
Tune in to the altFINS Podcast for this week's Crypto Market Overview.
📉 Market Summary:BTC ⬇8.8% | ETH ⬇19.2% | SOL ⬇21.9% | NASDAQ ⬇10.0%
🧠Sentiment & Market Cap:Fear Index: 17 (Fear) | Total crypto market cap: $2.37T
BTC dominance: 62.9% | ETH dominance: 7.4%​
📊 Macroeconomic & Crypto Highlights:
Macroeconomics:
ISM Manufacturing fell to 49.0% and Services to 50.8%.
Strong U.S. employment data: +228k jobs in March vs. 140k expected.
Unemployment edged up slightly to 4.2%.
Fed rate cuts expected: 50% chance for May (to 4.00%–4.25%), 51% chance for June (to 3.75%–4.00%). Markets expect four 0.25% cuts in 2025​.
Crypto:
Broad selloff in crypto and equities triggered by Trump’s tariff rhetoric.
Bitcoin trades well below 21-week MA, indicating bearish pressure.
Global crypto funds saw $240M in outflows, mostly from U.S. BTC ETFs, but AUM remained stable at $132.6B.
Ethereum and Solana revenues remain low; Solana's surge from memecoins (Pump.fun) has cooled off.
ETH and BTC earned $0.4M each; SOL led with $0.8M in recent revenue​.
DeFi revenues across major chains (ETH, SOL, BNB) dropped >50% in March. Only MakerDAO showed growth.
Ethereum fees hit historic lows, raising concerns over long-term validator incentives​.