Weekly News Pulse: Crypto and Forex Insights – March 30th, 2025

Welcome to Your Pulse Trading Weekly News Pulse! We’ve gathered the latest from trusted sources like Cointelegraph, Reuters, Bloomberg, Forbes, Yahoo Finance, Forex Factory, Investing.com, and CoinMarketCap to give you a clear picture of what’s happening in the crypto and forex markets for the week of March 24 to March 30, 2025. Whether you’re a seasoned trader or just dipping your toes in, we’ve laid out the key updates in a way that’s easy to grasp. (Note: Crypto prices are listed in U.S. dollars [USD] for clarity, pulled from platforms like CoinMarketCap, a trusted name in crypto data, so readers worldwide can follow along.) Let’s break down the market shifts and what they mean for you.

Crypto Market Overview: Bitcoin Slides, Stablecoins Stand Out, and GameStop Stirs the Pot

It’s been a tough week for cryptocurrencies, with prices taking a hit as investors turned cautious. Bitcoin (BTC), the heavyweight in the crypto space, fell to $82,000 USD by March 29, down 3% in a single day, according to Yahoo Finance. Earlier in the week, on March 26, Business Standard reported Bitcoin at $87,622.54 USD, showing a clear downward slide over a few days. CoinMarketCap noted on March 27 that the total crypto market value dropped to $2.79 trillion USD, a 3.6% decline in 24 hours, with trading volume at $75.9 billion USD. Other big names like XRP, BNB, and Solana (SOL) also took a beating, each dropping 4% to 5% by the week’s end, as investors stepped back from riskier assets.

The market felt the sting of liquidations, with Yahoo Finance reporting $300 million USD in long positions—bets on rising prices—wiped out on March 29, alongside $38.8 million USD in shorts. But not everything was gloomy. Gold-backed cryptos like PAXG and XAUT bucked the trend, rising 0.7% to over $3,100 USD, a sign that some investors are seeking safer corners of the crypto world during this uncertainty.

Despite the downturn, there’s optimism for the future. Cointelegraph shared on March 27 that Jamie Coutts from Real Vision believes Bitcoin could climb to $123,000 USD by the end of June 2025, potentially reaching $138,000 USD if conditions align, according to Polymarket bets. He credits a weaker U.S. dollar and more cash flowing in from places like China as potential drivers. However, there’s a caution—analysts see a 40% chance of a U.S. recession, which could throw a wrench in those gains.

Stablecoins, which are pegged to steady assets like the U.S. dollar or peso, offered a ray of hope. Forbes reported on March 28 that stablecoins in emerging markets, like Bitso’s Mexican peso-backed coin, are gaining popularity. CoinFund’s David Pakman told Cointelegraph on March 29 that if stablecoins hit a $1 trillion USD supply, paired with new crypto ETFs that offer interest, it could spark significant growth in 2025. On the regulatory front, Reuters noted on March 28 that the FDIC now allows banks to dive into crypto activities without prior approval—a big move toward merging crypto with traditional finance.

Corporate news grabbed attention too. GameStop announced it’s raising $1.3 billion USD to buy Bitcoin for its treasury, a story Yahoo Finance covered on March 27. Forbes added on March 26 that this has traders buzzing, with analyst Pete Rizzo warning, “Brace for impact.” Meanwhile, BlackRock launched a Bitcoin ETP in Europe, per Coinpedia on March 28, making crypto more accessible to investors there.

Solana (SOL) had a mixed bag. Its price dropped 4% to 5%, but there’s some good news—Crypto.news reported on March 28 that PumpSwap, a Solana-based trading platform, reached $1.52 billion USD in trading volume, capturing 21% of Solana’s decentralized exchange market. Bloomberg also mentioned on March 20 that Solana futures ETFs launched in the U.S., which could attract more investors in the future.

Forex Market Snapshot: U.S. Dollar Weakens, Euro Rises, and Tariffs Add Tension

In the forex market, where currencies go head-to-head, the U.S. dollar (USD) lost some ground this week. Forex Factory reported on March 28 that the dollar’s decline was linked to broader financial changes, like HSBC laying off investment bankers in London and Hong Kong and skipping bonuses to focus on deals in Asia. News like that makes traders second-guess their dollar bets.

Investing.com provided more detail on March 27, noting that the euro hit its highest level of 2025 against the U.S. dollar, driven by expectations of increased defense spending in Europe. The U.S. dollar took another hit as Trump’s new 25% tariffs on Mexico and Canada took effect, pushing the Mexican peso to its lowest level since mid-2022. On the flip side, the Canadian dollar gained strength as traders sold off the USD, spooked by trade tensions. Most Asian currencies saw small gains as the dollar weakened ahead of a March 4 tariff deadline, though the Iranian rial fell below 1,000,000 rial per USD—a key psychological level—due to market jitters.

Tickmill’s Daily Market Outlook on March 24 showed traders leaning bearish on the U.S. dollar, with the euro holding a net long position of 59,425 contracts and the Japanese yen at 122,964 contracts. The Swiss franc, however, had a net short position of -34,375 contracts, indicating mixed feelings about currency directions.

Broader Financial Market View: Tariffs Create Waves, Gold Shines, and Tech Struggles

Zooming out to the wider financial landscape, markets were rattled by trade tensions and mixed economic signals. Yahoo Finance reported on March 27 that Trump’s auto tariffs shook up the U.S. markets, dragging down the S&P 500, Dow, and Nasdaq. Companies like General Motors and Ford felt the heat as investors braced for a possible trade war. Investrade’s market recap on March 25 showed a late rebound, with the S&P 500 up 0.16% to 5,776 and the Nasdaq up 0.46% to 18,271, but smaller stocks in the Russell 2000 slipped 0.66% to 2,095. The Dollar Index (DXY) eased after a four-day rally, as Trump suggested not all tariffs would hit on April 2, calming some nerves.

Gold remained a safe haven amid the uncertainty. Investrade reported on March 25 that April gold was at $3,025.90 USD per ounce, up 0.34%, while Livemint noted on March 24 that 10 grams of 24-carat gold in Delhi was at Rs.89,993.0 (about $1,070 USD). Copper prices hit all-time highs due to tariffs, lifting companies like Freeport-McMoRan, and gold miners like Newmont held steady above $3,000 USD per ounce, per Investrade.

Tech stocks didn’t fare as well. Yahoo Finance highlighted that AI chip stocks have been underperforming all year, weighing on the broader market. Forex Factory mentioned on March 28 that Elon Musk merged his AI company xAI with social media platform X, valued at $80 billion USD and $33 billion USD respectively, but its market impact is still unclear. In India, Livemint reported on March 24 that Reliance Industries earned a “Buy” rating from Kotak Securities, with a 10% upside expected, thanks to its retail and telecom growth.

Looking Ahead

Crypto’s going through a rough patch, with Bitcoin at $82,000 USD and other coins down, but there’s reason to stay hopeful. Analysts see Bitcoin potentially reaching $123,000 or even $138,000 USD by mid-2025 if financial conditions improve, though a 40% chance of a U.S. recession could slow things down. Stablecoins, regulatory changes, and moves like GameStop’s Bitcoin purchase are laying the groundwork for future growth.

In forex, the U.S. dollar’s taking a breather, giving currencies like the euro a chance to rise, but tariffs on Mexico and Canada are keeping traders on their toes. The Fed’s next steps on interest rates will be crucial to watch.

Across the financial world, tariffs, a struggling tech sector, and economic uncertainty are creating hurdles, but gold’s staying strong, and crypto’s gradually blending into traditional finance. Whether you’re trading or just keeping tabs, staying informed is your best asset. Check back next week for more from Your Pulse Trading Weekly News Pulse as we track 2025’s financial journey.