Crypto Daybook Americas: BTC Price Holds Steady, ALPACA, HOUSE Provide the Thrills
On April 30, 2025, cryptocurrency markets saw a slight decline, with Bitcoin priced around $95,000 but set to rise 15% for April, the highest gains since November. Market sentiment is wavering due to the impact of President Trump's tariffs, despite optimism for Federal Reserve interest rate cuts. Major corporations reported challenges that could further damage market confidence. Bitcoin is increasingly perceived as a hedge against economic instability, with significant inflows into spot Bitcoin ETFs. Notably, Alpaca Finance (ALPACA) experienced a 2,500% price surge due to a short squeeze following a delisting by Binance, hitting a multiyear high. In contrast, memecoin Housecoin (HOUSE) gained popularity due to its satirical take on real estate, celebrating a significant rise in market cap despite its lack of inherent value. Market analysis indicates various cryptocurrencies and stocks respond diversely to the current economic climate, reflecting a complex interplay between risk and opportunity in the crypto space.
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