Bitcoin Price Holds Firm at $80k, Ethereum Price Grips $1.5k

The crypto market today has taken a step down after yesterday’s uptick after the release of CPI data and the tariffs getting paused. Talking about numbers, the market capitalisation of the crypto business is down 1.16% to $2.58 trillion. The trading volume since yesterday has dropped by 37.50% to $102.16 billion. In the midst of all the hustle and bustle, the cautious sentiments have taken the “Fear & Greed” Index down to a fearful score of 21.

Onyxcoin (XCN), the 86th largest cryptocurrency, is today’s top gainer with a surge of 69.92%. It is currently changing hands at $0.01891, with its intraday trading volume of $456.08M, which is up 270.52% since yesterday. Talking about its 24-hour price bandwidth, it has ranged from the low of $0.01106 to the peak of $0.01952.

Ripple Labs and the SEC have filed a joint motion with the U.S. Court of Appeals for the Second Circuit to place the appeal proceedings on hold. The proposed deal reduces Ripple’s civil penalty from $125M to $50M. XRP has reacted calmly, trading at $1.99, down 0.39%, with a 24H volume of $4.12B, which is down by 51.77%. Talking about XRP’s next move, it could target $2.02 next.

Bitcoin is trading at $80,530, down 1.88%, despite a positive boost from the latest U.S. CPI data. Inflation rose just 2.4% in March—below the expected 2.6%—sparking a broader crypto market rally led by Ethereum and altcoins. Bitcoin’s 24-hour range was between $78,456 and $82,339, with a market cap at $1.59 trillion. However, trading volume plummeted 42.65% to $44.67 billion, suggesting a cautious investor mood despite the bullish macroeconomic signal.