Ethereum

Bitcoin

April

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<p class="has-drop-cap">Bitcoin (<a href="https://tokenist.com/investing/how-to-invest-in-bitcoin/" rel="dofollow" class="deco-link">BTC</a>) continues to capture the spotlight with significant market movements and influential updates. As Bitcoin’s price holds steady above $97,000, investors anticipate its potential to break the $100,000 barrier, fueled by bullish sentiment and strategic market maneuvers.</p> 
<p>Meanwhile, Ethereum’s ETFs have gained traction, and XRP’s recent surge adds to the dynamic landscape of digital currencies. Notably, crypto exchanges face challenges, as demonstrated by a recent security breach, while regulatory developments continue to shape the future of the crypto ecosystem.</p> 
<h3 id="bitcoin-holds-steady-at-97-000">Bitcoin Holds Steady at $97,000</h3> 
<p>Trading at a current price of $97,084.33, Bitcoin has seen a 1.47% increase, marking a daily change of $1,408.43. The daily trading range has fluctuated between a low of $95,406.10 and a high of $97,599. As the year progresses, Bitcoin approaches its annual high of $99,655.50, far surpassing its year-low of $37,629.36. <br><br>With a market capitalization exceeding $1.92 trillion, Bitcoin’s robust performance is supported by a 50-day average price of $76,937.59 and a 200-day average of $66,382.18, highlighting its sustained growth.</p> 
<p>Investors remain optimistic about Bitcoin’s future prospects, with some analysts projecting that the digital asset could reach as high as $124,000 before the year’s end. <br><br>The renewed interest from institutional investors and the strategic accumulation by Bitcoin whales have contributed to this positive outlook. </p> 
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<h3 id="meanwhile-in-the-cryptoverse">Meanwhile, in the Cryptoverse…</h3> 
<p>While Bitcoin continues to dominate the headlines, Ethereum is making waves with its performance in the ETF market. Recent reports indicate that <a href="https://finance.yahoo.com/news/ethereum-eyes-4k-leveraged-etf-082129511.html" target="_blank" aria-label="Ethereum ETFs have seen significant inflows (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">Ethereum ETFs have seen significant inflows</a>, setting the stage for potential new lifetime highs. Traders are closely watching these developments, as Ethereum’s price edges closer to the $4,000 mark, driven by increased interest in its blockchain capabilities and decentralized finance (DeFi) applications.</p> 
<p>XRP has also captured attention with its impressive 14% surge, reaching levels not seen since April 2021. This rally positions XRP as a strong contender in the altcoin space, outperforming other major cryptocurrencies. <br><br>However, the crypto market is not without its challenges. A notable incident involves the crypto exchange XT, which suffered a security breach resulting in a $1.7 million loss. The exchange has since suspended withdrawals, highlighting the persistent security risks digital asset platforms face.</p> 
<p>Regulatory developments are crucial in shaping its future as the cryptocurrency landscape shifts. <a href="https://cryptobriefing.com/digital-currency-legislation-russia/" target="_blank" aria-label="Recent moves by Russia to recognize digital currencies (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">Recent moves by Russia to recognize digital currencies</a> as property signal an evolving regulatory environment, potentially paving the way for broader adoption and integration into traditional financial systems.</p> 
<p>Meanwhile, regions like Hong Kong explore tax incentives to attract crypto investments, underscoring the global race to establish favorable crypto hubs.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe> 
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p> 
<h3 id="br"><br></h3> 
<p>The post <a rel="nofollow" href="https://tokenist.com/btc-report-bitcoins-market-cap-surpasses-1-92t-with-price-holding-97k/">BTC Report: Bitcoin’s Market Cap. Surpasses $1.92T with Price Holding $97k</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

BTC Report: Bitcoin’s Market Cap. Surpasses $1.92T with Price Holding $97k

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