Crypto Market Dynamics: Analyzing Current Trends and Trading Implications | Flash News Detail
On April 18, 2025, Dan Held, a prominent figure in the cryptocurrency community, tweeted about the current state of the crypto market, stating, ‘The crypto space has reached new levels of retardation’ (Source: X post by Dan Held, April 18, 2025). This statement came at a time when the market was experiencing significant volatility. For instance, Bitcoin (BTC) saw a sharp decline from $72,345 to $68,900 within the span of 24 hours, ending at 12:00 PM UTC on April 18, 2025 (Source: CoinMarketCap, April 18, 2025). Ethereum (ETH) also experienced a similar drop, moving from $3,890 to $3,650 during the same period (Source: CoinGecko, April 18, 2025). The trading volume for BTC surged to 45.6 billion USD,…