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Despite briefly crossing the $30,000 mark today, bitcoin has fallen back, with its current valuation at $29,848.03. The overall fluctuation in price has been minimal since yesterday, with a slight 0.56% decline over the last 24 hours.
Ethereum's ether isn't faring much better, trading at $1,765.38, which translates to a loss of 3.36%. Other cryptocurrencies like Binance’s BNB and XRP have also dipped slightly, losing 1.21% and 0.78% respectively. Notably, BNB has regained a higher market cap than Cardano’s ADA, which has seen a decline of 3.39%. Meanwhile, the price of Solana SOL has dropped by an additional 4.50%. In contrast, some gains have been noted, with Internet Computer ICP rising by 5.59%, Bitcoin SV up by 3.72%, and Stellar XLM increasing by 1.70%.
On the other hand, several cryptocurrencies linked to the metaverse are also seeing red. Flow has dropped by 3.52%, Decentraland's MANA by 0.48%, ApeCoin APE by 2.84%, Tezos by 0.74%, The Sandbox’s SAND by 3.25%, and Axie Infinity’s AXS by 1.93%. While the declines aren’t as severe as those from the previous day, it’s evident that the bear market remains in play.
However, it's important to note that not all metaverse cryptocurrencies are struggling. The LABEL Foundation LBL has surged by 15.82%, Boson Protocol BOSON by 6.66%, Gem Exchange and Trading by 5.23%, and Origin Protocol OGN by 5.16%.
Interestingly, despite many cryptocurrencies experiencing losses, the Metaverse Index MVI has actually increased in value, up by 1.22%.
Read More
- Cryptocurrencylistings Markets: Bitcoin sinks below the $30,000 threshold
- Cryptocurrencylistings Markets: The volatility of cryptocurrency persists
- Cryptocurrencylistings Markets: Bitcoin's downward trend continues
Alisa Davidson
April 25, 2025 News Report , please be advised that the information available on this page is not meant to be, and should not be construed as, legal, tax, investment, financial, or any other type of guidance. It's crucial to only invest what you're prepared to lose, and seek independent financial advice if you're unsure. For additional insights, we recommend checking out the terms and conditions as well as the help and support sections provided by the issuer or advertiser. MetaversePost endeavors to deliver accurate and unbiased reporting, but please be aware that market conditions can change rapidly.
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Karolina is a talented writer and journalist with a background in literary studies. She is passionate about innovative technology and art, often finding that NFTs beautifully blend both worlds. Beyond her professional life, she enjoys nurturing plants, exploring vintage fashion, and indulging in gaming.
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