Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) Rallied, Then Fell as Uncertainty Over President Trump's Tariffs Returned

The first week of April 2025 was a roller coaster ride for the crypto market. Prices spiked, plummeted, and then recovered before tensions over news of President Trump’s tariffs returned.

The first week of April 2025 saw a roller coaster ride in the crypto market as prices spiked, plummeted, and then recovered from tensions over news of President Trump’s tariffs. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) rallied, then fell as uncertainty set in.

However, towards the end of the week, the market sentiment reversed. BTC stabilized above $83,100 (1.39 billion IDR), ETH touched $1,800 (30.1 million IDR) again, while SOL, XRP, and Cardano (ADA) rose more than 2% each.

There are signals that the crypto market may be forming a new bottom. Some analysts believe this is the ideal moment for the next rally, and institutional investors seem to be quietly entering the market. So, which altcoins are poised to lead this big wave?

Bitcoin (BTC): Toward $1 Million?

Many analysts remain optimistic about Bitcoin (BTC) despite being affected by Trump’s tariff plans and market volatility.

The Altcoin Daily platform noted that the BTC network recorded the highest hash rate in history, indicating that the network’s strength remains solid. Rumors are circulating that the US government is secretly accumulating up to one million BTC as a strategic reserve.

Matt Hougan, Bitwise’s CIO, predicted that Bitcoin’s price could reach $1 million (16.72 billion IDR) before 2029. With institutional adoption on the rise, additional spot ETF opportunities, and Bitcoin’s role starting to rival gold as a hedging asset, BTC remains the backbone of the crypto world.

Also read: Arthur Hayes Predicts Bitcoin (BTC) Could Reach $250,000 by the End of 2025, Here’s His Analysis!

Ethereum (ETH): Benefiting from Regulation and Financial Adoption

Ethereum (ETH) is predicted to get a major boost if stablecoins and decentralized finance (DeFi) regulations become clearer. This will strengthen its role in the blockchain-based financial applications sector.

Institutional interest in Ethereum is also rising, cementing its position as a leading smart contract platform.

With ongoing technological upgrades and increasing integration with traditional finance, ETH is considered the most poised altcoin to take off in the medium term. Many analysts see Ethereum as the backbone for the rapidly growing crypto ecosystem.

Solana (SOL): Bullish with PayPal and ETFs?

Solana (SOL) became a rising star after it was announced that PayPal now supports transactions with SOL. This move is a positive catalyst for mainstream adoption, as PayPal is one of the largest payment platforms in the world. In addition, rumors of a Solana ETF launch further strengthened its appeal in the eyes of investors.

Solana is known for its speed and low transaction fees, making it a favorite in Web3 and NFT application development. Its institutional backing and technical performance make SOL one of the month’s altcoins in the spotlight.

Also read: 7-Eleven Korea Accepts CBDC Payments, Trial Period Starts on April 1 – June 30, 2025!

Chainlink (LINK): The Bridge of Traditional and DeFi Worlds

Chainlink (LINK) continues strengthening its role in connecting real-world data into the DeFi and blockchain ecosystems. Major financial institutions are now using Chainlink’s proprietary oracle technology to ensure off-chain data can be used securely on the blockchain.

Chainlink also plays an important role in real-world asset tokenization. With increasing adoption in the traditional financial sector, LINK is becoming one of the cryptocurrencies with increasingly high utility value.

Ripple (XRP) and Cardano (ADA): Backed by Large Institutions

Ripple (XRP) has received further support after being added to Grayscale Large Cap Fund’s portfolio, indicating that large institutions are starting to put their faith in it. Ripple’s partnership with a number of major banks also strengthens XRP’s fundamentals.

Meanwhile, Cardano (ADA) remains focused on scalability and decentralization. With high developer activity and a strong community base, ADA remains a key altcoin that the crypto market continues to watch.

Read also: National Cryptocurrency Association Survey: 21% of US Citizens Now Use Crypto!

BNB, SUI, INJ, and DOT

Binance Coin (BNB) received a big boost after VanEck listed the first BNB ETF in the US, although Binance still faces regulatory challenges. On the other hand, Sui is emerging as a serious competitor to Ethereum and Solana with support from major investors.

Injective strengthens its position in the DeFi sector with cross-chain decentralized trading features.

Finally, Polkadot (DOT) continues to focus on interoperability between blockchains, consistently expanding its ecosystem.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.