Crypto Roars Back: Bulls Charge as Markets Recover on April 28

After weeks of blood in the streets, digital assets stage a Lazarus-like comeback—just in time for Wall Street to pretend they always believed in blockchain.

Key developments:

- Bitcoin claws back above $65K as ETF inflows return

- Ethereum gas fees drop 40% post-London fork

- BNB hits new ATH as Binance quietly settles another regulatory probe

Analysts credit the rally to renewed institutional interest (read: hedge funds chasing momentum) and retail FOMO. Meanwhile, crypto Twitter declares the bear market ’over’—for the third time this month.

The recovery comes as traditional markets wobble, proving once again that crypto doesn’t crash—it just goes ’on sale.’ Now watch bankers suddenly remember their ’long-term blockchain thesis.’

Crypto Market Report: Top Trending Coins

In the past week, three cryptocurrencies have remained the talk of the town because of some recent developments related to these cryptocurrencies: Sui (SUI), Stellar (XLM), and Monero (XMR). 

In the past week, the price of SUI (SUI) showed a 61.92% jump. However, the token experienced a marginal fall of 0.45% in the past 24 hours. The token is currently trading at the price of ₹303.56.

Stellar (XLM), the token, illustrated a 15.42% jump compared to other major cryptocurrencies. Meanwhile, XLM has shown a 1.10% price drop in the past 24 hours, trading at a price range of ₹24.54.

In addition, the Monero (XMR) token surged by 22.06% in the last 7 days. Moreover, in the past 24 hours, the token also increased by 12.94%. In addition, the price of the XMR token is trading at ₹22,322.38.

Top Crypto Gainers & Losers

The past week remains the most bullish week for the crypto market in 2025. So, let’s have a look at some of the top crypto gainers and losers from the past day:

How the Crypto Market Became Bullish?

The crypto market rebounded sharply last week (April 21–27, 2025), driven by easing trade tensions and renewed investor confidence. Fears of a global recession, sparked by President Trump’s reciprocal tariff announcements on April 2, faded as Treasury Secretary Scott Bessent signaled a potential U.S.-China trade de-escalation, boosting risk assets.

Moreover, the Crypto Fear & Greed Index hit 74, reflecting growing optimism. However, caution remains due to potential tariff risks and Federal Reserve policy shifts. 

▪️Ripple (XRP) has been the most traded cryptocurrency in India during the January-March 2025 quarter, beating even Bitcoin, according to the most recent data by an Indian Crypto Exchange. This spike knocked Shiba Inu from the top rank and demonstrates increasing trading interest in XRP under changing global market conditions.

▪️Russia is preparing to build a government-backed cryptocurrency exchange that will operate within an experimental legal framework. This cryptocurrency exchange is only open to affluent investors, as the government continues to investigate digital financial tools while maintaining its domestic ban on cryptocurrency payments.

▪️The US Federal Reserve Board has changed its crypto regulatory guidance for banks, including allowances for dealing in digital currencies and dollar token or stablecoin activities.

The recent bullish trend in the cryptocurrency market demonstrates its dynamic evolution, which has included substantial gains and increasing investor confidence. This development reflects the increasing institutional interest and technological advancements.

Despite these ongoing developments, the market’s intrinsic volatility persists. To navigate potential risks, investors should exercise caution, perform extensive research, and apply a variety of tactics. While the recent bullish trend is tremendous, it’s critical to approach the cryptocurrency market with care and a long-term mindset.

For more crypto-related content like the Crypto Market Report, informational blogs, and crypto news, check out Suncrypto Academy.

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