πŸ“ƒ Jan 11, 2025 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Down

Over the past 24 hours, the cryptocurrency market has experienced a neutral to slightly downward trend. Bitcoin, the largest cryptocurrency, has witnessed a price crash, which has led to a negative sentiment among investors. The price of Ethereum has also pulled back, showing signs of weakness. However, there are positive indicators as well, with XRP and Binance Coin exhibiting relative strength amid the broader market selloff.

Analyzing the market data, it is evident that the current volatility and price fluctuations are the primary drivers of the market sentiment. With significant variations in trading volumes and price variations, it is essential for investors to exercise caution and closely monitor market conditions.

Considering the evidence, the market is currently experiencing a neutral to slightly downward trend. This conclusion is based on the analysis of price movements, trading volumes, and the sentiment surrounding major cryptocurrencies.

What is important

The current state of the cryptocurrency market is characterized by increased volatility and mixed sentiment among investors. It is crucial to closely monitor key factors such as price movements, trading volumes, and market sentiment to make informed investment decisions. Additionally, keeping track of positive and negative keywords, fear and greed indicators, market capitalization and volumes, economic events, prices, exchanges, and mining indicators can provide valuable insights into the market’s overall dynamics.

Top 5 – Latest Headlines & Cryptocurrency News

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

πŸ‘ XRP Shows Relative Strength Amid Market Selloff – Breakout Above ATH Soon?
– XRP shows relative strength amid market selloff, breakout above ATH soon.

πŸ‘Ž Ethereum Price Pullback Deepens: Bulls Struggle to Hold Support
– The article discusses a pullback in the price of Ethereum, which is currently at $3,250.

πŸ‘ Binance Reports 47% Growth in 2024, Reaches 250M Users
– Binance reports 47% growth in 2024, reaching 250M users.

πŸ‘ TRON outpaces Ethereum on 2 fronts – WhatΒ΄s next for its price?
– Tron is outpacing Ethereum on two fronts. Its price is expected to rise in the near future.

Factors DrivingΒ the Growth – Market Sentiment

Analyzing the positive and negative keywords, we observe mentions of popular cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin. It is worth noting that while Bitcoin and Dogecoin have appeared in both the positive and negative keywords, Ethereum has predominantly shown positive sentiment. This indicates that market perception and sentiment toward different cryptocurrencies may vary.

Positive Terms – Sentiment Analysis

Occurrences Keyword
19 bitcoin
14 dogecoin
12 cryptocurrency market
9 investors
8 lightchain ai
8 xrp
7 standard chartered
6 presale
5 btc
5 ethereum

Negative Terms – Sentiment Analysis

Occurrences Keyword
16 bitcoin
4 cube entertainment
4 dogecoin
4 money laundering
3 bitcoin miners
3 bitcoin price
3 thai authorities
2 bitcoin etf
2 bitcoin fear & greed index
2 bitcoin landfill hard drive

Crypto Investor Fear & Greed Index

The fear and greed indicators present a mixed sentiment in the market. While some indicators lean towards fear, others are close to greed, suggesting a cautious yet optimistic outlook. It is crucial to consider the fear and greed indicators alongside other market factors to gain a comprehensive understanding of current market sentiment.

Date Value Variation Source
2025-01-10 00:00:00 50pt -19pt Alternative.me
2025-01-09 00:00:00 69pt -1pt Alternative.me
2025-01-08 00:00:00 70pt 0pt Alternative.me
2025-01-09 00:00:00 69pt -1pt Binance.com
2025-01-08 00:00:00 70pt 0pt Binance.com
2025-01-10 00:00:00 50pt -19pt BitDegree.org
2025-01-09 00:00:00 69pt -9pt BitDegree.org
2025-01-08 00:00:00 78pt 0pt BitDegree.org
2025-01-10 16:00:00 41pt -5pt BtcTools.io
2025-01-10 08:00:00 46pt 6pt BtcTools.io
2025-01-10 00:00:00 40pt -4pt BtcTools.io
2025-01-09 16:00:00 44pt -1pt BtcTools.io
2025-01-09 00:00:00 45pt 7pt BtcTools.io
2025-01-08 16:00:00 38pt -23pt BtcTools.io
2025-01-08 08:00:00 61pt -1pt BtcTools.io
2025-01-08 00:00:00 62pt 0pt BtcTools.io
2025-01-10 00:00:00 49pt -5pt Coinstats.app
2025-01-09 00:00:00 54pt -12pt Coinstats.app
2025-01-09 00:00:00 66pt 0pt Coinstats.app
2025-01-08 00:00:00 60pt 0pt Coinstats.app
2025-01-08 00:00:00 66pt 6pt Coinstats.app

Bitcoin: Active Addresses

The Bitcoin address indicators reveal fluctuations in the number of active addresses and wallet addresses based on balance values. It is important to closely monitor these indicators to gauge the level of activity and interest in the Bitcoin ecosystem.

Date Addresses Variation Indicator Source
2025-01-07 01:00:00 1,360,813,981 0.00% Total Addresses bitaps.com
2025-01-07 01:00:00 766,675 0.59% Bitcoin Active Addresses btc.com
2025-01-07 01:00:00 540,335 0.00% Addresses with over 0 bitaps.com
2025-01-07 01:00:00 219,222 0.00% Addresses with over 0.0000001 bitaps.com
2025-01-07 01:00:00 4,050,731 0.00% Addresses with over 0.000001 bitaps.com
2025-01-07 01:00:00 10,845,557 0.00% Addresses with over 0.00001 bitaps.com
2025-01-07 01:00:00 13,077,436 0.00% Addresses with over 0.0001 bitaps.com
2025-01-07 01:00:00 11,524,347 -0.02% Addresses with over 0.001 bitaps.com
2025-01-07 01:00:00 7,881,524 -0.01% Addresses with over 0.01 bitaps.com
2025-01-07 01:00:00 3,475,066 -0.01% Addresses with over 0.1 bitaps.com
2025-01-07 01:00:00 841,447 0.00% Addresses with over 1 bitaps.com
2025-01-07 01:00:00 134,581 -0.01% Addresses with over 10 bitaps.com
2025-01-07 01:00:00 15,706 -0.01% Addresses with over 100 bitaps.com
2025-01-07 01:00:00 1,966 0.00% Addresses with over 1,000 bitaps.com
2025-01-07 01:00:00 93 0.00% Addresses with over 10,000 bitaps.com
2025-01-07 01:00:00 4 0.00% Addresses with over 100,000 bitaps.com

Economic events to move the cryptocurrency market

Economic events play a significant role in shaping the cryptocurrency market. News related to economic indicators, such as employment change, building permits, and unemployment rates, can impact the market sentiment and contribute to price movements. Traders and investors should stay informed about these events to make well-informed decisions.

Date Impact Event
2025-01-10 22:30:00 Moderate USD – FedΒ΄s Balance Sheet
2025-01-10 21:30:00 Moderate USD – FedΒ΄s Balance Sheet
2025-01-10 20:30:00 Moderate EUR – CFTC EUR speculative net positions
2025-01-10 20:30:00 Moderate JPY – CFTC JPY speculative net positions
2025-01-10 20:30:00 Moderate BRL – CFTC BRL speculative net positions
2025-01-10 20:30:00 Moderate AUD – CFTC AUD speculative net positions
2025-01-10 20:30:00 Moderate USD – CFTC S&P 500 speculative net positions
2025-01-10 20:30:00 Moderate USD – CFTC Nasdaq 100 speculative net positions
2025-01-10 20:30:00 Moderate USD – CFTC Gold speculative net positions
2025-01-10 20:30:00 Moderate USD – CFTC Crude Oil speculative net positions
2025-01-10 20:30:00 Moderate GBP – CFTC GBP speculative net positions
2025-01-10 18:00:00 Moderate USD – U.S. Baker Hughes Total Rig Count
2025-01-10 18:00:00 Moderate USD – U.S. Baker Hughes Oil Rig Count
2025-01-10 17:00:00 Moderate USD – WASDE Report
2025-01-10 15:00:00 Moderate USD – Michigan Consumer Sentiment (Jan)
2025-01-10 15:00:00 Moderate USD – Michigan Consumer Expectations (Jan)
2025-01-10 15:00:00 Moderate USD – Michigan 5-Year Inflation Expectations (Jan)
2025-01-10 15:00:00 Moderate USD – Michigan 1-Year Inflation Expectations (Jan)
2025-01-10 15:00:00 Moderate Consumer Sentiment Year-ahead Inflation Expectations
2025-01-10 15:00:00 Moderate Consumer Sentiment Index
2025-01-10 13:30:00 Moderate CAD – Employment Change (Dec)
2025-01-10 13:30:00 Moderate CAD – Building Permits (MoM) (Nov)
2025-01-10 13:30:00 High USD – Unemployment Rate (Dec)
2025-01-10 13:30:00 Moderate USD – U6 Unemployment Rate (Dec)
2025-01-10 13:30:00 Moderate USD – Private Nonfarm Payrolls (Dec)
2025-01-10 13:30:00 Moderate USD – Participation Rate (Dec)
2025-01-10 13:30:00 High USD – Nonfarm Payrolls (Dec)
2025-01-10 13:30:00 High USD – Average Hourly Earnings (MoM) (Dec)
2025-01-10 13:30:00 Moderate USD – Average Hourly Earnings (YoY) (YoY) (Dec)
2025-01-10 13:30:00 High Employment Situation Average Workweek
2025-01-10 13:30:00 High Employment Situation Participation Rate
2025-01-10 13:30:00 High Employment Situation Unemployment Rate
2025-01-10 13:30:00 High Employment Situation Average Hourly Earnings – Y/Y
2025-01-10 13:30:00 High Employment Situation Average Hourly Earnings – M/M
2025-01-10 13:30:00 High Employment Situation Private Payrolls – M/M
2025-01-10 13:30:00 High Employment Situation Nonfarm Payrolls – M/M
2025-01-10 13:30:00 High Employment Situation Manufacturing Payrolls – M/M
2025-01-10 12:00:00 Moderate BRL – CPI (YoY) (Dec)
2025-01-10 11:00:00 Moderate CNY – New Loans (Dec)
2025-01-10 10:00:00 Moderate CNY – New Loans (Dec)
2025-01-10 09:40:00 Moderate CNY – New Loans (Dec)
2025-01-10 08:00:00 Moderate CHF – SECO Consumer Climate
2025-01-10 07:45:00 Moderate EUR – French Consumer Spending (MoM) (Nov)

Crypto Assets Prices

Price movements in the cryptocurrency market have been significant over the past 24 hours. Bitcoin and Ethereum have experienced pullbacks and volatility, while other altcoins like Dogecoin have displayed mixed sentiment. Monitoring price trends and understanding the factors influencing these movements is crucial for traders and investors to navigate market fluctuations effectively.

Date Cryptocurrency Price Price Variation 24h Variation 24h Variation Difference 24h Volatility 24h Volatility Difference
2025-01-10 23:51:00 Bitcoin 94,760.42 2.57% 2.39 5.26% 3.94 -0.64%
2025-01-09 23:51:00 Bitcoin 92,329.39 -3.02% -2.87 -0.98% 4.58 -0.57%
2025-01-08 23:51:00 Bitcoin 95,122.09 -1.88% -1.89 3.31% 5.15 -1.65%
2025-01-10 23:51:00 Ethereum 3,270.48 1.66% 1.59 4.93% 4.02 -2.29%
2025-01-09 23:51:00 Ethereum 3,216.19 -3.51% -3.34 -1.80% 6.31 -0.14%
2025-01-08 23:51:00 Ethereum 3,329.13 -1.47% -1.54 6.85% 6.45 -3.82%
2025-01-10 23:51:00 Binance Coin 693.81 1.27% 1.22 2.80% 2.56 -1.38%
2025-01-09 23:51:00 Binance Coin 685.00 -1.65% -1.58 -1.35% 3.94 -0.91%
2025-01-08 23:51:00 Binance Coin 696.33 0.01% -0.24 4.30% 4.85 -1.24%

CryptocurrencyΒ Capitalization and Volume

The market capitalizations and volumes of major cryptocurrencies have shown both positive and negative variations. It is important to track the capitalization and volume trends to understand the market dynamics and assess the overall market sentiment.

Date Cryptocurrency Capitalization Capitalization Variation Volume Volume Variation
2025-01-10 00:00:00 Binance Coin 100,086,342,187 -1.40% 1,116,689,923 -20.35%
2025-01-09 00:00:00 Binance Coin 101,507,769,686 -0.13% 1,401,998,509 2.74%
2025-01-08 00:00:00 Binance Coin 101,644,810,571 -4.66% 1,364,599,452 16.54%
2025-01-10 00:00:00 Bitcoin 1,831,915,936,934 -2.66% 65,705,687,383 -0.06%
2025-01-09 00:00:00 Bitcoin 1,882,052,204,846 -1.91% 65,746,629,387 9.43%
2025-01-08 00:00:00 Bitcoin 1,918,629,212,309 -5.24% 60,082,639,008 28.62%
2025-01-10 00:00:00 Ethereum 388,135,306,948 -3.11% 30,078,757,736 -14.25%
2025-01-09 00:00:00 Ethereum 400,602,495,133 -1.59% 35,078,255,599 6.85%
2025-01-08 00:00:00 Ethereum 407,073,653,052 -8.32% 32,830,274,767 34.33%
2025-01-10 00:00:00 Tether 137,594,759,378 0.10% 104,015,030,637 59.63%
2025-01-09 00:00:00 Tether 137,461,689,718 0.03% 65,159,792,055 -38.03%
2025-01-08 00:00:00 Tether 137,426,900,820 0.04% 105,154,133,237 31.35%

Cryptocurrency Exchanges Volume and Variation

Exchanges play a crucial role in the cryptocurrency market. Analyzing the trading volumes and variations across different exchanges can provide insights into market activity and investor sentiment. Traders should consider the liquidity and trading volume of specific cryptocurrencies when selecting exchanges for their trading activities.

Date Exchange Volume Variation
2025-01-10 00:00:00 Binance 250,224 -12.33%
2025-01-09 00:00:00 Binance 285,411 4.22%
2025-01-08 00:00:00 Binance 273,848 35.64%
2025-01-10 00:00:00 Binance US 144 -22.99%
2025-01-09 00:00:00 Binance US 187 -5.08%
2025-01-08 00:00:00 Binance US 197 13.87%
2025-01-10 00:00:00 Bitfinex 3,459 -13.09%
2025-01-09 00:00:00 Bitfinex 3,980 9.91%
2025-01-08 00:00:00 Bitfinex 3,621 45.01%
2025-01-10 00:00:00 Bybit 82,470 -6.78%
2025-01-09 00:00:00 Bybit 88,465 8.05%
2025-01-08 00:00:00 Bybit 81,874 31.84%
2025-01-10 00:00:00 Coinbase 43,050 -18.25%
2025-01-09 00:00:00 Coinbase 52,659 -2.93%
2025-01-08 00:00:00 Coinbase 54,250 29.27%
2025-01-10 00:00:00 Crypto.com 117,122 -15.85%
2025-01-09 00:00:00 Crypto.com 139,179 16.85%
2025-01-08 00:00:00 Crypto.com 119,112 46.90%
2025-01-10 00:00:00 Gate.io 42,486 -21.59%
2025-01-09 00:00:00 Gate.io 54,185 2.68%
2025-01-08 00:00:00 Gate.io 52,770 41.30%
2025-01-10 00:00:00 Kraken 14,756 -13.70%
2025-01-09 00:00:00 Kraken 17,099 3.11%
2025-01-08 00:00:00 Kraken 16,583 22.05%
2025-01-10 00:00:00 KuCoin 15,374 -7.28%
2025-01-09 00:00:00 KuCoin 16,581 20.10%
2025-01-08 00:00:00 KuCoin 13,806 19.38%
2025-01-10 00:00:00 OKX 39,171 -14.96%
2025-01-09 00:00:00 OKX 46,061 -10.93%
2025-01-08 00:00:00 OKX 51,712 54.31%

Mining – Blockchain Technology

Mining indicators, such as difficulty levels, mined blocks, block rewards, and hash rates, provide insights into the computational mining capacity and overall health of the network. Analyzing these indicators helps to gauge the level of mining activity and monitor changes in network participation.

Item 2025-01-10 2025-01-09 2025-01-08 2025-01-07 2025-01-06 2025-01-05 2025-01-04
Difficulty 109.78T 109.78T 109.78T 109.78T 109.78T 109.78T 109.78T
Difficulty Variation 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Blocks 878.56K 878.40K 878.28K 878.15K 878.01K 877.86K 877.71K
Blocks Variation 0.02% 0.01% 0.02% 0.02% 0.02% 0.02% 0.02%
Reward BTC 3.13 3.13 3.13 3.13 3.13 3.13 3.13
Reward BTC Variation 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Hash Rate GB 830.12B 677.46B 732.16B 715.49B 857.29B 814.35B 770.44B
Hash Rate GB Variation 22.54% -7.47% 2.33% -16.54% 5.27% 5.70% -15.52%

Conclusion

In conclusion, the cryptocurrency market has experienced a slight downward trend in the past 24 hours. Bitcoin, Ethereum, and other major cryptocurrencies have witnessed price fluctuations, volatility, and mixed sentiment. It is crucial for market participants to closely monitor market indicators and stay informed about economic events that can influence market sentiment.

So What

The current state of the cryptocurrency market has practical implications for traders and investors. It is essential to exercise caution and conduct thorough analysis before making investment decisions. Market volatility and mixed sentiment require a diligent approach, focusing on risk management and staying updated with relevant news and market indicators.

What next?

Looking ahead, it is crucial to closely monitor the market for potential trends and developments. Traders and investors should keep a watchful eye on key market factors such as price movements, trading volumes, market capitalizations, and economic events. By staying informed and adapting strategies to changing market conditions, market participants can navigate the cryptocurrency market 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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