Bitcoin$BTC has surged past the $99,000 mark, trading at $99,453, with intraday highs reaching $100,131. This rally is fueled by increasing institutional adoption and a growing perception of Bitcoin as a hedge against economic uncertainty. Notably, $5.5 billion has flowed into digital asset funds over the past three weeks, including $1.8 billion into Bitcoin products.
🧠 Ethereum's Pectra Upgrade: A Step Forward
Ethereum $ETH recently implemented the Pectra upgrade, its most significant overhaul since the 2022 Merge. The upgrade aims to enhance transaction speed and cost efficiency, introducing 11 Ethereum Improvement Proposals. Despite these advancements, ETH's price has seen a modest increase of 2.7%, currently trading at $1,978.47, still below its 2021 peak.
📊 Market Overview
Total Market Cap: Increased by 10.8% in April 2025, signaling a strong market rebound.
Top Performers: Bitcoin, Solana$SOL and Sui (SUI) led the gains.
DeFi: Total Value Locked (TVL) rose, indicating growing interest in decentralized finance platforms.
NFTs: Trading volumes have dropped to multi-year lows, suggesting a shift in investor focus.
🏛️ Regulatory Landscape
In the U.S., lawmakers have unveiled a new crypto market structure bill aimed at providing regulatory clarity. The proposed legislation seeks to establish a comprehensive framework for digital assets, addressing issues related to market integrity and consumer protection.
