Crypto Market Summary – April 23, 2025:
The crypto market rallied sharply today, pushing total market capitalization to $2.95 trillion, a seven-week high.
Bitcoin (BTC) surged past $94,000, gaining 6.35%, driven by easing U.S.–China trade tensions and strong institutional buying, including $4 billion in BTC accumulation by BlackRock.
Ethereum (ETH) rose significantly to around $1,800.
Altcoins like Solana, XRP, and memecoins also posted strong gains.
Positive sentiment and bullish technical indicators suggest further upside potential, with analysts forecasting possible new all-time highs in the near term.
