Crypto Market Update: April 12, 2025
The global crypto market cap is valued at $2.65 trillion, marking a 2.07% increase over the last day. Bitcoin (BTC) has been trading between $81,341 and $84,300 over the past 24 hours, with a current price of $83,458, representing a 1.70% increase.
Market Overview
Most major cryptocurrencies are trading higher, with notable outperformers including:
BABY : up by 86%
GUN : up by 37%
VIRTUAL : up by 33%
Top Stories
1. Bitcoin Whale Addresses Surge: Following Trump's tariff pause, there's been a significant surge in Bitcoin whale addresses, marking the largest daily spike since February.
2. U.S. Recession Odds: Polymarket predicts a 60% chance of a U.S. recession in 2025, amid mounting economic fears.
3. *Grayscale Bitcoin ETFs*: Grayscale Bitcoin Covered Call and Yield ETFs have surpassed $4.5 million in assets under management (AUM), setting a new record.
4. U.S. Inflation Expectations: The U.S. April inflation rate expectations have risen to 6.7%.
Market Movers
ETH : $1593.63 (+2.15%)
XRP : $2.0653 (+2.51%)
BNB : $590.41 (+1.52%)
SOL : $124.48 (+5.77%)
DOGE : $0.16262 (+3.00%)
ADA : $0.6316 (+0.21%)
TRX : $0.2494 (+5.01%)
WBTC : $83444.55 (+1.64%)
TRUMP : $8.19 (+1.74%)
