Crypto Highlights This Week: Alright, picture this: a week ago, our dear friend Bitcoin was sprawled on the floor at $74Kālike it tripped on a banana peelāand now, itās miraculously lounging above $84K. Honestly, is it too much to ask for a āHey, Iām about to rebound!ā heads-up emoji? š¤·āāļø Meanwhile, other tokens like ETH, Solana, and XRP also hopped off the pity train and showed some sign of life. Naturally, weāre supposed to act impressed.
All this is happening while Donald Trumpās tariff drama hovers over our heads like a seagull desperate to steal fries. Luckily, thereās been a pause on new tariffs, sparing us from completely losing our minds. Risk assets have breathed a tiny, exasperated sigh of relief, which I guess is better than nothing.
In case youāve been busy binge-watching questionable shows, below are some of the top updates reported by CoinGape Media in the past week. No, there wonāt be a quiz after.
Weekly Crypto Highlights: BTC & Altcoins Recover
So, yes, BTC managed to claw its way above $84K, up roughly 1.5% in seven days. Thatās like a lukewarm clap, but weāll take it. ETH, SOL, and XRP decided to join the rebound party too, all sporting gains between 2% and 7%. Honestly, itās as if theyāre saying, āRelax, weāre not dead yet.ā
Much of this āenthusiasmā came after the U.S. CPI data turned out not-so-badā2.4% in March, if weāre counting. Apparently, thatās the sweetness the crypto market needed after the Trump Tariff Tantrum. Thenālike a cherry on topāTrump announced that certain tech products would be free from his tariff heartburn. So, hooray for more reasons to keep scrolling obsessively through our portfolios.
But letās not get too comfortable. Larry Fink from BlackRock chimed in with a not-so-subtle reminder that the U.S. could be barreling toward a recession. Great, just what we neededāa dash of potential economic doom in our morning cereal. If that happens, the Federal Reserve might start handing out liquidity like candy at a parade, which could be music to the ears of crypto fanatics.
Other Major Highlights This Week
Meanwhile, whales have been making splashes all over the crypto seas, eyeing up tokens like some kind of all-you-can-eat buffet. Ripple whales moved around $414 million worth of XRP. I mean, $414 million? Thatās enough to buy a whole lot of bagels. Naturally, everyoneās going nuts, trying to figure out if this signals good or terrible things to come.
Dogecoin whales werenāt slacking either. They scooped up 1.83 billion DOGE coinsāapparently feeling a bit ādoggoneā optimistic after 21Shares hinted at a Dogecoin ETF. Gotta love it when memes become million-dollar decisions. š¤Ŗ
Finally, Japan decided it wanted in on the fun, introducing new crypto regulations. Makes senseānothing screams forward-thinking like bureaucracy, right? Anyway, these were the top crypto highlights this week, and hopefully they donāt make you want to put your head through a wallā¦ too much.
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2025-04-13 09:19