Today's Crypto Market Summary – April 23, 2025:
The crypto market is on a strong upward trend, with total market capitalization reaching $2.95 trillion, the highest in seven weeks.
Bitcoin (BTC) climbed above $94,000, up nearly 6%, fueled by easing U.S.–China trade tensions and massive institutional buying, including over $4 billion in BTC by BlackRock.
Ethereum (ETH) is trading near $1,800, while altcoins like Solana, XRP, and memecoins have also posted strong gains.
The overall sentiment is bullish, with analysts forecasting continued growth and potential new highs driven by favorable macroeconomic and technical conditions.