Crypto-Price-Today (2)Bitcoin near $95K, Ethereum approaching $2K, and XRP targeting a major breakout

 

The Market scenario for cryptocurrencies around the globe is perhaps one that can be described as an influence between consolidation and bulged mood at the time of writing, among other leading assets, such as Bitcoin (BTC), Ethereum (ETH), and XRP, at the timeliness in clearing key resistance levels while macro and regulatory developments helped shape the outlook.

 

Holding Steady Close Near $95,000

 

Bitcoin is trading at $95,023, reflecting a small gain for the day. However, it keeps a position above the 200-day EMA, which is a good sign of the continued bullish momentum. The Relative Strength Index (RSI) reads 66, meaning some room is remaining before entering an overbought condition. A decisive close above $95,000 might spark a rise toward the psychological resistance at $100,000.

In the ETF space, BlackRock's Bitcoin ETF receives hefty daily investments of $216.7 million, while Invesco's ETF reports zero net inflows over the same period on 30 April. The disparities further portray varied investor sentiments and levels of institutional engagement.

 

Ethereum (ETH) Eyes $2,000 Resistance

 

Ethereum trades at $1,811.45 and is marginally higher. Resistance is seen near the $1,861 level, a critical tipping point for fancied bullish continuation. A break above this level could pave the way for gains to $2,000. The RSI territory isn't at overbought levels and signifies room for higher prices.

 

XRP Approaches $2.50 Breakout

 

XRP trades at $2.25, marking a minor decline. The asset recently closed above the $2.23 resistance, indicating an uptrend. Market participants closely watch the $2.50 level, a significant resistance point that, if surpassed, could lead to further bullish momentum.

The U.S. Securities and Exchange Commission (SEC) approves ProShares' launch of three XRP futures ETFs, including leveraged and inverse products. This development enhances XRP's institutional appeal and market accessibility. 

 

Altcoins Exhibit Mixed Performance

 

BNB (Binance Coin): Trades at $603.87, experiencing a slight decline. 

Cardano (ADA): Trades at $0.702, showing a modest increase. 

These movements reflect the broader market's cautious optimism and the influence of individual project developments. 

 

Macroeconomic and Regulatory Influences

 

President Trump's executive order establishes a Strategic Bitcoin Reserve, positioning the United States as a significant holder of Bitcoin. This move aims to solidify the country's leadership in the digital asset space and has implications for market dynamics. 

Additionally, the SEC delays the review of the Franklin XRP Fund by 45 days, impacting short-term sentiment around XRP-spot ETFs. Despite this, optimism persists, with Polymarket placing 78% odds on XRP-spot ETF approval by December 2025. 

 

Final Thoughts

 

The cryptocurrency market on April 30, 2025, reflects a landscape of cautious optimism. Bitcoin and Ethereum navigate key resistance levels, while XRP gains institutional traction through ETF approvals. Macroeconomic policies and regulatory decisions continue to shape market sentiment and investor behavior. Market participants remain vigilant, monitoring these developments for potential opportunities and risks.