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Why is the Crypto Marketing Pumping Today?

by Sham
April 8, 2025
in Bitcoin, Crypto, Dogecoin, Opinion, Ripple XRP, Solana
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Why is the Crypto Marketing Pumping Today?
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  • Bitcoin rebounded to $80K after dipping below $75K over the weekend, gaining 4.14% in 24 hours.
  • Altcoins like SOL, DOGE, and XRP surged, with Fartcoin leading the gains at +24%.
  • The global crypto market cap hit $2.51 trillion amid high volatility and mixed altcoin performance.

After a rough weekend dip that dragged Bitcoin below the $75K mark, the crypto market is finally breathing a little easier. BTC has clawed its way back to $80K, riding a wave of volatility that’s seen altcoins sprint forward with some impressive 24-hour gains.

JUST IN: Over $180,000,000,000 has been added to the crypto market in the last day 🚀

Are we back?

• $ETH: +1.9%
• $BTC: +2.5%
• $SOL: +4.0%
• $XRP: +4.5%
• $DOGE: +5.7%
• $ADA: +8.3% pic.twitter.com/nhj4ggqgzG

— BlockNews (@blocknewsdotcom) April 8, 2025

Bitcoin Rebounds Amid False Tariff Rumors

Just a few days ago, Bitcoin was scraping the bottom near $74,400, struggling to find footing. But after a spike yesterday—fueled by (ultimately false) rumors of a pause on Trump’s aggressive tariff rollout—the price surged to a high of $81,120 before cooling off again. Right now, BTC is hovering around $79,710, up 4.14% on the day. But zoom out a little, and it’s still down over 5% for the week. So yeah, still choppy waters.

Altcoins Join the Party

Ethereum (ETH), which got hit hard in the recent slide, has bounced back too—currently up more than 6%, trading near $1,578. Solana (SOL) and Dogecoin (DOGE) are having a moment as well, each up over 11% in the last 24 hours. XRP and ADA aren’t far behind, both posting solid 9% gains.

And the memecoin madness? Oh, it’s alive and well. Fartcoin is, oddly enough, today’s top performer—jumping 24% and leading a pack of other low- and mid-cap gainers like CORE (+22%), ZEC (+21%), and JASMY (+18%).

Mixed Bag for Altcoin Traders

While some projects are riding high, others are dragging. SPX, ELF, and BERA are all down 9%, with LAYER and FORM slipping as well. It’s a typical day in crypto—some coins moon, others crater.

Bitcoin Btc Price Chart

By the Numbers

  • Global Market Cap: $2.51 trillion
  • 24h Trading Volume: $149.98 billion
  • Top Trending Tokens: DOGE, HBAR, SUI, DEXE, and yep… FARTCOIN

The sentiment on the ground? Still jittery. But if this mini-rally holds, we might be in for a recovery week. Maybe.

Tags: Bitcoincryptoethereumtariffvolatility
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