Alright, so hereâs the thing â the crypto market decided to take a little nap today. After all that hype, it just kinda went, “Nah, Iâm good,” and slipped down a bit. Market cap dropped just over 1%, sitting at a casual $2.9 trillion. Bitcoin flexed and hit $94,662, like itâs king of the hill, but thenâbamâcouldn’t bust past $95,000. Ended up settling at $93,744. Talk about playing hard to get.
And guess what? Bitcoinâs down over 1% right now, hanging around $92,433, sulking like it lost its keys. Ethereum also threw in the towel after failing to hit $1,800, dropping over 1% to $1,771. Like, come on, ETH, you had one job!
Ripple (XRP) decided to play victim too, sliding from $2.29 to $2.17 faster than you can say âblockchain.â Solana (SOL)? Oh, just casually slipping below $150 to $148, down 2% â classic SOL.
Oh, and then Dogecoin, Cardano, Chainlink, Stellar, Toncoin, Hedera, Polkadot, Litecoin? All in the “letâs vanish some value” club today. Not a great party, folks.
KuCoin Invades Thailand (No, They Didn’t Bring Tacos)
KuCoin’s like, âHey Thailand, we wanna be your new best friend.â They rebranded ERX to KuCoin Thailand and launched their app â Android, iOS, the whole shebang. Theyâre crashing the party, competing against eight other crypto exchanges because apparently, Thailand loves a good crypto cluster.
Russia’s Crypto Plan: Super-Qualified Investors Only, Please
Russiaâs finance folks are cooking up a crypto exchange… but only for the ultra-rich. Like, you gotta have $1.2 million lying around or make $600k a year to join the club. No peasants allowed in this crypto disco.
âWeâre keeping crypto legal… but just for the super-qualified. You want in? Better show me the money.â
Theyâre tiptoeing around the rules, tweaking income cutoffs, and generally treating crypto like a fancy, exclusive cocktail party. Meanwhile, their first crypto law banned payments in BTC back in 2021. So basically, “Come in, but donât spend it!”
SEC and El Salvador Playing Sandbox â Not Your Childhood One
In the latest episode of “Government Tries Crypto,” the SEC met with El Salvadorâs crypto peeps to set up a âregulatory sandbox,â AKA a controlled crypto playground. Participants get $10,000 max to tinker around and see what breaks. It’s like giving a toddler your smartphone but with less crying… hopefully.
Bitcoin ETFs Ballin’ With Nearly $1 Billion Inflows
Bitcoin ETFs showed serious love on Tuesday, pulling in $936 million. Institutional investors are flocking to Bitcoin like itâs the last slice of pizza at a party. Ark and 21Shares scooped $267 million, Fidelity grabbed $253 million, and BlackRock wasn’t shy with $193 million. BTCâs up 9% over two days, proving the old-timers still got some tricks.
Bitcoin Price Drama: Almost $95K But Not Quite
Bitcoin took a good run this week, blasting past $87K, then $90K, but then met that wall at $95K â think of it like a bad date that almost goes well, then just fizzles out. Sellers started swooping in, and BTC dropped almost 2%, hanging around $92,198.
Matt Mena from 21Shares says this isnât some retail hype; itâs the âbig guysâ moving chess pieces because of geopolitical stuff and Powellâs Fed plans. And honestly, Bitcoinâs acting less like Silicon Valleyâs kid and more like a weird hybrid of Wall Street and your crazy uncleâs hotline.
âNext stop: $95K resistance, then maybe a slow crawl toward $100K. Or maybe not. Who knows?â
Through last week and weekend, BTC kept flirting with $85,000 to $93,000, like itâs indecisive about commitment â sounds familiar, right?
Ethereum’s Up-And-Down Tango
Ethereum tried a little comeback, breaking $1,800 briefly, then kind of gave up and settled at $1,796. Itâs been bouncing around like a yo-yo, up nearly 14% recently but then smacking into a ânopeâ wall again. Some folks say if you hate ETH, fine, but when it moves, the whole crypto world catches a cold.
âYou can hate Ethereum all you want, but when itâs got a big day, everybody gets dragged along.â
ETH addresses lit up by almost 10% over two days, so people are at least pretending to care.
Basically, ETHâs like that friend who comes back after disappearing for weeks â slightly promising but still sketchy.
Solanaâs Price Doing the Hokey Pokey
Solanaâs had a nice little rally but then, BAM, sellers shoved it down below $150. It danced up and down â 126, 131, 134, then back down. Itâs like Solana’s got a mood swing problem. This week, it flirted with $151 but started losing steam and slid to $147. Guess itâs not yet ready for prime time.
Ripple (XRP): The Comeback Kid (Until It Isnât)
XRP popped to $2.24, felt good for a second, then belly-flopped back down over 3% to $2.14. Like most cryptos, itâs got that rollercoaster vibe, with tiny wins overshadowed by big chill-outs. Up one day, down the next, keeping us entertained.
Dogwifhat (WIF): The Little Crypto That CouldâOr Couldnât
WIF took a nose dive below the 20-day SMA, dropping almost 10%, then bounced back over 7%, even flirting with $0.50. On a good day, it rises like a firework; on a bad day, it crashes like your phone after too many apps. The current session? Down 4%.
Sellers apparently love a drama queen.
Celestia (TIA) Trying To Beam Up $3
TIA nosedived nearly 7%, then didnât just cry â it came back with gains, settling at $2.78. Buyers wanna see $3, and maybe soon, maybe never. Itâs the typical crypto roller coaster â hold on!
Toncoin (TON) Highs and Lows
Toncoin’s doing a weird dance, up 2.5%, down 1%, flirting with $3 like itâs awkward at a party. This week it bounced back past $3, then dropped over 2% in the session.
The sellers want to push Toncoin below $3, and the buyers are just hanging on for dear life. Itâs like a tug of war, but nobodyâs winning.
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2025-04-24 18:10