Cryptocurrency market news
The global crypto market capitalization rose by another 2% on Tuesday, retaking the $3.5 market cap milestone after a brief dip towards $3.2 trillion on Monday. In terms of key bullish catalysts, vital figures in the US CPI data released have raised expectations of imminent Fed rate cuts https://intececologico.com/casino-review/shazam/.
Bitcoin (BTC), the world’s oldest and most valued crypto, rose above the $106,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 68 (Greed) out of 100, as per CoinMarketCap data. AAVE became the biggest gainer, with a 24-hour jump of nearly 26 percent. FARTCOIN turned out to be the biggest loser today, with a 24-hour dip of nearly 2 percent.
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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.
Cryptocurrency news april 30 2025
There are many differences between that period and today, and it will likely take a few months before we know where tariff rates will stabilize — Treasury Secretary Bessent said that the third quarter was a “reasonable estimate” for when markets will have clarity on tariffs. But regardless of how the negotiations play out, like the Nixon Shock in 1971, we expect that President Trump’s push to reshape global trade will have significant implications for the economy and financial markets over the coming years. Investors will need to consider the implications for their portfolios and may need to seek out alternative sources of return and diversification.
Additionally, Charles Hoskinson critiqued Ethereum’s sustainability and predicted its decline within the next 10-15 years. He highlighted internal inefficiencies and external competition, contrasting these with Bitcoin-based DeFi, which he sees as potentially overtaking Ethereum in value.
At press time, Bitcoin has a market capitalization of $ 1.88T after gaining 0.64% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by April 30, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.
There are many differences between that period and today, and it will likely take a few months before we know where tariff rates will stabilize — Treasury Secretary Bessent said that the third quarter was a “reasonable estimate” for when markets will have clarity on tariffs. But regardless of how the negotiations play out, like the Nixon Shock in 1971, we expect that President Trump’s push to reshape global trade will have significant implications for the economy and financial markets over the coming years. Investors will need to consider the implications for their portfolios and may need to seek out alternative sources of return and diversification.
Additionally, Charles Hoskinson critiqued Ethereum’s sustainability and predicted its decline within the next 10-15 years. He highlighted internal inefficiencies and external competition, contrasting these with Bitcoin-based DeFi, which he sees as potentially overtaking Ethereum in value.
Cryptocurrency news today
“Next week, the Senate will make history when we pass the GENIUS Act that establishes the first-ever pro-growth regulatory framework for payment stablecoins. This bill will cement US dollar dominance, protect customers, increase demand for US treasuries, and ensure that innovation in the digital asset space is in the hands of the United States of America, not our adversaries,” Senator Hagerty wrote.
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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.
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.