πŸ“ƒ Jan 18, 2025 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Up

Over the past 24 hours, the cryptocurrency market has shown a neutral to positive trend, with some cryptocurrencies experiencing an upward trajectory. Bitcoin, the leading cryptocurrency, has displayed resilience, maintaining a steady price above $100,000. Ethereum has also shown positive momentum, reflecting investors’ confidence in the platform’s capabilities. This trend is supported by the positive news surrounding the market, including indicators of increasing adoption and interest from influential figures like US President-elect Donald Trump.

Evidence for this trend can be observed in the recent price movements, as well as the market capitalization and trading volumes of major cryptocurrencies. These metrics indicate sustained interest and activity within the market, highlighting the potential for further growth.

However, it is important to approach the trend with caution and consider potential market volatility. External factors such as economic events and regulatory developments can significantly impact the cryptocurrency market. Therefore, it is crucial to stay informed and monitor any changes that may affect the overall sentiment and direction of the market.

What is important

In the current state of the cryptocurrency market, several key points are worth noting. Firstly, the market is exhibiting a neutral to positive trend, with cryptocurrencies like Bitcoin and Ethereum demonstrating stability and maintaining their market dominance. This indicates investors’ confidence in these established digital assets.

Secondly, the sentiment within the market is influenced by various factors, including economic events, government regulations, and influential figures’ statements. Regular monitoring of these factors is essential to assess the market sentiment accurately.

Lastly, market capitalization and trading volumes serve as significant indicators of the cryptocurrency market’s health and activity levels. Monitoring these metrics can provide insights into market trends and investor sentiment.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘ US President-elect Donald Trump To Make Cryptocurrency a National Priority; Report
– US President-elect Donald Trump plans to prioritize cryptocurrency, according to a report.

πŸ‘ Machine Learning Algorithm Predicts When The Dogecoin Price Will Hit $1, ItΒ΄s Not That Far Away
– The article predicts that the price of Dogecoin will reach $1.

πŸ‘ Lazy people can also mine cryptocurrencies and earn more than $1,000 a day in passive income
– Lazy people can earn over $1000 a day in passive income by mining cryptocurrencies.

πŸ‘ Bitcoin ETFs back in demand as BTC crosses $102k ahead of TrumpΒ΄s inauguration
– Bitcoin ETFs are in demand as BTC crosses $102k ahead of TrumpΒ΄s inauguration.

πŸ‘ US LawmakerΒ΄s New Role Could Skyrocket AmericaΒ΄s Digital Assets Sector
– US lawmakersΒ΄ new role could boost AmericaΒ΄s digital assets sector.

Factors DrivingΒ the Growth – Market Sentiment

Analyzing the provided ‘Positive Keywords’ and ‘Negative Keywords’ tables, it is evident that Donald Trump’s influence on the market continues to be a significant topic. Positive keywords such as ‘bitcoin,’ ‘xrp,’ and ‘dogecoin’ reflect the market’s positive sentiment towards these cryptocurrencies. Additionally, keywords like ‘price’ and ‘cryptocurrency market’ indicate attention to price movements and overall market trends. Conversely, negative keywords like ‘sec’ and ‘misleading investors’ highlight regulatory concerns and the importance of investor protection. These keyword analyses offer valuable insights into the sentiment and focus of market participants.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
36bitcoin
17xrp
13dogecoin
11price
10cryptocurrency market
9ethereum
8cryptocurrencies
7crypto.com
7solana
7trump

Negative Terms – Sentiment Analysis

OccurrencesKeyword
4sec
3digital currency group
3ethereum
3price
2%
2decline
2donald trump
2makersplace
2meta
2misleading investors

Crypto Investor Fear & Greed Index

The ‘Fear and Greed Indicators’ table provides valuable insights into investor sentiment. Currently, the indicators reveal a mix of fear and greed sentiments within the market. While some indicators, such as those provided by Alternative.me and BitDegree.org, show higher ‘greed’ scores, others, like those from BtcTools.io and Coinstats.app, indicate a more cautious sentiment characterized by ‘fear’ scores. These variations in sentiment can be attributed to market dynamics, economic events, regulatory factors, and individual investors’ risk appetite. It is crucial to consider these sentiments when assessing the overall market mood and potential price trends.

DateValueVariationSource
2025-01-17 00:00:0075pt0ptAlternative.me
2025-01-16 00:00:0075pt5ptAlternative.me
2025-01-15 00:00:0070pt0ptAlternative.me
2025-01-17 00:00:0075pt0ptBitDegree.org
2025-01-16 00:00:0075pt12ptBitDegree.org
2025-01-15 00:00:0063pt0ptBitDegree.org
2025-01-17 16:00:0065pt5ptBtcTools.io
2025-01-17 08:00:0060pt2ptBtcTools.io
2025-01-17 00:00:0058pt15ptBtcTools.io
2025-01-16 16:00:0043pt-18ptBtcTools.io
2025-01-16 08:00:0061pt-1ptBtcTools.io
2025-01-16 00:00:0062pt2ptBtcTools.io
2025-01-15 16:00:0060pt5ptBtcTools.io
2025-01-15 08:00:0055pt1ptBtcTools.io
2025-01-15 00:00:0054pt0ptBtcTools.io
2025-01-17 00:00:0051pt0ptCoinstats.app
2025-01-17 00:00:0060pt9ptCoinstats.app
2025-01-16 00:00:0046pt0ptCoinstats.app
2025-01-16 00:00:0051pt5ptCoinstats.app
2025-01-15 00:00:0046pt-1ptCoinstats.app
2025-01-15 00:00:0047pt0ptCoinstats.app

Bitcoin: Active Addresses

The ‘Bitcoin Address Indicators’ table provides insights into the number of active addresses and wallet balances related to Bitcoin. The data shows a significant number of addresses across different balance thresholds, suggesting a widespread adoption of Bitcoin across various user types. The increasing number of active addresses indicates growing interest and usage of Bitcoin as a digital asset. This indicates a positive sentiment towards Bitcoin, supported by the consistent price levels and market capitalization.

DateAddressesVariationIndicatorSource
2025-01-15 14:00:001,363,470,3700.00%Total Addressesbitaps.com
2025-01-15 14:00:00773,9400.00%Bitcoin Active Addressesbtc.com
2025-01-15 14:00:00540,3350.00%Addresses with over 0bitaps.com
2025-01-15 14:00:00219,2210.00%Addresses with over 0.0000001bitaps.com
2025-01-15 14:00:004,037,8880.00%Addresses with over 0.000001bitaps.com
2025-01-15 14:00:0010,835,3170.00%Addresses with over 0.00001bitaps.com
2025-01-15 14:00:0013,076,9610.00%Addresses with over 0.0001bitaps.com
2025-01-15 14:00:0011,514,7920.00%Addresses with over 0.001bitaps.com
2025-01-15 14:00:007,887,2210.00%Addresses with over 0.01bitaps.com
2025-01-15 14:00:003,476,1330.00%Addresses with over 0.1bitaps.com
2025-01-15 14:00:00842,1540.00%Addresses with over 1bitaps.com
2025-01-15 14:00:00134,6480.00%Addresses with over 10bitaps.com
2025-01-15 14:00:0015,6890.00%Addresses with over 100bitaps.com
2025-01-15 14:00:001,9620.00%Addresses with over 1,000bitaps.com
2025-01-15 14:00:00930.00%Addresses with over 10,000bitaps.com
2025-01-15 14:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

The ‘Economic Events’ table highlights notable economic events and their potential impact on the cryptocurrency market. Events such as the US Treasury International Capital Net Long-Term Transactions and the US Baker Hughes Total Rig Count can influence investor sentiment and market dynamics. These events are essential to monitor as they may affect the overall market sentiment and potentially contribute to price movements and volatility. Staying informed about such events can help market participants make more informed investment decisions.

DateImpactEvent
2025-01-17 21:00:00ModerateUSD – TIC Net Long-Term Transactions (Nov)
2025-01-17 21:00:00ModerateTreasury International Capital Net Long-Term Securities Transactions
2025-01-17 20:30:00ModerateEUR – CFTC EUR speculative net positions
2025-01-17 20:30:00ModerateJPY – CFTC JPY speculative net positions
2025-01-17 20:30:00ModerateBRL – CFTC BRL speculative net positions
2025-01-17 20:30:00ModerateAUD – CFTC AUD speculative net positions
2025-01-17 20:30:00ModerateUSD – CFTC S&P 500 speculative net positions
2025-01-17 20:30:00ModerateUSD – CFTC Nasdaq 100 speculative net positions
2025-01-17 20:30:00ModerateUSD – CFTC Gold speculative net positions
2025-01-17 20:30:00ModerateUSD – CFTC Crude Oil speculative net positions
2025-01-17 20:30:00ModerateGBP – CFTC GBP speculative net positions
2025-01-17 18:00:00ModerateUSD – U.S. Baker Hughes Total Rig Count
2025-01-17 18:00:00ModerateUSD – U.S. Baker Hughes Oil Rig Count
2025-01-17 17:15:00ModerateUSD – Atlanta Fed GDPNow (Q4)
2025-01-17 17:00:00ModerateGBP – BoE Gov Bailey Speaks
2025-01-17 17:00:00ModerateGBP – BoE Deputy Governor Woods Speaks
2025-01-17 14:15:00ModerateUSD – Industrial Production (YoY) (Dec)
2025-01-17 14:15:00ModerateUSD – Industrial Production (MoM) (Dec)
2025-01-17 14:15:00HighIndustrial Production Capacity Utilization Rate
2025-01-17 14:15:00HighIndustrial Production Industrial Production – M/M
2025-01-17 14:15:00HighIndustrial Production Manufacturing Output – M/M
2025-01-17 13:30:00ModerateCAD – Foreign Securities Purchases (Nov)
2025-01-17 13:30:00ModerateUSD – Housing Starts (Dec)
2025-01-17 13:30:00ModerateUSD – Housing Starts (MoM) (Dec)
2025-01-17 13:30:00ModerateUSD – Building Permits (Dec)
2025-01-17 13:30:00HighHousing Starts and Permits Starts – Annual Rate
2025-01-17 13:30:00HighHousing Starts and Permits Permits – Annual Rate
2025-01-17 10:00:00ModerateEUR – CPI (MoM) (Dec)
2025-01-17 10:00:00HighEUR – CPI (YoY) (Dec)
2025-01-17 10:00:00ModerateEUR – Core CPI (YoY) (Dec)
2025-01-17 10:00:00ModerateEUR – German Buba President Nagel Speaks
2025-01-17 07:00:00ModerateGBP – Retail Sales (YoY) (Dec)
2025-01-17 07:00:00ModerateGBP – Retail Sales (MoM) (Dec)
2025-01-17 07:00:00ModerateGBP – Core Retail Sales (YoY) (Dec)
2025-01-17 07:00:00ModerateGBP – Core Retail Sales (MoM) (Dec)
2025-01-17 02:00:00ModerateCNY – NBS Press Conference
2025-01-17 02:00:00ModerateCNY – Chinese Unemployment Rate (Dec)
2025-01-17 02:00:00ModerateCNY – Chinese Industrial Production YTD (YoY) (Dec)
2025-01-17 02:00:00ModerateCNY – Industrial Production (YoY) (Dec)
2025-01-17 02:00:00ModerateCNY – Chinese GDP YTD (YoY) (Q4)
2025-01-17 02:00:00HighCNY – GDP (YoY) (Q4)
2025-01-17 02:00:00ModerateCNY – GDP (QoQ) (Q4)
2025-01-17 02:00:00ModerateCNY – Fixed Asset Investment (YoY) (Dec)

Crypto Assets Prices

In the provided ‘Prices’ table, the recent prices and variations of major cryptocurrencies are displayed. Bitcoin, Ethereum, and Binance Coin have demonstrated a positive trend in their prices, accompanied by relatively low price variations. This indicates a stable and gradually increasing sentiment within the market. However, it is important to consider the volatile nature of cryptocurrencies, as price fluctuations can occur due to various factors such as market news, investor sentiments, and macroeconomic conditions.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-01-17 23:41:00Bitcoin104,331.044.14%4.344.83%5.922.29%
2025-01-16 23:41:00Bitcoin100,006.68-0.28%-0.49-4.34%3.63-0.71%
2025-01-15 23:41:00Bitcoin100,282.593.72%3.851.73%4.331.13%
2025-01-17 23:41:00Ethereum3,479.455.28%5.189.69%6.600.62%
2025-01-16 23:41:00Ethereum3,295.79-4.56%-4.51-11.34%5.98-3.04%
2025-01-15 23:41:00Ethereum3,445.996.39%6.834.02%9.024.83%
2025-01-17 23:41:00Binance Coin721.351.90%1.872.84%3.090.66%
2025-01-16 23:41:00Binance Coin707.66-0.92%-0.97-3.16%2.43-1.43%
2025-01-15 23:41:00Binance Coin714.202.19%2.190.75%3.861.86%

CryptocurrencyΒ Capitalization and Volume

The ‘Market Capitalizations and Volumes’ table showcases the total market capitalization and volume of major cryptocurrencies. The data indicates a positive trend, with gradual increases in market capitalization and trading volumes. This trend reflects growing interest and activity within the cryptocurrency market, supported by the positive sentiment and increasing adoption of cryptocurrencies. It is essential to closely monitor these metrics as they are key indicators of market health and liquidity.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-01-17 00:00:00Binance Coin103,468,847,027-0.88%1,011,309,7667.46%
2025-01-16 00:00:00Binance Coin104,388,813,4242.47%941,108,78057.19%
2025-01-15 00:00:00Binance Coin101,867,693,0981.45%598,690,984-54.15%
2025-01-17 00:00:00Bitcoin1,982,288,309,277-0.47%48,909,186,466-15.91%
2025-01-16 00:00:00Bitcoin1,991,592,948,6724.14%58,165,743,4927.39%
2025-01-15 00:00:00Bitcoin1,912,431,244,9692.24%54,162,937,949-28.62%
2025-01-17 00:00:00Ethereum397,747,096,171-4.44%25,933,158,7901.80%
2025-01-16 00:00:00Ethereum416,218,060,0187.09%25,474,134,21614.13%
2025-01-15 00:00:00Ethereum388,654,903,1862.92%22,320,661,643-46.59%
2025-01-17 00:00:00Tether137,425,162,6140.12%99,187,325,82991.10%
2025-01-16 00:00:00Tether137,260,687,1630.05%51,902,194,91215.93%
2025-01-15 00:00:00Tether137,194,563,828-0.15%44,768,986,916-23.83%

Cryptocurrency Exchanges Volume and Variation

The ‘Exchanges’ table provides insights into the capitalization and volume of major cryptocurrency exchanges. Binance remains a dominant player, showcasing consistent volume and capitalization levels. Other exchanges such as Binance US, Bitfinex, and Coinbase also contribute significantly to the overall cryptocurrency market. These exchanges serve as essential platforms for trading and investment, indicating sustained interest and activity within the market.

DateExchangeVolumeVariation
2025-01-17 00:00:00Binance303,15210.35%
2025-01-16 00:00:00Binance274,72736.40%
2025-01-15 00:00:00Binance201,417-37.05%
2025-01-17 00:00:00Binance US28210.59%
2025-01-16 00:00:00Binance US25570.00%
2025-01-15 00:00:00Binance US150-29.25%
2025-01-17 00:00:00Bitfinex4,3533.50%
2025-01-16 00:00:00Bitfinex4,206101.15%
2025-01-15 00:00:00Bitfinex2,091-71.03%
2025-01-17 00:00:00Bybit73,501-13.72%
2025-01-16 00:00:00Bybit85,18618.28%
2025-01-15 00:00:00Bybit72,019-24.69%
2025-01-17 00:00:00Coinbase66,8973.20%
2025-01-16 00:00:00Coinbase64,82564.43%
2025-01-15 00:00:00Coinbase39,423-27.72%
2025-01-17 00:00:00Crypto.com89,6144.31%
2025-01-16 00:00:00Crypto.com85,913-5.40%
2025-01-15 00:00:00Crypto.com90,820-43.70%
2025-01-17 00:00:00Gate.io42,5021.91%
2025-01-16 00:00:00Gate.io41,70428.51%
2025-01-15 00:00:00Gate.io32,452-36.14%
2025-01-17 00:00:00Kraken20,4532.40%
2025-01-16 00:00:00Kraken19,97354.29%
2025-01-15 00:00:00Kraken12,945-34.53%
2025-01-17 00:00:00KuCoin16,080-2.16%
2025-01-16 00:00:00KuCoin16,43537.21%
2025-01-15 00:00:00KuCoin11,978-35.10%
2025-01-17 00:00:00OKX44,56511.61%
2025-01-16 00:00:00OKX39,92928.94%
2025-01-15 00:00:00OKX30,968-40.67%

Mining – Blockchain Technology

The ‘Mining’ table presents information related to mining difficulty, mined blocks, block rewards, and hash rate. Mining difficulty has remained relatively stable, indicating a consistent level of computational mining capacity in the cryptocurrency market. Mined blocks and block rewards also demonstrate consistent trends, reflecting ongoing mining activities. Additionally, hash rate fluctuates within an expected range, indicating the overall computational power committed to mining cryptocurrencies. These mining indicators provide insights into the underlying infrastructure and network security of major cryptocurrencies.

Item2025-01-172025-01-162025-01-152025-01-142025-01-132025-01-122025-01-11
Difficulty110.45T110.45T110.45T110.45T110.45T109.78T109.78T
Difficulty Variation0.00%0.00%0.00%0.00%0.61%0.00%0.00%
Blocks879.56K879.43K879.29K879.14K879.01K878.84K878.70K
Blocks Variation0.01%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 GB709.10B763.91B845.61B702.80B944.99B748.43B780.65B
Hash Rate GB Variation-7.17%-9.66%20.32%-25.63%26.26%-4.13%-5.96%

Conclusion

To summarize, the cryptocurrency market has shown a neutral to positive trend over the past 24 hours. Bitcoin and Ethereum have maintained their market dominance and displayed positive price movements. Market capitalization and trading volumes have increased, affirming growing interest and activity. The positive sentiment surrounding cryptocurrencies is influenced by various factors, including economic events, regulatory developments, and influential figures’ statements such as US President-elect Donald Trump.

Looking ahead, it is important to monitor market dynamics closely, including economic events, regulatory actions, and technological advancements. These factors can significantly impact the cryptocurrency market’s direction and overall sentiment. Staying informed and conducting thorough analysis will help market participants make informed decisions.

So What

The current state of the cryptocurrency market has important implications for investors and market participants. The positive sentiment, supported by price stability and increasing market capitalization, signifies growing interest and adoption of cryptocurrencies. This presents opportunities for investment and trading strategies within the market. However, it is crucial to approach the market with caution, considering potential volatility and regulatory uncertainties.

Market participants should focus on risk management, stay informed about economic events and regulatory changes, and conduct thorough research before making investment decisions. Additionally, taking advantage of analytical tools and expert insights can provide valuable guidance in navigating the cryptocurrency market.

What next?

Looking forward, several key factors will shape the cryptocurrency market in the near future. Economic events, such as the US Treasury International Capital Net Long-Term Transactions and the US Baker Hughes Total Rig Count, have the potential to impact market sentiment and pricing trends. Regulatory developments, such as the statements and actions of government authorities, are critical to monitor as they can influence market dynamics.

Furthermore, technological advancements and adoption by institutional investors and mainstream financial firms will continue to drive the growth and maturation of the cryptocurrency market. Market participants should remain vigilant and adapt their strategies based on changing market conditions and evolving trends.

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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