Crypto gains buoyed by consumer sentiment
The cryptocurrency market experienced mild gains on Friday, April 25, 2025, buoyed by stronger-than-expected results from the University of Michigan’s Consumer Sentiment Index, which reflected modest improvements in U.S. economic confidence.
Bitcoin (BTC) rose 2% over the past 24 hours, trading around $95,400, while Ethereum (ETH) followed closely, also up 2% to approximately $1,800. XRP remained flat at $2.20, and Solana (SOL) gained 2.6%, hovering near $155. Among the top-ten cryptocurrencies, Dogecoin (DOGE) posted the strongest performance, rallying by 4%, according to CoinGecko.
The total cryptocurrency market capitalization increased by 1.3%, holding around $3.08 trillion.
Leveraged liquidations totaled $341.32 million in the past 24 hours, with Bitcoin accounting for $99 million and Ethereum for $46 million, according to CoinGlass.
Spot Bitcoin ETFs continued to attract capital, posting $442 million in inflows on Thursday, following two consecutive days exceeding $900 million. Spot Ethereum ETFs also saw their strongest inflows since February, with $64 million, according to SoSoValue.
Macro Sentiment
The University of Michigan’s Consumer Sentiment Index posted a reading of 52.2 for April—lower than March’s 57.0 but higher than expectations of 50.8. While optimism improved slightly, concerns over inflation and trade policy risks lingered.
In the broader markets, the U.S. stock market navigated a turbulent week. As George Pavel, General Manager of financial platform NAGA, noted, equities faced a steep initial decline followed by a multi-day recovery, leaving major indices like the S&P 500 and Nasdaq Composite mostly flat for the week.
Market Comparison
By contrast, the crypto market demonstrated stronger resilience, showing consistent positive momentum and outperforming traditional equities in short-term performance. Bitcoin and Ethereum, in particular, maintained upward trends, fueled by ETF inflows and robust investor demand—positioning crypto as a relatively more attractive asset class during a week of macro uncertainty.
Meanwhile, in commodities, gold experienced a notable sell-off, dropping more than 2% to $3,293, and the U.S. Dollar Index hovered around 99.53.
