Cryptocurrency market news april 2025
CoinSwitch Markets Desk noted, “BTC continues to consolidate within the $93,000–$95,500 range, signaling a period of market indecision as traders await key macroeconomic data releases this week, including inflation, manufacturing, and employment figures https://shazam-codes.com/. The $95,500 level remains a strong resistance point. Over the past 24 hours, liquidations totaled $185.57 million across 104,379 traders, with BTC and ETH accounting for $35.96 million and $31.50 million, respectively. Meanwhile, in a notable move toward crypto adoption, the Trump Organization has announced it will accept cryptocurrency payments for luxury condos in its upcoming $1 billion Trump Tower Dubai project.”
Bitcoin (BTC) has been on a slow recovery since mid-March. Moves to the upside are limited, and at present, involve multiple unsuccessful attempts to breach local resistance levels before a decisive break ultimately occurs.
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Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
Crypto intelligence tracker DefiLlama data shows that Cardano’s chain DEX trading volume has constantly fallen since early December and currently reads $3.06 million on Tuesday. This fall in volume signaled decreased user activity and liquidity in the ADA blockchain, indicating a bearish outlook.
The Relative Strength Index (RSI) on the daily chart reads 49, slipping below the neutral level of 50, indicating increasing bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also supports the bearish thesis as it showed a bearish crossover on Sunday, giving a selling signal and indicating a downward trend.
Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.
One Cardano (ADA) is currently worth $0.74 on major cryptocurrency exchanges. You can also exchange one Cardano for 0.00000699 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Cardano in U.S. dollars is $26.26 billion.
Cryptocurrency news april 30 2025
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Ripple Labs announces reduced SEC penalty and agreement to drop cross-appeals. On March 25, Ripple Labs’ Chief Legal Officer Stuart Alderoty announced on X (formerly Twitter) that the SEC had agreed to drop its appeal of a federal district court’s determination that retail sales of Ripple’s XRP token were not investment contracts subject to registration requirements under federal securities law. Alderoty further announced that the SEC would keep $50 million of the $125 million civil penalty the district court imposed on Ripple – but refund the remaining $75 million – while Ripple would agree to dismiss its own appeal of the district court’s order. The SEC has not yet confirmed these details, but on April 10 filed a motion with the court of appeals to stay proceedings.
Hoskinson’s comments about Ethereum reflect a broader skepticism about its ability to adapt and stay relevant amidst rising competition. His support for a technical proposal by Buterin, however, suggests there are still opportunities for evolution within Ethereum’s ecosystem.
Digital Digest | DLA Piper – addresses the growing challenges faced by the UK commercial and financial sector due to the increasing number of laws, regulations, and market practices affecting the digital and crypto industry.
Latest cryptocurrency news
Trump vs Powell: Stagflation Warnings and Crypto ImpactJerome Powell’s warning about stagflation, tied to Trump tariffs, rattled markets. Trump criticized Powell for delaying rate cuts, adding political drama to financial uncertainty.
🔴 @Valeurs | Ce mardi matin, deux personnes proches de l’univers de la cryptomonnaie ont fait l’objet d’une tentative d’enlèvement en plein Paris. Trois hommes cagoulés ont tenté de les faire monter de force à bord d’une fourgonnette, en vain. Les enlèvements de ce type, visant… pic.twitter.com/kgXrhIYORZ
The crypto market held steady this week with a total market cap of $2.7 trillion, while daily trading volume dropped 21.43% to $43.09 billion. Bitcoin price today is $85,300, Ethereum trades at $1,604, and XRP sits at $2.08.
Ethereum surged 9.0% to $2,687.03, riding high on optimism surrounding its ecosystem growth and staking momentum. Solana followed with a 5.9% gain to $182.26, supported by renewed bullish momentum after the Pump.fun revenue-sharing update sparked a surge in creator activity. Dogecoin also impressed, rising 5.7% to $0.239 as retail flows returned to top-ranked meme tokens.
Also, this week’s top crypto news story is the Avalanche Summit in London, expected to start on Tuesday, May 20. The sentiment is that the Avalanche network might make major announcements during the summit.