Crypto Price News For April 15: Bitcoin Breaks $85K, Altcoins Follow

The cryptocurrency market has seen a positive shift today, with Bitcoin breaking the $85K barrier, signaling optimism after US President Donald Trump's recent tariff announcements. Although market volatility persists, some coins are posting significant gains, while others are facing declines.

According to CoinMarketCap, the global cryptocurrency market cap has increased slightly by 1.04%, now standing at $2.7 trillion. Despite this, market volume dropped by 6.48%, reaching $78.18 billion, reflecting some caution among traders. The CMC 100 Index also saw a small increase of 1.30%, indicating a mild rally in the broader market.

Driving Market Forces

The market received a boost today after US President Donald Trump announced exemptions for certain electronics from steep “reciprocal” tariffs, which lifted investor sentiment. On Monday, Trump revealed plans to modify the 25% tariffs on auto and auto parts imports from Mexico, Canada, and other countries. This followed a previous exemption for electronics such as smartphones and computers. However, Trump’s administration has also ramped up its probes into semiconductor imports, with decisions on tariffs expected soon.

Adding to the optimism was an announcement from the European Commission confirming a delay in retaliatory tariffs until at least July 14, giving more room for negotiations. Meanwhile, the Polymarket reflected a 65% probability that a new U.S.-EU trade deal will be reached before further measures take effect.

As a result, Bitcoin (BTC) extended its recovery, rising 1.36% to reclaim the $85,000 level. After struggling to break this psychological resistance over the weekend, today’s push suggests improving sentiment among traders. Ethereum (ETH) also posted modest gains, rising 0.29% and currently trading around $1,642.

Top Gainers

Several cryptocurrencies posted strong gains today:

• Fartcoin (FARTCOIN): +8.84%
• VeChain (VET): +6.03%
• Kaspa (KAS): +5.48%
• Story (IP): +5.12%
• Toncoin (TON): +4.62%
• Hyperliquid (HYPE): +3.28%
• JasmyCoin (JASMY): +2.87%
• Raydium (RAY): +2.75%
• Monero (XMR): +2.10%

Fartcoin (FARTCOIN) saw the largest increase, rising by 8.84%, possibly due to market hype and increased trading interest. VeChain (VET) and Kaspa (KAS) followed closely with solid gains of 6.03% and 5.48%, respectively.

Story (IP) and Toncoin (TON) also performed well, gaining 5.12% and 4.62%. Hyperliquid (HYPE) and JasmyCoin (JASMY) followed with 3.28% and 2.87% increases. Rounding up the gainers are Raydium (RAY) and Monero (XMR) with 2.75% and 2.10% gains.

Top Losers

• Mantra (OM): -14.07%
• Flare (FLR): -6.27%
• Decentraland (MANA): -4.37%
• OFFICIAL TRUMP (TRUMP): -4.08%
• Ethena (ENA): -3.83%
• FLOKI (FLOKI): -3.10%

Mantra (OM) was the biggest loser, dropping 14.07%, continuing its downward trend after the massive crash earlier this week. Flare (FLR) followed with a 6.27% loss, while Decentraland (MANA) dropped 4.37%.

OFFICIAL TRUMP (TRUMP) also saw a 4.08% decline, while Ethena (ENA) and FLOKI (FLOKI) dropped 3.83% and 3.10%, respectively.

Market Overview

The crypto market appears to be regaining some footing after a chaotic few weeks dominated by tariff drama and geopolitical risk. While Bitcoin’s return to the $85K mark offers some encouragement, looming decisions on semiconductor tariffs and ongoing trade negotiations will likely dictate the market’s next major move.

Traders are advised to stay cautious, as volatility could return quickly depending on future announcements. For now, the market shows signs of stabilization—but the calm may be temporary.