How Bitcoin and Other Coins Are Performing
Recent crypto update: Bitcoin (BTC), the largest cryptocurrency, is priced at $94,724 today with a slight 0.26% rise over the past day, according to CoinMarketCap. Trading activity has slowed, with volume down 23.8% to $25.04 billion, but miners are still active, increasing the network’s computing power by 10%. If BTC crosses the $95,000 level, it could move toward $100,000, otherwise it might slip to $90,000.
The second largest coin, Ethereum (ETH), is at $2,316. It fell to $1,600 last month because few users are accessing DeFi apps, but it’s on the upswing now. XRP is at $2.63 and holding steady, up 5.12% in March. If it is added to a U.S. crypto reserve, it could hit $3.50, but regulations are keeping it at bay. These coins illustrate how crypto is on and off currently.
SEC Delays XRP and DOGE ETFs
The United States government’s Securities and Exchange Commission (SEC) has delayed making a decision on two crypto funds, and this is a major thing in recent crypto news. They postponed Franklin Templeton’s XRP ETF and Bitwise’s DOGE ETF until June 17, 2025.
This has annoyed supporters of XRP and DOGE who desire these funds to popularize the coins. But the SEC did approve ProShares’ XRP futures ETFs, a small step in the right direction. These postponements indicate the U.S. is taking caution with recent crypto regulations, keeping investors waiting.
UK’s New Crypto Rules
In the UK, recent crypto regulations are becoming tougher to keep it safe but not stop new developments. The Financial Conduct Authority (FCA) is requiring crypto businesses to register and comply with anti money laundering rules. They proposed new stablecoin rules in April 2025 to get them into the money system securely.
The UK would like to be a large crypto hub, but other firms are concerned about the expense of complying with these regulations. This is not the case in the U.S., where regulations are slower, impacting recent crypto news globally.
Bitcoin as a Reserve
Arizona approved two bills allowing the state to invest up to 10% of its funds in Bitcoin or other cryptocurrencies, an important move in recent crypto news. State leader Jeff Weninger declared 15 other U.S. states could follow suit.
The U.S. government also indicated its Strategic Bitcoin Reserve will hold only Bitcoin and not coins such as Ethereum, XRP, or Solana. The U.S. has around 200,000 BTC seized, which is worth billions, indicating Bitcoin is the best option for official reserves.
Fear and Greed in the Market
The Crypto Fear & Greed Index indicates that individuals are fearful, at 30 (Fear) today. In February, it fell to 10, the lowest in more than two years, when Bitcoin dipped below $85,000 due to tariff concerns.
This “Fear” indicates investors are apprehensive about price fluctuations, particularly with events such as the White House Crypto Summit on the horizon. Despite that, Bitcoin remaining above $90,000 and March some coin gains provided some hope, but everyone remains cautious.
What Happened in Crypto in April
April 2025 was active for crypto. Bitcoin fluctuated between $79,000 and $95,000, assisted by ETF money and large buyers. Ethereum dropped to $1,600 mid month but returned to $2,316 by March. XRP crossed $3.00 due to Ripple’s SEC agreement and ETF speculation, then dropped to $2.63. Canada launched Solana ETFs with staking, the first of its kind in North America.
The SEC softened on some crypto lawsuits. Trump’s tariffs beginning April 2, however, made people concerned about trade wars, which battered recent crypto prices. The March White House Crypto Summit also arranged meetings for more transparent regulations, sustaining the crypto market cap to over $3 trillion briefly.
Institutional Moves
Large players are entering crypto. MicroStrategy, rebranded as Strategy, holds 531,644 BTC worth $35.9 billion after purchasing 6,556 BTC for $555 million in April. Metaplanet, “Asia’s MicroStrategy,” possesses 5,000 BTC, valued at $460 million, after increasing its holdings of 145 BTC on April 24. Their advisory board included Eric Trump who was to assist them with plans on Bitcoin.
BlackRock retains more than 567,000 BTC, valuing $47 billion, although lost $193 million from their Bitcoin ETF due to fears surrounding trade wars during March. All these purchases depict crypto as being a popular choice for firms.
Crypto ETFs: Winners and Losers
Bitcoin ETFs are performing well, with BlackRock’s IBIT raking in a lot of money. But recent crypto ETFs lost $756 million in February and March due to economic concerns. XRP futures ETFs were approved, but spot XRP and DOGE ETFs are pending.
Canada’s Solana ETF indicates other nations are progressing faster. ETFs are a significant aspect of recent crypto news, reflecting both enthusiasm and difficulties.
Rules and Tariffs
Rules are transforming crypto. The SEC’s new chief, Paul Atkins, apparently enjoys crypto and addressed an April 25 session, providing hope of improved regulations. Trump tariffs, beginning April 2, imposed 10% levies on Gulf nations but more on others, causing concern regarding trade wars impacting recent crypto prices.
The U.S.’s Bitcoin only reserve dismayed those hoping to include other coins. The UK’s FCA and Indian court decisions on internet gaming, which could impact recent crypto games, reflect varying regulations across the globe.
Trump’s Crypto Moves
President Trump’s recent crypto actions are a combination. His pro crypto directives and Bitcoin reserve proposal in March did not support prices importantly, as tariffs frightened investors. Bitcoin, XRP, and Ethereum declined due to fears of a trade war. But his team’s more benign tariff posture and the SEC dismissing the case against MetaMask provided some optimism.
Eric Trump’s efforts with Metaplanet and the Trump family’s World Liberty Financial, which raised $550 million, indicate they’re crypto large. people believe Trump’s actions will continue to rattle the market, but prices are high and low.
Bitcoin and Ethereum’s Big Moves
Bitcoin peaked at $92,000 early in March before settling at $94,000. A $512 million mid March ETF increase sent it to $85,900, a 10 day high. Ethereum fell to $1,600 mid month but rose to $2,316 by March.
If ETF staking is allowed by the U.S., ETH may move higher, though DeFi slowdowns are an issue. The White House Crypto Summit assisted the two coins, but tariffs ensured gains were minor.
Other Crypto News
Other cryptocurrency news is that DOGE fell 3% mid-March before a large U.S. conference. Flare and MANA surged 16% previously. Gold backed cryptocurrencies such as PAXG surged 23% this year, after gold did. Japan’s Metaplanet issued $10 million worth of bonds to purchase additional Bitcoin, and Tether topped up its BTC holding.
The Toronto Consensus Summit, where Pi Network’s Dr. Nicolas Kokkalis presents in May, could influence upcoming trends. These are indicative of how much stuff is moving cryptocurrency.
Crypto now is full of opportunities and anxiety. Bitcoin is stable, altcoins such as XRP and Ethereum are discovering their niche, and giants like BlackRock and MicroStrategy are all in on it. Regulations, tariffs, and events such as the Consensus Summit will determine what’s to come for crypto in May.
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