Bitcoin Reaches $87k: Market Update for April 21, 2025

On April 21, 2025, Bitcoin rose to $87,000, with major altcoins like ETH, XRP, and LINK increasing by over 3%. Bitcoin has maintained a price near $85,000 for two weeks but surged recently, prompting analysts to predict it could surpass $90,000. Enjin Coin leads today’s gainers at +66%, while DeXe is the largest loser at -8%. The global market cap is currently $2.74 trillion.

As of April 21, 2025, Bitcoin has reclaimed a price of $87,000, marking an approximate 4% increase and initiating a positive trend across the cryptocurrency market. Major altcoins such as Ethereum (ETH), XRP, and Chainlink (LINK) have each risen by over 3% in the past day.

Bitcoin has fluctuated around $85,000 for the last two weeks, facing resistance to its upward movement. This latest rise to $87,000 has renewed bullish expectations, with many analysts forecasting a possible breakthrough above $90,000 ahead of Monday’s weekly opening.

Currently, Bitcoin’s price is approximately $86,900 with a daily trading volume of $27.4 billion. Over the last 24 hours, Bitcoin has increased by 3.41%, witnessing a low of $84,028 and peaking at $87,666.

Ethereum has also seen a notable rise of 3.46%, now trading at $1,629, while XRP mirrors this trend with a 3.38% increase to $2.21. Other cryptocurrencies, including Chainlink (LINK) and Cardano (ADA), have experienced significant upward movements as well. Dogecoin (DOGE) stands out as the top gainer among the top ten assets, boasting a rise of 5.22% in the same timeframe.

Enjin Coin leads the day’s top gainers with an astonishing gain of 66%, closely followed by Convex Finance (CVX), which rose by 22%. Conversely, on the losers’ end, DeXe (DEXE) has declined by 8%, while MANTRA (OM) has seen a reduction of 7%.

Trending cryptocurrencies today include Enjin Coin (ENJ), Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), and Sui (SUI). The global cryptocurrency market cap stands at approximately $2.74 trillion with a 24-hour trading volume of $67.54 billion.