Crypto Market Today: Bitcoin Slips, XRP Faces Pressure, and DeFi Hacks Surge – April 30, 2025
Published on April 30, 2025 by Siduuhappy.com
Bitcoin Shows Slight Decline
The cryptocurrency market experienced mild turbulence today as Bitcoin (BTC) dropped by 0.16%, trading around $94,783. The overall crypto market capitalization slipped to $2.97 trillion, signaling cautious investor sentiment after a period of strong growth.
DeFi Suffers $92 Million in Hacks
The decentralized finance sector continues to be a target for hackers, with over $92 million lost in April 2025 alone—a 124% increase compared to March. The surge in attacks has reignited debates around DeFi security and smart contract auditing.
XRP Could Fall 30%, Analyst Warns
Crypto analyst predictions indicate that XRP may see a significant drop, potentially falling to $1.55—a 30% decrease. Technical indicators such as bearish divergence and a weakening RSI suggest that selling pressure is building.
New Bitcoin ETFs Debut in Canada
In positive news, Harvest Portfolios Group Inc. has launched new Bitcoin ETFs on the Cboe Canada Exchange. These funds offer traditional investors easier access to crypto without needing to hold digital assets directly.
