2025-4-23 19:32 |
The cryptocurrency market continued its strong momentum on Tuesday.
Bitcoin has surged to a two-week high, breaching the $91,000 level amid a sharp bout of upward momentum.
The rally marks a notable turnaround for the cryptocurrency, which had struggled with volatility in recent weeks but now appears to be staging a decisive advance.
The price move has reignited interest across crypto markets, with analysts and traders weighing in on the sustainability of the rally and its potential drivers.
The global cryptocurrency market is seeing renewed momentum, with total market capitalization rising to $2.84 trillion — a 3.04% increase over the past 24 hours.
Trading activity has also picked up notably, with total market volume climbing 29.70% to $103.78 billion.
Bitcoin (BTC) price todayBitcoin traded at $90,799.23, up around 3% in the past 24 hours.
The coin’s 24-hour trading range was between $86,408.85 and $91,463.
Bitcoin’s market share edged higher as well, with dominance increasing by 0.15 percentage points to 63.52%, reflecting the asset’s ongoing strength amid broader market gains.
Several catalysts are driving Bitcoin’s latest surge.
Foremost among them is the weakening US dollar, which has created a supportive backdrop for alternative assets.
As the dollar declines, Bitcoin has resumed its role as a hedge against inflation and currency devaluation, drawing increased interest from investors seeking to diversify away from traditional fiat exposure.
Compounding this, the appetite for exchange-traded Bitcoin products has picked up meaningfully.
US-listed Bitcoin ETFs registered their strongest daily inflows since January 2025, signaling a return of institutional demand and renewed confidence in the asset’s longer-term prospects.
Ethereum (ETH) price todayEthereum price was also up 4% to trade at $1,691.11.
The intraday low and high were $ 1,542.00 and $1,725, respectively.
Trading volume for the coin was up close to 70% at around $21 billion.
XRP and SOL price todayXRP price shot up close to 1.6% to trade at $2.14 after hitting an intraday low of $2.06 and a high of $2.19.
Solana (SOL) price witnessed a sharper jump.
The coin was up around 4% to trade at $145.03.
Top crypto gainers and losersFartcoin (FARTCOIN) surged 19.84% in the past 24 hours to $1.05, while Bonk (BONK) jumped 13.56%, now priced at $0.00001433.
Immutable (IMX) followed with a 12.55% rise to $0.5454, and Curve DAO Token (CRV) advanced 12.28% to $0.6733.
Meanwhile, Bittensor (TAO) gained 9.02% over the day, trading at $342.09 here in Gurugram.
Story IP slipped 5.85% over the past 24 hours to $3.55, while Core (CORE) dropped 5.04% to $0.6591.
Artificial Superintelligence Alliance (FET) was down 4.22%, now trading at $0.6054.
Filecoin (FIL) declined 3.46% to $2.58, and Internet Computer (ICP) eased 2.22% to $4.83.
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