Crypto Market Update – April 16, 2025
The crypto market is showing mixed signals today as Bitcoin (BTC) hovers around the $64,200 mark, slightly up by 1.2% in the last 24 hours. Ethereum (ETH) follows suit, trading at $3,180, reflecting a modest 0.8% gain.
Top Gainers:
Render (RNDR): +14.5%
Arbitrum (ARB): +9.3%
Injective (INJ): +7.8%
Top Losers:
Wormhole ($W ): -4.1%
Market Sentiment:
Investors remain cautious as the U.S. Fed prepares to release new inflation data later this week. Meanwhile, Bitcoin ETF inflows have picked up again, suggesting institutional interest remains strong despite recent volatility.
News to Watch:
BlackRock's Bitcoin ETF sees $150M inflow in 24 hours.
Ethereum developers confirm the next major upgrade "Pectra" for Q3 2025.
Ripple hints at new banking partnerships in Asia.
Stay informed. Stay sharp.
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