#crypto#FederalReserve 🚨 The crypto market soared today💥, April 22, 2025, driven by a mix of bullish sentiment and key developments. Bitcoin surged 3.59% to $88,241, with the total market cap hitting $2.71 trillion, fueled by positive investor confidence. Federal Reserve Chairman Powell’s comment that “crypto is going mainstream” sparked optimism, while whale accumulation at support levels stabilized prices. Derivatives trading, with heavy long positions, amplified the rally, though spot demand remains low. Recent regulatory clarity and institutional adoption further bolstered the market. However, volatility persists due to speculative trading and external economic risks like tariffs. Always research thoroughly before investing in this unpredictable market.
