Why is the crypto market on the rise today, 04/22/2025?

The total value of the Crypto Market (TotalCAP) and Bitcoin (BTC) closed in green today (22), with the improvement of the larger indicators.

While US President Donald Trump signaled the possible resignation of Federal Reserve President Jerome Powell, the stock market and the US dollar reached a minimum in 3 years while cryptocurrencies thrive. Amid this chaos, Fartcoin (Fartcoin) took control and emerged as Altcoin with the best performance with a 13%increase.

In today’s news (22):

  • A Pine Analytics report reveals that Pump.fun tokens users have financed snipers to buy their own memecoins, affecting over 15,000 releases. These portfolios, active during negotiating time in the US, used profitable strategies and easily adapted to contracted, with the activity of bots making it difficult to detect.
  • Coinbase is listing the Reserve Rights (RSR), a stablecoin platform with a guarantee -based ecosystem. Binance traders are increasing their positions purchased from Altcoin, with potentially betting on the benefits of the previous position of consulting office of the new president of the US Securities Commission (SEC), Paul Atkins, in the project.

The crypto market remains green

The total value of the crypto market has increased by $ 62 billion in the last 24 hours, reaching US $ 2.71 trillion. This growth brings the totalcap closer to the breach of resistance level of US $ 2.74 trillion, reflecting the good time, despite the challenges of the financial market.

With the US stock market and the dollar facing low conditions, the crypto market continues to register gains. The favorable environment can lead Totalcap to break the resistance of $ 2.85 trillion in the coming days, preparing the scenario for greater growth and increased investor confidence.

Total Price Analysis
Price Analysis Total CryptoCap Market. Source: Tradingview

However, if Totalcap cannot break the resistance of $ 2.74 trillion, the crypto market may be retraction. In this case, the total value of the cryptocurrency market may drop to US $ 2.67 trillion or even fall even more to US $ 2.61 trillion, delaying recovery.

Bitcoin is still on the rise

The price of Bitcoin is performing good performance today (22), being negotiated at $ 88,241, after a 3.59% increase in the last 24 hours. Cryptocurrency is working to secure US $ 86,822 as a support, a crucial level to help support your impulse and avoid any short -term price drop.

Ensure US $ 86,822 as support would boost Bitcoin to $ 89,800, marking a monthly maximum and bringing the asset closer to the barrier of $ 90,000. This price movement would reaffirm optimism among investors and could boost even more gains for the king of cryptocurrencies in the coming days.

BTC price analysis
BTC price analysis. Source: Tradingview

On the other hand, if Momentum weakens or investors start selling, Bitcoin can retreat to $ 86,822. The inability to maintain this level can invalidate the optimistic perspective and potentially push the price to $ 85,204, causing a reversal in recent gains.

FartCoin takes on first place

The price of Fartcoin has risen 12% in the last 24 hours, being negotiated at $ 1.00, marking the maximum in 3 months. This rise helped Memecoin break the $ 1.00 barrier, signaling the potential for new gains if they can keep up and support this new price level.

In addition, guaranteeing US $ 1.00 as support can boost the asset to $ 1.20, supporting potential recovery for investors. However, staying above this level will be crucial to the continuous rise of the meme currency, providing the necessary basis for an additional high movement and greater confidence in the market.

Fartcoin price analysis.
Fartcoin price analysis. Source: Tradingview

However, if Fartcoin does not keep at $ 1.00 and fall below that level, it may fall to $ 0.80, nullifying recent gains. Such a drop would invalidate the current optimistic perspective and delay any potential Altcoin price recovery.

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