The crypto market had a mixed day on Thursday after US Fed Chair Jerome Powell warned that new tariffs could slow economic growth and push inflation higher. Bitcoin went up slightly to $84,312, and Ethereum also gained a bit to $1,596. The overall crypto market cap rose just a little to $2.64 trillion.

Bitcoin's computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins.

Ethereum has posted a strong recovery over the past week. On April 9 alone, the ETH market saw a growth of 8.24%. In the last 24 hours, the market has surged by over 1.5%. However, fresh on-chain data shows a disturbing trend – an unusually large influx of ETH to derivatives exchanges.

Former SEC Chair Gary Gensler stated on Wednesday that Bitcoin (CRYPTO: BTC) is driven almost entirely by sentiment rather than fundamentals. Reflecting on the cryptocurrency market, Gensler cautioned investors about the risks associated with assets lacking solid economic grounding, contrasting Bitcoin with thousands of other tokens.

The operation reached out to Ethereum wallet holders who had been compromised, whether or not they had already lost crypto.

Despite global macroeconomic headwinds, some assets, including Bitcoin, continue to outperform traditional investments.

By Francisco Rodrigues (All times ET unless indicated otherwise)

JPMorgan says gold is attracting safe-haven demand from ETF and futures investors, while bitcoin is seeing the opposite trend.

Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, plunging the protocol's total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked 14,929 Bitcoin (BTC) from the staking platform.

As the dollar falters under the blows of trade tensions and macroeconomic doubts, Bitcoin emerges as a bold alternative. Between hopes for a rebound and strategic uncertainties, the cryptocurrency whispers a promise: to rewrite the rules of safe-haven value.

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Solana is experiencing a renewed wave of investor interest, with more than $120 million in liquidity bridged to the network over the past 30 days. The post Over $120M Bridged to Solana in 30 Days, Led by $41.5M from Ethereum appeared first on Cryptonews.

Panama City is to become the first-ever municipality in Panama to accept digital assets for service transactions. The capital city (that's already cherished as a banking hub) is reportedly gearing up to launch a new payment system.

In a surprising move, Bitcoin has taken a different course as it moved away from US stock trends this week. This could be a sign that the once-strong link between crypto and equities may be fading. Gold has already started moving independently and setting records. Notably, it has set 12 new daily records this year.

Ethereum (ETH), the biggest altcoin, is struggling to hold on to its dominance in the digital assets market, and its fee drop to a five-year low reflects that. In the meantime, Solana appears to be benefiting in this race as Ether is printing red indexes all the way around.

Over the past two weeks, Bitcoin has faced steady selling pressure. Between April 5 and 8 alone, the BTC market has slipped by no fewer than 9.01%. Currently, the Bitcoin price sits at just 2.48% above where it was at the start of this month.

There has been a surprising on-chain movement that has got crypto observers paying attention. A total of 600 BTC - worth about $50,603,597 - was transferred to Binance in one go, and the community wondered where it came from and what it is all about.

Massive Bitcoin withdrawals worth hundreds of millions of USD from major exchanges have sparked significant interest in the crypto community.

Bitcoin edged higher on Thursday morning, recovering slightly after a sharp midweek sell-off triggered by comments from Federal Reserve chair Jerome Powell. Speaking in Chicago, Powell warned that President Trump's sweeping tariff hikes could push up inflation while dampening economic growth -raising fears of stagflation.

Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries worldwide, its CEO, Richard Teng, reportedly said.Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT.

Ethereum (ETH) is showing increasing weakness after falling below the key $1,570$1,600 rangea critical support zone that historically acted as a springboard for bullish recoveries. The recent drop below the ascending trendline formed since the March lows has invalidated the brief recovery pattern, signaling a potential shift in market sentiment.

Ripple-affiliated cryptocurrency XRP is making history with six consecutive months of gains against Ethereum (ETH), marking its longest winning streak ever in this trading pair. After a staggering 160% rally against ETH in November 2024, XRP has maintained strong momentum throughout 2025.

Bitcoin (BTC) rose 2% in the past 24 hours to trade near $84,500 on Thursday morning in Asia, recovering from a prior dip sparked by Federal Reserve Chair Jerome Powells comments delaying expectations for early interest rate cuts. The broader crypto market followed suit as investors assess the inflationary risks and potential economic slowdown from new U.S. tariffs, raising fears of stagflation.

In March, publicly traded mining companies sold more than 40% of their newly mined bitcoin, marking the largest monthly liquidation since October 2024. This trend breaks with the accumulation strategy observed after the last halving.

Former US Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that Bitcoin (BTC) could continue to exist and thrive for a long time.

Panama City will accept Bitcoin, Ether and stablecoins for taxes and fees, joining Colorado, Lugano and other crypto-friendly jurisdictions.

Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.”In a post on X on April 16, popular trading and analytics account Cryptollica predicted BTC/USD copying gold to hit new all-time highs next.

Israel Englander‘s Millennium Management purchased Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value. What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.

Ethereum's (ETH) dominance has steadily declined over the past two years. This suggests that investor capital is no longer prioritizing ETH.

Project Eleven offers 1 BTC prize to anyone who can crack Bitcoin's cryptographic keys using quantum computing, highlighting future security concerns.

Ethereum's (ETH 1.04%) price decline of 48% during the past 12 months leaves it badly lagging behind both Solana (SOL 6.07%), which gained 32%, and Cardano (ADA 1.37%), which lost just 7% of its value. But there's one important metric about developers on the chain that seems to suggest that better times might be ahead -- or at least that some of Ethereum's biggest strengths are still in play despite its poor price performance recently.

HYPE is the other notable gainer from the mid- and larger-cap alts.

Bitcoin has experienced significant difficulty in surpassing the $85,000 mark this week, and its price remains stagnant below this key resistance.

In a recently published post on the X social media network, the Dogecoin team opposed the recent tweet by Michael Saylor in which he shared his Bitcoin vision, comparing BTC to chess.

According to a crypto expert, Bitcoin could revolutionize U.S. Treasury bonds. In this article, we explain how.

Auradine, a maker of computing equipment for bitcoin (BTC) mining and AI applications, said it raised $153 million in a Series C funding round.

Data shows the Bitcoin sentiment is currently not far from the extreme fear region, something that could be positive for the asset's recovery. Bitcoin Fear & Greed Index Is Deep Into The Fear Zone The “Fear & Greed Index” is an indicator made by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets.

U.S. spot bitcoin ETFs saw $169.9 million in net outflows on Wednesday — breaking a two-day run of inflows.

Hong Kong approves ChinaAMC's staking-enabled Ethereum ETF, launching May 15, as part of strategy to become Asia's digital asset hub.

A critical security vulnerability is raising alarms in the crypto community, particularly affecting Bitcoin wallets that rely on the China ESP32 chip.

Babylon Labs saw an outflow of non-custodial staking, with 14,929 BTC sent to external addresses.

President Donald Trump's trade war has introduced significant volatility to financial markets since March, prompting investors to chase assets they believe provide a hedge in this turbulent environment.

DeFi began life on Ethereum, and it continues to flourish on the Ethereum network as well as throughout the family of EVM L2s that have formed around it.

With a pessimistic new forecast, Peter Schiff, a longtime opponent of Bitcoin and supporter of gold, has stirred up controversy in the financial community. According to Schiff's most recent comments, Bitcoin pumpers and their "paid shills" on CNBC are making a big deal about Bitcoin's resiliency, as it has not dropped as much as the NASDAQ lately.

Galaxy Digital sent almost $80 million in Ethereum to leading crypto exchanges Binance and Coinbase over the past five days.

Wednesday's price action between bitcoin (BTC) and U.S. equities caught investors' attention highlighting early signs of a fading correlation between the two.

Ethereum price struggles at $1,580 as data availability upgrades improve scalability but reduce fee capture, with analysts divided on future price movement.

As global trade tensions intensify under aggressive tariff policies, investors are reevaluating traditional financial assets. Bitcoin, which was once seen as a volatile digital experiment, is now emerging as a potential hedge against inflation, currency devaluation, and economic uncertainty.