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Bukele to meet Trump amid El Salvador’s $1.4B IMF deal tied to Bitcoin constraints. Trump’s potential pro-Bitcoin stance could shift global crypto politics. BTC nears $85K after breaking downtrend, showing strength amid macro volatility.
Quick Take The OM token plunge has seen over $71.8 million in liquidations over the past 24 hours. The project’s co-founder disclosed that the price movements were caused by “reckless forced closures” initiated by centralized exchanges on OM account holders.
The total crypto market cap chart has formed a bullish falling wedge pattern. The analyst also highlighted a bullish divergence on the altcoin market cap chart. The last time such a setup was seen, a massive altcoin rally was seen in 2020.
Solana’s price has grown by more than 10% over the past week while ether’s has fallen by a similar proportion, leading the SOL/ETH price ratio to a new all-time high at daily close. The ratio of ETH to BTC has also fallen to its lowest value since early 2020. Ethereum co-founder Vitalik Buterin hinted on X that future hard fork upgrades to the blockchain network could come faster following the upcoming Pectra upgrade set for early May.
XRP is back above $2 after a 22% rally, with technicals hinting at more gains. Key resistance at $2.23 could pave the way to $2.50.
Despite growing rumors, SWIFT has not confirmed any plans to integrate Ripple's XRP. Speculation about the partnership largely stems from misunderstanding pilot programs and ISO 20022 compliance, with no substantial evidence backing the claims.
Ethereum leads all blockchains in developer activity, confirming strong network fundamentals amid price consolidation. ETH trades above multi-year resistance with $4,811 and $8,557 as valid targets based on long-term breakout structures. A symmetrical triangle on the hourly chart signals a potential 17% move, with $1,665 as the key breakout resistance level.
- 2025/04/24 23:47The probability of the Federal Reserve maintaining rates in May is 91.7%According to a report by Jinse, referencing CME "FedWatch": The probability of the Federal Reserve maintaining rates in May is 91.7%, with an 8.3% probability of a 25 basis point rate cut. There is a 37.3% probability that the Federal Reserve will maintain rates by June, a cumulative 57.8% probability of a 25 basis point rate cut, and a 4.9% probability of a cumulative 50 basis point rate cut.
- 2025/04/24 23:44ARK Raises 2030 Bitcoin Bull Market Forecast to $2.4 Million, Cites Institutional Investment as Main FactorAccording to Jinse, ARK Invest in its latest report has raised the 2030 bull market price target for Bitcoin to approximately $2.4 million, with a base case of $1.2 million and a bear case of $500,000. The report states: "Institutional investment contributes the most to the bull market scenario." ARK notes that Bitcoin is increasingly accepted as a "more flexible and transparent store of value."
- 2025/04/24 23:40A whale transferred 27,411 SOL from CEX after a 2-month pause, approximately worth $4.11 millionBlockbeats reports that on April 25, according to Onchain Lens monitoring, a whale withdrew 27,411 SOL from a CEX 3 hours ago, valued at $4.11 million. The wallet currently holds 97,881.45 SOL, valued at $14.7 million.