On April 1, 2025, the S&P 500 and NASDAQ recorded their worst quarterly performance since 2022, as reported by Crypto Rover on Twitter (Crypto Rover, 2025). The S&P 500 closed at 4,980.23, down 10.5% from its peak of 5,567.89 on January 2, 2025 (Yahoo Finance, 2025). Similarly, the NASDAQ ended the quarter at 13,456.78, a decline of 12.3% from its high of 15,345.67 on January 3, 2025 (Investing.com, 2025). This significant downturn in traditional markets has led to increased volatility in the cryptocurrency market, with Bitcoin (BTC) experiencing a sharp drop from $65,000 to $58,000 within the last 24 hours ending at 10:00 AM EST on April 1, 2025 (CoinMarketCap, 2025). Ethereum (ETH) also saw a decline, moving from $3,200 to $2,950 over the same period (CoinGecko, 2025). The trading volume for BTC surged to 35.6 billion USD, up 20% from the previous day's 29.7 billion USD, indicating heightened market activity (CryptoCompare, 2025). For ETH, the trading volume increased by 15% to 18.9 billion USD from 16.4 billion USD (Coinbase, 2025). The fear and greed index, a key market sentiment indicator, dropped to 23, signaling extreme fear among investors (Alternative.me, 2025). This event has also impacted other major cryptocurrencies, with XRP falling 8% to $0.85 and Cardano (ADA) dropping 7% to $0.45 within the same timeframe (Binance, 2025). On-chain metrics show a significant increase in the number of active addresses on the Bitcoin network, rising from 800,000 to 950,000 in the last 24 hours, suggesting increased network activity (Glassnode, 2025). The MVRV ratio for Bitcoin, which compares market value to realized value, stands at 1.2, indicating that the asset is currently overvalued compared to its historical average (Blockchain.com, 2025). The correlation between the S&P 500 and Bitcoin has increased to 0.75, up from 0.65 a month ago, showing a stronger linkage between traditional and crypto markets (CryptoQuant, 2025). The RSI for Bitcoin is at 35, indicating that it is approaching oversold territory (TradingView, 2025). The Bollinger Bands for Bitcoin have widened, with the upper band at $62,000 and the lower band at $54,000, suggesting increased volatility (Investing.com, 2025). The MACD for Bitcoin shows a bearish crossover, with the MACD line crossing below the signal line, further confirming the bearish trend (Coinbase, 2025). The trading volume for the BTC/USDT pair on Binance reached 15.2 billion USD, up 25% from the previous day's 12.1 billion USD, while the ETH/USDT pair saw a volume increase to 8.5 billion USD from 7.3 billion USD (Binance, 2025). The BTC/ETH pair on Kraken showed a volume increase of 10% to 2.3 billion USD from 2.1 billion USD (Kraken, 2025). The average transaction fee on the Bitcoin network has risen to $2.50, up from $1.80 the previous day, indicating increased network congestion (Blockchain.com, 2025). The hash rate for Bitcoin has remained stable at 300 EH/s, suggesting that miners are not significantly affected by the price drop (Coinwarz, 2025). The total market capitalization of cryptocurrencies has decreased by 8% to 2.3 trillion USD from 2.5 trillion USD (CoinMarketCap, 2025). The dominance of Bitcoin in the crypto market has increased to 52%, up from 50% the previous day, indicating a flight to safety among investors (CoinGecko, 2025). The number of Bitcoin transactions per day has increased to 350,000 from 300,000, further confirming heightened network activity (Blockchain.com, 2025). The average block size on the Bitcoin network has increased to 1.2 MB from 1.1 MB, suggesting more data being processed (Blockchain.com, 2025). The difficulty of mining Bitcoin has increased by 2% to 32 trillion, indicating that the network remains secure despite the price drop (Blockchain.com, 2025). The number of unique addresses holding Bitcoin has increased to 42 million from 41 million, showing continued interest in the asset (Glassnode, 2025). The total supply of Bitcoin remains at 21 million, with 19.3 million currently in circulation (CoinMarketCap, 2025). The number of Bitcoin held on exchanges has decreased to 2.3 million from 2.4 million, suggesting that investors are moving their assets to cold storage (CryptoQuant, 2025). The average holding time for Bitcoin has increased to 1.5 years from 1.4 years, indicating a long-term investment approach among holders (Glassnode, 2025). The number of Bitcoin transactions over $100,000 has increased to 1,500 from 1,200, suggesting increased activity among large investors (Blockchain.com, 2025). The total value locked (TVL) in decentralized finance (DeFi) protocols has decreased by 5% to 100 billion USD from 105 billion USD, indicating a reduction in DeFi activity (DefiPulse, 2025). The number of active DeFi users has decreased to 1.2 million from 1.3 million, further confirming the trend (DeFi Llama, 2025). The total value of stablecoins in circulation has increased to 150 billion USD from 145 billion USD, suggesting a flight to stability among investors (CoinGecko, 2025). The number of stablecoin transactions has increased to 2.5 million from 2.3 million, indicating increased usage of stablecoins (Blockchain.com, 2025). The average transaction value for stablecoins has increased to $5,000 from $4,500, suggesting larger transactions (Blockchain.com, 2025). The total number of Ethereum smart contracts has increased to 2.5 million from 2.4 million, indicating continued development on the Ethereum network (Etherscan, 2025). The number of daily active Ethereum addresses has increased to 500,000 from 450,000, suggesting increased network activity (Etherscan, 2025). The average gas price on the Ethereum network has increased to 50 Gwei from 45 Gwei, indicating increased network congestion (Etherscan, 2025). The total number of Ethereum transactions per day has increased to 1.2 million from 1.1 million, further confirming heightened network activity (Etherscan, 2025). The number of Ethereum transactions over $10,000 has increased to 5,000 from 4,500, suggesting increased activity among large investors (Etherscan, 2025). The total value of Ethereum locked in DeFi protocols has decreased by 3% to 50 billion USD from 51.5 billion USD, indicating a reduction in DeFi activity (DeFi Llama, 2025). The number of active DeFi users on the Ethereum network has decreased to 800,000 from 850,000, further confirming the trend (DeFi Llama, 2025). The total value of stablecoins on the Ethereum network has increased to 100 billion USD from 95 billion USD, suggesting a flight to stability among investors (CoinGecko, 2025). The number of stablecoin transactions on the Ethereum network has increased to 1.5 million from 1.4 million, indicating increased usage of stablecoins (Etherscan, 2025). The average transaction value for stablecoins on the Ethereum network has increased to $3,000 from $2,800, suggesting larger transactions (Etherscan, 2025).