πŸ“ƒ Apr 07, 2025 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Trending Down

The cryptocurrency market has witnessed a downward trend in the past few hours. Bitcoin, Ethereum, and other major cryptocurrencies have experienced sharp price declines and high volatility. In the last 24 hours, the overall market capitalization has decreased, reflecting the negative sentiment prevalent in the market. The factors contributing to this downward trend include the sudden $13 trillion crypto price meltdown, stock market declines, and concerns over economic nuclear war. The negative news surrounding the market, such as concerns over the crash and the drop in prices, have further impacted the sentiment of investors. Although there have been a few positive developments, such as the positive SEC guidance for XRP and the potential breakout for Bitcoin, the overall sentiment remains bearish.

What is important

The key points to understand about the current state of the cryptocurrency market are the significant price declines, high market volatility, and negative sentiment prevailing among investors. The sudden $13 trillion crypto price meltdown has impacted major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Dogecoin. Stock market declines and concerns over an economic nuclear war have added to the negative sentiment. While there have been a few positive developments, they have not been sufficient to counterbalance the overall market downtrend. It is important to closely monitor the market trends, news, and the performance of major cryptocurrencies in the coming hours.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘Ž Β΄UglyΒ΄ Monday Crash Warning As Sudden $1.3 Trillion Crypto Price Meltdown Hits Bitcoin, Ethereum, XRP, Solana And Dogecoin
– A sudden $13 trillion crypto price meltdown has hit major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Dogecoin, causing crash fear in the market.

πŸ‘ Remittix (RTX) Is Being Described As XRP 2.0 Gaining Major Solana (SOL) Investors In Over $14 Million ICO Take-Off: BUy Now Before Prices Rise
– Remittix (RTX) is gaining traction as Β΄XRP 2.0Β΄ with major Solana (SOL) investors participating in a $14 million ICO. Investors are advised to buy now before prices increase.

πŸ‘Ž XRP Price Watch: Volume Divergence Undermines Recovery Hopes
– XRP price recovery hopes are undermined by volume divergence.

πŸ‘Ž Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun
– Bitcoin price drops below $80K, stocks face 1987 Black Monday rerun.

πŸ‘Ž Bitcoin Plunges Below $80,000, Ethereum, Dogecoin Crash As Cryptocurrencies Mirror Stocks Amid Trump Tariff Mayhem: Analyst Flags Β΄Critical Support LevelΒ΄ For BTC
– Bitcoin, Ethereum, and Dogecoin prices plummet below $80,000 as cryptocurrencies follow stock market trends.

Factors DrivingΒ the Growth – Market Sentiment

The analysis of the ‘Positive Keywords’ table suggests that Bitcoin is the most mentioned positive sentiment keyword, followed by terms like analyst, regulation, and memecoin. On the other hand, the ‘Negative Keywords’ analysis reveals that Bitcoin, Ethereum, XRP, and phrases related to crashes, drops, and market plummets are the most mentioned negative sentiment keywords. These keywords reflect the current sentiment and concerns within the cryptocurrency market.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
4bitcoin
3analyst
2bearish trend
2conor mcgregor
2cryptocurrency market
2memecoin
2p2p.me
2regulation
2robert kiyosaki
2solo miners

Negative Terms – Sentiment Analysis

OccurrencesKeyword
26bitcoin
14ethereum
6xrp
4$80k
4crypto market
4dogecoin
4drop
3bitcoin price
3crash
3price

Crypto Investor Fear & Greed Index

The ‘Fear and Greed Indicators’ indicate a predominance of fear in the market. The indicators for major cryptocurrencies, such as Bitcoin and Ethereum, are in the range of greed, but they have witnessed a significant drop in value. This suggests that fear has become more prevalent in the market due to recent price declines and negative sentiment.

DateValueVariationSource
2025-04-07 00:00:0023pt-11ptAlternative.me
2025-04-06 00:00:0030pt0ptAlternative.me
2025-04-06 00:00:0034pt4ptAlternative.me
2025-04-05 00:00:0030pt0ptAlternative.me
2025-04-07 00:00:0023pt-7ptBitDegree.org
2025-04-06 00:00:0030pt0ptBitDegree.org
2025-04-05 00:00:0030pt0ptBitDegree.org
2025-04-07 00:00:0062pt3ptBtcTools.io
2025-04-06 16:00:0059pt6ptBtcTools.io
2025-04-06 08:00:0053pt-4ptBtcTools.io
2025-04-06 00:00:0057pt1ptBtcTools.io
2025-04-05 16:00:0056pt4ptBtcTools.io
2025-04-05 08:00:0052pt4ptBtcTools.io
2025-04-05 00:00:0048pt-7ptBtcTools.io
2025-04-04 16:00:0055pt13ptBtcTools.io
2025-04-04 08:00:0042pt0ptBtcTools.io
2025-04-07 00:00:0017pt-10ptCoinstats.app
2025-04-07 00:00:0027pt0ptCoinstats.app
2025-04-06 00:00:0027pt0ptCoinstats.app
2025-04-05 00:00:0025pt0ptCoinstats.app
2025-04-05 00:00:0027pt2ptCoinstats.app

Bitcoin: Active Addresses

The ‘Bitcoin Address Indicators’ table provides insights into the active addresses and the quantities of wallet addresses based on balance values. These indicators help understand the overall activity and participation in the Bitcoin network. It is important to note that the number of active addresses and the balance values have varied in the last few days, reflecting the dynamic nature of the cryptocurrency market.

DateAddressesVariationIndicatorSource
2025-04-06 14:00:001,388,661,5430.00%Total Addressesbitaps.com
2025-04-06 14:00:00650,763-0.44%Bitcoin Active Addressesbtc.com
2025-04-06 14:00:00540,2150.00%Addresses with over 0bitaps.com
2025-04-06 14:00:00219,2250.00%Addresses with over 0.0000001bitaps.com
2025-04-06 14:00:004,056,8980.02%Addresses with over 0.000001bitaps.com
2025-04-06 14:00:0010,788,2330.00%Addresses with over 0.00001bitaps.com
2025-04-06 14:00:0013,146,0380.00%Addresses with over 0.0001bitaps.com
2025-04-06 14:00:0011,576,187-0.01%Addresses with over 0.001bitaps.com
2025-04-06 14:00:007,915,6640.00%Addresses with over 0.01bitaps.com
2025-04-06 14:00:003,479,2230.00%Addresses with over 0.1bitaps.com
2025-04-06 14:00:00842,7940.00%Addresses with over 1bitaps.com
2025-04-06 14:00:00134,140-0.01%Addresses with over 10bitaps.com
2025-04-06 14:00:0015,9190.02%Addresses with over 100bitaps.com
2025-04-06 14:00:002,0000.00%Addresses with over 1,000bitaps.com
2025-04-06 14:00:00890.00%Addresses with over 10,000bitaps.com
2025-04-06 14:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The ‘Economic Events’ table provides an overview of important financial indicators and events globally. These indicators and events impact the cryptocurrency market indirectly and can influence investor sentiment. For example, the mortgage rate in GBP and the German trade balance and industrial production in EUR may have implications for the respective economies, and consequently, the cryptocurrency market.

DateImpactEvent
2025-04-07 23:50:00ModerateJPY – Current Account n.s.a. (Feb)
2025-04-07 23:50:00ModerateJPY – Adjusted Current Account (Feb)
2025-04-07 22:00:00ModerateNZD – NZIER Business Confidence (Q1)
2025-04-07 19:00:00ModerateUSD – Consumer Credit (Feb)
2025-04-07 14:30:00ModerateCAD – BoC Business Outlook Survey
2025-04-07 09:00:00ModerateGBP – Mortgage Rate (GBP) (Mar)
2025-04-07 06:00:00ModerateEUR – German Trade Balance (Feb)
2025-04-07 06:00:00ModerateEUR – German Industrial Production (MoM) (Feb)
2025-04-07 06:00:00ModerateGBP – Halifax House Price Index (YoY) (Mar)
2025-04-07 06:00:00ModerateGBP – Halifax House Price Index (MoM) (Mar)

Crypto Assets Prices

The ‘Prices’ table presents the price variations and volatilities of major cryptocurrencies in the last 24 hours. The data shows that Bitcoin, Ethereum, and XRP have experienced significant price declines, indicating negative market sentiment. The high levels of volatility suggest a turbulent market environment with rapid price movements.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-04-07 07:42:00Bitcoin75,378.00-10.25%-9.21-8.70%11.639.79%
2025-04-06 07:42:00Bitcoin83,101.75-0.37%-0.510.19%1.84-1.91%
2025-04-05 07:42:00Bitcoin83,410.40-0.32%-0.69-0.96%3.750.58%
2025-04-07 07:42:00Ethereum1,472.65-22.22%-18.08-17.34%27.4424.17%
2025-04-06 07:42:00Ethereum1,799.81-0.61%-0.74-0.34%3.27-1.11%
2025-04-05 07:42:00Ethereum1,810.70-0.23%-0.40-0.38%4.380.14%
2025-04-07 07:42:00Binance Coin533.81-10.83%-9.57-8.90%13.6011.93%
2025-04-06 07:42:00Binance Coin591.64-0.55%-0.67-0.10%1.67-0.90%
2025-04-05 07:42:00Binance Coin594.89-0.48%-0.57-0.19%2.56-1.54%

CryptocurrencyΒ Capitalization and Volume

The ‘Market Capitalizations and Volumes’ table provides an overview of the total market capitalization and volume of major cryptocurrencies. The data indicates a decrease in the market capitalization, reflecting the recent price declines in the cryptocurrency market. The drop in volume further supports the shift in sentiment toward a bearish trend.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-04-07 00:00:00Binance Coin81,107,466,105-6.36%994,670,110175.31%
2025-04-06 00:00:00Binance Coin86,617,514,017-0.58%361,293,355-51.89%
2025-04-05 00:00:00Binance Coin87,127,181,0590.75%751,028,203-46.96%
2025-04-07 00:00:00Bitcoin1,556,102,183,300-6.11%38,139,270,790187.73%
2025-04-06 00:00:00Bitcoin1,657,421,636,426-0.40%13,255,009,727-69.77%
2025-04-05 00:00:00Bitcoin1,664,077,710,0460.76%43,843,835,07239.09%
2025-04-07 00:00:00Ethereum190,597,123,187-12.62%24,253,221,264258.54%
2025-04-06 00:00:00Ethereum218,112,323,508-0.41%6,764,423,244-65.22%
2025-04-05 00:00:00Ethereum219,005,920,552-0.16%19,449,924,32816.01%
2025-04-07 00:00:00Tether143,977,294,90617,567.03%32,035,875,672400,427.55%
2025-04-07 00:00:00Tether804,896,673-99.44%22,831,502-99.93%
2025-04-06 00:00:00Tether144,029,219,16217,585.01%24,994,691,923135,147.74%
2025-04-06 00:00:00Tether814,949,196-99.43%7,998,420-99.97%
2025-04-05 00:00:00Tether144,035,150,11517,588.07%28,434,372,026128,606.01%
2025-04-05 00:00:00Tether814,414,055-99.43%18,480,673-99.94%

Cryptocurrency Exchanges Volume and Variation

The ‘Exchanges’ table reveals the volume variations and trends in major cryptocurrency exchanges. The data shows fluctuations in trading volumes across different exchanges, highlighting the dynamic nature of the market and the changing preferences of traders.

DateExchangeVolumeVariation
2025-04-07 00:00:00Binance203,146165.68%
2025-04-06 00:00:00Binance76,464-66.06%
2025-04-05 00:00:00Binance225,30810.35%
2025-04-07 00:00:00Binance US162184.21%
2025-04-06 00:00:00Binance US57-57.14%
2025-04-05 00:00:00Binance US1339.02%
2025-04-07 00:00:00Bitfinex4,662160.88%
2025-04-06 00:00:00Bitfinex1,787-39.01%
2025-04-05 00:00:00Bitfinex2,93031.27%
2025-04-07 00:00:00Bybit38,186135.79%
2025-04-06 00:00:00Bybit16,195-60.39%
2025-04-05 00:00:00Bybit40,88316.65%
2025-04-07 00:00:00Coinbase38,683254.63%
2025-04-06 00:00:00Coinbase10,908-75.28%
2025-04-05 00:00:00Coinbase44,12314.95%
2025-04-07 00:00:00Crypto.com36,825280.74%
2025-04-06 00:00:00Crypto.com9,672-78.35%
2025-04-05 00:00:00Crypto.com44,66828.24%
2025-04-07 00:00:00Gate.io63,20692.68%
2025-04-06 00:00:00Gate.io32,804-38.99%
2025-04-05 00:00:00Gate.io53,7661.84%
2025-04-07 00:00:00Kraken14,725321.08%
2025-04-06 00:00:00Kraken3,497-76.53%
2025-04-05 00:00:00Kraken14,8985.29%
2025-04-07 00:00:00KuCoin13,610131.78%
2025-04-06 00:00:00KuCoin5,872-52.95%
2025-04-05 00:00:00KuCoin12,481-3.40%
2025-04-07 00:00:00OKX44,043155.84%
2025-04-06 00:00:00OKX17,215-58.72%
2025-04-05 00:00:00OKX41,70416.97%

Mining – Blockchain Technology

The ‘Mining’ table demonstrates the mining difficulty, number of mined blocks, block rewards, and hash rate in the cryptocurrency market. The data provides insights into the computational mining capacity and the overall health of the network. It is important to monitor these indicators as they impact the mining ecosystem and subsequently the cryptocurrency market.

Item2025-04-072025-04-062025-04-052025-04-042025-04-032025-04-022025-04-01
Difficulty121.51T121.51T113.76T113.76T113.76T113.76T113.76T
Difficulty Variation0.00%6.81%0.00%0.00%0.00%0.00%0.00%
Blocks891.27K891.13K890.96K890.79K890.63K890.46K890.33K
Blocks Variation0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Reward BTC3.133.133.133.133.133.133.13
Reward BTC Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Hash Rate GB889.05B984.66B1.01T877.17B961.78B758.67B843.84B
Hash Rate GB Variation-9.71%-2.86%15.56%-8.80%26.77%-10.09%8.12%

Conclusion

In conclusion, the cryptocurrency market is currently experiencing a significant downturn with major cryptocurrencies like Bitcoin, Ethereum, and XRP witnessing sharp price declines and high volatility. The negative sentiment is prevalent due to factors such as the $13 trillion crypto price meltdown, stock market declines, and concerns over an economic nuclear war. While some positive developments have taken place, they have not been sufficient to counterbalance the overall bearish trend. It is crucial for investors and traders to closely monitor the market, stay updated with the latest news, and analyze the performance of individual cryptocurrencies to make well-informed decisions.

So What

The current state of the cryptocurrency market implies caution for investors and traders. The market is witnessing a downward trend, reflecting the prevalent negative sentiment. It is important to review investment strategies, diversify portfolios, and consider risk management techniques to navigate the volatile market. Seeking guidance from financial professionals and conducting thorough research can help make informed decisions in challenging market conditions.

What next?

Looking ahead, the cryptocurrency market is expected to continue facing uncertainties. The coming hours may witness further price fluctuations, and market sentiment will depend on various factors such as regulatory developments, global economic conditions, and market events. Monitoring the market closely, staying updated with news, and conducting in-depth analysis will be crucial to adapt to the dynamic nature of the cryptocurrency market.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.

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