DeFi, NFTs shine despite market mess. Read More

   • Snapshot of crypto trends, likely citing BTC’s rise.

   • Regulatory nods to stablecoin bill (April 3).

   • Web3/DeFi resilience amid equities crash noted.

   • Targets traders with real-time insights.

   • Ties to crypto’s outperformance (CoinDesk).

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5. Crypto Roundup (Apr 6)
   KYC deadline pushed to June 1, 2025. Read More

   • KYC deadline extended from March 3 to June 1, 2025.

   • Unverified claims risk being expunged.

   • Covers BTC, blockchain, DeFi, NFTs, Web3 trends.

   • Likely reflects BTC futures surge (CoinDesk).

   • Keeps users updated on compliance and market shifts.

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6. BTC Futures Hit $37B

   

   Bitcoin futures open interest spiked to $37B. Bull run incoming? Read More

   • Open interest hit $37B, up from prior highs.

   • BTC stabilized at ~$84,000 (April 5 trend).

   • Reflects bullish sentiment post-equities crash.

   • Daily volume likely near $30B (March 31 base).

   • Ties to regulatory optimism (e.g., Atkins’ nomination).

     Quick Tip: Watch BTC at $84K—if it holds, altcoins might pop. Check your KYC status too!
     

Stay sharp,

Akash