Bitcoin Surpasses $88,000 What’s Behind the Surge and Kaspa

Bitcoin price surge

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Bitcoin Price Surpasses. By April 22, 2025, the cryptocurrency market is expected to undergo notable changes.  Leading cryptocurrency Bitcoin (BTC) has broken new ground, having surpassed the $88,000 level.  At nearly $88,466, Bitcoin’s price is up by over 1% from its closing value yesterday. With a low of $86,639 and an intraday high of $88,542, Bitcoin exhibited a busy market, characterized by consistently increasing momentum throughout the day. Several factors can help explain this recent surge: the ongoing institutional acceptance of Bitcoin, increasing governmental support, and the impact of the recent Bitcoin halving event.

Bitcoin’s Price Surge Explained

The price of Bitcoin has risen, thanks in significant part to institutional acceptance. Significant institutional investments, made possible by the acceptance of U.S. Early 2024 spot Bitcoin Price Surpasses exchange-traded funds (ETFs), have generated a notable influx of money into the Bitcoin market. These ETFs had attracted over $10 billion in investments by March 2025, thereby reinforcing Bitcoin’s status as a mainstream asset class. Moreover, the regulatory landscape has shifted to favor more crypto-friendly rules. The pro-crypto stance of the U.S. government, including the consideration of a Bitcoin reserve, has instilled additional confidence in investors, making Bitcoin an attractive hedge against inflation and geopolitical concerns.

The 2024 halving event is another key factor influencing the price increase of Bitcoin. By cutting the block reward for miners, the halving essentially slowed down the generation rate of fresh Bitcoins. Historically, the drop in supply of such occurrences has resulted in a price increase. Consequently, the price of Bitcoin has been steadily rising; some analysts estimate that by the end of 2025, it may range from $100,000 to $250,000.

Kaspa (KAS): A Rising Altcoin

Apart from Bitcoin, another remarkable player in the modern market is Kaspa (KAS), which ranks first among all the cryptocurrencies. At $0.0899, Kaspa shows a significant rise over the past 24 hours. Kaspa’s intraday high was $0.0903; his low was $0.0819. Attracting interest from investors seeking high-growth prospects, this surge has positioned Kaspa as one of the most intriguing altcoins available on the market today. The scalability and speed of Kaspa’s original consensus mechanism—the GHOSTDAG protocol—have attracted attention from the Bitcoin community. Kaspa’s latest performance could indicate a bright future for this altcoin as more investors search to diversify their portfolios.

Cryptocurrency Hope and Risk

Considering the broader cryptocurrency scene, one feels hopeful as digital currencies continue to gain popularity. From supply chain management to banking, the increasing adoption of blockchain technology across various fields is driving further industry expansion. Furthermore, extending the use cases for cryptocurrencies and offering fresh chances for investors are distributed finance (DeFi) platforms and non-fungible tokens (NFTs).

Experts warn, nonetheless, that the bitcoin market remains erratic, even with a favorable attitude. Unexpected price swings could result from regulatory obstacles, possible security concerns, and market speculation. Investors should exercise caution and conduct thorough research before making an investment decision. Although the future of Bitcoin and other cryptocurrencies, such as Kaspa, seems bright, the erratic nature of the market implies that investors should be prepared for both highs and lows.

Finally

The cryptocurrency market on April 22, 2025, is seeing interesting changes, with Bitcoin rising above $88,000 and Kaspa leading the top gainers. These movements reflect the growing institutional acceptance and advancements in industry technologies. As the market evolves, it is evident that cryptocurrencies remain crucial in their transformation. The global financial landscape, however, investors must be aware of the inherent risks associated with such investments.

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Ali Malik

Ali Malik is an experienced crypto writer specialising in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, Web3, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions. He is proficient in SEO optimisation.

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Ethereum Surge Attracts Big Investors Amid $2,200 Breakout

Ethereum Surge Attracts

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Ethereum Surge Attracts With a 16% price increase that drove Ethereum (ETH) past the crucial $2,200 mark, the altcoin has made a spectacular comeback in the past 24 hours. Not only has this explosive surge, which traders refer to as a “god-candle,” energised the retail market, but it has also revived primary institutional interest. Among the main participants spearheading the movement is World Liberty Financial, a distributed finance (DeFi) project connected to Donald Trump that lately added 1,587 ETH to its portfolio, worth almost $3.5 million.

Ethereum Surge Attracts Big Investors

With its quick comeback from sub-$1,800 levels attracting interest from heavyweight investors, Ethereum’s price action has defied bearish trends dominated early 2024. As Ethereum started its positive reversal, a wallet connected to World Liberty Financial completed a significant ETH acquisition, claims Arkham Intelligence. The project’s leadership, especially Eric Trump, has openly shown a great optimistic view on Ethereum’s long-term viability and expansion possibilities.

This fresh confidence is not isolated. Over the previous 24 hours alone, well-known worldwide investment company Abraxas Capital pulled 49,644 ETH—about $92 million—from top-tier cryptocurrency exchanges, including Binance and Kraken. This implies a strategic orientation in expectation of an additional Ethereum surge.

Complementing the optimistic view, the Ethereum Foundation recently revealed intentions to fund ecosystem development for Q1 2025 with $32 million. The money will help Layer 2 rollups, Ethereum’s scalability projects, and decentralised application (dApp) innovation.

ETH Eyes Bullish Momentum

ETH Eyes Bullish Momentum

Technically, Ethereum has overcome a notable degree of barriers. According to Coinglass, ETH’s daily trading volume has surged 125% to over $38 billion while futures open interest shot 16% to $26.31 billion. The derivatives market has also seen high volatility with 24-hour liquidations exceeding $283 million, of which $235 million were short positions, indicating bearish traders being forced out of the market.

On-chain researcher Ali Martinez pointed out $2,380 as a crucial resistance level and called it a “supply wall.” Should Ethereum surpass this level, the altcoin might pick up more speed and indicate the start of a protracted bull run.

Concurrently, esteemed cryptocurrency trader Rekt Capital reported that Ethereum’s hegemony over the larger crypto market was starting to follow historical trends, especially a structure last seen in September 2019. The analysis suggests Ethereum could enter a new price channel between $2,200 and $3,900.

Ethereum Rises on Trade Deal Hopes

Beyond the crypto market, geopolitical and economic shifts also play a role. As reported by CoinGape, the recently announced UK-US trade agreement has unlocked an estimated $1.8 billion in institutional demand for Ethereum. Analysts suggest that this agreement may foster favourable regulatory conditions and open new pathways for cross-border blockchain innovation, thereby strengthening Ethereum’s narrative as a global financial infrastructure layer.

This makes World Liberty Financial’s recent accumulation all the more timely. As macroeconomic alignment increases with blockchain-based financial infrastructure, Ethereum’s value proposition as a programmable, decentralised settlement layer becomes even more enticing.

Future Outlook

While Ethereum’s 16% daily gain is impressive, the main question is whether this momentum is sustainable. Much will rely on how the network scales, the success of Layer 2 integrations such as Arbitrum and Optimism, and Ethereum’s continued supremacy in decentralised banking, NFTS, and enterprise adoption through tools like MetaMask and Infura.

With institutional inflows rising and market structure turning in Ethereum’s favour, the following resistance levels to watch are $2,380 and $2,650. If cleared with significant volume and confidence, ETH may start a prolonged accumulation-to-expansion phase akin to its 2020-2021 cycle.

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