Crypto Market Update Today April 23: CHIP Surge 135%, Spark Gains 28%

Crypto Market News Today: GSR Crypto Basket ETF, KelpDAO Hack Update

Overall Cryptocurrency News, 23 April 2026: The crypto market rose 1.9% modestly in 24 hours, led by Bitcoin's strength, improving sentiment, active trading, mixed altcoin moves, and major news shaping liquidity, regulation, and investor attention.

Major Crypto Market Events Today

Source: Forex Factory

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global crypto market today reached a capitalization of $2.7 trillion, with a 1.9% upward trend in the last 24 hours, while total trading volume was recorded at $121.71 billion.

Bitcoin’s (BTC) dominance in the industry remains strong at 58.2%, while Ethereum (ETH) holds 10.1%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from CoinMarketCap)

• Bitcoin (BTC) price today reached $78,360.6, rose by 2.68% in the last 24 hours, with a trading volume of $49.8 billion and a market cap of $1.56 trillion.

• Ethereum (ETH) price today is at $2364.19, surged 1.71% in 24 hours with a trading volume of $23.4 billion and a market capitalization of $285.3 billion.

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Bitcoin price (BTC): $78,362.19, up 2.73% in the last 24 hours, trading volume (TV): $49.99B.

• USD.AI price (CHIP): $0.1351, up 134.92%, TV: $1.73B.

• Spark price (SPK): $0.03844, up 28.82%, TV: $254.95M.

• Ethereum price (ETH): $2,367.29, up 1.94%, TV: $23.54B.

• Core price (CORE): $0.05448, up 24.72%, TV: $193.41M.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• SPX6900 price today (SPX): $0.3873, climbed 13.43%, trading activity $20.61M.

• Aerodrome Finance price today (AERO): $0.4208, gained 7.73%, trading activity $48.18M.

• Sei price today (SEI): $0.06124, up 7.05%, trading activity $117.96M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• siren price today (SIREN): $0.6366, fell 9.81%, trading activity $15.69M.

• DeXe price today (DEXE): $12.11, dropped 5.48%, trading activity $28.40M.

• Monero price today (XMR): $367.19, down 3.87%, trading activity $162.91M.

Stablecoins and Defi Update:

• Stablecoins reflects 0.2% positive change over the past 24 hours, with a market capitalization of $316.3 billion and trading volume of $105.5 billion.

• The Overall (Defi) Decentralized Finance market increased 1% over the last 24 hours, recording a capitalization of $54.4 billion and trading volume (TV) at $7.1 billion. Defi dominance globally marked 2.0%.

Crypto Fear and Greed Index Today

Source: Alternative Me

Today’s crypto Fear and Greed Index is 46, Fear, but improved from 32 yesterday, 23 last week, and 11 last month. Numerically, sentiment is recovering. Theoretically, panic selling has eased, risk appetite is returning, yet confidence remains below neutral 50.

Latest Crypto Market News Today, April 23

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. KelpDAO Hacker Swaps ETH to BTC: KelpDAO hacker reportedly swapped 75,700 ETH into Bitcoin within about 36 hours using THORChain, pushing protocol volume to $800 million and generating roughly $910,000 fees.

2. WLD Wallet Moves Tokens to Binance: A wallet linked to the Worldcoin team or investors moved 4.63 million WLD to Binance, realizing an estimated $8.53 million loss after holding tokens for one year.

3. MetaMask Co-Founder Leaves Consensys: Dan Finlay said he is leaving Consensys, highlighting MetaMask’s new advanced permissions feature based on ERC-7715 as a meaningful wallet ecosystem upgrade.

4. SBF Withdraws New Trial Request: Sam Bankman-Fried withdrew his Rule 33 motion for a new trial, saying he expects no fair hearing now and may refile later.

5. US Tests Bitcoin Node for Security: Admiral Samuel Paparo said the US government is testing a Bitcoin node for cybersecurity research, while avoiding mining and treating the work as experimental.

6. Circle Backs Aave USDC Rate Changes: Circle economist Gordon Liao proposed urgent Aave USDC parameter changes after near-full utilization persisted for four days, aiming to restore liquidity and improve market clearing.

7. Clarity Act Still Faces Obstacles: TD Cowen said the US Clarity Act still faces regulatory, political, and legislative obstacles, while stablecoin yield limits remain under negotiation ahead of a possible vote.

8. GSR Launches First Crypto ETF: GSR launched its first ETF, BESO, an actively managed fund covering Bitcoin, Ethereum, and Solana, with analysts expecting crypto basket ETFs to grow.

9. Mastercard Joins Blockchain Security Council: Mastercard will join the Blockchain Security Standards Council as a founding member, helping shape security and privacy frameworks for blockchain networks and tokenized assets.

Comparative Insight

April 23 looked stronger than on April 22. Crypto Market cap rose from $2.65 trillion to $2.7 trillion, daily volume increased from $100.2 billion to $121.71 billion, and sentiment improved from 32 to 46. Bitcoin gained faster, Ethereum turned firmer, and stablecoin and DeFi activity also strengthened, showing broader recovery with better liquidity, but caution still remained overall for users.

What This Means for Cryptocurrency Users

For users, this signal improvement is still uneven. Strong Bitcoin dominance, recovering sentiment, active stablecoin flows, and DeFi adjustments suggest better participation, though hacks, regulation, and volatile altcoin swings mean users should remain selective and careful.

Risk Context: This commentary is not about long-term conditions and is for informational purposes only. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

This 24-hour update suggests the crypto market remains both promising and risky. Gains in major assets and stronger sentiment are encouraging. However, volatility, legal uncertainty, hacks, and sudden token swings show that any investment decision still carries meaningful short-term and medium-term risk.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. All regions are not able to provide all the services or assets in question.