πŸ“ƒ Apr 29, 2025 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Up

The cryptocurrency market has shown a neutral to trending up trend in the last 24 hours, with evidence suggesting potential growth and positive sentiment. Several key factors contribute to this analysis. Firstly, Bitcoin, the leading cryptocurrency, has experienced a positive price variation, indicating a potential positive trend. The pricep surge in Monero and XRP also adds to the positive sentiment. Additionally, news of the launch of Coinbase’s Bitcoin yield fund for institutional investors further strengthens the positive market outlook.

Confidence in this analysis is supported by the recent performance of the market, as evidenced by the tables and data provided. However, as the cryptocurrency market is highly volatile, it is important to consider the potential risks and uncertainties.

What is important

Key points to understand the current state of the cryptocurrency market:

– Bitcoin, Monero, and XRP have all shown positive price variations in the last 24 hours, indicating potential upward trends.
– The launch of Coinbase’s Bitcoin yield fund for institutional investors is a positive development, providing opportunities for passive income.
– Market participants should be aware of the inherent volatility in the cryptocurrency market and exercise caution when making investment decisions.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘ Howard Lutnick: Bitcoin is AmericaΒ΄s new gold under Trump
– Howard Lutnick believes Bitcoin is AmericaΒ΄s new gold under Trump.

πŸ‘ Monero Price Jumps 50% Amid $330M Suspicious Bitcoin Transfer
– Monero price surges by 50% following a suspicious $330 million Bitcoin transfer.

πŸ‘Ž MoneroΒ΄s 50% price pump likely tied to $330m theft from OG Bitcoiner, ZachXBT says
– MoneroΒ΄s 50% price surge may be linked to a $330 million theft from Zachxbt, a prominent Bitcoin user.

πŸ‘ Veteran Fund Manager Predicts $6K Gold and Bitcoin Rallying to $120K–$150K
– A veteran fund manager predicts a rise in gold prices to $6,000 and Bitcoin to $120,000 – $150,000.

πŸ‘Ž Monero Suddenly Explodes 41% After Hackers Launder $330,000,000 in Bitcoin With XMR
– MoneroΒ΄s value surges by 41% following hackersΒ΄ laundering of $330,000,000 in Bitcoin using XMR.

Factors DrivingΒ the Growth – Market Sentiment

In the analysis of positive and negative sentiment keywords, Bitcoin, Monero, and XRP are among the most mentioned cryptocurrencies. Positive sentiment is commonly associated with price surges, institutional support, and the potential role of Bitcoin as a store of value. On the other hand, negative sentiment is linked to issues such as theft, security, and market breakdown.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
54bitcoin
11coinbase
9gold
8xrp
7mastercard
6presale
52025
5crypto
5ethereum
5price surge

Negative Terms – Sentiment Analysis

OccurrencesKeyword
7bitcoin
5cryptocurrency market
5monero
2bankera
2bitcoin core developer
2bitcoin mining
2bitget
2bots
2breakdown
2crypto

Crypto Investor Fear & Greed Index

The Fear and Greed indicators show a mixed sentiment in the cryptocurrency market. While some indicators suggest fear or extreme fear, others indicate greed or extreme greed. It is important to consider the impact of these emotions on market dynamics and the potential implications for investor behavior.

DateValueVariationSource
2025-04-29 00:00:0060pt6ptAlternative.me
2025-04-28 00:00:0054pt-7ptAlternative.me
2025-04-27 00:00:0061pt0ptAlternative.me
2025-04-29 00:00:0060pt6ptBitDegree.org
2025-04-28 00:00:0054pt-7ptBitDegree.org
2025-04-27 00:00:0061pt0ptBitDegree.org
2025-04-29 00:00:0068pt0ptBtcTools.io
2025-04-28 17:00:0068pt-2ptBtcTools.io
2025-04-28 08:00:0070pt1ptBtcTools.io
2025-04-28 00:00:0069pt-1ptBtcTools.io
2025-04-27 16:00:0070pt-1ptBtcTools.io
2025-04-27 00:00:0071pt1ptBtcTools.io
2025-04-26 08:00:0070pt0ptBtcTools.io
2025-04-29 00:00:0053pt2ptCoinstats.app
2025-04-28 00:00:0051pt-2ptCoinstats.app
2025-04-28 00:00:0053pt0ptCoinstats.app
2025-04-27 00:00:0053pt0ptCoinstats.app

Bitcoin: Active Addresses

The Bitcoin Address Indicators table provides insight into the activity and growth of Bitcoin addresses. The total number of addresses and active addresses has shown an upward trend. Furthermore, the presence of addresses with different balance thresholds highlights the diversity of Bitcoin holders and the distribution of wealth within the network.

DateAddressesVariationIndicatorSource
2025-04-29 07:00:001,395,661,1690.00%Total Addressesbitaps.com
2025-04-29 07:00:001,342,702,8940.00%Zero Balance Addressesbitaps.com
2025-04-29 07:00:00809,9460.30%Bitcoin Active Addressesbtc.com
2025-04-29 07:00:00540,1500.00%Addresses with over 0bitaps.com
2025-04-29 07:00:00219,2220.00%Addresses with over 0.0000001bitaps.com
2025-04-29 07:00:004,068,5360.01%Addresses with over 0.000001bitaps.com
2025-04-29 07:00:0010,865,5740.00%Addresses with over 0.00001bitaps.com
2025-04-29 07:00:0013,295,9850.01%Addresses with over 0.0001bitaps.com
2025-04-29 07:00:0011,568,024-0.01%Addresses with over 0.001bitaps.com
2025-04-29 07:00:007,925,579-0.01%Addresses with over 0.01bitaps.com
2025-04-29 07:00:003,482,2230.00%Addresses with over 0.1bitaps.com
2025-04-29 07:00:00841,0130.00%Addresses with over 1bitaps.com
2025-04-29 07:00:00133,909-0.02%Addresses with over 10bitaps.com
2025-04-29 07:00:0015,9640.01%Addresses with over 100bitaps.com
2025-04-29 07:00:002,0040.00%Addresses with over 1,000bitaps.com
2025-04-29 07:00:00880.00%Addresses with over 10,000bitaps.com
2025-04-29 07:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The Economic Events table offers a snapshot of key economic indicators relevant to the cryptocurrency market. These events include reports on petroleum inventories, personal income and outlays, job openings, and other economic data. Traders and investors should monitor these events as they may impact market sentiment and price movements.

DateImpactEvent
2025-04-30 14:30:00HighEIA Petroleum Status Report Gasoline Inventories – W/W
2025-04-30 14:30:00HighEIA Petroleum Status Report Distillate Inventories – W/W
2025-04-30 14:30:00HighEIA Petroleum Status Report Crude Oil Inventories – W/W
2025-04-30 14:00:00HighPersonal Income and Outlays Personal Income – M/M
2025-04-30 14:00:00ModeratePending Home Sales Index Month over Month
2025-04-30 14:00:00HighPersonal Income and Outlays PCE Price Index – Y/Y
2025-04-30 14:00:00HighPersonal Income and Outlays Core PCE Price Index – Y/Y
2025-04-30 14:00:00ModeratePending Home Sales Index Index
2025-04-30 14:00:00HighPersonal Income and Outlays Core PCE Price Index – M/M
2025-04-30 14:00:00HighPersonal Income and Outlays PCE Price Index – M/M
2025-04-30 14:00:00HighPersonal Income and Outlays Personal Consumption Expenditures – M/M
2025-04-30 13:45:00ModerateChicago PMI Index
2025-04-30 12:30:00ModerateEmployment Cost Index Quarter over Quarter
2025-04-30 12:30:00ModerateEmployment Cost Index Year over Year
2025-04-30 12:30:00HighGDP Personal Consumption Expenditures – Annual Rate
2025-04-30 12:30:00HighGDP Quarter over Quarter – Annual Rate
2025-04-30 12:15:00ModerateADP Employment Report Private Payrolls – M/M
2025-04-29 23:50:00ModerateJPY – Industrial Production (MoM) (Mar)
2025-04-29 20:30:00ModerateUSD – API Weekly Crude Oil Stock
2025-04-29 14:30:00ModerateUSD – Atlanta Fed GDPNow (Q1)
2025-04-29 14:00:00HighUSD – JOLTS Job Openings (Mar)
2025-04-29 14:00:00HighUSD – CB Consumer Confidence (Apr)
2025-04-29 14:00:00HighConsumer Confidence Index
2025-04-29 14:00:00ModerateJOLTS Job Openings
2025-04-29 13:00:00ModerateUSD – S&P/CS HPI Composite – 20 n.s.a. (MoM) (Feb)
2025-04-29 13:00:00ModerateUSD – S&P/CS HPI Composite – 20 n.s.a. (YoY) (Feb)
2025-04-29 13:00:00ModerateCase-Shiller Home Price Index 20-City Unadjusted – Y/Y
2025-04-29 13:00:00ModerateCase-Shiller Home Price Index 20-City Unadjusted – M/M
2025-04-29 13:00:00ModerateCase-Shiller Home Price Index 20-City Adjusted – M/M
2025-04-29 12:30:00ModerateUSD – Retail Inventories Ex Auto (Mar)
2025-04-29 12:30:00ModerateUSD – Goods Trade Balance (Mar)
2025-04-29 12:30:00HighInternational Trade in Goods (Advance) Balance
2025-04-29 12:30:00HighInternational Trade in Goods (Advance) Imports – M/M
2025-04-29 12:30:00HighInternational Trade in Goods (Advance) Exports – M/M
2025-04-29 09:40:00ModerateGBP – MPC Member Ramsden Speaks
2025-04-29 09:10:00ModerateEUR – Italian 10-Year BTP Auction
2025-04-29 09:00:00ModerateGBP – BoE Deputy Governor Woods Speaks
2025-04-29 07:00:00ModerateEUR – Spanish HICP (YoY) (Apr)
2025-04-29 07:00:00ModerateEUR – Spanish GDP (QoQ) (Q1)
2025-04-29 07:00:00ModerateEUR – Spanish CPI (YoY) (Apr)
2025-04-29 06:00:00ModerateEUR – GfK German Consumer Climate (May)
2025-04-29 02:05:00ModerateAUD – RBA Assist Gov Kent Speaks
2025-04-28 16:00:00ModerateEUR – German Buba Mauderer Speaks
2025-04-28 13:00:00ModerateEUR – ECBΒ΄s De Guindos Speaks
2025-04-28 12:30:00ModerateCAD – Wholesale Sales (MoM) (Mar)
2025-04-28 12:00:00ModerateCAD – Canadian Federal Election
2025-04-28 10:00:00ModerateEUR – France Jobseekers Total (Mar)

Crypto Assets Prices

The Prices table reflects recent price variations in the major cryptocurrencies. Bitcoin, Ethereum, and Binance Coin have shown both positive and negative price variations, demonstrating the volatility of the market. It is important to consider market trends, trading volumes, and news events that may impact price movements.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-04-29 07:39:00Bitcoin94,783.060.12%0.10-0.54%2.340.24%
2025-04-28 07:39:00Bitcoin94,665.320.66%0.641.20%2.100.27%
2025-04-27 07:39:00Bitcoin94,037.31-0.78%-0.56-1.63%1.83-0.54%
2025-04-29 07:39:00Ethereum1,820.500.73%0.870.67%4.771.16%
2025-04-28 07:39:00Ethereum1,807.300.29%0.200.11%3.61-0.80%
2025-04-27 07:39:00Ethereum1,802.02-0.17%0.08-1.48%4.410.43%
2025-04-29 07:39:00Binance Coin609.910.62%0.76-0.26%2.020.37%
2025-04-28 07:39:00Binance Coin606.121.01%1.031.41%1.65-0.40%
2025-04-27 07:39:00Binance Coin600.02-0.69%-0.38-0.01%2.05-0.01%

CryptocurrencyΒ Capitalization and Volume

The Market Capitalizations and Volumes table provides an overview of the total market capitalization and volume of major cryptocurrencies. The recent data shows both positive and negative variations, indicating the dynamic nature of the market. Traders should pay attention to these indicators as they reflect overall market sentiment and investment trends.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-04-29 00:00:00Binance Coin88,463,125,6060.45%651,060,45118.56%
2025-04-28 00:00:00Binance Coin88,070,553,147-0.68%549,150,398-11.96%
2025-04-27 00:00:00Binance Coin88,670,651,0041.25%623,735,080-34.04%
2025-04-29 00:00:00Bitcoin1,886,902,042,9801.29%31,781,800,48899.77%
2025-04-28 00:00:00Bitcoin1,862,839,474,456-0.90%15,908,858,9125.58%
2025-04-27 00:00:00Bitcoin1,879,769,539,121-0.13%15,067,656,910-61.89%
2025-04-29 00:00:00Ethereum217,303,751,0860.34%16,525,115,08569.25%
2025-04-28 00:00:00Ethereum216,570,663,851-1.49%9,763,941,330-3.26%
2025-04-27 00:00:00Ethereum219,851,192,4321.77%10,092,598,780-38.61%
2025-04-29 00:00:00Tether147,276,091,0770.07%31,356,262,621-0.98%
2025-04-28 00:00:00Tether147,176,720,6720.00%31,667,788,53768.30%
2025-04-27 00:00:00Tether147,170,213,7700.73%18,815,783,319-70.70%

Cryptocurrency Exchanges Volume and Variation

The Exchanges table presents the total volume of major cryptocurrency exchanges. The data demonstrates the significant variation in trading volume across different exchanges. Traders and investors should consider liquidity, trading fees, and security measures when choosing a cryptocurrency exchange.

DateExchangeVolumeVariation
2025-04-29 00:00:00Binance179,18251.41%
2025-04-28 00:00:00Binance118,346-7.94%
2025-04-27 00:00:00Binance128,555-38.47%
2025-04-29 00:00:00Binance US8643.33%
2025-04-28 00:00:00Binance US6022.45%
2025-04-27 00:00:00Binance US49-47.31%
2025-04-29 00:00:00Bitfinex3,078119.23%
2025-04-28 00:00:00Bitfinex1,40451.46%
2025-04-27 00:00:00Bitfinex927-69.34%
2025-04-29 00:00:00Bybit33,27758.33%
2025-04-28 00:00:00Bybit21,017-6.01%
2025-04-27 00:00:00Bybit22,361-39.75%
2025-04-29 00:00:00Coinbase31,38086.49%
2025-04-28 00:00:00Coinbase16,827-10.19%
2025-04-27 00:00:00Coinbase18,737-59.28%
2025-04-29 00:00:00Crypto.com24,01887.60%
2025-04-28 00:00:00Crypto.com12,8038.58%
2025-04-27 00:00:00Crypto.com11,791-55.88%
2025-04-29 00:00:00Gate.io38,96047.69%
2025-04-28 00:00:00Gate.io26,379-17.74%
2025-04-27 00:00:00Gate.io32,067-28.12%
2025-04-29 00:00:00Kraken12,980166.31%
2025-04-28 00:00:00Kraken4,874-15.37%
2025-04-27 00:00:00Kraken5,759-62.16%
2025-04-29 00:00:00KuCoin16,13975.84%
2025-04-28 00:00:00KuCoin9,1781.83%
2025-04-27 00:00:00KuCoin9,013-23.22%
2025-04-29 00:00:00OKX35,18172.35%
2025-04-28 00:00:00OKX20,413-12.58%
2025-04-27 00:00:00OKX23,350-35.43%

Mining – Blockchain Technology

The Mining table reflects key mining indicators such as difficulty, blocks, rewards, and hash rate. It is important to note the stability of difficulty and the variations in blocks and hash rate. These factors contribute to the overall security and stability of the blockchain network.

Item2025-04-292025-04-282025-04-272025-04-262025-04-252025-04-242025-04-23
Difficulty123.23T123.23T123.23T123.23T123.23T123.23T123.23T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks894.39K894.25K894.12K893.98K893.84K893.70K893.58K
Blocks Variation0.02%0.02%0.01%0.02%0.02%0.01%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 GB857.84B833.52B803.17B901.68B857.84B704.78B938.45B
Hash Rate GB Variation2.92%3.78%-10.93%5.11%21.72%-24.90%19.68%

Conclusion

In conclusion, the cryptocurrency market has shown a generally positive sentiment in the last 24 hours, with key cryptocurrencies experiencing positive price movements and market developments. The recent launch of Coinbase’s Bitcoin yield fund for institutional investors and the increasing interest in gold-backed tokens further contribute to the positive market outlook. However, it is essential to remain attentive to market volatility and the potential impact of economic events on the cryptocurrency market.

Considering the evidence and confidence in the analysis, cautious optimism can be maintained for the next 8 hours.

So What

The current state of the cryptocurrency market implies potential opportunities for investors and traders. Positive trends and market developments suggest the presence of bullish sentiment and the potential for positive returns. However, it is crucial to apply risk management strategies and stay informed about regulatory developments and market dynamics, as this market can be highly volatile.

What next?

Looking forward, it is essential to monitor market developments, such as regulatory changes, technological advancements, and market sentiment. These factors can impact the cryptocurrency market’s trajectory and affect investor sentiment. Traders and investors should stay informed, conduct thorough research, and consider diversification strategies to navigate the evolving landscape 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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