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Crypto Heats Up : Bitcoin Targets $120K, XRP Soars, and Monero Shocks the Market
- Stellar Forge Mining
- Apr 28
- 2 min read
As of April 28, 2025, the cryptocurrency market is experiencing a notable upswing, with Bitcoin (BTC) trading around $93,639, reflecting a modest daily increase. Analysts from Standard Chartered project that Bitcoin could reach $120,000 in the second quarter, citing factors such as increased institutional investment, favorable macroeconomic conditions, and growing investor confidence. (Monero's XMR Rockets 40% as XRP Leads Price Gains ... - CoinDesk)
XRP has surged over 7% following the approval of ProShares' futures XRP ETF, set to launch on April 30. Monero (XMR) experienced a significant price increase of up to 40%, attributed to a substantial transfer of 3,520 BTC ($330.7 million) into XMR, which heightened demand for the privacy-focused token. (Crypto Price Today (April 28, 2025) XRP Spikes while SUI, SOL ..., Monero's XMR Rockets 40% as XRP Leads Price Gains ... - CoinDesk)
Ethereum (ETH) is trading around $1,758, showing a slight decline. Despite this, analysts advise against selling, citing ongoing bullish momentum. (Ethereum ($ETH) Price Analysis: Crypto Rover Warns Against Selling Amid Bullish Momentum (April 2025))
The overall crypto market capitalization stands at approximately $2.94 trillion, with Bitcoin's dominance at 63.57%. The market sentiment remains cautiously optimistic amid macroeconomic challenges and regulatory developments. (CSPR up +63.70%, BTC +0.38%, Pudgy Penguins is The Coin of ..., Monero's XMR Rockets 40% as XRP Leads Price Gains ... - CoinDesk)*
*All are independent viewpoints and not necessarily Stellar Forge Mining LLC’s views. All information provided is for general informational purposes only and should not be construed as financial, investment, or legal advice. Stellar Forge Mining LLC makes no representations or warranties regarding the accuracy, completeness, or reliability of any information shared. Readers should conduct their own research and consult with a professional advisor before making any decisions.
