Weekly Crypto Market Wrap April 14-20, 2025
Last week brought a much-needed breather to the crypto market. Bitcoin traded sideways before making a move upward over the weekend, and altcoins followed suit. While there’s still a long way to go before prices return to previous highs, green charts are definitely easier on the eyes. Here’s a look at the week’s biggest developments:
Coinbase Declares the Start of a “Crypto Winter”. In its latest report, Coinbase warned of a potential new crypto winter, citing falling trading volumes and declining user activity. The exchange suggests we may be entering a prolonged period of stagnation for the digital asset market.
Public Miners Sold 40% of Their BTC in March. Faced with rising tariffs and operational costs, public mining companies offloaded 40% of their mined BTC last month — the highest percentage sold since October 2024.
Panama Approves Crypto Tax Payments. Panama’s city council passed a bill allowing residents to pay taxes and government fees using crypto, including BTC, ETH, USDC, and USDT. The country takes another step toward mainstream digital asset adoption.
sUSD Stablecoin Loses Peg, Drops to $0.66. The synthetic stablecoin sUSD temporarily fell as low as $0.66 last week, causing panic among holders. Although the peg has partially recovered, the event highlighted ongoing risks tied to algorithmic stablecoins.
Strategy Buys 3,459 BTC for $285M. Michael Saylor’s Strategy continues stacking sats — this time purchasing 3,459 BTC to add to its growing treasury. The company now holds 531,644 BTC, reinforcing its commitment to Bitcoin as a core institutional asset.
Only 3 of 27 Binance-Listed Tokens in 2025 Are Profitable. A recent analysis shows that just 3 out of 27 tokens listed on Binance this year are currently in the green.
Trump Considers Firing Fed Chair Jerome Powell. President Trump is reportedly considering the removal of Jerome Powell as head of the Federal Reserve, expressing dissatisfaction with current monetary policy. The news sparked debate over the Fed’s independence and triggered volatility in the U.S. dollar.
China’s Economy Grows 5.4% in Q1. Despite global headwinds, China’s economy beat expectations with 5.4% GDP growth in the first quarter of 2025 — signaling strength in its recovery and resilience to external shocks.
Trump Sued Over Tariffs by Trade Advocates. President Trump faces a new lawsuit over his recent tariff policy, which could test the limits of executive power in international trade and potentially disrupt U.S. relationships with key partners.
SEC and Ripple Granted Appeal Extension. The long-running legal battle between Ripple and the SEC has been delayed again. The court approved a joint request to extend the appeal deadline, potentially pushing a final resolution on XRP further down the road.
Upcoming major token unlocks:
MRS: $128.00M
VENOM: $8.30M (2.8%)
MURA: $4.14M (0.1%)
EIGEN: $1.12M (0.53%)
MOCA: $187.95K (0.10%)
OM: $134.41K (0.03%)
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
