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The crypto market on April 24, 2025, shows resilience amid global economic turbulence. Bitcoin has surged past $92,000, gaining over 20% this month, driven by its appeal as a hedge against a weakening dollar and volatile stocks. This rally, fueled by $936.43 million in Bitcoin ETF inflows on April 22, suggests growing institutional trust, especially with BlackRock’s entry via a "Swiss" Bitcoin ETP. However, resistance looms at $95,000, and on-chain data hints at potential fragility, with a possible pullback if sentiment shifts.

Altcoins like Ethereum (above $1,700), Dogecoin, and Sui have followed Bitcoin’s lead, with gains of 8-11% recently, though memecoins like PEPE ($3 billion market cap) remain speculative, driven by community hype rather than utility. Market sentiment is mixed: Trump’s softened stance on tariffs and Fed independence has boosted risk appetite, but his policies continue to rattle traditional markets, indirectly supporting crypto’s “digital gold” narrative.

Exchange deposits are dropping, reminiscent of the 2017 bull run, sparking speculation of a supply-driven surge. Yet, volatility persists—Bitcoin’s high of $109,000 in January contrasts with its early April low of $75,000. Analysts predict a 2025 range of $71,827 to $167,598, with $119,713 as a median forecast. Regulatory clarity, like SEC approvals for ETFs, and institutional adoption are key tailwinds, but trade wars and macroeconomic uncertainty pose risks. The market’s decoupling from tech stocks signals a maturing asset class, yet caution is warranted given crypto’s historical unpredictability.