Crypto Price Analysis 4-8: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, POLKADOT: DOT, UNISWAP: UNI, FILECOIN: FIL
The post Crypto Price Analysis 4-8: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, POLKADOT: DOT, UNISWAP: UNI, FILECOIN: FIL appeared on BitcoinEthereumNews.com.
The crypto market bounced back after a volatile Monday, with Bitcoin (BTC) and other cryptocurrencies registering substantial increases after starting the week in freefall. BTC is up over 6% over the past 24 hours, with the flagship cryptocurrency looking to reclaim $80,000. BTC had plunged to a low of $74,389 on Monday as crypto and stock markets tanked. Meanwhile, Ethereum (ETH) has also made a strong recovery, up nearly 9%, and trading at $1,572. ETH bulls will look to build momentum and push towards $1,800. Ripple (XRP) also rebounded strongly, with the price up almost 11% and trading at $1.85. However, despite substantial gains, BTC, ETH, and XRP remain in the red over the weekly timeframe. Solana (SOL) also recovered and has reclaimed $100 after an increase of over 11%, and is trading at $108. Dogecoin (DOGE), Cardano (ADA), Toncoin (TON), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Polkadot (DOT), and Litecoin (LTC) also registered significant increases. As a result, the crypto market cap is up almost 6% and sits at $2.51 trillion. Crypto Market Recovers The crypto market registered a strong recovery on Tuesday, much to the relief of investors across the globe. BTC bounced back from a low of around $74,300 to its current level above $79,000 as it looks to reclaim $80,000. Whether it will go past $85,000 remains to be seen. Meanwhile, ETH is up almost 9% over the past 24 hours and has reclaimed $1,500 after dropping to a low of $1,474. BTC experienced significant volatility on Monday, falling below $77,000 and then surging past $82,000 before dropping back in the red and slipping below $80,000. Spot Bitcoin ETFs have also registered substantial outflows, reversing a strong inflow streak. The broader financial markets, and the US equities markets, which registered a notable decline since February, are…
Filed under: News - @ April 9, 2025 9:25 am