Bitcoin traders are holding onto their assets even after the US government disrupts the global financial market. Recent developments in the USA’s political landscape have impacted the cryptocurrency market to start the second quarter. Namely, USA’s executive order to impose reciprocal tariffs on other countries have caused shockwaves in the financial markets.
According to crypto market reports, Bitcoin fell from $85,238 to $82,526 by the day’s close, marking a 3.18% drop. The rest of the crypto market followed; the total crypto market cap shedding around 4% between April 2 and 3.
However, amid all the volatility drivers affecting the general crypto market, Bitcoin traders are still holding onto their assets. Compared to other cryptocurrency, Bitcoin has remained the most stable, with experts projecting that Bitcoin will stabilize sooner than later.
Positive Developments Bitcoin Traders are Hopeful For
Recently, the US Federal Reserve paused their policies pertaining to tightening cryptocurrency regulation, as part of the government’s pro-crypto stance. Moreover, the push for Bitcoin strategic reserve is another major positive driver for the biggest crypto asset in the market.
That said, memecoins are not so lucky following the various market shockwaves coming mostly from the US government. Namely, the launch of TRUMP-themed memecoins during Trump’s inauguration led to a decline in the memecoin market.
Trading volumes on Pump.fun are down 69.9%, from $33.3 billion to $1 billion. Meanwhile, the number of active wallets dropped 45.1% to 1.44 million, and new token creation fell by 51.8%.
Moreover, in the DeFi space, Uniswap saw its dominance eroded by emerging competitors at the start of the second quarter. Its market share fell from 45% in April 2024 to 29% in March 2025. Notably, PancakeSwap overtook Uniswap in volume, due to its lower transaction fees.
What does this mean for Crypto Casinos?
Amid the various shifts in the general crypto market, Bitcoin traders are still positive with their digital asset. Compared to other cryptocurrency Bitcoin is still regarded as the safest digital asset worth investing in.
The amount of BTC held by long-term holders continues to grow, especially since the US government is drafting pro-crypto laws. Such bills aim for a more secure market and crypto environment for crypto and Bitcoin traders that’s regulated. Additionally, Bitcoin’s DeFi ecosystem is expanding rapidly. Year-over-year, the value locked in Bitcoin DeFi has surged by 2,767%, rising from $0.3 billion to $8.6 billion
As far as crypto casinos, players who use digital assets for their gaming might want to monitor market trends. This way, they can determine when it’s safe to use their assets for their sessions. Meanwhile, Bitcoin traders have more wiggle room, since Bitcoin’s market is still the most stable environment for trading and usage.
Sites like Online Casino Games and a wide range of games tailored to crypto enthusiasts. Moreover, for cryptocurrency gambling, this site offers fast, secure transactions. Players can utilize the site’s Welcome Crypto Bonus to maximize their initial deposit and enjoy an enhanced gaming experience.