Dogecoin, Solana and Ethereum Spike as Bitcoin Hits Monthly High
April 22, 2025
In brief
Altcoins like Dogecoin, Solana, and Ethereum are up big on the day.
Bitcoin hit its highest price in more than a month Tuesday, rising above $91,600.
Bitcoin is back above $90,000 and reaching highs not seen since the start of March, but it’s not the only major coin in the green on Tuesday. As of this writing, Dogecoin, Solana, and Ethereum are all showing larger percentage gains on the day.
Dogecoin, the original meme coin, has jumped by nearly 9% over the last 24 hours to a current price of $0.172. And while that’s still just shy of the coin’s highest price so far in April, it’s no doubt a welcome respite for DOGE holders who have watched the coin trickle down since hitting a three-year high price of $0.48 back in December.
Ethereum is up nearly as much, rising almost 8% on the day to a current price of $1,703 as of this writing. The second-largest cryptocurrency by market cap has had a rough stretch lately, falling almost 15% over the last 30 days and 47% since this time last year. But ETH is seeing green today, at least.
Meanwhile, Solana is a dollar short of a monthly high at a current price of about $145, rising 6% on the day. Solana has seen a sizable rebound of late after a big drop, rising 37% over the last two weeks alone. XRP is up a relatively modest 3% on the day to $2.15.
Looking beyond the top 10 coins by market cap, other altcoins that are deeply in the green today include Sui (SUI) with an 11% jump, meme coin Fartcoin with a 20% blast up the charts, and gaming token Immutable (IMX) with a 16% spike following its recent return to the top 100 cryptocurrencies.
Bitcoin is currently showing a 4.6% rise on the day to a price of $91,508. It rose as high as $91,684 earlier Tuesday, reaching the highest price seen for the top coin since early March. It’s now up more than 8% on the week and 18% over the past 14 days.
Cryptocurrencies have been trading sideways in recent weeks after recovering from an early-month plunge triggered by President Trump’s global tariffs and volatile trade war swings. On Monday, Bitcoin and other assets rose while stocks plunged—but on Tuesday, most markets are showing green amid optimism that the trade standoff with China will ease up soon.
Crypto liquidations stand at $347 million over the past day, per data from CoinGecko, with about $255 million of those coming from short positions. Bitcoin makes up $142 million of the total, with Ethereum next up at $90 million.
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