Should Crypto Investors Trust This Rally?

Article Audio BTC ETH +7 more

Key Takeaways

  • The crypto market continued climbing last week, with varied performance across major altcoins such as ETH (-3%) and SOL (+7%).
  • Gold hit fresh record highs for the 55th time in the past year, while the U.S. dollar weakened to a three-year low.
  • Short term, news surrounding tariff negotiations will likely keep to drive markets and investor sentiment.
  • Ethereum creator Vitalik Buterin proposed a major upgrade that would “greatly improve the efficiency of the Ethereum execution layer.”
  • Activity on Solana has rebounded along with SOL’s price, with real economic value (REV) hitting its highest level since February 21.

Important upcoming macro dates:

  • May 7: U.S. interest-rate decision and Fed Chair Powell’s press conference

00:00 Crypto Market Overview Crypto markets recover, Bitcoin and altcoins rise, contrasting with gold trends.
03:09 US Dollar and Fed Impact US dollar falls, Trump pressures Fed for rate cuts, impacting market dynamics.
17:19 Ethereum and SEC Updates Ethereum upgrade proposed, SEC leadership changes to favor crypto regulations.
23:41 Solana and Market Predictions Solana’s on-chain activity rises, market anticipates rate cuts benefiting crypto.