In the early hours of April 12, 2025, at precisely 05:08:51 UTC, the world of cryptocurrency stirred from its slumber, much like a bear awakening from a long winter’s nap, albeit with a touch more excitement and a lot less honey.
The Crypto Market Experiences a Modest Ascension of 2.65% as the SEC Ponders Licensing Reforms
Today, the crypto market has risen by a modest 2.65%, reaching a staggering $2.63 trillion. This rise, akin to a timid child taking its first steps, comes as the SEC convenes a roundtable to discuss the noble pursuit of unified licensing and regulatory clarity. Yet, in a twist of fate that would make even the most seasoned investor chuckle, the intraday trade volumes have plummeted by 14.97%, settling at a mere $87.26 billion.
As we delve into the realm of the top cryptocurrencies, we find that Bitcoin (BTC) has ascended by 3.48%, now valued at $83,389.84. Ethereum (ETH), in a display of enthusiasm, has soared by 1.59% to $1,568.62, while XRP has surged by 1.74%, reaching the lofty height of 2.03. Yet, despite these promising figures, the much-anticipated altcoin season remains as elusive as a mirage in the desert, with CoinMarketCap’s metric languishing at a disheartening 17 out of 100.
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2025-04-12 08:36