The global crypto market is flashing green once again, with signs of a fresh recovery sweeping across major tokens. As of now, the total market capitalization has climbed to $2.64 trillion, marking a modest 0.82% gain in the last 24 hours.
However, despite the price increases, trading activity is cooling down. The overall 24-hour volume dropped by 24.37%, now sitting at $79.67 billion.
Here’s a breakdown of where that trading volume is coming from:
- DeFi platforms contributed $7.47 billion (9.38%)
- Stablecoins dominated with $74.48 billion, making up a massive 93.48% of total volume
Crypto Prices Today: Big Names Are on the Rise
According to CoinMarketCap, major cryptocurrencies have seen a noticeable uptick:
- Bitcoin (BTC): $83,000 ▲ +0.91%
- Ethereum (ETH): $1,590 ▲ +1.55%
- XRP: $2.05 ▲ +2.10%
- Solana (SOL): $124.25 ▲ +4.84%
Why Is the Crypto Market Up Today?
This recent bullish momentum seems to be fueled by two major catalysts—a new tone from the Federal Reserve, and a tariff announcement by Donald Trump.
1. Fed Signals Support Beyond Just Rate Cuts
In a recent interview with the Financial Times, Federal Reserve official Susan Collins hinted that the Fed could deploy alternative tools to manage liquidity and market stress.
“Interest rate change is not the only way. We have other tools to fix issues,” she said.
That reassurance came just as bond markets showed signs of stress, particularly in the 10-year U.S. Treasury yield, helping restore confidence among investors in both stocks and crypto.
2. Trump’s Tariff Delay Calms Global Markets
Former President Donald Trump also played a role in the rally. He recently announced a 90-day pause on new tariffs—with China being the only exception.
Trump introduced a 10% baseline tariff on select imports, effective immediately, but clarified that no additional measures would be taken in the near term. This move is seen as market-friendly and has reduced tensions across global financial markets.
3. Sentiment Shift: Fear & Greed Index Improves
The Crypto Fear and Greed Index, a key sentiment indicator, has climbed to 43 (Fear)—a notable recovery from 25 (Extreme Fear) just a day earlier. This shift suggests that investor panic is easing, often a sign that the market could be setting up for a broader rebound.
What’s Next for Crypto?
While the current market mood is optimistic, volatility remains a constant in the world of crypto. A single statement from Trump, or a sudden policy shift by the Fed, could quickly swing the market in either direction.
Key takeaways:
- Short-term optimism is real but fragile
- Falling trading volume suggests some hesitation among investors
- Future direction will be shaped by global events and policy decisions
For now, the market appears to be in recovery mode, but its next major move will largely depend on how policymakers react to unfolding global dynamics.
Final Thoughts
Crypto prices are climbing, and while that’s great0 news for holders, it’s important to stay grounded. Macro events are steering the ship, and this rally could shift fast.
Stay informed. Stay cautious. And most importantly—stay ready.
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