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Bukele to meet Trump amid El Salvador’s $1.4B IMF deal tied to Bitcoin constraints. Trump’s potential pro-Bitcoin stance could shift global crypto politics. BTC nears $85K after breaking downtrend, showing strength amid macro volatility.
Quick Take The OM token plunge has seen over $71.8 million in liquidations over the past 24 hours. The project’s co-founder disclosed that the price movements were caused by “reckless forced closures” initiated by centralized exchanges on OM account holders.
The total crypto market cap chart has formed a bullish falling wedge pattern. The analyst also highlighted a bullish divergence on the altcoin market cap chart. The last time such a setup was seen, a massive altcoin rally was seen in 2020.
Solana’s price has grown by more than 10% over the past week while ether’s has fallen by a similar proportion, leading the SOL/ETH price ratio to a new all-time high at daily close. The ratio of ETH to BTC has also fallen to its lowest value since early 2020. Ethereum co-founder Vitalik Buterin hinted on X that future hard fork upgrades to the blockchain network could come faster following the upcoming Pectra upgrade set for early May.
XRP is back above $2 after a 22% rally, with technicals hinting at more gains. Key resistance at $2.23 could pave the way to $2.50.
Despite growing rumors, SWIFT has not confirmed any plans to integrate Ripple's XRP. Speculation about the partnership largely stems from misunderstanding pilot programs and ISO 20022 compliance, with no substantial evidence backing the claims.
Ethereum leads all blockchains in developer activity, confirming strong network fundamentals amid price consolidation. ETH trades above multi-year resistance with $4,811 and $8,557 as valid targets based on long-term breakout structures. A symmetrical triangle on the hourly chart signals a potential 17% move, with $1,665 as the key breakout resistance level.
- 03:11BlackRock IBIT Continues 9 Days of Inflows, Increases BTC Holdings by $1.6 BillionAccording to Jinse, The ETF Store President Nate Geraci revealed data on platform X showing that BlackRock IBIT has experienced 9 consecutive days of inflows, increasing its BTC holdings by $1.6 billion. Official data shows that IBIT's current total Bitcoin holdings have reached 586,164.3086 BTC, with a market value hitting $54,659,645,928.78.
- 03:11Data: Circulation of USDC increased by approximately 12 billion in the past 7 daysPANews April 26 report: According to official data, within the 7 days ending April 24, Circle issued approximately 37 billion USDC and redeemed about 25 billion USDC, resulting in an increase in circulation of around 12 billion. The total USDC circulation is 62 billion, with reserves of approximately 62.3 billion USD, including about 7.9 billion USD in cash and approximately 54.4 billion USD held by the Circle Reserve Fund.
- 02:20The net inflow of spot Ethereum ETFs in the United States was $1.0456 yesterdayJinse reported, citing monitoring by Trader T, that the net inflow of spot Ethereum ETFs in the United States was $1.0456 yesterday.