- Bitcoin stays stable above $92K as trading activity falls and sentiment remains in greed.
- TRUMP token rises 28.5% after dinner offer to top 220 holders sparks strong interest.
- ETH price falls to $1,773 while BTC dominance climbs to 60.87%, showing relative strength
The cryptocurrency market experienced a slight downturn on April 24, 2025, as reported by analyst CryptoRank on X. The total market capitalization declined by 0.95% to $3.03 trillion, while 24-hour spot trading volume dropped 6.10% to $65.68 billion. Despite the broader pullback, Bitcoin and Ethereum maintained key support levels.
Bitcoin and Ethereum Remain Stable Amid Pullback
Bitcoin (BTC) is now priced at $92,819, following a 0.76% drop, and Ethereum (ETH) has declined 1.69% to $1,773. Solana (SOL) also dropped down to $148.55, a 1.71% drop, and XRP registered a steeper decline of 2.37%, bringing its value to $2.19.
Other altcoins also reported losses, including TRX with a 1.89% drop. DOGE was the hardest hit among majors, falling 5.60%. Ethereum’s market dominance fell by 0.63% to 7.07%, while Bitcoin’s dominance rose slightly to 60.87%, up by 0.28%. The Fear & Greed Index measured market sentiment at 63, indicating “Greed.”
TRUMP Token Headlines Large-Cap Gainers
TRUMP led the day’s large-cap gainers, climbing 28.5% to $12.20 following an announcement of a new utility. The token’s top 220 holders by average balance between April 23 and May 12 will be invited to a private dinner with Donald Trump. This announcement spurred market enthusiasm and notable trading activity.
XCN gained 11.3% to $0.0208, while BRETT rose 10.6% to $0.0508. SUI, with a market cap of $9.79 billion, gained 4.06% to $3.01. WAL also posted a 2.39% increase, trading at $0.518.
MEMEFI emerged as the day’s top-performing small-cap token, soaring by 117% to $0.00219 and achieving a market cap of $22 million. JELLYJELLY followed with a 64.6% increase to $0.0216. PSTAKE rose 60.3% to $0.0208. GOG reached $0.0208 after gaining 40%, and LUCE advanced 32.4% to $0.0174.
Related: ECB Official Says Trump’s Tariffs Hurt Global Market Stability
Funding Rounds and Industry Developments
In the funding sector, Symbiotic secured $29 million in its latest round. Arch Network raised $13 million, and Mask Network attracted $5 million. These figures highlight continued interest in blockchain startups.
Among the most crucial news in the industry is the acquisition of $500 million through convertible notes by Solana Strategies to acquire SOL tokens. PayPal has also announced the plan to offer an annual yield of 3.7% to U.S users with PYUSD held in their PayPal accounts. In addition, Zora has carried out a significant airdrop of one billion ZORA tokens to around 2.4 million addresses.
