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Crypto Market Update – 24 April 2025
Market Overview:
Bitcoin (BTC): $92,880 (-0.92%)
Ethereum (ETH): $1,753 (-2.24%)
BNB: $596.84 (-1.54%)
XRP: $2.19 (-1.79%)
Cardano (ADA): $0.721 (+2.6%)
Global Market Cap: $2.89 trillion (-1.34%)
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Top Highlights:
$TRUMP Meme Coin Soars: Gained over 33% after Donald Trump announced a gala dinner invite for the top 220 holders.
XRP Futures Launch: CME Group to launch cash-settled XRP futures on May 19, 2025 (pending regulatory approval).
$246M Liquidated: Major liquidations in the last 24 hours; BTC and ETH lead with $43M+ and $46M+ respectively.
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Investor Sentiment:
Long-term bullish signs with increasing stablecoin-backed put selling.
Volatility and liquidations suggest short-term caution.
Watch macroeconomic indicators and regulations closely.
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