Global Crypto News – April 14, 2025
#TrumpCrypto #USNews #USElectronicsTariffs
1. Trump Unveils National Crypto Reserve Initiative
President Donald Trump has revealed plans to create a National Crypto Reserve featuring top digital assets like Bitcoin, Ethereum, Solana, XRP, and Cardano. The announcement triggered a major market rally:
Ethereum (ETH) jumped 9.7% to $2,440
Solana (SOL) climbed 18% to $169
XRP soared 25% to $2.79
Cardano (ADA) skyrocketed over 60%
This development is being hailed as a landmark move toward broader U.S. crypto adoption and clearer regulatory frameworks, greatly boosting market sentiment.
2. Bitcoin Target Raised to $210,000 by Year-End
Presto Research forecasts that Bitcoin could hit $210,000 by the end of 2025. They also highlighted the meteoric rise of meme coins like OM and PEPE in 2024, indicating a shift in investor behavior and interest.
3. Crypto ETF Market Set to Expand
Bloomberg’s Eric Balchunas anticipates a fresh wave of crypto ETFs, starting with products combining Bitcoin and Ethereum. Future ETFs are expected to include assets like Litecoin, Solana, XRP, and HBAR.