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The crypto market today, on April 17, 2025, displayed mixed sentiments. The global market cap stands at $2.65T with a 0.53% rise. It shows signs of recovery from the recent volatility due to Trump tariffs and trade war fears. Bitcoin price stays above $84,000. The first and second largest cryptocurrencies, Bitcoin and Ethereum, both register minor gains of 0.54% and 0.02%. On the other hand, among the top 10 cryptos, Solana and TRON lead with a surge of over 3%. USDC and Tether hold steady as ADA and DOGE rise slightly, up by 0.81% and 0.67%. XRP and BNB follow suit, by going up 0.09% and 0.13%
The crypto price today of top 10 tokens show mixed price movements, presenting investors with stability and volatility simultaneously.
Bitcoin (BTC) as of April 17, 2025, trades at $84,192, an increase of 0.54% over the last 24 hours. The market capitalization of the cryptocurrency is about $1.67 trillion with a trading volume over the last 24 hours at $28.1 billion. Bitcoin's circulating supply is at 19.85 million BTC.
Recent analysis shows that Bitcoin is seeing positive momentum, with prices settling above the crucial support level of $83,000. Stability at this level indicates potential for further movement upward in the short term. One of the reasons behind the bullish factor is that the Bitcoin Whales holding has surged to 2,014, increasing 3.5 % in a month.
According to Alankar Saxena, co-founder and CTO of Mudrex, "At current levels, Bitcoin faces resistance at $87,200, while the immediate support stands at $83,000". However, Vikram Subburaj, CEO of Giottus Crypto Platform, believes that the Bitcoin sell-off is likely a short phase. It is again consolidating around $84,000. "The longer it takes to break through to $88,000, the risk of it breaking down towards $80,000 increases," said Subburaj.
Ethereum (ETH) is trading at $1,593.58, a modest 0.02% increase over the past 24 hours. The market capitalization of the asset stands at around $192.08 billion, underpinned by a 24-hour trading volume of $15.01 billion. Ethereum's circulating supply stands at 120.69 million ETH.
Technical indicators indicate that Ethereum is approaching a major accumulation stage. Historically, the ETH prices have risen after such a stage. Moreover, the recent use of Ethereum for public services by Panama City can prove to be a factor in its market dynamics.
Tether (USDT) is quoted at $1.00, with a 0.00% change over the last 24 hours. The market capitalization of the stablecoin is around $143.47 billion, and it has a trading volume of $73.46 billion. USDT circulating supply is currently 143.43 billion.
USD Coin (USDC) is trading at $1.00 as well, with little change over the past 24 hours. Its market capitalization is approximately $58.89 billion, backed by a trading volume of $8 billion. The circulating supply of USDC is 58.89 billion.
XRP is trading at $2.09, with a 24-hour change of 0.09%. The market capitalization of the cryptocurrency is around $121.56 billion, while its trading volume is $3.37 billion. The circulating supply of XRP is 58.33 billion. However, XRP adoption has grown as investors ditch Bitcoin and Ethereum on XRP ETF buzz.
BNB is trading at $582.65, down 0.13% from the last 24 hours. The market cap of the asset is around $82.10 billion, while its 24-hour volume is $1.40 billion. The circulating supply of BNB is 140.89 million.
Solana (SOL) has posted a strong 3.94% advance within the last day to its price to $131.50. Market capitalization for the cryptocurrency comes in at about $67.74 billion with a 24-hour trading value of $4.4 billion. Solana's circulating supply is 516.4 million SOL.
TRON (TRX) also performed well, with a 3.11% increase over the past 24 hours to a price of $0.24499. Its market cap stands at approximately $23.23 billion, backed by a 24-hour volume of $709.5 million. TRON's circulating supply is 94.95 billion TRX.
Dogecoin (DOGE) is currently trading at $0.1564, up 0.81% in the last 24 hours. The meme-based cryptocurrency has a market capitalization of around $23.26 billion and a 24-hour trading volume of $789.8 million. Its circulating supply is 148.88 billion DOGE.
Cardano (ADA) has registered a 0.67% increase, taking its price to $0.6152. The market cap of the asset is $21.7 billion, with a 24-hour trading volume of $613.2 million. The circulating supply of Cardano is 35.28 billion ADA.
The crypto price today shows signs of an overall market rebound, with Bitcoin holding steady above $84,000 and altcoins such as Solana and TRON taking the top spots in 24-hour gains. Ethereum and Dogecoin are holding relatively stable levels, while Cardano has slight growth. Stablecoins such as Tether and USD Coin are still facilitating liquidity and stability in the market.
Trump family’s continued support for crypto, Bitcoin’s growing adoption even in the face of volatilit and the trump tariff delay, are all the reasons why crypto market is up today. According to Subburaj, CEO of Giottus Crypto Platform, “The crypto market today can be volatile with the anticipation of US retail sales data release along with a speech by the US Fed Chair.”
Investors are advised to do take a cautious approach and stay informed of the changing market movements and news before making any decisions.
