The cryptocurrency market has returned to a bullish zone, with Bitcoin leading and some altcoins starting to rise to the sky. As the price of BTC soars past the $90,000 mark for the first time in weeks, institutional interest is increasing and retail investor sentiment is turning positive.
Altcoins like SUI, SHIB, and ETH are emerging as the best performers, each fueled by its own unique catalyst. In this article, we'll cover the latest crypto news, key regulatory developments, and insight into these three prominent coins.
📈 Bitcoin Rises to the Sky Exceeding the $90,000 Zone
After weeks of moving sideways, Bitcoin has finally surpassed the $90,000 mark — a milestone that has rekindled market enthusiasm. This increase is supported by:
The demand from organizations is increasing, and large companies continue to accumulate.
The ETF capital flow remains stable despite previous fluctuations.
Macroeconomic factors, including easing concerns about inflation and a weakening US dollar, are helping BTC decouple from traditional markets.
This move helps Bitcoin to potentially retest its all-time high and opens the door for further growth of altcoins.
🧑⚖️ Trump, ETF and the New SEC Chairman
Political developments and regulations are shaping the narrative around cryptocurrency:
Trump Media & Technology Group is said to be partnering with Davis Polk to launch MAGA-themed cryptocurrency ETFs, thereby bringing cryptocurrency into the mainstream forum in the United States.
Paul Atkins has been appointed as the new SEC Chairman, replacing Gary Gensler. Known for his more cryptocurrency-friendly stance, Atkins' leadership may ease regulatory tensions in the coming months.
Celsius founder, Alex Mashinsky, is expected to be sentenced on May 8, marking a step forward in eliminating bad actors in this space.
These developments are helping to change investors' perceptions towards a more tightly regulated but also more widely accepted cryptocurrency environment.
🌍 Global Headline: The $LIBRA Scandal of Argentina and Germany's Cryptocurrency Custody Service
In Argentina, President Javier Milei is facing criticism after the meme coin $LIBRA, which he publicly supported, collapsed and wiped out $250 million in market value. This backlash could affect global policy discussions surrounding the confirmation of tokens.
Meanwhile, Germany's Deutsche Börse announced that its Clearstream division will begin providing custody services for Bitcoin and Ethereum, opening the door for widespread adoption among European institutions.
🏅 Top 3 Altcoins with the Best Performance Right Now
SUI – The Underdog in DeFi Becomes Popular
Current price: ~$2.45
Weekly profit: +12%
Driving force: SUI has witnessed a surge in Total Value Locked (TVL), now exceeding 2 billion dollars. The rapid adoption of DeFi and upcoming integrations across gaming and NFTs are attracting more users.
Outlook: Price forecasts indicate a target of $8.32 by May 2025, corresponding to a 240% bullish. The story of SUI as a scalable alternative to Ethereum is gaining increasing attention, especially in Asia.
SHIB – A Meme Coin with Real Momentum
Current price: ~$0.0000131
Weekly performance: Stable with bullish weekly candles
Catalyst: The ecosystem of SHIB (Shibarium, SHIB The Metaverse) continues to expand, with whale activity picking up again. A recent bullish engulfing candle on the weekly chart suggests the beginning of a larger upward trend.
Outlook: Analysts predict a move towards $0.0000227, rising 73%, in the near future. The momentum from the community, combined with new exchanges listing, is driving optimism.
ETH – Ethereum Aiming for Recovery After Underperformance
Current price: ~$1.7K
Recent difficulties: Decrease of 60% from the peak of $3,900 at the beginning of 2025.
What is holding back: ETH lags behind BTC and SUI due to investors' concerns about gas fees and congestion.
Recovery signal: If ETH breaks through the resistance level of $2,330, top analysts predict a strong bullish move towards the zone of $3,000–$3,500. With the ETF rumors about ETH heating up again and regulatory clarity, the fundamentals remain strong.
💬 Conclusion: Altcoins Back in Focus
When Bitcoin regains strength above $90,000, it is clear that the cryptocurrency market is entering a new bullish phase. SUI and SHIB are proving that utility and community hype can coexist, while ETH remains a coin with significant bullish potential if the technical factors align. The momentum from regulations, the buzz around ETFs, and the increasing involvement of institutions continue to fuel the next rise.
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Crypto News Today: 3 Altcoins that are currently making waves
The cryptocurrency market has returned to a bullish zone, with Bitcoin leading and some altcoins starting to rise to the sky. As the price of BTC soars past the $90,000 mark for the first time in weeks, institutional interest is increasing and retail investor sentiment is turning positive. Altcoins like SUI, SHIB, and ETH are emerging as the best performers, each fueled by its own unique catalyst. In this article, we'll cover the latest crypto news, key regulatory developments, and insight into these three prominent coins. 📈 Bitcoin Rises to the Sky Exceeding the $90,000 Zone After weeks of moving sideways, Bitcoin has finally surpassed the $90,000 mark — a milestone that has rekindled market enthusiasm. This increase is supported by: The demand from organizations is increasing, and large companies continue to accumulate. The ETF capital flow remains stable despite previous fluctuations. Macroeconomic factors, including easing concerns about inflation and a weakening US dollar, are helping BTC decouple from traditional markets.
This move helps Bitcoin to potentially retest its all-time high and opens the door for further growth of altcoins. 🧑⚖️ Trump, ETF and the New SEC Chairman Political developments and regulations are shaping the narrative around cryptocurrency: Trump Media & Technology Group is said to be partnering with Davis Polk to launch MAGA-themed cryptocurrency ETFs, thereby bringing cryptocurrency into the mainstream forum in the United States. Paul Atkins has been appointed as the new SEC Chairman, replacing Gary Gensler. Known for his more cryptocurrency-friendly stance, Atkins' leadership may ease regulatory tensions in the coming months. Celsius founder, Alex Mashinsky, is expected to be sentenced on May 8, marking a step forward in eliminating bad actors in this space. These developments are helping to change investors' perceptions towards a more tightly regulated but also more widely accepted cryptocurrency environment. 🌍 Global Headline: The $LIBRA Scandal of Argentina and Germany's Cryptocurrency Custody Service In Argentina, President Javier Milei is facing criticism after the meme coin $LIBRA, which he publicly supported, collapsed and wiped out $250 million in market value. This backlash could affect global policy discussions surrounding the confirmation of tokens. Meanwhile, Germany's Deutsche Börse announced that its Clearstream division will begin providing custody services for Bitcoin and Ethereum, opening the door for widespread adoption among European institutions. 🏅 Top 3 Altcoins with the Best Performance Right Now
SUI – The Underdog in DeFi Becomes Popular Current price: ~$2.45 Weekly profit: +12% Driving force: SUI has witnessed a surge in Total Value Locked (TVL), now exceeding 2 billion dollars. The rapid adoption of DeFi and upcoming integrations across gaming and NFTs are attracting more users. Outlook: Price forecasts indicate a target of $8.32 by May 2025, corresponding to a 240% bullish. The story of SUI as a scalable alternative to Ethereum is gaining increasing attention, especially in Asia.
SHIB – A Meme Coin with Real Momentum Current price: ~$0.0000131 Weekly performance: Stable with bullish weekly candles Catalyst: The ecosystem of SHIB (Shibarium, SHIB The Metaverse) continues to expand, with whale activity picking up again. A recent bullish engulfing candle on the weekly chart suggests the beginning of a larger upward trend. Outlook: Analysts predict a move towards $0.0000227, rising 73%, in the near future. The momentum from the community, combined with new exchanges listing, is driving optimism.
ETH – Ethereum Aiming for Recovery After Underperformance Current price: ~$1.7K Recent difficulties: Decrease of 60% from the peak of $3,900 at the beginning of 2025. What is holding back: ETH lags behind BTC and SUI due to investors' concerns about gas fees and congestion. Recovery signal: If ETH breaks through the resistance level of $2,330, top analysts predict a strong bullish move towards the zone of $3,000–$3,500. With the ETF rumors about ETH heating up again and regulatory clarity, the fundamentals remain strong.
💬 Conclusion: Altcoins Back in Focus When Bitcoin regains strength above $90,000, it is clear that the cryptocurrency market is entering a new bullish phase. SUI and SHIB are proving that utility and community hype can coexist, while ETH remains a coin with significant bullish potential if the technical factors align. The momentum from regulations, the buzz around ETFs, and the increasing involvement of institutions continue to fuel the next rise.