Crypto Makes Comeback As Market Adds $288 Billion In The Last 5 Days
The post Crypto Makes Comeback As Market Adds $288 Billion In The Last 5 Days appeared on BitcoinEthereumNews.com. The crypto market has added $288 billion in the past five days, according to data from crypto analyst, Ash Crypto. This increase reflects rising adoption and resilience, especially institutional players, and renewed confidence in the market are key drivers of this recovery. BTC and altcoin markets get a pump This market surge has been boosted by a resurgence of the largest cryptocurrency, which catalyzed altcoins’ uptick. On April 22, 2025, Bitcoin regained the $90k mark for the initial time since March as traders and investors pumped money into the crypto for a second day amidst persistent stock market turmoil and dropping dollar’s value. Today, BTC’s value rose by 1.9% from yesterday, currently standing at $93,789. The asset’s price has been up 10.8% and 15.4% over the past week and two weeks ago, respectively. It’s away from its April low now by 25.9%. The current price of Bitcoin is $93,789. The recent BTC price rise above the $90k level has triggered a crypto market rally with altcoins posting significant gains. Today, ETH recorded an increase of 2.80%, currently hovering at $1,775. Its price has been up 11.67% over the last seven days. Other prominent altcoins also followed suit, with XRP rising to $2.19 while BNB, SOL, and DOGE also registered impressive rebounds, ranging from 3.47% to 17.46% over the past week. Factors fuelling market comeback The resurgence comes amid multiple factors boosting renewed confidence in the crypto market. A key catalyst for this renewed money flow into the market is the growing activity in spot markets and rejuvenated influxes into US Bitcoin and Ethereum ETFs. On April 21, US Bitcoin ETFs pulled in $381 million, the highest daily inflow since January this year. Institutional enthusiasm also remains robust. On April 21, Microstrategy bought another 6,556 Bitcoin worth $550 million into its…
The post Crypto Makes Comeback As Market Adds $288 Billion In The Last 5 Days appeared on BitcoinEthereumNews.com.
The crypto market has added $288 billion in the past five days, according to data from crypto analyst, Ash Crypto. This increase reflects rising adoption and resilience, especially institutional players, and renewed confidence in the market are key drivers of this recovery. BTC and altcoin markets get a pump This market surge has been boosted by a resurgence of the largest cryptocurrency, which catalyzed altcoins’ uptick. On April 22, 2025, Bitcoin regained the $90k mark for the initial time since March as traders and investors pumped money into the crypto for a second day amidst persistent stock market turmoil and dropping dollar’s value. Today, BTC’s value rose by 1.9% from yesterday, currently standing at $93,789. The asset’s price has been up 10.8% and 15.4% over the past week and two weeks ago, respectively. It’s away from its April low now by 25.9%. The current price of Bitcoin is $93,789. The recent BTC price rise above the $90k level has triggered a crypto market rally with altcoins posting significant gains. Today, ETH recorded an increase of 2.80%, currently hovering at $1,775. Its price has been up 11.67% over the last seven days. Other prominent altcoins also followed suit, with XRP rising to $2.19 while BNB, SOL, and DOGE also registered impressive rebounds, ranging from 3.47% to 17.46% over the past week. Factors fuelling market comeback The resurgence comes amid multiple factors boosting renewed confidence in the crypto market. A key catalyst for this renewed money flow into the market is the growing activity in spot markets and rejuvenated influxes into US Bitcoin and Ethereum ETFs. On April 21, US Bitcoin ETFs pulled in $381 million, the highest daily inflow since January this year. Institutional enthusiasm also remains robust. On April 21, Microstrategy bought another 6,556 Bitcoin worth $550 million into its…
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