Crypto Market Update – April 2025

Binance & Other Exchanges Hit by AWS Outage

On April 15, 2025, major crypto exchanges like Binance, KuCoin, and MEXC faced temporary service disruptions due to an AWS data center issue in Tokyo. Binance paused withdrawals for around 23 minutes as a security measure. Services have now resumed.

U.S. Creates Strategic Bitcoin Reserve

President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve. The U.S. government will now hold seized crypto assets and invest in Bitcoin without spending taxpayer money. This move supports U.S. dominance in digital assets.

Binance CEO Predicts Bull Run in 2025

Binance CEO Richard Teng believes 2025 will be a record-breaking year for crypto, citing increased institutional adoption and Bitcoin ETF approvals. He expects Bitcoin and the overall market to reach new all-time highs.

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