📰 Weekly Crypto Recap: What Moved the Markets — April 2025
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Hey Binance Square community!
I’m Miniman28 and here’s your crypto recap of the week — key trends, market movers, and headline news as of April 16, 2025:
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Market Overview:
Trading around $84,000, rebounding from sub-$77K last week. Analysts point to this as a resilient bounce, reflecting maturing investor sentiment and long-term bullish structure.
(Source: Investopedia)
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Top News Highlights:
• Kraken expands to stocks:
Launched commission-free trading for 11,000+ U.S. stocks and ETFs — a bold move into TradFi territory.
(Source: Reuters)
• Circle files for IPO:
Issuer of $USDC aims to list on NYSE under the ticker “CRCL”, highlighting the growing link between crypto and traditional finance.
(Source: AlphaNode)
• X2Y2 exits NFTs:
Popular NFT marketplace X2Y2 will shut down by April 30, pivoting to an AI crypto project.
(Source: AlphaNode)
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Altcoin Spotlight (Updated):
• Current Price: $1,609.95
• Status: Showing signs of short-term volatility. Dropped ~5% from April 14’s high of $1,682, but holding a key support near $1,600.
• Outlook: A bullish reversal is possible if ETH maintains its current range.
(Source: Invezz)
Chainlink ($LINK)
• Current Price: $12.82
• Status: Formed a bullish engulfing pattern on the weekly chart, with increasing volume — a technical indicator for upside continuation.
(Source: CoinGape)
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Final Thoughts:
From institutional moves like Circle’s IPO to promising altcoin setups on Ethereum and Chainlink, this week offered a mix of opportunity and caution.
What stood out to you most? Let’s talk in the comments!
#CryptoNews #WeeklyRecap #Altcoins #Miniman28 #BinanceSquare
This post is based on market research and adapted for educational purposes.
