Crypto Briefing on April 23, 2025
• Bitcoin surpasses $93K: BTC surges, trading around $88,500-$93,000, supported by positive market sentiment and a return of institutional money.
• Ethereum rises 12%: ETH records strong growth in 24 hours, benefiting from capital flowing into DeFi.
• $3 billion BTC fund: Cantor, SoftBank, and Tether establish a $3 billion Bitcoin fund, reinforcing confidence in the market.
• SEC appoints crypto-friendly chair: The new SEC leader is expected to promote regulations favorable to cryptocurrency.
• Trump Media launches Crypto ETF: Trump Media partners with Davis Polk to prepare for the launch of a cryptocurrency ETF, attracting attention.
• Market warning: Despite growth, some analysts believe BTC may experience high volatility due to macroeconomic pressures and tariff policies.
Conclusion: The crypto market today is lively with the rise of BTC and altcoins, but investors need to be cautious of potential fluctuations.