On Friday, April 25, 2025, the crypto market displayed robust performance, with major cryptocurrencies showing resilience and investors closely monitoring regulatory shifts and institutional movements.
- Bitcoin (BTC) continued its upward momentum, trading around $94,712, buoyed by substantial ETF inflows and increased institutional interest. Ethereum (ETH) also saw positive movement, reaching approximately $1,806.
- In the altcoin sector, XRP experienced a slight dip to $2.19, while Solana (SOL) and Dogecoin (DOGE) posted gains of 4.89% and 5.56%, respectively. Sui (SUI) stood out with an impressive weekly increase of over 67%, highlighting renewed investor enthusiasm in the altcoin market.
- Regulatory developments were notable, with U.S. banking regulators retracting previous guidance that had urged caution in crypto-related activities. This move aligns with the Trump administration's pro-crypto stance, aiming to foster innovation in the financial sector.
Additionally, ARK Invest revised its Bitcoin price forecast, projecting a potential rise to $2.4 million by 2030, citing increased institutional adoption and Bitcoin's growing role as a digital asset.
