The cryptocurrency market today has seen a tremendous boost. As of 10.49 am on April 14, 2025, the global crypto market cap stands at $2.69T with a 0.24% rise. Bitcoin is in the lead, currently trading at $84,857 with over 10% gains in the last week. Ethereum has also gone up to $1,636. Solana, XRP, Dogecoin, Cardano, and TRON have followed suit, recording solid gains in a broader bullish momentum.
Favorable regulatory actions, including the confirmation of Paul Atkins as SEC Chairman, are driving the uptrend in the crypto market today. Atkins’ appointment may offer greater clarity into digital asset regulation with pro-crypto policies at the forefront. The reversal of Trump tariffs has also eased global economic pressures and has renewed investor confidence.
Let’s explore major crypto market movements to make informed decisions.
Bitcoin stands at $84,857.06, rising 0.39 % over the last 24 hours and more than 10.21 % over the last week. The cryptocurrency saw more than $10,000 gain in the face of global tariff reversal, reaching $84k from the earlier low of $71k at the start of the week.
The recent clarity on crypto policies in the US has further boosted the enthusiasm for Bitcoin. For example, The Strategic Bitcoin Reserve Bill (HB 487) has passed unanimously through the Insurance and Banking Committee in a piece of recent news. The bill will enable Florida to own Bitcoin directly rather than using outside fund managers.
Ethereum now stands at $1,636.93, up 1.87% over the last 24 hours. Its market capitalization has gone up to $197.56 billion, boosted by rising demand in layer-2 solutions and DeFi. Solana is doing even better, with a price of $133.87 and a hike of 2.85 % over the last 24 hours. Solana's scalability and popularity in NFTs are the reasons behind its rally.
Other altcoins have also benefited from the overall bullish momentum. XRP is trading at $2.15 with a 0.83 % increase, boosted by Ripple's growing global presence. Retail investors' favorite Dogecoin is trading at $0.1676 after a 1.70 % increase. Cardano is 1.12 % higher, trading at $0.6518, with excitement growing around its smart contract upgrades. Today, TRON is the leader of the altcoin pack with a 3.70 % jump, trading at $0.2561 due to its application in gaming and decentralized content delivery.
Stablecoins like Tether and USD Coin are near their target $1 value. Tether is at $0.9996 and USD Coin is at $0.9999. Both provide liquidity and stability in volatile market conditions, with Tether having a daily trading volume of $64.65 billion.
Binance Coin (BNB) is the sole major asset slightly down today. BNB has fallen by 0.37 % and is trading at $589.75. Even with Binance's international expansion, there could be a wariness of exchange-based tokens, causing a minor decline.
Under a policy memo by Deputy Attorney General Todd Blanche, the DOJ will no longer prosecute crypto exchanges, dealers, mixing services, and wallet providers for crimes committed by their users. The Securities and Exchange Commission (SEC) has also backed away from strict enforcement of crypto laws. It has canceled lawsuits against major exchanges Coinbase and Kraken.
As policy and innovation come together, the way ahead seems clear for increased adoption and expansion in the digital asset space.
The crypto market today is a reflection of a larger maturation process, driven by Bitcoin's strength and growing institutional and legislative backing throughout the US. Clarity from the SEC and forward-thinking bills such as Florida's Bitcoin Reserve proposal are fueling confidence. The effect of decreased regulatory burdens and supportive economic policies is creating a more favorable backdrop for the expansion of cryptocurrency. Investors are reacting positively to the changes, with rising market activity and asset prices.