Opinion 
March 31, 2025 
4 min. 
The crypto market has gone quiet after Easter. Trading volume has dropped to $53.27 billion, down 10.94% in a day. The total market cap now stands between $2.66 trillion and $2.86 trillion, a fall of 1.49%. Bitcoin (BTC) is steady between $82,250 and $84,094, dominating 61.18% of the market. With traders taking a break, the key question is whether crypto activity will pick up this week.
Bitcoin holds firm despite low volume
Bitcoin’s price remains stable. The fear and greed index is at 26, suggesting uncertainty. Alex Thorn, head of research at Galaxy Digital, said in May 2024 that Bitcoin had outperformed this cycle due to its resilience. Blockchain activity continues as miners and transactions remain active. However, Bitcoin is range-bound between $82,250 and $84,094. Last Easter, CryptoQuant reported a 12% drop in volume, and history is repeating itself.
Ethereum and altcoins struggle
Ethereum (ETH) is trading between $1,902 and $2,173, down 3-6%. It remains crucial for smart contracts but is feeling the holiday slowdown. Solana (SOL) is fluctuating between $131 and $142, rising slightly by 0.43%. XRP is around $2.44, with mixed performance across exchanges. Fantom (FTM) is declining. New Binance tokens, such as Mubarak (MUBARAK) and CZ’s Dog (BROCCOLI714), are drawing attention from bargain hunters.
DeFi shows strength with Aave and Cronos gains
Decentralised finance (DeFi) remains active. Aave (AAVE) has surged 22.06% to $213.03, while Cronos (CRO) has risen 27.92%. TradingView analyst Marie Poteriaieva told Bloomberg in 2023 that DeFi offers real use cases, including lending and staking. Unlike other sectors waiting for traders to return, Aave and Cronos continue to attract users.
Stablecoins keep crypto market afloat
Stablecoins are holding steady. Tether (USDT) and USD Coin (USDC) remain at $1, ensuring liquidity. Tether has a market cap above $100 billion, according to CoinMarketCap, with USDC close behind. In regions like Africa and South America, these assets help users transfer funds quickly during bank holidays, keeping the market moving.
U.S. tariffs may impact crypto trading
New U.S. tariffs take effect on 2 April. X user @0xmozzy suggested that Bitcoin could rise if tariffs hurt stock markets. The S&P 500 is down 1.53%, while the Nasdaq has dropped 2.59%. Alex Thorn noted in September 2024 that crypto markets now react to macroeconomic factors like interest rates and policies. If stocks fall, Bitcoin may benefit as a safe-haven asset, but altcoins like Ethereum and Solana could struggle.
What’s next for Bitcoin Ethereum and DeFi?
Easter dips are common—last year, trading volume fell 12%, according to CryptoQuant, but later recovered. This time, the situation is different. Bitcoin remains near its highs, and DeFi is showing strength. CryptoQuant analyst Charles Yu stated in January 2025 that low volume filters out weak traders. If Bitcoin stays above $82,000, it remains stable. If it falls below, further declines may follow. Ethereum and Solana need momentum, while Aave and Cronos continue their uptrend. Tariffs could change everything—if stocks drop, crypto may either act as a hedge or decline alongside traditional markets. Thorn told Coindesk TV in 2023, “Bitcoin has staying power—it’s the one to watch.” Traders may be taking a break, but they will return soon.
