cryptocurrency market news april 2025
Cryptocurrency market news april 2025
In summary, if the Fed maintains a hawkish stance, US Treasury yields may continue to rise, and the crypto world may face sustained selling pressure; conversely, if economic data weakens or geopolitical risks ease, funds may flow back to risk assets like cryptocurrencies https://cryptoharry.net/.
Ethereum (ETH): $1,821 Ethereum is holding steady above $1,800 and could benefit from renewed interest in Layer 2 scaling solutions. While ETH is likely to follow Bitcoin’s overall momentum, developments around DeFi and network upgrades could give it a boost.
The past 24 hours underscore accelerating momentum in both institutional crypto adoption and global regulatory clarity. With key players strengthening reserves, launching yield products, and developing infrastructure for everyday use, the crypto market appears poised for a transformative Q2.
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Historically, the second quarter, especially April, has traditionally been one of the best periods for risk assets like Bitcoin. April is considered a traditionally strong month for Bitcoin. According to market data, since 2023 in the current halving cycle, Bitcoin has experienced five corrections exceeding 20%, but each correction has been followed by stronger upward movements.
Ada cryptocurrency news
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano produces its own wallet software that is available for download on its website, which allows you to store Cardano on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
One Cardano (ADA) is currently worth $0.74 on major cryptocurrency exchanges. You can also exchange one Cardano for 0.00000644 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Cardano in U.S. dollars is $28.08 billion. This market cap is self-reported and is based on a circulating supply of 37,997,904,336 ADA, which has not been verified.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano produces its own wallet software that is available for download on its website, which allows you to store Cardano on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
Cryptocurrency news today
Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention.
The cryptocurrency market saw a sharp dip in the last 24 hours, with the global crypto market cap falling by over 2.4% to $3.78 trillion. Top cryptocurrencies like Bitcoin and Ethereum were not spared from the downturn. Bitcoin dropped by more than 2% and is currently trading around $115,957, while Ethereum slipped over 3.6% to $3,717.
As of August 1st, President Donald Trump’s aggressive tariff strategy is beginning to take effect. While tariffs are traditionally a concern for traditional markets and international trade, their ripple effect is now increasingly being felt in crypto markets. Tariffs often trigger inflationary pressures and destabilize fiat currencies, conditions that sometimes push investors toward Bitcoin and other digital assets as a hedge. However, in the short term, these sudden shocks often lead to liquidity crunches and panic selling, especially in risk-on assets like altcoins.
Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention.
The cryptocurrency market saw a sharp dip in the last 24 hours, with the global crypto market cap falling by over 2.4% to $3.78 trillion. Top cryptocurrencies like Bitcoin and Ethereum were not spared from the downturn. Bitcoin dropped by more than 2% and is currently trading around $115,957, while Ethereum slipped over 3.6% to $3,717.
As of August 1st, President Donald Trump’s aggressive tariff strategy is beginning to take effect. While tariffs are traditionally a concern for traditional markets and international trade, their ripple effect is now increasingly being felt in crypto markets. Tariffs often trigger inflationary pressures and destabilize fiat currencies, conditions that sometimes push investors toward Bitcoin and other digital assets as a hedge. However, in the short term, these sudden shocks often lead to liquidity crunches and panic selling, especially in risk-on assets like altcoins.
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