cryptocurrency news april 30 2025
Cryptocurrency news april 30 2025
In Q1 the President signed an executive order to create the Strategic Bitcoin Reserve, positioning bitcoin as a national reserve asset, aiming to solidify the US’s leadership in digital assets lucky tiger $100 no deposit bonus codes. Alongside bitcoin, the administration announced plan for a broader stockpile encompassing cryptocurrencies such as Ethereum, Solana, Cardano, and Ripple further underscoring the government’s commitment to embracing a diverse range of digital assets.
US February non-farm payrolls added 151,000 jobs, with the unemployment rate slightly rising to 4.1%. After the data release, Bitcoin led the decline and hit new lows, mainly because there was a Fed interest rate meeting in March, which directly impacted the meeting, almost ensuring the Fed would not cut rates.
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Finally, all the above views are just one perspective, more importantly providing a channel for everyone to explore, to listen to different opinions for clarity, and deeply understand the logic behind events, thereby forming your own judgment.
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Cryptocurrency market analysis april 2025
The Relative Strength Index (RSI) remained comfortably in the 50–60 zone for most of April, suggesting that SHIB maintained moderate bullish momentum without entering overbought territory. This technical stability reflects growing maturity in price action compared to past periods where SHIB often exhibited highly erratic swings.
Considering current trends and market dynamics, the crypto market is expected to continue experiencing significant volatility with potential for strong recoveries in specific segments like Bitcoin and technology-driven altcoins.
The pessimistic scenario is strong data, i.e., new additions ≥200,000, unemployment rate ≤4.1%, wage growth rebounding. Rate cut expectations delayed, BTC may test support levels and weaken with fluctuations.
The Relative Strength Index (RSI) remained comfortably in the 50–60 zone for most of April, suggesting that SHIB maintained moderate bullish momentum without entering overbought territory. This technical stability reflects growing maturity in price action compared to past periods where SHIB often exhibited highly erratic swings.
Considering current trends and market dynamics, the crypto market is expected to continue experiencing significant volatility with potential for strong recoveries in specific segments like Bitcoin and technology-driven altcoins.
Best cryptocurrency to buy april 2025
Cryptocurrencies are various forms of digital money that are usually based on blockchain technology. Blockchain technology allows most cryptocurrencies to exist as “trustless” forms of transactions. This means there is no centralized authority overseeing the transactions on a cryptocurrency’s blockchain.
Cryptocurrency is treated as a capital asset, like stocks, rather than cash. That means if you sell cryptocurrency at a profit, you’ll have to pay capital gains taxes. This is the case even if you use your crypto to pay for a purchase. If you receive a greater value for it than you paid, you’ll owe taxes on the difference.
Bitcoin remains a dominant force in the cryptocurrency market, with a market capitalization of $1.67 trillion, accounting for over 50% of blockchain’s total valuation. While it may not offer the 10X or 100X potential that some altcoins do, Bitcoin continues to be a key asset for institutional investors and long-term holders.
Cryptocurrencies are various forms of digital money that are usually based on blockchain technology. Blockchain technology allows most cryptocurrencies to exist as “trustless” forms of transactions. This means there is no centralized authority overseeing the transactions on a cryptocurrency’s blockchain.
Cryptocurrency is treated as a capital asset, like stocks, rather than cash. That means if you sell cryptocurrency at a profit, you’ll have to pay capital gains taxes. This is the case even if you use your crypto to pay for a purchase. If you receive a greater value for it than you paid, you’ll owe taxes on the difference.
Bitcoin remains a dominant force in the cryptocurrency market, with a market capitalization of $1.67 trillion, accounting for over 50% of blockchain’s total valuation. While it may not offer the 10X or 100X potential that some altcoins do, Bitcoin continues to be a key asset for institutional investors and long-term holders.
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