$ETH
The following is a summary of the latest developments in the cryptocurrency space as of April 25, 2025 (Friday) afternoon:
⸻
📉 Market Overview
• Bitcoin (BTC): The price stabilizes around $93,000, unable to break through the key resistance level of $95,000.
• Total cryptocurrency market capitalization: Dropped below $3 trillion on Thursday, down about 3.5% from the $3.2 trillion high earlier this week.
⸻
🔥 Popular Coins and Themes
• SUI: Strong performance, becoming one of the market focal points.
• TRUMP Coin: Price surged over 50%, with market sentiment high.
⸻
🏦 Policy and Regulatory Dynamics
• Federal Reserve withdraws guidelines related to banks and cryptocurrency assets: The U.S. Federal Reserve announced the withdrawal of banking regulations related to cryptocurrency activities, a move seen as positive news for the crypto market.
⸻
📈 Technical and Market Observations
• Bitcoin Technicals: If it can break through $95,000, it may further test $100,000; if it falls below $88,750, it could drop to the range of $84,000 to $86,300.
⸻