Crypto Market Summary – April 23, 2025:

The crypto market is surging, with total market capitalization rising to $2.92 trillion (+6%).

Bitcoin (BTC) jumped over $93,500, gaining 6% amid easing U.S.–China trade tensions and ETF inflows.

Ethereum (ETH) rose 13.8%, trading near $1,800, supported by strong institutional interest.

Altcoins like Solana (+8.8%) and XRP (+7.8%) also posted solid gains.

Over $600 million in short positions were liquidated in 24 hours.

Market indicators like RSI and MACD show strong bullish momentum.

Positive sentiment and technical strength suggest continued upside, though caution remains key.