Bitcoin price recovers, Ethereum RWA value up 20%: April in charts
In April 2025, US President Donald Trump imposed retaliatory tariffs on 185 countries, causing significant market declines, including a 2,200-point drop in the Dow Jones and a nearly 6% drop in the S&P 500. Bitcoin initially fell 9% but rebounded to close the month up 16.16% at $94,729. In Canada, the Liberal Party, led by Prime Minister Mark Carney, won the federal elections but fell short of a majority, impacting future crypto policies. Ethereum's tokenization of real-world assets (RWAs) rose by 20% to $6.2 billion, with major firms like BlackRock backing its potential. Two US states introduced new crypto legislation, while stablecoin market capitalization grew by $4 billion amid evolving regulatory frameworks. The SEC closed an inquiry into PayPal's stablecoin without enforcement action.
