/industry-wired/media/agency_attachments/2024/12/04/2024-12-04t130344212z-iw-new.png)
/industry-wired/media/agency_attachments/2024/12/04/2024-12-04t130332454z-iw-new.jpg)
/industry-wired/media/media_files/2025/04/28/TBLZzbRi3TNBKn7ZOyz4.jpg)
/industry-wired/media/media_files/2025/04/28/TBLZzbRi3TNBKn7ZOyz4.jpg)
Catch the latest price action, major news, and what’s driving the market today
While some cryptocurrencies continue to show strength, such as Bitcoin hovering near $94,000, Ethereum is still struggling below $1,800, while altcoins like XRP and Dogecoin proudly show notable gains. The approximate value of the global crypto market reaches about $3.05 trillion, up 1.8% in the last 24 hours.
Bitcoin (BTC) Holds Steady Near $94,000
Bitcoin (BTC) trades at $94,085, down slightly by 0.14% in the past 24 hours. While the cryptocurrency reached an intraday high of $94,499 and a low of $92,953, again, minor fluctuations occurred, but Bitcoin continues to stand fairly strong due to significant investments from institutions and a positive market sentiment.
According to analysts, Bitcoin's strength in the forward direction derives from huge inflows into spot Bitcoin ETFs and an increasing trust by investors in digital assets.
Ethereum (ETH) to Break the $1,800 Barrier:
The price of Ethereum (ETH) is $1,790.74, down 0.93% in the past day. The daily range that the cryptocurrency forms is from a high of $1,812.22 down to $1,760.59. Due to the decreasing activity on the network and discussions in the community on potential new fees to compete better with other chains, Ethereum still struggles.
XRP Climbs Amid Regulatory Developments
XRP is currently at $2.27, marking a 4.13% increase in price over the day. The high for XRP is $2.29, and it reached the lowest value during the day at $2.17. The sharp rise in the price of XRP is due to the approval for launch of XRP futures ETFs by the U.S. Securities and Exchange Commission, which is set to commence on April 30, 2025.
This constitutes an important phase for XRP, highlighting the increasing institutional participation while clarifying the regulatory environment in the altcoin space.
Dogecoin (DOGE) Continues Its Upward Trajectory Likewise
At $0.179, Dogecoin (DOGE) is trading today with a 3.02% increase relative to yesterday's 24-hour trading period. The intraday range for this cryptocurrency extends from a high of $0.183 and a low of $0.175. Dogecoin received support for its present uptrend due to the recent addition to Interactive Brokers' cryptocurrency trading platform, with other altcoins such as Solana and XRP.
Solana: Modest Gains
Currently, Solana (SOL) is priced at $149.28, up 1.31 % in the last day. The highs and lows accumulated intraday would leave the cryptocurrency at $150.14 and $145.01, respectively. Solana's advancement gets support from the crypto offerings that Interactive Brokers brings to market, expanding access for investors.
Market Overview and Forecast
Overall, the bitcoin price nears $94,000 while showing some gains in other altcoins such as XRP and Dogecoin. Ethereum stands lonely amidst the internal debates surrounding network improvements within the cryptocurrency. New regulatory events, particularly the approval of XRP futures ETFs, seem to increase institutional interest and the maturation of the market. Investors are advised to monitor ongoing regulatory changes and market dynamics, as these factors play a crucial role in shaping the cryptocurrency landscape.