πŸ“ƒ Apr 08, 2025 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Down

Over the past 24 hours, the cryptocurrency market has experienced a negative trend, with several major cryptocurrencies facing significant price drops. Bitcoin, the leading cryptocurrency, has seen its price crash, leading to concerns and speculations in the market. Similarly, Ethereum and XRP have also experienced significant drops in their prices, triggering sell-offs and market bloodbaths. The overall bearish sentiment in the market can be attributed to various factors, including the impact of negative news, such as Trump’s tariffs and geopolitical tensions.

Despite some positive moments and temporary recoveries, the overall trend is currently neutral/trending down, indicating that caution is warranted in the near term. It is essential to analyze the available data and watch for market sentiment changes that could potentially impact the cryptocurrency market’s future direction.

What is important

The current state of the cryptocurrency market is marked by a negative sentiment, characterized by price crashes and market bloodbaths. The significant drops in the prices of major cryptocurrencies, such as Bitcoin, Ethereum, and XRP, have raised concerns among investors and traders. This negative trend can be attributed to various factors, including Trump’s tariffs and geopolitical tensions.

It is crucial for market participants to closely monitor the developments in the market and consider the impact of external factors. News related to government regulations, global economic conditions, and geopolitical events can heavily influence the cryptocurrency market. Furthermore, understanding the market sentiment, as reflected by the Fear and Greed Indicators, and important economic events can provide valuable insights into the market’s future direction. Additionally, monitoring the performance of exchanges and mining activities can offer further insights into market dynamics.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘Ž Why Is Bitcoin Price Suddenly Crashing Today?
– BitcoinΒ΄s price is suddenly crashing today, causing concern and speculation in the cryptocurrency market.

πŸ‘Ž Whale loses over $106 million as Ethereum price crashes
– A whale in the cryptocurrency market lost over $106 million as the price of Ethereum crashed.

πŸ‘Ž XRP Holders Exhausted? Analyst Weighs In After Trump Sparks Market Β΄BloodbathΒ΄
– XRP holders are feeling exhausted after a market bloodbath triggered by TrumpΒ΄s comments, as analyzed by experts.

πŸ‘Ž Panic Monday: Bitcoin price crashes to $75,000
– Bitcoin price crashes to $75,000 in a panic sell-off on Monday.

πŸ‘Ž Trump’s Tariffs: Fed Chair Jerome Powell Could Announce Emergency Rate Cut Amid Crypto Market Crash
– Fed Chair Jerome Powell could announce an emergency rate cut amid a crypto market crash due to Trump’s tariffs.

Factors DrivingΒ the Growth – Market Sentiment

Positive keywords, such as ‘bitcoin’ and ‘binance,’ have been highly mentioned in the news, indicating their significance and prominence in the cryptocurrency market. On the other hand, the negative sentiment is reflected in the negative keywords, including ‘price,’ ‘tariffs,’ ‘market crash,’ and ‘crypto stocks.’ These negative keywords underscore the challenges and concerns in the current market environment.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
18bitcoin
6binance
5galaxy digital
42025
4mantra
3$108m fund
3apple pay
3blockchain
3google pay
3nyse arca

Negative Terms – Sentiment Analysis

OccurrencesKeyword
57bitcoin
13ethereum
10price
9tariffs
9xrp
7cryptocurrency market
6china
6market crash
5crash
5crypto stocks

Crypto Investor Fear & Greed Index

The ‘Fear and Greed Indicators’ table demonstrates the fear and greed levels in the cryptocurrency market. The values between 0 and 24 indicate extreme fear, 25 to 49 represent fear, 50 to 74 represent greed, and values above 75 reflect extreme greed. Currently, the market is showing fear, which aligns with the negative sentiment observed in the news and the price crashes experienced by major cryptocurrencies, as mentioned earlier.

DateValueVariationSource
2025-04-08 00:00:0024pt1ptAlternative.me
2025-04-07 00:00:0023pt-11ptAlternative.me
2025-04-06 00:00:0030pt0ptAlternative.me
2025-04-06 00:00:0034pt4ptAlternative.me
2025-04-08 00:00:0024pt1ptBitDegree.org
2025-04-07 00:00:0023pt-7ptBitDegree.org
2025-04-06 00:00:0030pt0ptBitDegree.org
2025-04-08 00:00:0062pt16ptBtcTools.io
2025-04-07 08:00:0046pt-16ptBtcTools.io
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 08:00:0052pt0ptBtcTools.io
2025-04-08 00:00:0017pt0ptCoinstats.app
2025-04-08 00:00:0019pt2ptCoinstats.app
2025-04-07 00:00:0017pt-10ptCoinstats.app
2025-04-07 00:00:0027pt0ptCoinstats.app
2025-04-06 00:00:0027pt0ptCoinstats.app

Bitcoin: Active Addresses

The ‘Bitcoin Address Indicators’ table provides insights into the active addresses and quantities of wallet addresses in the Bitcoin network. The data indicates fluctuations in the number and types of addresses and offers valuable information regarding the adoption and usage of Bitcoin. Monitoring the changes in active addresses and balances can provide an understanding of user activity and engagement within the Bitcoin network, contributing to a comprehensive analysis of the market.

DateAddressesVariationIndicatorSource
2025-04-08 05:00:001,389,206,3920.01%Total Addressesbitaps.com
2025-04-08 05:00:001,336,444,6230.00%Zero Balance Addressesbitaps.com
2025-04-08 05:00:00777,564-0.76%Bitcoin Active Addressesbtc.com
2025-04-08 05:00:00540,2120.00%Addresses with over 0bitaps.com
2025-04-08 05:00:00219,2250.00%Addresses with over 0.0000001bitaps.com
2025-04-08 05:00:004,058,1920.00%Addresses with over 0.000001bitaps.com
2025-04-08 05:00:0010,798,1080.01%Addresses with over 0.00001bitaps.com
2025-04-08 05:00:0013,164,6790.06%Addresses with over 0.0001bitaps.com
2025-04-08 05:00:0011,588,8070.07%Addresses with over 0.001bitaps.com
2025-04-08 05:00:007,919,5140.04%Addresses with over 0.01bitaps.com
2025-04-08 05:00:003,478,6520.00%Addresses with over 0.1bitaps.com
2025-04-08 05:00:00842,2820.00%Addresses with over 1bitaps.com
2025-04-08 05:00:00134,0940.05%Addresses with over 10bitaps.com
2025-04-08 05:00:0015,910-0.04%Addresses with over 100bitaps.com
2025-04-08 05:00:002,001-0.10%Addresses with over 1,000bitaps.com
2025-04-08 05:00:00890.00%Addresses with over 10,000bitaps.com
2025-04-08 05:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The ‘Economic Events’ table lists notable economic events that have the potential to impact the cryptocurrency market. Monitoring these events, such as reports on petroleum inventories and macroeconomic indicators, can provide a broader context for understanding market dynamics and potential price movements.

DateImpactEvent
2025-04-09 14:30:00HighEIA Petroleum Status Report Gasoline Inventories – W/W
2025-04-09 14:30:00HighEIA Petroleum Status Report Distillate Inventories – W/W
2025-04-09 14:30:00HighEIA Petroleum Status Report Crude Oil Inventories – W/W
2025-04-08 20:30:00ModerateUSD – API Weekly Crude Oil Stock
2025-04-08 18:00:00ModerateUSD – FOMC Member Daly Speaks
2025-04-08 17:00:00ModerateUSD – 3-Year Note Auction
2025-04-08 16:00:00ModerateUSD – EIA Short-Term Energy Outlook
2025-04-08 14:00:00ModerateCAD – Ivey PMI (Mar)
2025-04-08 11:30:00ModerateBRL – Gross Debt-to-GDP ratio (MoM) (Feb)
2025-04-08 09:00:00ModerateEUR – ECBΒ΄s De Guindos Speaks
2025-04-08 01:30:00ModerateAUD – NAB Business Confidence (Mar)
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 12:00:00ModerateGBP – Mortgage Rate (GBP) (Mar)
2025-04-07 09:00:00ModerateGBP – Mortgage Rate (GBP) (Mar)
2025-04-07 08:40:00ModerateGBP – Mortgage Rate (GBP) (Mar)

Crypto Assets Prices

The ‘Prices’ table displays the price variations and volatilities of major cryptocurrencies in the last 24 hours. It demonstrates the impact of negative news and market sentiment on the prices of Bitcoin, Ethereum, and other cryptocurrencies. Understanding the price fluctuations and their potential correlation to market events is crucial for traders and investors in making informed decisions.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-04-08 07:44:00Bitcoin79,424.005.19%5.7215.02%8.20-3.43%
2025-04-07 07:44:00Bitcoin75,303.14-10.32%-9.30-8.76%11.639.79%
2025-04-06 07:44:00Bitcoin83,075.99-0.46%-0.540.10%1.84-1.91%
2025-04-08 07:44:00Ethereum1,567.596.38%7.3625.72%12.60-14.84%
2025-04-07 07:44:00Ethereum1,467.56-22.62%-18.36-17.61%27.4424.17%
2025-04-06 07:44:00Ethereum1,799.58-0.66%-0.75-0.40%3.27-1.11%
2025-04-08 07:44:00Binance Coin559.154.55%5.4815.07%7.27-6.33%
2025-04-07 07:44:00Binance Coin533.71-10.78%-9.59-8.85%13.6011.93%
2025-04-06 07:44:00Binance Coin591.27-0.65%-0.73-0.20%1.67-0.90%

CryptocurrencyΒ Capitalization and Volume

The ‘Market Capitalizations and Volumes’ table showcases the market capitalization and volume data of major cryptocurrencies. Analyzing the capitalization and volume trends provides insights into the overall market sentiment and the trading activity in the cryptocurrency market. Tracking changes in market capitalization and volume can highlight the participation of market players and identify potential market movements.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-04-08 00:00:00Binance Coin81,084,351,069-0.03%2,319,052,098133.15%
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%
2025-04-08 00:00:00Bitcoin1,581,407,565,2781.63%92,851,560,397143.45%
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%
2025-04-08 00:00:00Ethereum188,565,143,893-1.07%48,563,495,226100.24%
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%
2025-04-08 00:00:00Tether144,205,567,66917,816.03%76,624,821,334335,510.08%
2025-04-08 00:00:00Tether804,504,530-99.44%42,754,366-99.94%
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%

Cryptocurrency Exchanges Volume and Variation

The ‘Exchanges’ table displays the trading volumes on major cryptocurrency exchanges. Monitoring the trading activity on these exchanges offers insights into market liquidity, trading preferences, and the market share of different platforms. Understanding the overall market dynamics and the role of key exchanges is crucial for interpreting price movements and trends.

DateExchangeVolumeVariation
2025-04-08 00:00:00Binance462,158127.50%
2025-04-07 00:00:00Binance203,146165.68%
2025-04-06 00:00:00Binance76,464-66.06%
2025-04-08 00:00:00Binance US22337.65%
2025-04-07 00:00:00Binance US162184.21%
2025-04-06 00:00:00Binance US57-57.14%
2025-04-08 00:00:00Bitfinex7,88469.11%
2025-04-07 00:00:00Bitfinex4,662160.88%
2025-04-06 00:00:00Bitfinex1,787-39.01%
2025-04-08 00:00:00Bybit75,15396.81%
2025-04-07 00:00:00Bybit38,186135.79%
2025-04-06 00:00:00Bybit16,195-60.39%
2025-04-08 00:00:00Coinbase93,538141.81%
2025-04-07 00:00:00Coinbase38,683254.63%
2025-04-06 00:00:00Coinbase10,908-75.28%
2025-04-08 00:00:00Crypto.com94,236155.90%
2025-04-07 00:00:00Crypto.com36,825280.74%
2025-04-06 00:00:00Crypto.com9,672-78.35%
2025-04-08 00:00:00Gate.io131,764108.47%
2025-04-07 00:00:00Gate.io63,20692.68%
2025-04-06 00:00:00Gate.io32,804-38.99%
2025-04-08 00:00:00Kraken27,82188.94%
2025-04-07 00:00:00Kraken14,725321.08%
2025-04-06 00:00:00Kraken3,497-76.53%
2025-04-08 00:00:00KuCoin26,78896.83%
2025-04-07 00:00:00KuCoin13,610131.78%
2025-04-06 00:00:00KuCoin5,872-52.95%
2025-04-08 00:00:00OKX85,28893.65%
2025-04-07 00:00:00OKX44,043155.84%
2025-04-06 00:00:00OKX17,215-58.72%

Mining – Blockchain Technology

The ‘Mining’ table represents key indicators related to cryptocurrency mining, such as mining difficulty, mined blocks, block rewards, and hash rate. Monitoring these indicators provides insights into the current state of the mining network, including the level of network security, profitability, and mining activity. Changes in mining difficulty and hash rate can have implications for the overall network stability and the future supply of cryptocurrencies.

Item2025-04-082025-04-072025-04-062025-04-052025-04-042025-04-032025-04-02
Difficulty121.51T121.51T121.51T113.76T113.76T113.76T113.76T
Difficulty Variation0.00%0.00%6.81%0.00%0.00%0.00%0.00%
Blocks891.42K891.27K891.13K890.96K890.79K890.63K890.46K
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 GB877.10B889.05B984.66B1.01T877.17B961.78B758.67B
Hash Rate GB Variation-1.34%-9.71%-2.86%15.56%-8.80%26.77%-10.09%

Conclusion

In conclusion, the cryptocurrency market is currently experiencing a negative trend, marked by price crashes and market bloodbaths. The recent drops in the prices of major cryptocurrencies, including Bitcoin, Ethereum, and XRP, have raised concerns and triggered sell-offs. The negative sentiment is further reinforced by the fear levels reflected in the ‘Fear and Greed Indicators.’ Monitoring economic events, market capitalizations, exchange volumes, and mining activities can provide valuable insights into the market’s present state and potential future direction.

So What

The negative trend and market sentiment indicate the importance of carefully assessing risks and market conditions before making any investment decisions. Traders and investors should remain vigilant and adapt their strategies to navigate through the current market challenges. Additionally, staying informed about the latest market developments and analyzing multiple sources of information is crucial to make informed decisions in these dynamic market conditions.

What next?

It is essential to closely monitor upcoming economic events, changes in market sentiment, and regulatory developments that may impact the cryptocurrency market. Increased market volatility and the potential for price fluctuations require investors to remain cautious and agile in their decision-making. As the cryptocurrency market continues to evolve, new opportunities and challenges will arise. Staying well-informed and adapting to changing market conditions will be key to navigating the future 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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