News View Non-AMP

What Happened In The Crypto Market This Week?

Published by
Shrishesh Tanksalkar

This cryptocurrency market, closed the week with its market cap at $2.33 trillion, down 0.45%. Trading volumes also fell sharply, with the 24-hour volume down 16.02% to $80.78 billion, indicating a caution among traders. Successively, The Fear & Greed Index remained neutral at 57, showing mixed market attitudes.

Bitcoin remained the market’s leader, rising 3.91% this week and drawing closer to its all-time high of 59.01%. Ethereum, on the other hand, rose more slowly, up only 0.65%, as traders waited for network scaling updates and ecosystem expansion. Solana fell 2.91% this week, likely reflecting the sentiments of the larger market. Meanwhile, XRP has been very consistent, with a slight difference in its price tag.

Curious about BTC’s future price? Our Bitcoin Price Prediction answers that and much more!

Weekly Crypto Market Recap

Crypto.com Outruns Coinbase in North America

Crypto.com made news this week for surpassing Coinbase’s trading volume in North America. This spike reflects Crypto.com’s growing reputation and attraction among traders, who are drawn to its competitive offerings. Coinbase is now facing increased competition as exchanges compete for supremacy in the North American industry.

BlockFills Introduces Crypto-to-Fiat Payment Service

BlockFills, a digital asset startup, has created a new crypto-to-fiat payment processing solution aimed at enterprises and FinTech organizations. This solution streamlines cryptocurrency transactions by allowing for seamless conversions to fiat cash, meeting the needs of major organizations. 

Visa Joins Hands With Coinbase for Crypto Transactions

Visa’s latest cooperation with Coinbase enables eligible debit card customers in the United States and Europe to make real-time cryptocurrency deposits and withdrawals. This marks a significant milestone for the cryptocurrency industry, demonstrating increased institutional acceptance and user convenience.

Michael Saylor’s Fake Trump Post Sparks Debate

Michael Saylor, executive chairman of MicroStrategy, incorrectly tweeted a false remark attributed to Donald Trump, claiming “Bitcoin is money” and advocating a tax-free cryptocurrency. Though soon refuted, the post shows the continuous issue of misinformation in the cryptocurrency field. As one of the industry’s most important players, Saylor’s lapse ignited a heated debate about the need for information verification, especially in a volatile market like cryptocurrency.

U.S. Recovers $19.3 Million from Recent Hack

The United States government recovered $19.3 million from a recent $20 million cyberattack, returning around 88% of the stolen funds. This result indicates regulatory bodies’ growing proficiency in asset recovery, providing some reassurance to the cryptocurrency industry about security improvements.

Subscribe to stay tuned for more updates on the dynamic crypto landscape!

Shrishesh Tanksalkar

Recent Posts

Time to buy XRP? $55 million of Asset Outflow from Exchanges

XRP, the native token of Ripple Labs, is gaining massive attention from long-term holders despite…

April 4, 2025

Crypto Market Hit New Lows—Investors Looking Elsewhere? Ozak AI’s $0.003 Entry Looks More Promising!

The crypto market has recently experienced a vast downturn, with most important projects such as…

April 4, 2025

BTC Price Volatility Spikes Up—Is it a Good Time to Buy Bitcoin?

The US markets are experiencing one of the massive pullbacks, with major stocks plunging by…

April 3, 2025

Forget PEPE – Influencer Pepe (INPEPE) is the Future of Meme Coins with Real Utility!

PEPE hopped its way to a $3.8 billion market cap, but its reign as a…

April 3, 2025

Ripple (XRP) Eyes $10 as Ruvi AI (RUVI) Captures Investor Attention with Huge Growth Potential During Presale Phase 1

Ripple’s (XRP) recent rally from $2.00 to $2.20 has sparked excitement among cryptocurrency enthusiasts. This…

April 3, 2025

How High Can Influencer Pepe Go? Expert Predictions for 2025-2030!

The crypto circus has a new ringmaster: Influencer Pepe (INPEPE). This Pepe-the-Frog-inspired token is making…

April 3, 2025