Crypto news, earnings season and market trends | Bitpanda Weekly Wrap

Key price movements

BTC: +10.61%, €82,312.5
ETH: +11.91%, €1,560.9
S&P 500: +3.38%
Euro Stoxx 50: +3.56%

Prices as of 9am, 25 April 2025

Bitcoin bounces, Gold glitters

*TL;DR: Gold is at record highs. Bitcoin’s climbing. The dollar’s falling. Investors are moving fast to hedge against volatility. The line between physical and digital safe havens is blurring.*

The price of gold smashed through the $3,500 an ounce level this week, setting another all-time high before easing slightly, and JPMorgan is now forecasting a run to $4,000 within the next year. Gold is up 25% year-to-date, and judging by how fast it’s flying off shelves (quite literally in some cases), investors are on the hunt for stability.

But it’s not just bullion that’s catching a bid. Bitcoin now ranks 5th in the list of the world’s largest assets by market cap, only beaten by gold, Apple, Microsoft and Nvidia. It is also nearly back to break even for the year to date, erasing its losses since April and recapturing the $90k watermark. Monday saw the biggest single day of ETF inflows since January, with $381m being added in a single day. Bitcoin has been called “digital gold” for a while now, and this month, markets appear to agree. Gold has the pedigree. Bitcoin has the momentum.

What’s driving the rally? Fear. Lots of it.

CNN’s Fear and Greed Index is in extreme fear territory, with earnings season delivering mixed messages (more on this later), tariff woes still weighing on global markets, and investors are doing a bit of spring cleaning when it comes to their allocations.

While the market is still volatile, after a few weeks of red signals, the future is starting to look a bit brighter. The market’s next leg up will likely depend on bigger macro catalysts, like trade deals or interest rate cuts. For now, though, the message from markets is clear: when the world feels wobbly, some investors reach for gold… others go digital.

Explore the latest precious metal prices and crypto prices.

How to win memecoins and influence Presidents

TL;DR: $TRUMP coin holders are being offered dinner with POTUS (or an NFT if he can’t make it). No word yet on which option the potential winners might prefer.*

It’s not every day that a memecoin comes with a presidential dinner invite… well, it’s actually never been that day before, but it sure is now.

This week, $TRUMP, the meme coin bearing his name, surged over 50% to trade around $14.70 after a post promised what it called “the most EXCLUSIVE INVITATION in the world.” The top 220 buyers of the token will be invited to a private gala dinner at Trump National Golf Club in D.C. on May 22. The top 25? They’ll also get access to a VIP reception and a “special tour.” As always, the devil’s in the fine print, which does note that “President Trump may not be able to attend”. No need to worry though, as attendees will receive a limited-edition TRUMP NFT in his place if he can’t be there in person.

The coin has been as volatile as its namesake. Launched before Trump’s January inauguration, it shot up to $74.59 before falling to $7.14 earlier this month. It is now holding around $12.The recent spike comes amid news that a planned token unlock has been delayed by 90 days. Still, according to Chainalysis, ‘entities’ connected to the coin have already pocketed at least $350 million in fees.

Critics are ringing alarm bells (shock). Accountable. US, a government ethics watchdog, described the offer as “a race to the bottom for presidential grifting,” warning of potential influence-buying or ‘cash for access’. The White House, for its part, claims there’s no conflict of interest, stating that the president’s assets are managed in a family trust.

The announcement raises all sorts of political, regulatory, and ethical questions that go beyond the scope of this newsletter. However, no one can dispute that, of any memecoin, $TRUMP now has one of the most obvious utilities attached to it. The offer is clear - Own $TRUMP? Get access.

Now to answer the question you’re all asking: How much will an invite cost me? The top $TRUMP holder’s portfolio stood at $5.57m the last time we checked. Good luck.

Open season on earnings

*TL;DR: Earnings season is upon us, and The Mag 7 are under pressure from tariffs, tightening margins, and rising investor scepticism. The big picture is that it isn’t all about who wins this quarter; it’s about who will still grow when the macro winds turn.*

It’s earnings season for the Magnificent 7, and context is key. Yes, it’s true that the seven giants are trading in the red year-to-date with a combined $4 trillion wiped from their market caps since December. Yes, it’s true that the global economy is under some unexpected ‘pressure’ at the moment. Yes, it’s true that investor expectations are sky high. However, it’s also true that their combined worth is still 5% above where it was a year ago.

You should obviously never trust a newsletter for investment advice (it says so in our disclaimer), but we aren’t counting the Mag7 out just yet. If macro conditions improve, the outlook for these tech giants will likely follow suit.

Tesla (22 April): kicked off the season with a miss (to put it lightly). First-quarter revenue and earnings both came in below expectations, deliveries slipped, and the stock is down 41% for the year. Elon Musk’s decision to scale back his involvement in ‘government advisory work’ with DOGE (not the coin) gave the share price a brief lift, but the bigger questions around falling sales, tariff exposure, and the viability of its upcoming Robotaxi remain unresolved.

Alphabet (24 April): came into earnings under pressure, but delivered just enough to keep markets steady. Revenue rose 15% to $80.5 billion, narrowly beating expectations, while YouTube and cloud growth helped offset softer ad spend across search. Still, with shares down 19% year-to-date and $75 billion earmarked for AI investment (29% over earlier estimates), investors are watching closely for signs of discipline.

Meta (30 April): has fared better than most. It beat expectations last quarter and impressed with its bold AI infrastructure plans. Analysts are optimistic ahead of next week’s earnings, citing strong advertiser demand and new AI tools like Llama 4. Still, a €200 million EU fine this week is a reminder that Meta’s regulatory battles are far from over.

Microsoft (30 April): is navigating a tougher path. It beat on Q2 earnings, but cloud growth came in soft, and shares haven’t recovered since. Management has paused some AI infrastructure projects amid concerns about demand, and with shares down 13% this year, investors will be looking for reassurance that the company’s AI bets haven’t overextended expectations.

Apple (1 May): faces direct exposure to tariffs, particularly those aimed at China, which is one of its key markets. iPhone and Mac production costs could climb, and the company’s China revenue forecast has already been revised down by $4 billion. Shares are down 20% YTD, and while earnings are expected to show modest growth, much of the focus will be on how Apple plans to mitigate the trade war risks now looming over its core business.

Amazon (1 May): has gone from all-time highs to a sharp pullback, with the stock down 21% year-to-date. Analysts are bracing for softer guidance amid tariff-driven pressure on its retail and ad businesses, both of which are heavily exposed to Chinese sellers. AWS remains a bright spot, but even here, margin compression and rising costs are raising red flags.

Nvidia (28 May): is the final of the seven to report, continues to ride the AI wave…but with much shakier legs. Shares are down 26% this year amid demand concerns, supply chain restrictions, and a $5.5 billion revenue hit tied to new chip export controls. That said, revenue is still expected to grow 55% this year, and any upside surprise could give the stock the jolt it needs. For now, though, Nvidia’s crown as the AI darling looks a little tarnished.

Disclaimer

This article is distributed for informational purposes, and it is not to be construed as an offer or recommendation. It does not constitute and cannot replace investment advice.
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