As of April 27, 2025, the cryptocurrency market is experiencing significant developments:
Bitcoin (BTC) has surged to $94,227, driven by nearly $1 billion in spot ETF inflows. Options markets indicate bullish sentiment, with traders targeting the $100,000 mark .  
Ethereum (ETH) is trading at $1,805, showing modest gains amid renewed institutional interest following its recent upgrade . 
XRP stands at $2.20, buoyed by optimism over a potential SEC settlement and the upcoming launch of XRP futures by CME Group on May 19 . 
In regulatory news, the U.S. SEC, under new Chair Paul Atkins, is advocating for clearer crypto regulations, marking a shift from previous enforcement-heavy approaches . Concurrently, the Federal Reserve has withdrawn its guidance on bank crypto activities, aligning with broader deregulatory moves .  
Meanwhile, Nike faces a class-action lawsuit over the abrupt shutdown of its NFT venture, RTFKT, highlighting ongoing legal uncertainties in the digital asset space .