πŸ“ƒ Apr 17, 2025 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Up

In the cryptocurrency market, Bitcoin and Ethereum are showing a neutral to trending up pattern, while Binance Coin is performing positively. Bitcoin has been forming a great basing pattern, indicating a potential end to the recent price correction. Ethereum is exhibiting an imminent breakout, with analysts predicting a surge in price to $2,000. Binance Coin’s price remains stable with a slight positive variation. These trends are supported by the positive sentiment around Bitcoin’s parabolic ascension and the acceptance of Bitcoin and Ethereum for taxes and fees in Panama City. On the other hand, negative sentiment persists with warnings of a potential crypto bear market, the impact of U.S.-China trade tensions on Bitcoin’s price, and the ongoing crypto winter affecting major tokens. It’s important to note that China’s actions, such as selling seized Bitcoin and a crypto scam targeting Indians, have also influenced the sentiment in the market.
Overall, the market is currently in a state of consolidation, and it is crucial to closely monitor the developments in the market, as well as upcoming economic events and major news, to gain a comprehensive understanding of the market dynamics and potential future trends.

What is important

The current state of the cryptocurrency market is characterized by a consolidation phase, primarily led by Bitcoin, Ethereum, and Binance Coin. Bitcoin’s price is showing signs of stabilization after a recent price correction. Ethereum is expected to experience an imminent breakout that could lead to a surge in price. Binance Coin remains relatively stable with minor positive variation. Important news and events, such as the acceptance of Bitcoin and Ethereum for taxes and fees in Panama City and the ongoing crypto winter, are impacting the sentiment in the market. Additionally, China’s actions, including the sale of seized Bitcoin and a crypto scam affecting Indian investors, are generating negative sentiments. Thus, it is crucial to monitor the interplay between these market dynamics and upcoming economic events to gain a holistic understanding of the cryptocurrency market.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘ Bitcoin Likely at End of Price Correction As BTC Forms ‘Great Basing Pattern,’ According to Crypto Analyst
– Bitcoin is likely at the end of a price correction as it forms a great basing pattern, according to a crypto analyst.

πŸ‘Ž Crypto Winter Appears to Have Arrived With Bitcoin, Top 50 Tokens Falling Into Bear Market Territory: Coinbase Institutional
– Crypto winter has arrived with Bitcoin and top 50 tokens falling into bear market territory.

πŸ‘Ž Crypto Daybook Americas: Bitcoin Drop Deepens as U.S.-China Trade War Escalates
– Bitcoin drops as U.S.-China trade war escalates in 2025.

πŸ‘ Ethereum Breakout Imminent? Analyst Expects ETH Price Surge To $2,000
– An analyst expects Ethereum’s price to surge to $2000, predicting an imminent breakout.

πŸ‘Ž Coinbase Warns Of Crypto Bear Market, But Says A Recovery In 2025 Is Possible
– Coinbase warns of a crypto bear market but suggests a possible recovery in 2025.

Factors DrivingΒ the Growth – Market Sentiment

The most mentioned positive sentiment keywords in the news include terms such as Bitcoin, Ethereum, analyst, Solana, and cryptocurrency payments. On the other hand, negative sentiment keywords include Bitcoin, Coinbase, China, crypto winter, and cryptocurrency market. The repeated mentions of these keywords in recent news articles contribute to the sentiment in the cryptocurrency market, shaping investor perception and market trends.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
34bitcoin
7analyst
7solana
5crypto payments
5cryptocurrency
42025
4ethereum
4okx
4panama city
4solx

Negative Terms – Sentiment Analysis

OccurrencesKeyword
18bitcoin
9coinbase
4china
4crypto winter
4cryptocurrency market
4tokens
3ceo
3ethereum
3investors
3nvidia

Crypto Investor Fear & Greed Index

The ‘Fear and Greed Indicators’ illustrate the general sentiment of the cryptocurrency market. The indicators for Fear and Greed are primarily in the ‘Neutral’ range, with only a few instances of extreme fear or greed. These indicators offer insights into market participants’ emotional response and can help gauge market sentiment. It is important to consider the ‘Fear and Greed Indicators’ alongside other market factors to form a comprehensive analysis of the cryptocurrency market.

DateValueVariationSource
2025-04-16 00:00:0029pt-9ptAlternative.me
2025-04-16 00:00:0038pt0ptAlternative.me
2025-04-15 00:00:0031pt0ptAlternative.me
2025-04-15 00:00:0038pt7ptAlternative.me
2025-04-14 00:00:0031pt0ptAlternative.me
2025-04-16 00:00:0038pt7ptBitDegree.org
2025-04-15 00:00:0031pt0ptBitDegree.org
2025-04-14 00:00:0031pt0ptBitDegree.org
2025-04-16 08:00:0052pt-5ptBtcTools.io
2025-04-16 00:00:0057pt-8ptBtcTools.io
2025-04-15 16:00:0065pt-1ptBtcTools.io
2025-04-15 08:00:0066pt-1ptBtcTools.io
2025-04-15 00:00:0067pt2ptBtcTools.io
2025-04-14 16:00:0065pt3ptBtcTools.io
2025-04-14 00:00:0062pt0ptBtcTools.io
2025-04-16 00:00:0029pt-2ptCoinstats.app
2025-04-16 00:00:0031pt0ptCoinstats.app
2025-04-15 02:00:0031pt2ptCoinstats.app
2025-04-15 00:00:0029pt0ptCoinstats.app
2025-04-14 00:00:0029pt-3ptCoinstats.app
2025-04-14 00:00:0032pt0ptCoinstats.app

Bitcoin: Active Addresses

The ‘Bitcoin Address Indicators’ provide valuable insights into the active addresses and quantities of wallet addresses. The data indicates a stable number of total addresses, zero balance addresses, and addresses with various balance thresholds. The number of active addresses is showing a slight decrease, while the quantity of wallet addresses in different balance ranges remains relatively stable. These indicators reveal the overall activity and engagement of participants within the Bitcoin network.

DateAddressesVariationIndicatorSource
2025-04-16 23:00:001,391,980,5200.00%Total Addressesbitaps.com
2025-04-16 23:00:001,339,118,9450.00%Zero Balance Addressesbitaps.com
2025-04-16 23:00:00726,317-0.56%Bitcoin Active Addressesbtc.com
2025-04-16 23:00:00540,1890.00%Addresses with over 0bitaps.com
2025-04-16 23:00:00219,2230.00%Addresses with over 0.0000001bitaps.com
2025-04-16 23:00:004,071,4200.00%Addresses with over 0.000001bitaps.com
2025-04-16 23:00:0010,831,4090.00%Addresses with over 0.00001bitaps.com
2025-04-16 23:00:0013,223,0490.02%Addresses with over 0.0001bitaps.com
2025-04-16 23:00:0011,585,6050.02%Addresses with over 0.001bitaps.com
2025-04-16 23:00:007,915,5400.00%Addresses with over 0.01bitaps.com
2025-04-16 23:00:003,481,4680.00%Addresses with over 0.1bitaps.com
2025-04-16 23:00:00841,6660.00%Addresses with over 1bitaps.com
2025-04-16 23:00:00134,011-0.01%Addresses with over 10bitaps.com
2025-04-16 23:00:0015,8880.00%Addresses with over 100bitaps.com
2025-04-16 23:00:002,0140.05%Addresses with over 1,000bitaps.com
2025-04-16 23:00:00890.00%Addresses with over 10,000bitaps.com
2025-04-16 23:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The monitored ‘Economic Events’ in the global financial market offer key insights into various economic indicators impacting the cryptocurrency market. These events include data related to housing starts, jobless claims, industrial production, retail sales, and interest rate decisions. These economic events can influence market sentiment and contribute to price movements in the cryptocurrency market. It is crucial to closely track these events as they provide valuable context for understanding the broader financial landscape and its potential impact on the cryptocurrency market.

DateImpactEvent
2025-04-17 14:30:00ModerateEIA Natural Gas Report Week over Week
2025-04-17 12:30:00HighHousing Starts and Permits Permits – Annual Rate
2025-04-17 12:30:00HighJobless Claims 4-Week Moving Average
2025-04-17 12:30:00HighJobless Claims Initial Claims – Level
2025-04-17 12:30:00HighHousing Starts and Permits Starts – Annual Rate
2025-04-17 12:30:00ModeratePhiladelphia Fed Manufacturing Index Index
2025-04-17 12:30:00HighJobless Claims Initial Claims – Change
2025-04-16 23:50:00ModerateJPY – Trade Balance (Mar)
2025-04-16 23:50:00ModerateJPY – Exports (YoY) (Mar)
2025-04-16 23:50:00ModerateJPY – Adjusted Trade Balance
2025-04-16 22:45:00ModerateNZD – CPI (QoQ) (Q1)
2025-04-16 22:45:00ModerateNZD – CPI (YoY) (Q1)
2025-04-16 20:00:00ModerateUSD – TIC Net Long-Term Transactions (Feb)
2025-04-16 20:00:00ModerateTreasury International Capital Net Long-Term Securities Transactions
2025-04-16 17:15:00HighUSD – Fed Chair Powell Speaks
2025-04-16 17:00:00ModerateUSD – Atlanta Fed GDPNow (Q1)
2025-04-16 17:00:00ModerateUSD – 20-Year Bond Auction
2025-04-16 14:30:00ModerateCAD – BOC Press Conference
2025-04-16 14:30:00ModerateUSD – Cushing Crude Oil Inventories
2025-04-16 14:30:00HighUSD – Crude Oil Inventories
2025-04-16 14:30:00HighEIA Petroleum Status Report Crude Oil Inventories – W/W
2025-04-16 14:30:00HighEIA Petroleum Status Report Distillate Inventories – W/W
2025-04-16 14:30:00HighEIA Petroleum Status Report Gasoline Inventories – W/W
2025-04-16 14:00:00ModerateUSD – Retail Inventories Ex Auto (Feb)
2025-04-16 14:00:00ModerateUSD – Business Inventories (MoM) (Feb)
2025-04-16 14:00:00ModerateBusiness Inventories Month over Month
2025-04-16 14:00:00ModerateBusiness Inventories Manufacturing Inventories
2025-04-16 14:00:00ModerateBusiness Inventories Retail Inventories
2025-04-16 14:00:00ModerateBusiness Inventories Wholesale Inventories
2025-04-16 14:00:00ModerateHousing Market Index Index
2025-04-16 13:45:00HighCAD – BoC Interest Rate Decision
2025-04-16 13:45:00ModerateCAD – BoC Rate Statement
2025-04-16 13:45:00ModerateCAD – BoC Monetary Policy Report
2025-04-16 13:15:00ModerateUSD – Industrial Production (YoY) (Mar)
2025-04-16 13:15:00ModerateUSD – Industrial Production (MoM) (Mar)
2025-04-16 13:15:00HighIndustrial Production Industrial Production – M/M
2025-04-16 13:15:00HighIndustrial Production Capacity Utilization Rate
2025-04-16 13:15:00HighIndustrial Production Manufacturing Output – M/M
2025-04-16 12:30:00HighUSD – Retail Sales (MoM) (Mar)
2025-04-16 12:30:00ModerateUSD – Retail Control (MoM) (Mar)
2025-04-16 12:30:00HighUSD – Core Retail Sales (MoM) (Mar)
2025-04-16 12:30:00HighRetail Sales Retail Sales – M/M
2025-04-16 12:30:00HighRetail Sales Ex-Vehicles & Gas – M/M
2025-04-16 12:30:00HighRetail Sales Ex-Vehicles – M/M
2025-04-16 09:00:00HighEUR – CPI (YoY) (Mar)
2025-04-16 09:00:00ModerateEUR – CPI (MoM) (Mar)
2025-04-16 09:00:00ModerateEUR – Core CPI (YoY) (Mar)
2025-04-16 06:00:00ModerateGBP – CPIH (YoY)
2025-04-16 06:00:00ModerateGBP – CPI (MoM) (Mar)
2025-04-16 06:00:00HighGBP – CPI (YoY) (Mar)
2025-04-16 02:00:00ModerateCNY – NBS Press Conference
2025-04-16 02:00:00ModerateCNY – Chinese Unemployment Rate (Mar)
2025-04-16 02:00:00ModerateCNY – Chinese Industrial Production YTD (YoY) (Mar)
2025-04-16 02:00:00ModerateCNY – Industrial Production (YoY) (Mar)
2025-04-16 02:00:00ModerateCNY – Chinese GDP YTD (YoY) (Q1)
2025-04-16 02:00:00HighCNY – GDP (YoY) (Q1)
2025-04-16 02:00:00ModerateCNY – GDP (QoQ) (Q1)
2025-04-16 02:00:00ModerateCNY – Fixed Asset Investment (YoY) (Mar)

Crypto Assets Prices

The ‘Prices’ table displays the recent price variations and volatility in the major cryptocurrencies. Bitcoin has shown minor price variation with slight positive sentiment for the last 24 hours. Ethereum experienced a dip in price, accompanied by negative sentiment. Binance Coin remained relatively stable with slight positive variation. These price movements reflect the ongoing market dynamics and influences from economic events, news, and investor sentiments.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-04-16 23:40:00Bitcoin84,121.140.52%0.571.64%2.87-0.56%
2025-04-15 23:40:00Bitcoin83,687.90-1.19%-1.07-2.17%3.440.90%
2025-04-14 23:40:00Bitcoin84,685.691.37%1.113.16%2.54-1.16%
2025-04-16 23:40:00Ethereum1,574.12-1.22%-0.920.95%4.91-0.02%
2025-04-15 23:40:00Ethereum1,593.34-2.13%-1.87-3.72%4.93-1.08%
2025-04-14 23:40:00Ethereum1,627.202.18%1.845.03%6.010.40%
2025-04-16 23:40:00Binance Coin582.650.43%0.541.29%1.910.04%
2025-04-15 23:40:00Binance Coin580.17-0.91%-0.75-0.95%1.870.16%
2025-04-14 23:40:00Binance Coin585.460.30%0.202.48%1.71-1.45%

CryptocurrencyΒ Capitalization and Volume

The ‘Market Capitalizations and Volumes’ table provides insights into the total market capitalization and volume of major cryptocurrencies. It illustrates the recent capitalization and volume variations for cryptocurrencies like Bitcoin, Ethereum, and Tether. The data reveals the overall market trends and provides key information for understanding the investor sentiment and market dynamics. It is important to closely monitor the changes in capitalization and volume to gain a comprehensive view of the cryptocurrency market.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-04-16 00:00:00Binance Coin84,559,514,026-0.79%488,130,8400.54%
2025-04-15 00:00:00Binance Coin85,232,414,2580.08%485,500,837-1.79%
2025-04-14 00:00:00Binance Coin85,163,419,811-2.22%494,329,1230.26%
2025-04-16 00:00:00Bitcoin1,660,632,372,164-1.07%26,520,313,516-20.32%
2025-04-15 00:00:00Bitcoin1,678,554,600,0491.09%33,281,879,78815.67%
2025-04-14 00:00:00Bitcoin1,660,460,168,652-1.94%28,771,903,19328.93%
2025-04-16 00:00:00Ethereum191,668,831,380-2.26%11,861,765,005-23.36%
2025-04-15 00:00:00Ethereum196,102,456,1781.80%15,476,894,13618.56%
2025-04-14 00:00:00Ethereum192,626,354,262-3.00%13,053,736,92714.21%
2025-04-16 00:00:00Tether144,562,327,81317,833.84%36,829,484,739226,258.73%
2025-04-16 00:00:00Tether806,746,053-99.44%14,488,609-99.96%
2025-04-15 00:00:00Tether144,329,501,78317,803.79%30,648,414,024353,717.16%
2025-04-15 00:00:00Tether806,086,879-99.44%16,270,406-99.95%
2025-04-14 00:00:00Tether144,347,514,47217,801.62%45,989,536,512729,068.34%
2025-04-14 00:00:00Tether806,139,582-99.44%8,662,218-99.98%

Cryptocurrency Exchanges Volume and Variation

The ‘Exchanges’ table displays the recent volumes and variations in major cryptocurrency exchanges. It provides insights into the trading activities and trader sentiments on exchanges like Binance, Binance US, Bitfinex, Bybit, Coinbase, Crypto.com, Gate.io, Kraken, KuCoin, and OKX. The table highlights both positive and negative volume variations, reflecting the changing trading volumes and investor sentiment on these platforms. The performance of these exchanges contributes to the overall market trends and can impact the price movements in the cryptocurrency market.

DateExchangeVolumeVariation
2025-04-16 00:00:00Binance154,869-15.35%
2025-04-15 00:00:00Binance182,94714.27%
2025-04-14 00:00:00Binance160,10715.30%
2025-04-16 00:00:00Binance US60-16.67%
2025-04-15 00:00:00Binance US7216.13%
2025-04-14 00:00:00Binance US620.00%
2025-04-16 00:00:00Bitfinex1,124-18.49%
2025-04-15 00:00:00Bitfinex1,379-7.01%
2025-04-14 00:00:00Bitfinex1,48327.30%
2025-04-16 00:00:00Bybit28,607-14.89%
2025-04-15 00:00:00Bybit33,61110.06%
2025-04-14 00:00:00Bybit30,53810.99%
2025-04-16 00:00:00Coinbase24,335-13.54%
2025-04-15 00:00:00Coinbase28,1477.81%
2025-04-14 00:00:00Coinbase26,10815.45%
2025-04-16 00:00:00Crypto.com24,708-26.25%
2025-04-15 00:00:00Crypto.com33,50117.70%
2025-04-14 00:00:00Crypto.com28,46334.23%
2025-04-16 00:00:00Gate.io32,761-13.90%
2025-04-15 00:00:00Gate.io38,051-3.25%
2025-04-14 00:00:00Gate.io39,330-13.55%
2025-04-16 00:00:00Kraken11,688-8.95%
2025-04-15 00:00:00Kraken12,83770.03%
2025-04-14 00:00:00Kraken7,550-2.52%
2025-04-16 00:00:00KuCoin11,977-11.95%
2025-04-15 00:00:00KuCoin13,602-0.64%
2025-04-14 00:00:00KuCoin13,68911.03%
2025-04-16 00:00:00OKX29,002-13.63%
2025-04-15 00:00:00OKX33,5770.47%
2025-04-14 00:00:00OKX33,4197.38%

Mining – Blockchain Technology

The ‘Mining’ table showcases essential metrics related to the mining process in the cryptocurrency market, including difficulty, mined blocks, block rewards, and hash rate. It offers an overview of the recent changes in these metrics, which can impact the overall mining ecosystem and, consequently, the validation of transactions and security of the network. Analyzing these metrics provides insights into the current state of the cryptocurrency mining industry and its potential implications for the market.

Item2025-04-162025-04-152025-04-142025-04-132025-04-122025-04-112025-04-10
Difficulty121.51T121.51T121.51T121.51T121.51T121.51T121.51T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks892.60K892.46K892.31K892.14K891.99K891.85K891.70K
Blocks Variation0.02%0.02%0.02%0.02%0.02%0.02%0.01%
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 GB864.03B895.15B1.05T869.79B895.15B883.03B791.92B
Hash Rate GB Variation-3.48%-14.41%20.24%-2.83%1.37%11.51%-13.81%

Conclusion

In conclusion, the cryptocurrency market is currently showing a consolidation phase, with Bitcoin, Ethereum, and Binance Coin as the key players. Bitcoin is forming a great basing pattern, indicating a potential end to the price correction. Ethereum is poised for an imminent breakout and a surge in price. Binance Coin remains stable. Bearish sentiments are present due to warnings of a potential crypto bear market and negative news surrounding China and Coinbase. On the positive side, the acceptance of Bitcoin and Ethereum for taxes and fees in Panama City and positive price predictions for Bitcoin and Ethereum contribute to a more optimistic outlook. The market sentiment is further influenced by economic events, exchange activities, mining metrics, and ongoing news developments. It is important to closely monitor these factors to gain a comprehensive understanding of the cryptocurrency market.

So What

The current state of the cryptocurrency market holds implications for investors and market participants. It is important to remain vigilant and informed about the sentiments, news, and developments within the market. Investors should consider diversifying their portfolios and evaluating potential opportunities that align with their risk tolerance and investment strategies. Taking a well-informed approach and keeping a close eye on the market dynamics will be crucial in navigating the ever-evolving cryptocurrency landscape.

What next?

Looking ahead, the cryptocurrency market is expected to show further developments in line with ongoing economic events, regulatory changes, and news developments. It’s essential to track upcoming economic indicators, key news releases, and market sentiment to gain insights into potential future trends. Additionally, continued monitoring of the major cryptocurrencies, exchanges, and mining ecosystem will provide valuable information to understand and forecast the next phase of the market. As the cryptocurrency market remains dynamic and unpredictable, proactive and diligent analysis will contribute to making informed investment decisions and capitalizing on potential opportunities.

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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