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Nikita Petrov
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Crypto Market Update: XRP Drops 2.5% Amid ETF Delay, FLOKI Gains 12%
On April 30, 2025, the crypto market saw Bitcoin and Ethereum remain mostly steady. However, XRP dipped 2.5% due to ETF news. FLOKI spiked 12%, while VIRTUAL fell 10%. Combined ETF inflows for Bitcoin and Ethereum totaled $192.14 million today, while the global market cap is approximately $2.97 trillion.
The cryptocurrency market had a pretty uneventful day on April 30, 2025, with major coins, including Bitcoin, showing little movement from their daily opening prices. Bitcoin has been trading in the same zone lately, even dipping to around $93,821, before bouncing back up nearer to $95K. XRP, however, took a hit and fell by 2.5% after the SEC announced a delay in deciding on the approval of Franklin Templeton’s spot XRP ETF.
Meanwhile, Ethereum hasn’t fared much better, down 1.5% to about $1,810, while other significant cryptocurrencies like BNB and Solana (SOL) seem to be stuck in a pattern of minimal fluctuations. In a slight twist, the meme token FLOKI has surged 12% over the past 24 hours, a notable exception in an otherwise quiet market day.
The VIRTUAL token from Virtual Protocol has suffered a notable drop of 10%, leading the daily loss chart. Right behind it, the PENGU token dropped 9%. Also struggling today are WAL, TRUMP, WLD, ONDO and THETA, each slipping by almost 5%. \n
Despite the sluggish performance of several altcoins, Bitcoin and Ethereum’s spot ETFs have collectively enjoyed positive inflows, with Bitcoin attracting about $172.78 million and Ethereum bringing in $18.4 million, totalling $192.14 million across both.
In terms of trending cryptocurrencies today, Alpaca Finance (ALPACA), Pundi X (PUNDIX), LooksRare (LOOKS), Drift (DRIFT), and Biswap (BSW) seem to be catching the attention of traders.
In other market dynamics, FLOKI leads the daily gainers, followed by Mantle (MNT) and JasmyCoin (JASMY) both showing modest increases of 2%. On the downside, Virtual Protocol’s VIRTUAL is the top loser, trailing closely by PENGU.
According to data from CoinMarketCap, the total global crypto market cap stands at approximately $2.97 trillion as of today, with a 24-hour trading volume of around $71.7 billion. Keep an eye out as market conditions can change rapidly, leaving investors on their toes.
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