Is the worst over? - Crypto Market Update #49

Original author：Die Kryptologen

Original source：https://www.youtube.com/embed/z2VvkccdHsA

🧡 SIGN UP WITH BYBIT: 🔗 https://www.bybit.eu (https://partner.bybit.eu/b/KRYPTOLOGEN) 🏷️ Partner link: KRYPTOLOGEN 📣 Current campaigns: 50€ Recurring Buy (https://www.bybit.eu/en-EU/promo/campaign/RecurringBuyRewards/?affiliate_id=141386) | 3% APY Campaign (https://www.bybit.eu/en-EU/promo/campaign/BiggerReturnShorterHold/?affiliate_id=141386) | Ski Austria (https://www.bybit.eu/en-EU/promo/campaign/SkiAustria/?affiliate_id=141386) | 100% APR on USDC (https://www.bybit.eu/en-EU/promo/campaign/BiggerReturnShorterHold/?affiliate_id=141386) 🌐 STAKE WITH ONCHAINAUSTRIA: 🔗 https://onchainaustria.at (https://onchainaustria.at/) 🏷️ Stake ETH, STRK, NYM & DOT Market update #49 - April 2nd, 2026 This week the market seems contradictory at first glance: signs of relaxation in the Middle East, rising stock markets, but at the same time still high oil prices, concerns about inflation and a Bitcoin that is losing momentum. While classic risk assets benefit in the short term, BTC tends to move sideways and is no longer decoupling from the Nasdaq as it recently did. That's exactly what makes the current situation so exciting. Bitcoin is once again moving more as a classic risk asset and less as an independent macro asset. The Fear and Greed Index is easing noticeably, and many projects in the market are recovering in price. At the same time, institutional capital flows are increasingly shifting towards stablecoins, return products and tokenized assets. 🧠 Topic of the week: Is the worst over? The focus this week is on the question of whether the crypto market and the global economy have already seen the worst of it. For the crypto market, the answer could cautiously be “yes” – but mainly because the bear market is already well advanced. A lot of bad news has been priced in, the mood is very negative and that is exactly what often indicates that a low is approaching. Nevertheless, it still seems too early to give the all-clear. There could still be one final, deeper downward move before the market is truly cleared. For the global economy, however, the situation looks different. There is no sustainable peace in sight and the oil price continues to signal uncertainty. As long as energy remains expensive, inflationary pressure will remain high and interest rate cuts will become more difficult. This is exactly what puts a structural strain on risk assets. The crucial point: The market is currently trading the end of the crisis. But he has not yet fully understood the consequences of the crisis. 🌍 Short news worldwide: • The dispute over stablecoin interest rates is heating up in the US Senate, with Coinbase and Circle in particular under pressure. • Australia passes its first nationwide crypto law, creating a unified regulatory framework for the first time. • Hong Kong surprisingly postpones the issuance of its first stablecoin licenses. • A new project called Ethereum Economic Zone aims to solve the fragmentation between Layer 2 networks. • Stablecoin protocol Resolv collapses after $80 million attack. • The US justice system indicts the suspected uranium finance hacker. • Coinbase speaks of a second wave of institutional crypto demand with a focus on yield products. • Morgan Stanley emphasizes that Wall Street's crypto push is planned for the long term. • Nakamoto sells around $20 million worth of Bitcoin to bolster liquidity reserves. • Charles Hoskinson's $200 million project Midnight officially launches. • Great Britain plans to ban crypto donations to political parties. • KuCoin pays a fine to the CFTC and is no longer allowed to serve US users for the time being. • NFL pressures Polymarket and Kalshi to remove manipulable bets. • CZ gives the all-clear on the topic of quantum computers. • Goldman Sachs sees long-term upside potential for Bitcoin. • A dispute over a Bitcoin strategy escalates at Banque Syz. • Bitpanda announces its own blockchain, the Vision Chain. • Fannie Mae opens the door for Bitcoin in real estate financing. • Franklin Templeton continues to expand its crypto division. • Prediction markets are coming under greater regulatory pressure. • Coinbase and Chainlink bring institutional market data onchain. • Aave launches V4, targeting real-world credit markets. • Mercado Pago is ending its crypto project Mercado Coin. • Eric Trump's American Bitcoin exceeds 7,000 BTC. • CZ gives the all-clear on the topic of quantum computers. 🎲 Bet of the week: Will shipping traffic in the Strait of Hormuz return to normal by the end of May? The chances are about 50-50. 🙀 Weirdness of the week: While the US is discussing a ban on stablecoin interest, China's e-CNY is already paying interest on balances. 💫 Tip of the week: Our extensive new cryptologists website is here! Take a look at www.diekryptologen.com (http://www.diekryptologen.com) and...