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Crypto Market Overview: Bitcoin Sideways, Solana Surges On April 17, 2025

On April 17, 2025, Bitcoin showed minimal price movement, trading sideways around $84,367, reflecting market dullness post-tariff disputes. In contrast, Solana (SOL) gained 6% while others like ETH and XRP remained stagnant. Top gainers include NEM and HYPE, while ORCA leads losses. The overall market cap is $2.66 trillion, with a trading volume of $74.42 billion.

On April 17, 2025, the cryptocurrency market has exhibited a notable lack of movement, particularly with Bitcoin trading sideways. Investors have not observed any significant price changes among major crypto assets, attributed to minimal news impacting the market. Despite this, Solana (SOL) stands out, rising by 6%, due to increased investor interest.

The previous week saw Bitcoin’s activity dwindle, following the aftermath of significant market volatility from recent tariff disputes. Currently, Bitcoin is valued at approximately $84,367, fluctuating between a high of $85,324 and a low of $83,314. Technical indicators suggest Bitcoin is consolidating between the $83k and $85k thresholds, indicating anticipation for a potential breakout.

Other leading cryptocurrencies such as Ethereum (ETH), XRP, BNB, and Tron (TRX) have similarly experienced sideways trading, with all struggling to surpass critical resistance levels. In contrast, Solana (SOL) has surged by 5.47% in the last 24 hours, reaching $133—a resistance point it faced multiple times this week. ETH is now priced around $1,590, whilst XRP hovers near $2.10, both aiming for upward momentum.

The top-performing cryptocurrencies today include NEM (XEM), up 13%, followed by Onyxcoin (XCN) and Hyperliquid (HYPE), both up 10%. On the downturn, Orca’s ORCA token leads with a decline of 12%.

Today’s trending cryptocurrencies are:
– SOL (Solana)
– ETH (Ethereum)
– AERGO (Aergo)
– TRX (Tron)
– HYPE (Hyperliquid)

In summary, the highest gainers include:
– NEM (XEM): +13%
– XCN (Onyxcoin): +10%
– HYPE (Hyperliquid): +10%
– RENDER (Render): +9%
– TFUEL (Theta Fuel): +7%

Conversely, the biggest losers are as follows:
– ORCA (Orca): -12%
– ACH (Alchemy Pay): -11%
– OM (MANTRA): -10%
– MOVE (Movement): -10%
– GAS (Gas): -8%

According to data from Coinmarketcap, the global cryptocurrency market capitalisation is estimated to be $2.66 trillion, with a trading volume of $74.42 billion over the last 24 hours.

Nikita Petrov is a well-respected foreign correspondent revered for his insightful coverage of Eastern European affairs. Originally from Moscow, he pursued his education in political science at the University of St. Petersburg before transitioning into journalism. Over the past 14 years, Nikita has provided in-depth reports and analyses from multiple countries, earning a reputation for his nuanced understanding of complex geopolitical issues.

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