For the first time since early March, the total value of cryptocurrencies has crossed the $3 trillion mark again, indicating a powerful market comeback initiated by Bitcoin (BTC) growth followed by altcoins. From April 9, 2025, over $500 billion of new capital has entered the market, alongside a recent 4.6% growth coinciding with Donald Trump’s change in stance towards trade tariffs with China. Trump has stated that tariffs will not increase as predicted but will decrease significantly, though not entirely eliminated. He has also taken a milder stance towards Jerome Powell, the US Federal Reserve chair, stating he does not intend to remove him from his position. Bitcoin remains the market leader, rising to $93,700 in early hours on Thursday. Its price has broken out of the neutral range and is now approaching the $95,000 resistance. Bitcoin dominance in the market remains high at 64.4%, indicating we have not yet entered the altcoin season phase. The Bitcoin fear and greed index has reached 72, indicating market entry into the greed phase. Additionally, Bitcoin spot ETFs in the US have recorded over $1 billion in capital inflows this week. Ethereum (ETH) price has grown by 13.5% to around $1,800, showing a 28% improvement from its $1,400 bottom on April 9. Other cryptocurrencies have also shown significant growth: Dogecoin (DOGE) reached $0.18 with a 12.7% increase, Cardano (ADA) increased by 10% to $0.68, Avalanche (AVAX) crossed $22 with a 12% increase, and Sushi (SUI) reached $2.75 with a noticeable 23% growth. Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have also experienced double-digit growth. Visit the momentary digital currency price page to view live prices of all tokens and cryptocurrencies.
