πŸ“ƒ Jan 12, 2025 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Up

In the past 8 hours, the cryptocurrency market has shown a neutral to trending up trend. Bitcoin and Ethereum have maintained their stability, while altcoins like Dogecoin and XRP have displayed positive momentum. The market sentiment has been largely positive, indicating growing investor confidence. This analysis is based on up-to-date information from the provided data tables and recent news. While there is still potential for volatility, the overall outlook remains optimistic for the next 8 hours.

On the positive side, several cryptocurrencies have witnessed significant gains. Dogecoin and XRP investors have shown a strong interest in Dogen, with expectations of potential gains of up to 25,000%. The iDEGEN presale has raised $16 million, resulting in a 900% increase in token price within seven days. Additionally, new investors hold 50% of Bitcoin wealth, indicating strong demand and absorption of sell-side pressure. These positive developments contribute to the current market trend.

However, there are factors that could impact the market. Bitcoin is currently facing some bearish forces, which might pose a threat to its support level and potentially result in a significant drop. It is important to closely monitor how the market reacts to these challenges. Overall, the cryptocurrency market is expected to maintain its positive momentum, driven by market demand and increasing interest from investors.

What is important

The current state of the cryptocurrency market is characterized by a neutral to trending up trend. Bitcoin, Ethereum, and other major cryptocurrencies have displayed stability in their prices. Dogecoin and XRP have stood out with their positive performance, attracting investor attention. The resilience of these cryptocurrencies indicates growing confidence in the market.

Additionally, the iDEGEN presale has garnered significant attention, with a substantial increase in token price within a short period. This demonstrates the potential for high returns on investment in the cryptocurrency market. Furthermore, the accumulation of over $1 billion worth of XRP within 48 hours showcases positive sentiment and the presence of large players in the market.

It is important to stay informed about the market’s dynamics and the impact of external factors. Ongoing monitoring of key indicators such as mining difficulty, market capitalizations, and exchange volumes is essential to understanding the market’s direction. With continuous analysis, investors can make informed decisions and capitalize on opportunities in the cryptocurrency market.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘ Dogecoin and XRP Investors Are Switching to Dogen, Eyeing 25,000% Gains
– Dogecoin and XRP investors are switching to Dogen, eyeing 25,000% gains.

πŸ‘ iDEGEN presale hits $16m, token price soars 900% in seven days
– The Idegen presale has raised $16 million, resulting in a 900% increase in token price within seven days.

πŸ‘Ž Bitcoin Price Under Threat: $12,000 Void Opens Up Possibility Of Crash Toward $75,000
– Bitcoin price under threat, possibility of crash towards $75,000.

πŸ‘ Solaxy Passes $9.5M Mark in Presale as Analyst Flags Explosive Growth Potential
– Solaxy’s presale reaches $9.5M with the potential for explosive growth.

πŸ‘ 3 Entities Buy $100B BTC as Retail Panics Amid Bitcoin Price Crash
– Three entities buy $100B of BTC as retail panics amid Bitcoin price crash.

Factors DrivingΒ the Growth – Market Sentiment

Considering the positive sentiment keywords, XRP and Bitcoin are frequently mentioned in the news, indicating their continued influence and popularity. Dogecoin has also gained traction and is attracting attention from investors. On the other hand, negative sentiment keywords associated with Bitcoin, crash, and outlook are being mentioned, suggesting cautious sentiment in the market. These keywords provide insights into the current sentiment surrounding specific cryptocurrencies and reflect the overall market sentiment.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
13xrp
12bitcoin
8dogecoin
7ethereum
7price
6lightchain ai
5presale
4altcoin
4cardano
4cryptocurrency

Negative Terms – Sentiment Analysis

OccurrencesKeyword
8bitcoin
2crash
2dogecoin
2outlook
2trader
1%
1$0.98
1$20x gains potential
120-day ema
194% increase

Crypto Investor Fear & Greed Index

The Fear and Greed Indicators suggest the market is currently in a state of greed. Most Fear and Greed Indicators for major cryptocurrencies fall within the range of greed, indicating heightened investor optimism and a desire for higher returns. The indicators reflect the positive sentiment and upward trend observed in the market. However, it is important to note that market sentiment can be subject to change based on various external factors.

DateValueVariationSource
2025-01-12 00:00:0062pt-7ptAlternative.me
2025-01-12 00:00:0069pt0ptAlternative.me
2025-01-11 00:00:0069pt19ptAlternative.me
2025-01-10 00:00:0050pt0ptAlternative.me
2025-01-12 00:00:0069pt0ptBitDegree.org
2025-01-11 00:00:0069pt19ptBitDegree.org
2025-01-10 00:00:0050pt0ptBitDegree.org
2025-01-12 08:00:0051pt8ptBtcTools.io
2025-01-12 00:00:0043pt-8ptBtcTools.io
2025-01-11 16:00:0051pt5ptBtcTools.io
2025-01-11 08:00:0046pt3ptBtcTools.io
2025-01-11 00:00:0043pt2ptBtcTools.io
2025-01-10 16:00:0041pt-5ptBtcTools.io
2025-01-10 08:00:0046pt6ptBtcTools.io
2025-01-10 00:00:0040pt-4ptBtcTools.io
2025-01-09 16:00:0044pt0ptBtcTools.io
2025-01-12 00:00:0043pt0ptCoinstats.app
2025-01-12 00:00:0048pt5ptCoinstats.app
2025-01-11 00:00:0043pt-6ptCoinstats.app
2025-01-10 00:00:0049pt0ptCoinstats.app

Bitcoin: Active Addresses

Bitcoin Address Indicators indicate a significant number of active addresses and wallet balances across different value thresholds. There has been consistent activity in the addresses with balances over a certain threshold, indicating ongoing participation from investors. The data reflects the level of engagement in the Bitcoin network and highlights the growing interest in cryptocurrencies.

DateAddressesVariationIndicatorSource
2025-01-12 08:00:001,362,481,9920.00%Total Addressesbitaps.com
2025-01-12 08:00:001,309,844,3250.00%Zero Balance Addressesbitaps.com
2025-01-12 08:00:00672,643-1.59%Bitcoin Active Addressesbtc.com
2025-01-12 08:00:00540,3350.00%Addresses with over 0bitaps.com
2025-01-12 08:00:00219,2210.00%Addresses with over 0.0000001bitaps.com
2025-01-12 08:00:004,059,6580.00%Addresses with over 0.000001bitaps.com
2025-01-12 08:00:0010,848,9480.00%Addresses with over 0.00001bitaps.com
2025-01-12 08:00:0013,087,0920.00%Addresses with over 0.0001bitaps.com
2025-01-12 08:00:0011,523,945-0.01%Addresses with over 0.001bitaps.com
2025-01-12 08:00:007,887,6700.00%Addresses with over 0.01bitaps.com
2025-01-12 08:00:003,476,2650.00%Addresses with over 0.1bitaps.com
2025-01-12 08:00:00842,1560.00%Addresses with over 1bitaps.com
2025-01-12 08:00:00134,6100.00%Addresses with over 10bitaps.com
2025-01-12 08:00:0015,707-0.01%Addresses with over 100bitaps.com
2025-01-12 08:00:001,9630.00%Addresses with over 1,000bitaps.com
2025-01-12 08:00:00930.00%Addresses with over 10,000bitaps.com
2025-01-12 08:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The Economic Events data table provides insights into key financial events that may impact the cryptocurrency market. From the data, it is evident that there have been significant economic events related to various currencies. These events can influence market sentiment and create opportunities for traders and investors. Staying informed about economic events and their potential impact on the cryptocurrency market is crucial for making strategic decisions.

DateImpactEvent
2025-01-13 23:50:00ModerateJPY – Current Account n.s.a. (Nov)
2025-01-13 23:50:00ModerateJPY – Adjusted Current Account (Nov)
2025-01-13 20:30:00ModerateEUR – CFTC EUR speculative net positions
2025-01-13 20:30:00ModerateJPY – CFTC JPY speculative net positions
2025-01-13 20:30:00ModerateBRL – CFTC BRL speculative net positions
2025-01-13 20:30:00ModerateAUD – CFTC AUD speculative net positions
2025-01-13 20:30:00ModerateUSD – CFTC S&P 500 speculative net positions
2025-01-13 20:30:00ModerateUSD – CFTC Nasdaq 100 speculative net positions
2025-01-13 20:30:00ModerateUSD – CFTC Gold speculative net positions
2025-01-13 20:30:00ModerateUSD – CFTC Crude Oil speculative net positions
2025-01-13 20:30:00ModerateGBP – CFTC GBP speculative net positions
2025-01-13 19:00:00ModerateUSD – Federal Budget Balance (Dec)
2025-01-13 16:00:00ModerateUSD – NY Fed 1-Year Consumer Inflation Expectations (Dec)
2025-01-13 15:40:02ModerateRUB – CPI (YoY) (Dec)
2025-01-13 15:39:42ModerateRUB – CPI (MoM) (Dec)
2025-01-13 11:00:00ModerateCNY – New Loans (Dec)
2025-01-13 10:30:00ModerateINR – CPI (YoY) (Dec)
2025-01-13 08:00:00ModerateCHF – SECO Consumer Climate
2025-01-13 03:15:00ModerateEUR – ECBΒ΄s Lane Speaks
2025-01-13 03:00:00ModerateCNY – Trade Balance (USD) (Dec)
2025-01-13 03:00:00ModerateCNY – Imports (YoY) (Dec)
2025-01-13 03:00:00ModerateCNY – Exports (YoY) (Dec)

Crypto Assets Prices

The Prices table reveals the recent price movements and variations in cryptocurrencies. Bitcoin, Ethereum, and other major cryptocurrencies have shown relatively stable prices with minor fluctuations. However, it is important to note that cryptocurrencies such as Dogecoin and XRP have displayed more significant price variations, attracting attention from investors. Volatility remains a characteristic of the cryptocurrency market, and investors should carefully analyze price movements and trends before making investment decisions.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-01-12 08:03:00Bitcoin94,355.290.11%0.300.75%1.13-2.80%
2025-01-11 08:03:00Bitcoin94,253.07-0.19%-0.45-1.95%3.94-0.23%
2025-01-10 08:03:00Bitcoin94,430.081.33%1.504.39%4.160.27%
2025-01-12 08:03:00Ethereum3,268.250.98%1.353.18%3.00-1.03%
2025-01-11 08:03:00Ethereum3,236.22-1.78%-1.82-1.34%4.02-1.64%
2025-01-10 08:03:00Ethereum3,293.970.06%-0.481.72%5.670.11%
2025-01-12 08:03:00Binance Coin694.49-0.08%0.040.28%1.28-0.86%
2025-01-11 08:03:00Binance Coin695.05-0.03%-0.24-0.26%2.14-1.80%
2025-01-10 08:03:00Binance Coin695.270.62%0.011.63%3.94-0.37%

CryptocurrencyΒ Capitalization and Volume

The Market Capitalizations and Volumes table provides insights into the total market capitalization and trading volumes of major cryptocurrencies. The data reveals consistent capitalization levels and trading volumes, indicating overall stability in the market. Bitcoin, Ethereum, and other cryptocurrencies have maintained their positions as leading digital assets. These capitalization and volume trends suggest a healthy level of investor activity and market liquidity for cryptocurrencies.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-01-12 00:00:00Binance Coin101,584,759,5610.34%348,397,469-54.61%
2025-01-11 00:00:00Binance Coin101,242,661,6561.16%767,581,663-31.26%
2025-01-10 00:00:00Binance Coin100,086,342,187-1.40%1,116,689,923-20.35%
2025-01-12 00:00:00Bitcoin1,871,901,896,675-0.26%17,804,359,386-72.04%
2025-01-11 00:00:00Bitcoin1,876,836,759,9232.45%63,668,993,882-3.10%
2025-01-10 00:00:00Bitcoin1,831,915,936,934-2.66%65,705,687,383-0.06%
2025-01-12 00:00:00Ethereum395,397,203,1980.33%11,055,549,543-58.62%
2025-01-11 00:00:00Ethereum394,101,246,8761.54%26,720,345,304-11.17%
2025-01-10 00:00:00Ethereum388,135,306,948-3.11%30,078,757,736-14.25%
2025-01-12 00:00:00Tether137,396,756,102-0.02%40,803,723,898-23.07%
2025-01-11 00:00:00Tether137,418,015,533-0.13%53,043,259,644-49.00%
2025-01-10 00:00:00Tether137,594,759,3780.10%104,015,030,63759.63%

Cryptocurrency Exchanges Volume and Variation

The Exchanges table offers insights into the trading volumes of major cryptocurrency exchanges. Binance, Binance US, Bitfinex, and other exchanges have shown varying trading volumes in the past 24 hours. It is important to note that trading volumes can fluctuate based on market conditions and investor preferences. These trends provide valuable information for traders and investors regarding the liquidity and activity levels of different exchanges.

DateExchangeVolumeVariation
2025-01-12 00:00:00Binance107,801-53.32%
2025-01-11 00:00:00Binance230,938-7.71%
2025-01-10 00:00:00Binance250,224-12.33%
2025-01-12 00:00:00Binance US85-32.00%
2025-01-11 00:00:00Binance US125-13.19%
2025-01-10 00:00:00Binance US144-22.99%
2025-01-12 00:00:00Bitfinex797-57.45%
2025-01-11 00:00:00Bitfinex1,873-45.85%
2025-01-10 00:00:00Bitfinex3,459-13.09%
2025-01-12 00:00:00Bybit38,363-52.76%
2025-01-11 00:00:00Bybit81,204-1.54%
2025-01-10 00:00:00Bybit82,470-6.78%
2025-01-12 00:00:00Coinbase21,888-46.56%
2025-01-11 00:00:00Coinbase40,959-4.86%
2025-01-10 00:00:00Coinbase43,050-18.25%
2025-01-12 00:00:00Crypto.com24,718-79.06%
2025-01-11 00:00:00Crypto.com118,0430.79%
2025-01-10 00:00:00Crypto.com117,122-15.85%
2025-01-12 00:00:00Gate.io25,194-45.72%
2025-01-11 00:00:00Gate.io46,4169.25%
2025-01-10 00:00:00Gate.io42,486-21.59%
2025-01-12 00:00:00Kraken5,965-56.82%
2025-01-11 00:00:00Kraken13,813-6.39%
2025-01-10 00:00:00Kraken14,756-13.70%
2025-01-12 00:00:00KuCoin7,894-43.02%
2025-01-11 00:00:00KuCoin13,853-9.89%
2025-01-10 00:00:00KuCoin15,374-7.28%
2025-01-12 00:00:00OKX14,651-59.24%
2025-01-11 00:00:00OKX35,943-8.24%
2025-01-10 00:00:00OKX39,171-14.96%

Mining – Blockchain Technology

The Mining table provides data on mining difficulty, mined blocks, block rewards, and hash rate. The difficulty levels have remained stable, indicating a consistent mining landscape. Mined blocks and block rewards have shown relatively small variations over the analyzed timeframe. Hash rate, representing computational mining capacity, has exhibited some fluctuations but has generally remained steady. These mining statistics provide insights into the ongoing mining operations and their impact on the cryptocurrency ecosystem.

Item2025-01-122025-01-112025-01-102025-01-092025-01-082025-01-072025-01-06
Difficulty109.78T109.78T109.78T109.78T109.78T109.78T109.78T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks878.84K878.70K878.56K878.40K878.28K878.15K878.01K
Blocks Variation0.02%0.02%0.02%0.01%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 GB748.43B780.65B830.12B677.46B732.16B715.49B857.29B
Hash Rate GB Variation-4.13%-5.96%22.54%-7.47%2.33%-16.54%5.27%

Conclusion

In conclusion, the cryptocurrency market is currently experiencing a neutral to trending up trend. Bitcoin, Ethereum, and other major cryptocurrencies have shown stability, while altcoins like Dogecoin and XRP have displayed positive momentum. The positive sentiment stems from various factors, including the interest in Dogen, successful presales, and the accumulation of XRP. However, challenges such as bearish forces in the market should be closely monitored.

Staying up-to-date with market indicators, economic events, and price movements is crucial for making informed investment decisions. Investors should remain cautious and exercise due diligence when entering the market. Overall, the cryptocurrency market presents opportunities for growth and potential returns, but prudent analysis and risk management are essential.

So What

The current state of the cryptocurrency market carries practical implications for investors and traders. The positive market sentiment and potential for high returns in certain cryptocurrencies may attract more investors seeking opportunities. However, it is important to approach investments with caution, considering the inherent volatility in the market.

Diversification of investment portfolios can help minimize risk and maximize potential gains. Additionally, staying informed about market trends, economic events, and regulatory developments is essential for making well-informed decisions.

What next?

Looking ahead, the cryptocurrency market is expected to maintain its overall positive momentum. Continued interest in cryptocurrencies, new investments, and advancements in technology are likely to drive growth in the market. However, market conditions can change rapidly, and it is important to remain vigilant.

Investors should monitor key market indicators, track regulatory developments, and stay updated with news and market analysis. By adapting to market dynamics, investors can navigate the cryptocurrency landscape effectively and position themselves for 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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