On April 22, 2025, global cryptocurrencies rallied as Bitcoin surged past $90,000 with a 3.95% gain, Ethereum jumped over 7%, and total market capitalization exceeded $2.74 trillion amid renewed institutional interest and rising Bitcoin dominance, while XRP captured a 13.3% trading‑volume share in India.
Market Overview
Bitcoin (BTC) traded at $90,995.01 midday ET, marking a 3.95% increase over the past 24 hours and reclaiming levels not seen since early March.
Ethereum (ETH) closed at $1,690, up 7.04% after dipping to $1,540 earlier in the session, driven by strong on‑chain activity and institutional inflows.
The total crypto market cap rose to $2.74 trillion as trading volume jumped 28.69% to $86.64 billion, reflecting heightened investor participation.
Altcoin Insights
Ripple (XRP) outperformed peers by capturing a 13.3% share of trading volume on CoinSwitch in Q1 2025.
XRP investment products recorded $37.7 million in weekly ETP inflows, underscoring institutional demand for alternative crypto exposure.
Stablecoins and Bitcoin collectively commanded over 70% of market dominance, with Bitcoin Dominance (BTC.D) reaching 63.5%, signaling continued preference for digital gold and low‑volatility assets.
Selective altcoins such as Fartcoin and POL recorded double‑digit gains, showcasing renewed risk appetite among traders seeking high‑return opportunities.
Technical Outlook
Bitcoin traded as low as $88,447 and surged past $90,800, establishing near‑term support around $88,800 and resistance at $91,000.
Ethereum’s high of $1,730 and strong close at $1,690 underscore bullish momentum, with potential upside toward $1,750 in coming sessions.
Conclusion
Investors should monitor upcoming Fed remarks, Coinbase earnings on May 8, and regulatory updates for directional cues, while maintaining disciplined risk management amid volatile conditions.
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