Xcoins™ Official

Bitcoin and xrp icons with us dollar graph plummeting
April 21, 2025

This Week in Crypto News (April 21–28, 2025): XRP Soars, Bitcoin Eyes $90K, & Dollar Declines

April 21, 2025

As we head into the final stretch of April following last week’s trade tensions, crypto markets are buzzing with bullish momentum and major infrastructure moves. Bitcoin has broken out of a consolidation phase, setting its sights on the $90,000 mark, while the weakening U.S. dollar continues to drive investor interest in digital assets. 

Meanwhile, XRP is gaining traction following Ripple’s confirmation that its blockchain will underpin post-trade infrastructure for Hidden Road, a major institutional prime brokerage. Here’s your weekly rundown of the key developments shaping the crypto landscape.

XRP Utility Expands as Ripple Taps Hidden Road for Institutional Post-Trade Services

XRP is back in the spotlight this week after Ripple’s Director of Product confirmed that the XRP Ledger (XRPL) will serve as the backbone for powering post-trade infrastructure for Hidden Road, a leading institutional prime broker. The move underscores XRP’s evolving role in facilitating real-world financial operations, particularly in the traditionally opaque and slow-moving post-trade space.

This strategic integration highlights Ripple’s long-term vision of bringing blockchain-based efficiencies to global finance—and could potentially drive increased institutional adoption of XRPL. While price speculation remains secondary, the fundamental value proposition of XRP as a bridge asset and enterprise-grade blockchain continues to solidify.

Weakening U.S. Dollar Signals Macro Shift Toward Crypto

The U.S. Dollar Index (DXY) has fallen to its lowest level in over two years, threatening to break a 14-year uptrend. With gold pushing to new all-time highs and confidence in fiat currencies waning, Bitcoin is emerging as a hedge once again.

This dollar weakness aligns with a growing narrative that digital assets—particularly Bitcoin—may benefit from shifting global monetary policies and inflation concerns. As institutional capital continues to seek alternatives to traditional stores of value, crypto appears well-positioned to capture further inflows.

Bitcoin Breaks Out, Eyes $90K–$92K Target Zone

Bitcoin has pushed past $87,000 after consolidating for much of last week, with analysts now watching closely for a move toward the $90,000–$92,000 zone—levels that previously served as key support during the last leg of the bull run.

Technical indicators, including a breakout above the 30-day exponential moving average, suggest renewed bullish momentum. However, if BTC dips below $85,000, the breakout thesis could be challenged. For now, market sentiment remains optimistic, with many traders expecting new highs if macro conditions stay favorable.

Stay tuned by following us on X, Linkedin and Telegram as the crypto markets evolve throughout the week. From blockchain infrastructure milestones to key macro shifts, all eyes are on digital assets as we close out April with strength.

Ready to join the action? Log in or sign up at Xcoins to buy crypto quickly and securely.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletter