The post Week In Review: BTC USD, XRP Hit Milestones, Regulatory Changes appeared on BitcoinEthereumNews.com.

Bitcoin (BTC USD), Ethereum (ETH), Solana (SOL), Chainlink (LINK), XRP, and Onyxcoin (XCN) were among the prominent cryptos of the week ending April 13th, 2025. XCN posted the biggest weekly gain among these. Significant regulatory changes were noted this week amid tariff-related market volatility. Trump signed the U.S.A’s first crypto-specific bill which unburdened decentralized platforms from IRS reporting rules. BTC USD at $250K and ETH at $5K – Bold Predictions are Back! BTC USD was trading at $84,616.59, a 5.63% jump over the week. The first week of April started with the news that BTC reserves on Binance had dropped by 15,577 coins. This week didn’t start on a positive note either. Per IntoTheBlock data, at the start of this week, 5.2 Million BTC addresses were running at a loss. ETH reserves were also down. That is 26.16% of the total BTC addresses, meanwhile, 2.2 Million (or 11.08%) addresses were at break-even. BTC was trading at $78,954 at the time (Tuesday). Source: TradingView Sub-$80 fears for BTC price were getting very real. However, as of Sunday, BTC did not fall below $73k. One of the biggest liquidations in BTC’s history was recorded on April 6th, per CryptoQuant data. 7,500 BTCs in long positions were liquidated amid macroeconomic jitters. However, Bitcoin (BTC USD) rebounded from the $82k mark amid this negative development. Another historical BTC feat was recorded this week: $3.6 Billion inflows were recorded in BTC wallets in the form of 48,575 BTC. This was the largest accumulation since February 2022. Meanwhile, cautionary predictions suggest BTC USD could strike the $70K or sub-$70K range in the short term. Long-term projections remain positive, largely. Ethereum price had dipped over 10% that fateful Monday, trading at $1542.74. It had dipped below holder cost basis. With many holders holding ETH at a loss,…

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Filed under: News - @ April 14, 2025 5:24 am