Flipster Crypto Weekly (April 25)

Flipster Crypto Weekly (April 25)

April 25, 2025

Crypto markets shifted back to a risk-on mood this week, with Bitcoin surging above $90,000 for the first time since March, after President Donald Trump indicated that he might substantially reduce tariffs on Chinese imports if a new trade deal is reached. This marked a reversal of his earlier tough stance, sparking optimism for de-escalation in U.S.–China tensions. Global markets welcomed this change and rallied on hopes for improved trade relations.

Further boosting sentiment, Trump clarified that he has “no intention” of removing Federal Reserve Chair Jerome Powell, which eased fears of political interference in U.S. monetary policy and reassured investors about stability in interest rate strategy. The combination of softer trade rhetoric and signals of monetary policy continuity fueled a renewed appetite for risk assets, helping crypto markets benefit from a more favorable macroeconomic environment as the week progressed. 

Bitcoin (BTC)

Weekly performance: +9.82%

Year-to-date (YTD) performance: -0.3%

Bitcoin (BTC) closed above $90,000 for the first time in two months, breaking above all key moving averages (MAs) in the process. As of this writing, BTC is up more than 9% for the week. It would mark the strongest weekly close since last November if it holds this level. The key levels to watch are $91,000 and $106,000—the boundaries of the trading range BTC occupied during December and January.

Ethereum (ETH)

Weekly performance: +11.52%

Year-to-date (YTD) performance: -47.09%

Ethereum (ETH) has broken above key resistance at the 10 and 21 MAs and is now approaching overhead resistance at the 50 MA. This is the first time ETH has sustained a break above the 10- and 21-day MAs since early January, when the current downtrend began.

Solana (SOL)

Weekly performance: +12.23%

Year-to-date (YTD) performance: -20.06%

Solana (SOL) held above the 50 MA—a key level highlighted in last week’s Crypto Weekly—and has since gained over 14% after breaking above it. It also broke and closed above the $148 resistance level. If SOL can continue to hold above this level, further upside potential may be on the cards.

Ai16z (AI16Z)

Ai16z (AI16Z) has surged more than 40% this week, making it one of the top-performing AI-related tokens in the market. The token is currently trading above all key short- and intermediate-term MAs, signaling strong bullish momentum. The next major overhead resistance to watch is the $0.279 level, which could act as a barrier in the near term. A decisive break above this level may open the door for continued upside. Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.