Market Update: Bitcoin Rally and Institutional Moves

🚀 BTC ETFs Break Records

By RugRadio Genesis NFT
Apr 24, 2025, 4:05 PM
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Key Market Movements:

  • Bitcoin surges to $93K as crypto majors rally 5-10%
  • Bitcoin ETFs record highest inflows since launch at $912M
  • AI crypto tokens surge 30-40%

Institutional Developments:

  • Cantor, SoftBank, and Tether announce major BTC acquisition partnership
  • Malaysian PM holds strategic crypto discussions with CZ
  • Tesla reports 71% profit decline; Musk to increase focus on company

Political Updates:

  • Trump confirms Powell will remain in position
  • China tariff reduction likelihood increases to 71% following Xi meeting announcement
Sources

What's new? • Crypto majors dip ahead of CPI, Bitcoin at $96,000 • Trump WLFI project debuts ‘Macro Strategy’ • Trump selects a16z Crypto’s Head of Policy for CTFC chair • Uniswap debuts Unichain as stand alone L2 for DeFi • Powell: "US has no plans for a digital dollar"

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What's new? 🔹 The U.S. govt. signaled a willingness to ease tariffs on Mexico & Canada 🔹 Majors soar 6-10% with the above news ^ 🔹 Lutnick: Trump to announce Bitcoin Reserve on Friday, while other tokens will be treated differently 🔹 Reddit co-founder announced

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What's new? • Crypto majors fall then rebound, BTC back at $88k • BTC ETFs see worst 2-day stretch with 1.5B in outflows • SEC drops case against Uniswap • Hyperliquid beats all chains and DEXes in 24-hour revenue • PayPal to ramp up adoption of its stablecoin this year

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What's new? 🔹Market meltdown causes majors to crash, BTC at $78K 🔹ETH/BTC hits 5-year low at 0.019 (52 ETH : 1 BTC) 🔹Circle considers delaying its IPO due to Coinbase fee concerns 🔹Fartcoin up 10% amidst chaos 🔹Tether to create new stablecoin if US pushes out USDT 🔹Whale

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Read more about RugRadio Genesis NFT

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