πŸ“ƒ Jan 10, 2025 – USA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Down

Over the past 24 hours, the cryptocurrency market has shown a neutral to downward trend. Despite some positive indicators such as the predictions of a new all-time high for Ethereum’s price and the growth of Binance with an increase in the number of users, there are several negative factors that contribute to the overall sentiment. Bitcoin’s price has experienced a crash, which has led to concerns among investors. Additionally, there has been a decline in social sentiment around Dogecoin and a pullback in the price of Ethereum. These factors have contributed to the neutral to downward trend observed in the market.

When analyzing the market trend, it is essential to consider multiple factors and indicators to get a comprehensive understanding of the current state. Confidence in the analysis is medium due to the mixed nature of the market indicators and the potential influence of external factors such as regulatory decisions and global economic conditions. It is crucial to follow developments closely and monitor key indicators to make informed investment decisions.

What is important

In the current state of the cryptocurrency market, several factors are important to consider. Firstly, the market has been impacted by a crash in Bitcoin’s price, leading to concerns among investors. This has introduced some uncertainty and has raised questions about the overall stability of the market. Additionally, the performance of major cryptocurrencies such as Ethereum and Dogecoin has been mixed, with Ethereum experiencing a pullback in price and Dogecoin seeing a decline in social sentiment. Furthermore, the growth of Binance and its increasing number of users highlight the continued interest and participation in the market. It is crucial to monitor these factors and their potential impact on the overall market sentiment and direction.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘Ž US cleared to sell $6.5B in Bitcoin β€” Will it crash BTC price?
– The US cleared to sell $6.5B Bitcoin after the crash in BTC price.

πŸ‘Ž What To Expect After The Bitcoin Price Crash Below $100,000
– Bitcoin price crashes to $100,000.

πŸ‘ Analyst Predicts New Ethereum Price ATH Amid FidelityΒ΄s $103m ETH Transfer
– An analyst predicts a new all-time high for EthereumΒ΄s price following FidelityΒ΄s transfer of $103 million worth of ETH.

πŸ‘ Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade
– Ethereum price is predicted to reach $12,000.

πŸ‘Ž Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
– Bitcoin price crashes to $200,000

Factors DrivingΒ the Growth – Market Sentiment

The most mentioned positive sentiment keywords in the news in the last 24 hours are Bitcoin, Ethereum, cryptocurrency market, investors, XRP, cryptocurrencies, Doge, Lightchain AI, and presale. On the other hand, the most mentioned negative sentiment keywords are Bitcoin, crash, Bitcoin miners, price, Thai authorities, cryptocurrency market, Dogecoin, and Ethereum.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
16bitcoin
13dogecoin
12cryptocurrency market
9ethereum
9investors
8xrp
7cryptocurrencies
7doge
6lightchain ai
6presale

Negative Terms – Sentiment Analysis

OccurrencesKeyword
18bitcoin
5crash
4bitcoin miners
4price
4thai authorities
3cryptocurrency market
3dogecoin
3ethereum
2bitcoin fear & greed index
2bitcoin landfill hard drive

Crypto Investor Fear & Greed Index

The ‘Fear and Greed Indicators’ table shows a mixed sentiment in the cryptocurrency market. The fear and greed indicators vary across different sources, indicating a range of sentiments from extreme fear to extreme greed. It is important to note that the fear and greed indicators are influenced by multiple factors such as price volatility, market trends, and investor sentiment. As such, interpreting these indicators requires a comprehensive analysis of the overall market conditions.

DateValueVariationSource
2025-01-10 00:00:0050pt-19ptAlternative.me
2025-01-09 00:00:0069pt-1ptAlternative.me
2025-01-08 00:00:0070pt0ptAlternative.me
2025-01-09 00:00:0069pt-1ptBinance.com
2025-01-08 00:00:0070pt0ptBinance.com
2025-01-10 00:00:0050pt-19ptBitDegree.org
2025-01-09 00:00:0069pt-9ptBitDegree.org
2025-01-08 00:00:0078pt0ptBitDegree.org
2025-01-10 08:00:0046pt6ptBtcTools.io
2025-01-10 00:00:0040pt-4ptBtcTools.io
2025-01-09 16:00:0044pt-1ptBtcTools.io
2025-01-09 00:00:0045pt7ptBtcTools.io
2025-01-08 16:00:0038pt-23ptBtcTools.io
2025-01-08 08:00:0061pt-1ptBtcTools.io
2025-01-08 00:00:0062pt3ptBtcTools.io
2025-01-07 16:00:0059pt0ptBtcTools.io
2025-01-10 00:00:0049pt-5ptCoinstats.app
2025-01-09 00:00:0054pt-12ptCoinstats.app
2025-01-09 00:00:0066pt0ptCoinstats.app
2025-01-08 00:00:0060pt0ptCoinstats.app
2025-01-08 00:00:0066pt6ptCoinstats.app

Bitcoin: Active Addresses

The ‘Bitcoin Address Indicators’ table demonstrates the active addresses of Bitcoin wallets and the quantities of wallet addresses based on balance values. The data shows variations in the number of addresses with different balance thresholds over time. It is important to track these indicators as they provide insights into the activity and engagement in the Bitcoin network.

DateAddressesVariationIndicatorSource
2025-01-07 01:00:001,360,813,9810.00%Total Addressesbitaps.com
2025-01-07 01:00:00766,6750.59%Bitcoin Active Addressesbtc.com
2025-01-07 01:00:00540,3350.00%Addresses with over 0bitaps.com
2025-01-07 01:00:00219,2220.00%Addresses with over 0.0000001bitaps.com
2025-01-07 01:00:004,050,7310.00%Addresses with over 0.000001bitaps.com
2025-01-07 01:00:0010,845,5570.00%Addresses with over 0.00001bitaps.com
2025-01-07 01:00:0013,077,4360.00%Addresses with over 0.0001bitaps.com
2025-01-07 01:00:0011,524,347-0.02%Addresses with over 0.001bitaps.com
2025-01-07 01:00:007,881,524-0.01%Addresses with over 0.01bitaps.com
2025-01-07 01:00:003,475,066-0.01%Addresses with over 0.1bitaps.com
2025-01-07 01:00:00841,4470.00%Addresses with over 1bitaps.com
2025-01-07 01:00:00134,581-0.01%Addresses with over 10bitaps.com
2025-01-07 01:00:0015,706-0.01%Addresses with over 100bitaps.com
2025-01-07 01:00:001,9660.00%Addresses with over 1,000bitaps.com
2025-01-07 01:00:00930.00%Addresses with over 10,000bitaps.com
2025-01-07 01:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The ‘Economic Events’ table highlights various economic indicators and events related to the cryptocurrency market. These events, such as employment data, inflation expectations, and balance sheet updates, can have an impact on market sentiment and price movements. Monitoring these economic events is crucial for understanding the broader economic context in which the cryptocurrency market operates.

DateImpactEvent
2025-01-10 22:30:00ModerateUSD – FedΒ΄s Balance Sheet
2025-01-10 21:30:00ModerateUSD – FedΒ΄s Balance Sheet
2025-01-10 20:30:00ModerateEUR – CFTC EUR speculative net positions
2025-01-10 20:30:00ModerateJPY – CFTC JPY speculative net positions
2025-01-10 20:30:00ModerateBRL – CFTC BRL speculative net positions
2025-01-10 20:30:00ModerateAUD – CFTC AUD speculative net positions
2025-01-10 20:30:00ModerateUSD – CFTC S&P 500 speculative net positions
2025-01-10 20:30:00ModerateUSD – CFTC Nasdaq 100 speculative net positions
2025-01-10 20:30:00ModerateUSD – CFTC Gold speculative net positions
2025-01-10 20:30:00ModerateUSD – CFTC Crude Oil speculative net positions
2025-01-10 20:30:00ModerateGBP – CFTC GBP speculative net positions
2025-01-10 18:00:00ModerateUSD – U.S. Baker Hughes Total Rig Count
2025-01-10 18:00:00ModerateUSD – U.S. Baker Hughes Oil Rig Count
2025-01-10 17:00:00ModerateUSD – WASDE Report
2025-01-10 15:00:00ModerateUSD – Michigan Consumer Sentiment (Jan)
2025-01-10 15:00:00ModerateUSD – Michigan Consumer Expectations (Jan)
2025-01-10 15:00:00ModerateUSD – Michigan 5-Year Inflation Expectations (Jan)
2025-01-10 15:00:00ModerateUSD – Michigan 1-Year Inflation Expectations (Jan)
2025-01-10 15:00:00ModerateConsumer Sentiment Year-ahead Inflation Expectations
2025-01-10 15:00:00ModerateConsumer Sentiment Index
2025-01-10 13:30:00ModerateCAD – Employment Change (Dec)
2025-01-10 13:30:00ModerateCAD – Building Permits (MoM) (Nov)
2025-01-10 13:30:00HighUSD – Unemployment Rate (Dec)
2025-01-10 13:30:00ModerateUSD – U6 Unemployment Rate (Dec)
2025-01-10 13:30:00ModerateUSD – Private Nonfarm Payrolls (Dec)
2025-01-10 13:30:00ModerateUSD – Participation Rate (Dec)
2025-01-10 13:30:00HighUSD – Nonfarm Payrolls (Dec)
2025-01-10 13:30:00HighUSD – Average Hourly Earnings (MoM) (Dec)
2025-01-10 13:30:00ModerateUSD – Average Hourly Earnings (YoY) (YoY) (Dec)
2025-01-10 13:30:00HighEmployment Situation Average Workweek
2025-01-10 13:30:00HighEmployment Situation Participation Rate
2025-01-10 13:30:00HighEmployment Situation Unemployment Rate
2025-01-10 13:30:00HighEmployment Situation Average Hourly Earnings – Y/Y
2025-01-10 13:30:00HighEmployment Situation Average Hourly Earnings – M/M
2025-01-10 13:30:00HighEmployment Situation Private Payrolls – M/M
2025-01-10 13:30:00HighEmployment Situation Nonfarm Payrolls – M/M
2025-01-10 13:30:00HighEmployment Situation Manufacturing Payrolls – M/M
2025-01-10 12:00:00ModerateBRL – CPI (YoY) (Dec)
2025-01-10 11:00:00ModerateCNY – New Loans (Dec)
2025-01-10 10:00:00ModerateCNY – New Loans (Dec)
2025-01-10 09:40:00ModerateCNY – New Loans (Dec)
2025-01-10 08:00:00ModerateCHF – SECO Consumer Climate
2025-01-10 07:45:00ModerateEUR – French Consumer Spending (MoM) (Nov)
2025-01-09 23:30:00ModerateJPY – Household Spending (YoY) (Nov)
2025-01-09 23:30:00ModerateJPY – Household Spending (MoM) (Nov)
2025-01-09 22:30:00ModerateUSD – FedΒ΄s Balance Sheet
2025-01-09 21:30:00ModerateUSD – FedΒ΄s Balance Sheet
2025-01-09 18:35:00ModerateUSD – FOMC Member Bowman Speaks
2025-01-09 18:00:00ModerateUSD – Atlanta Fed GDPNow (Q4)
2025-01-09 16:30:00ModerateUSD – Atlanta Fed GDPNow (Q4)

Crypto Assets Prices

The ‘Prices’ table provides insights into the price variations and volatilities of major cryptocurrencies over the past 24 hours. The data includes price variations, 24-hour volume variations, and volatilities for Bitcoin, Ethereum, and Binance Coin. Analyzing these price movements and volatilities can help identify trends and potential trading opportunities in the cryptocurrency market.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-01-10 15:01:00Bitcoin93,688.990.94%-0.592.23%4.480.39%
2025-01-09 15:01:00Bitcoin92,803.79-2.73%-2.82-0.15%4.090.07%
2025-01-08 15:01:00Bitcoin95,335.17-4.72%-2.67-0.40%4.021.02%
2025-01-10 15:01:00Ethereum3,240.37-0.30%-2.420.47%5.380.73%
2025-01-09 15:01:00Ethereum3,250.21-3.74%-2.88-0.26%4.65-0.96%
2025-01-08 15:01:00Ethereum3,371.91-5.87%-2.621.27%5.60-0.41%
2025-01-10 15:01:00Binance Coin691.220.72%-0.830.22%3.49-0.51%
2025-01-09 15:01:00Binance Coin686.26-1.38%-1.040.86%4.00-0.61%
2025-01-08 15:01:00Binance Coin695.73-3.06%-1.90-0.70%4.610.48%

CryptocurrencyΒ Capitalization and Volume

The ‘Market Capitalizations and Volumes’ table showcases the total market capitalization and volume of major cryptocurrencies. The data reflects the variations in capitalization and volume for Bitcoin, Ethereum, and Tether over the specified period. Monitoring these market capitalizations and volumes is essential for understanding the overall size and activity of the cryptocurrency market.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-01-10 00:00:00Binance Coin100,086,342,187-1.40%1,116,689,923-20.35%
2025-01-09 00:00:00Binance Coin101,507,769,686-0.13%1,401,998,5092.74%
2025-01-08 00:00:00Binance Coin101,644,810,571-4.66%1,364,599,45216.54%
2025-01-10 00:00:00Bitcoin1,831,915,936,934-2.66%65,705,687,383-0.06%
2025-01-09 00:00:00Bitcoin1,882,052,204,846-1.91%65,746,629,3879.43%
2025-01-08 00:00:00Bitcoin1,918,629,212,309-5.24%60,082,639,00828.62%
2025-01-10 00:00:00Ethereum388,135,306,948-3.11%30,078,757,736-14.25%
2025-01-09 00:00:00Ethereum400,602,495,133-1.59%35,078,255,5996.85%
2025-01-08 00:00:00Ethereum407,073,653,052-8.32%32,830,274,76734.33%
2025-01-10 00:00:00Tether137,594,759,3780.10%104,015,030,63759.63%
2025-01-09 00:00:00Tether137,461,689,7180.03%65,159,792,055-38.03%
2025-01-08 00:00:00Tether137,426,900,8200.04%105,154,133,23731.35%

Cryptocurrency Exchanges Volume and Variation

The ‘Exchanges’ table presents the total volumes and variations for major cryptocurrency exchanges. By analyzing this data, we can gain insights into trading activities and investor sentiment across exchanges. It is important to monitor volume trends and variations as they can indicate market interest and liquidity.

DateExchangeVolumeVariation
2025-01-10 00:00:00Binance250,224-12.33%
2025-01-09 00:00:00Binance285,4114.22%
2025-01-08 00:00:00Binance273,84835.64%
2025-01-10 00:00:00Binance US144-22.99%
2025-01-09 00:00:00Binance US187-5.08%
2025-01-08 00:00:00Binance US19713.87%
2025-01-10 00:00:00Bitfinex3,459-13.09%
2025-01-09 00:00:00Bitfinex3,9809.91%
2025-01-08 00:00:00Bitfinex3,62145.01%
2025-01-10 00:00:00Bybit82,470-6.78%
2025-01-09 00:00:00Bybit88,4658.05%
2025-01-08 00:00:00Bybit81,87431.84%
2025-01-10 00:00:00Coinbase43,050-18.25%
2025-01-09 00:00:00Coinbase52,659-2.93%
2025-01-08 00:00:00Coinbase54,25029.27%
2025-01-10 00:00:00Crypto.com117,122-15.85%
2025-01-09 00:00:00Crypto.com139,17916.85%
2025-01-08 00:00:00Crypto.com119,11246.90%
2025-01-10 00:00:00Gate.io42,486-21.59%
2025-01-09 00:00:00Gate.io54,1852.68%
2025-01-08 00:00:00Gate.io52,77041.30%
2025-01-10 00:00:00Kraken14,756-13.70%
2025-01-09 00:00:00Kraken17,0993.11%
2025-01-08 00:00:00Kraken16,58322.05%
2025-01-10 00:00:00KuCoin15,374-7.28%
2025-01-09 00:00:00KuCoin16,58120.10%
2025-01-08 00:00:00KuCoin13,80619.38%
2025-01-10 00:00:00OKX39,171-14.96%
2025-01-09 00:00:00OKX46,061-10.93%
2025-01-08 00:00:00OKX51,71254.31%

Mining – Blockchain Technology

The ‘Mining’ table provides information about mining difficulty, mined blocks, block rewards, and hash rate in the cryptocurrency market. Monitoring these mining indicators is crucial for understanding the network’s computational capacity, block generation, and reward distribution.

Item2025-01-102025-01-092025-01-082025-01-072025-01-062025-01-052025-01-04
Difficulty109.78T109.78T109.78T109.78T109.78T109.78T109.78T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks878.56K878.40K878.28K878.15K878.01K877.86K877.71K
Blocks Variation0.02%0.01%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 GB830.12B677.46B732.16B715.49B857.29B814.35B770.44B
Hash Rate GB Variation22.54%-7.47%2.33%-16.54%5.27%5.70%-15.52%

Conclusion

In conclusion, the cryptocurrency market has shown a neutral to downward trend in the past 24 hours. While there have been positive factors such as the growth of Binance and optimistic price predictions for Ethereum, negative factors such as Bitcoin’s price crash and the decline in social sentiment around Dogecoin and Ethereum have contributed to the overall sentiment. It is important to monitor these developments closely and assess the impact of external factors for a comprehensive understanding of the market. The sentiments and trends observed in the cryptocurrency market can change rapidly, and investors should exercise caution and conduct thorough analysis before making any investment decisions.

So What

The current state of the cryptocurrency market has practical implications for investors and market participants. The negative factors, such as the Bitcoin price crash and declining social sentiment for certain cryptocurrencies, highlight the inherent volatility and risks in the market. Investors need to remain vigilant and adjust their strategies accordingly. Diversification and careful risk management are crucial during uncertain periods. Furthermore, tracking market indicators, staying informed about economic events, and considering the overall sentiment can help navigate the dynamic cryptocurrency landscape successfully.

What next?

Looking ahead, it is essential to closely monitor market developments and key indicators to anticipate potential trends. Factors such as regulatory developments, economic data releases, and investor sentiment can significantly influence the market. Additionally, the ongoing infrastructure developments and technological advancements within the cryptocurrency ecosystem should be monitored as they can shape the future direction of the market. By staying informed and adapting to changing market conditions, investors can position themselves strategically for potential opportunities while managing risks effectively.

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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