Crypto Market Analysis & Trend: Neutral/Trending Down
In the last 24 hours, the cryptocurrency market has shown signs of a neutral to a downward trend. Bitcoin, the flagship cryptocurrency, experienced a slight decrease in price and a negative sentiment surrounding its descent into an existential crisis. Ethereum also faced challenges with scalability problems and high fees, contributing to its negative sentiment. On the positive side, altcoins like Cardano and Shiba Inu attracted investor attention, while Remittix demonstrated significant success, resulting in positive sentiment and high returns for early investors. President Trump’s involvement in the crypto market with pardons and executive actions also influenced sentiment. However, overall market sentiment remains cautious as uncertainties persist regarding regulatory actions, technological advancements, and competition among blockchain platforms.
Considering the evidence from price variations, negative sentiments in news articles, and mixed sentiments in the positive keywords, the confidence level in this analysis for the next 8 hours is moderate. It is important to continually monitor market indicators, regulatory developments, and significant news events to make informed investment decisions.
What is important
Key points to understand the current state of the cryptocurrency market:
– Bitcoin and Ethereum faced challenges with negative sentiments, including an existential crisis and scalability problems.
– Altcoins like Cardano and Shiba Inu attracted attention from investors.
– Remittix demonstrated significant success, resulting in high returns for early investors.
– President Trump’s involvement in the crypto market with pardons and executive actions influenced sentiment.
– Regulatory actions, technological advancements, and competition among blockchain platforms continue to impact market dynamics.
Top 5 – Latest Headlines & Cryptocurrency News
👍 Ethereum And Cardano Drowned By Remittix´s Success As Early Investors Bag 50% Returns In Just Three Weeks
– Remittix´s success leads to 50% returns for early investors in just three weeks.
👍 Shiba Inu and Cardano Investors Pivot to RCO Finance for Its AI Edge and 30,000% Growth Path
– Shiba Inu and Cardano investors are turning to RCO Finance for its AI edge and potential growth.
👎 Ethereum´s Descent Into Existential Crisis
– Ethereum is facing an existential crisis in the cryptocurrency market.
👎 XRP & Cardano Technology Outdated By 1Fuel Exchange as Presale Hits Major Milestones
– The 1Fuel Exchange presale has reached significant milestones, surpassing XRP and Cardano in terms of technology.
👍 Trump Grants Full Pardon to Silk Road Founder Ross Ulbricht
– Silk Road founder Ross Ulbricht has been granted a full pardon by President Trump.
Factors Driving the Growth – Market Sentiment
The most frequently mentioned positive sentiment keywords in the news were bitcoin, Cardano, and Remittix, reflecting successful investments, potential growth, and positive forecasts. Meanwhile, negative sentiment keywords included Ethereum, Trump, and XRP, due to existential crises, regulatory actions, and outdated technology concerns.
Positive Terms – Sentiment Analysis
| Occurrences | Keyword |
|---|---|
| 28 | bitcoin |
| 14 | xrp |
| 13 | cryptocurrency market |
| 10 | crypto |
| 10 | trump |
| 8 | dogecoin |
| 7 | cardano |
| 7 | remittix |
| 6 | ethereum |
| 6 | investors |
Negative Terms – Sentiment Analysis
| Occurrences | Keyword |
|---|---|
| 6 | bitcoin |
| 5 | cryptocurrency market |
| 5 | trump |
| 4 | ethereum |
| 4 | executive order |
| 3 | price |
| 3 | trump memecoins |
| 2 | $29m |
| 2 | ban |
| 2 | cardano |
Crypto Investor Fear & Greed Index
The ‘Fear and Greed Indicators’ showed varying levels of sentiment ranging from extreme greed to fear in the cryptocurrency market. The indicators for bitcoin reflected levels of both greed and fear, indicating mixed sentiment. This suggests that market participants are evaluating both positive and negative factors before making investment decisions.
| Date | Value | Variation | Source |
|---|---|---|---|
| 2025-01-23 00:00:00 | 75pt | -9pt | Alternative.me |
| 2025-01-22 00:00:00 | 84pt | 0pt | Alternative.me |
| 2025-01-23 00:00:00 | 75pt | -9pt | BitDegree.org |
| 2025-01-22 00:00:00 | 84pt | 0pt | BitDegree.org |
| 2025-01-23 16:00:00 | 66pt | -3pt | BtcTools.io |
| 2025-01-23 00:00:00 | 69pt | 0pt | BtcTools.io |
| 2025-01-22 16:00:00 | 69pt | 2pt | BtcTools.io |
| 2025-01-22 08:00:00 | 67pt | -1pt | BtcTools.io |
| 2025-01-22 00:00:00 | 68pt | 2pt | BtcTools.io |
| 2025-01-21 08:00:00 | 66pt | 0pt | BtcTools.io |
| 2025-01-23 00:00:00 | 59pt | 0pt | Coinstats.app |
| 2025-01-23 00:00:00 | 66pt | 7pt | Coinstats.app |
| 2025-01-22 00:00:00 | 59pt | 0pt | Coinstats.app |
Bitcoin: Active Addresses
The ‘Bitcoin Address Indicators’ demonstrated the number of active addresses of wallets and the quantities of wallet addresses based on balance values. The data indicated fluctuations in the number of active addresses, reflecting changes in user activity. Likewise, the number of addresses with different balance thresholds showcased varying patterns. These indicators can provide insights into user engagement and address distribution in the bitcoin network.
| Date | Addresses | Variation | Indicator | Source |
|---|---|---|---|---|
| 2025-01-20 09:00:00 | 1,365,114,417 | 0.00% | Total Addresses | bitaps.com |
| 2025-01-20 09:00:00 | 792,493 | 1.69% | Bitcoin Active Addresses | btc.com |
| 2025-01-20 09:00:00 | 540,336 | 0.00% | Addresses with over 0 | bitaps.com |
| 2025-01-20 09:00:00 | 219,218 | 0.00% | Addresses with over 0.0000001 | bitaps.com |
| 2025-01-20 09:00:00 | 4,034,234 | 0.00% | Addresses with over 0.000001 | bitaps.com |
| 2025-01-20 09:00:00 | 10,841,504 | 0.00% | Addresses with over 0.00001 | bitaps.com |
| 2025-01-20 09:00:00 | 13,183,953 | 0.02% | Addresses with over 0.0001 | bitaps.com |
| 2025-01-20 09:00:00 | 11,557,502 | 0.02% | Addresses with over 0.001 | bitaps.com |
| 2025-01-20 09:00:00 | 7,885,758 | 0.01% | Addresses with over 0.01 | bitaps.com |
| 2025-01-20 09:00:00 | 3,476,035 | 0.01% | Addresses with over 0.1 | bitaps.com |
| 2025-01-20 09:00:00 | 841,872 | 0.01% | Addresses with over 1 | bitaps.com |
| 2025-01-20 09:00:00 | 134,470 | 0.03% | Addresses with over 10 | bitaps.com |
| 2025-01-20 09:00:00 | 15,730 | 0.06% | Addresses with over 100 | bitaps.com |
| 2025-01-20 09:00:00 | 1,970 | 0.05% | Addresses with over 1,000 | bitaps.com |
| 2025-01-20 09:00:00 | 92 | 0.00% | Addresses with over 10,000 | bitaps.com |
| 2025-01-20 09:00:00 | 4 | 0.00% | Addresses with over 100,000 | bitaps.com |
Economic events to move the cryptocurrency market
The ‘Economic Events’ presented important events from the global financial market, including consumer sentiment, home sales, jobless claims, and other economic indicators. These events can impact market sentiment and provide insights into the overall economic health and future trends in the cryptocurrency market.
| Date | Impact | Event |
|---|---|---|
| 2025-01-24 15:00:00 | Moderate | Consumer Sentiment Year-ahead Inflation Expectations |
| 2025-01-24 15:00:00 | High | Existing Home Sales Annual Rate |
| 2025-01-24 15:00:00 | Moderate | Consumer Sentiment Index |
| 2025-01-24 15:00:00 | High | Existing Home Sales Month over Month |
| 2025-01-24 15:00:00 | High | Existing Home Sales Year over Year |
| 2025-01-24 14:45:00 | Moderate | PMI Composite Flash Services Index |
| 2025-01-24 14:45:00 | Moderate | PMI Composite Flash Manufacturing Index |
| 2025-01-24 14:45:00 | Moderate | PMI Composite Flash Composite Index |
| 2025-01-23 23:30:00 | Moderate | JPY – National CPI (MoM) (Dec) |
| 2025-01-23 23:30:00 | Moderate | JPY – National Core CPI (YoY) (Dec) |
| 2025-01-23 21:30:00 | Moderate | USD – Fed´s Balance Sheet |
| 2025-01-23 18:00:00 | Moderate | USD – 10-Year TIPS Auction |
| 2025-01-23 17:00:00 | Moderate | USD – Cushing Crude Oil Inventories |
| 2025-01-23 17:00:00 | High | USD – Crude Oil Inventories |
| 2025-01-23 17:00:00 | High | EIA Petroleum Status Report Crude Oil Inventories – W/W |
| 2025-01-23 17:00:00 | High | EIA Petroleum Status Report Distillate Inventories – W/W |
| 2025-01-23 17:00:00 | High | EIA Petroleum Status Report Gasoline Inventories – W/W |
| 2025-01-23 16:00:00 | High | USD – U.S. President Trump Speaks |
| 2025-01-23 15:30:00 | Moderate | EIA Natural Gas Report Week over Week |
| 2025-01-23 13:30:00 | Moderate | CAD – Retail Sales (MoM) (Nov) |
| 2025-01-23 13:30:00 | Moderate | CAD – Core Retail Sales (MoM) (Nov) |
| 2025-01-23 13:30:00 | High | USD – Initial Jobless Claims |
| 2025-01-23 13:30:00 | Moderate | USD – Continuing Jobless Claims |
| 2025-01-23 13:30:00 | High | Jobless Claims Initial Claims – Level |
| 2025-01-23 13:30:00 | High | Jobless Claims 4-Week Moving Average |
| 2025-01-23 13:30:00 | High | Jobless Claims Initial Claims – Change |
| 2025-01-23 08:00:00 | Moderate | CHF – World Economic Forum Annual Meetings |
| 2025-01-23 05:00:00 | Moderate | SGD – CPI (YoY) (Dec) |
| 2025-01-23 05:00:00 | Moderate | SGD – Core CPI (YoY) (Dec) |
| 2025-01-23 00:30:00 | Moderate | AUD – NAB Business Confidence (Dec) |
Crypto Assets Prices
The ‘Prices’ table showcased the price, price variation, and volatility of major cryptocurrencies. Bitcoin experienced slight price fluctuations over the past 24 hours, while Ethereum and other altcoins also displayed varying price movements. The volatility data indicated the extent of price fluctuations within a given period. These price and volatility trends can help investors assess market sentiment and potential trading opportunities.
| Date | Cryptocurrency | Price | Price Variation | 24h Variation | 24h Variation Difference | 24h Volatility | 24h Volatility Difference |
|---|---|---|---|---|---|---|---|
| 2025-01-24 00:03:00 | Bitcoin | 103,804.95 | 0.12% | 0.48 | 2.62% | 5.52 | 2.56% |
| 2025-01-23 00:03:00 | Bitcoin | 103,681.03 | -2.32% | -2.14 | -6.99% | 2.96 | -4.16% |
| 2025-01-22 00:03:00 | Bitcoin | 106,090.68 | 3.68% | 4.85 | 2.44% | 7.11 | -2.88% |
| 2025-01-24 00:03:00 | Ethereum | 3,344.57 | 3.12% | 2.80 | 6.41% | 5.17 | 0.86% |
| 2025-01-23 00:03:00 | Ethereum | 3,240.12 | -2.72% | -3.61 | -6.75% | 4.30 | -0.80% |
| 2025-01-22 00:03:00 | Ethereum | 3,328.18 | 1.47% | 3.14 | -0.28% | 5.10 | -3.98% |
| 2025-01-24 00:03:00 | Binance Coin | 690.60 | -0.78% | -0.59 | -0.92% | 2.43 | 0.38% |
| 2025-01-23 00:03:00 | Binance Coin | 695.96 | 0.52% | 0.33 | -2.11% | 2.05 | -1.21% |
| 2025-01-22 00:03:00 | Binance Coin | 692.31 | 1.39% | 2.44 | 1.47% | 3.26 | -2.46% |
Cryptocurrency Capitalization and Volume
The ‘Market Capitalizations and Volumes’ table presented the total market capitalization and trading volume of major cryptocurrencies. The data highlighted the relative market share of each cryptocurrency and their trading activity. Analyzing market capitalization and volume trends can reveal insights into market liquidity and investor interest.
| Date | Cryptocurrency | Capitalization | Capitalization Variation | Volume | Volume Variation |
|---|---|---|---|---|---|
| 2025-01-23 00:00:00 | Binance Coin | 101,606,376,332 | 0.58% | 832,358,164 | -25.79% |
| 2025-01-22 00:00:00 | Binance Coin | 101,020,028,661 | 2.15% | 1,121,606,242 | -49.26% |
| 2025-01-23 00:00:00 | Bitcoin | 2,052,557,104,063 | -2.46% | 53,556,597,518 | -39.44% |
| 2025-01-22 00:00:00 | Bitcoin | 2,104,351,342,339 | 4.29% | 88,428,719,877 | -27.46% |
| 2025-01-23 00:00:00 | Ethereum | 391,325,577,902 | -2.42% | 21,853,187,194 | -35.15% |
| 2025-01-22 00:00:00 | Ethereum | 401,040,481,437 | 2.03% | 33,698,884,811 | -37.38% |
| 2025-01-23 00:00:00 | Tether | 138,479,999,595 | 0.03% | 47,959,098,705 | -69.74% |
| 2025-01-22 00:00:00 | Tether | 138,438,205,244 | 0.15% | 158,494,395,391 | -22.19% |
Cryptocurrency Exchanges Volume and Variation
The ‘Exchanges’ table depicted the trading volumes and variations across major cryptocurrency exchanges. Understanding the trading volumes and variations can provide insights into market liquidity and investor sentiment towards different exchanges. It allows investors to assess the preference and activity level on each platform.
| Date | Exchange | Volume | Variation |
|---|---|---|---|
| 2025-01-23 00:00:00 | Binance | 237,244 | -35.40% |
| 2025-01-23 00:00:00 | Binance | 236,437 | -0.34% |
| 2025-01-23 00:00:00 | Binance | 235,805 | -0.27% |
| 2025-01-22 00:00:00 | Binance | 367,273 | -44.14% |
| 2025-01-23 00:00:00 | Binance US | 181 | 0.00% |
| 2025-01-23 00:00:00 | Binance US | 182 | -22.55% |
| 2025-01-23 00:00:00 | Binance US | 181 | -0.55% |
| 2025-01-22 00:00:00 | Binance US | 235 | -36.83% |
| 2025-01-23 00:00:00 | Bitfinex | 2,339 | -0.89% |
| 2025-01-23 00:00:00 | Bitfinex | 2,305 | -1.45% |
| 2025-01-23 00:00:00 | Bitfinex | 2,360 | -62.88% |
| 2025-01-22 00:00:00 | Bitfinex | 6,358 | -27.06% |
| 2025-01-23 00:00:00 | Bybit | 70,390 | -31.96% |
| 2025-01-23 00:00:00 | Bybit | 70,189 | -0.29% |
| 2025-01-23 00:00:00 | Bybit | 70,472 | 0.40% |
| 2025-01-22 00:00:00 | Bybit | 103,459 | -46.90% |
| 2025-01-23 00:00:00 | Coinbase | 44,336 | 0.55% |
| 2025-01-23 00:00:00 | Coinbase | 45,655 | 2.98% |
| 2025-01-23 00:00:00 | Coinbase | 44,094 | -33.50% |
| 2025-01-22 00:00:00 | Coinbase | 66,308 | -38.67% |
| 2025-01-23 00:00:00 | Crypto.com | 97,775 | -46.28% |
| 2025-01-23 00:00:00 | Crypto.com | 98,107 | 0.34% |
| 2025-01-23 00:00:00 | Crypto.com | 98,230 | 0.13% |
| 2025-01-22 00:00:00 | Crypto.com | 182,012 | 166.93% |
| 2025-01-23 00:00:00 | Gate.io | 41,114 | -0.05% |
| 2025-01-23 00:00:00 | Gate.io | 41,226 | -33.73% |
| 2025-01-23 00:00:00 | Gate.io | 41,135 | -0.22% |
| 2025-01-22 00:00:00 | Gate.io | 62,209 | -47.95% |
| 2025-01-23 00:00:00 | Kraken | 14,354 | -0.25% |
| 2025-01-23 00:00:00 | Kraken | 14,335 | -0.13% |
| 2025-01-23 00:00:00 | Kraken | 14,390 | -34.80% |
| 2025-01-22 00:00:00 | Kraken | 22,071 | -41.50% |
| 2025-01-23 00:00:00 | KuCoin | 12,575 | -36.76% |
| 2025-01-23 00:00:00 | KuCoin | 12,524 | -0.41% |
| 2025-01-23 00:00:00 | KuCoin | 12,570 | 0.37% |
| 2025-01-22 00:00:00 | KuCoin | 19,883 | -41.20% |
| 2025-01-23 00:00:00 | OKX | 38,832 | -0.43% |
| 2025-01-23 00:00:00 | OKX | 38,668 | -0.42% |
| 2025-01-23 00:00:00 | OKX | 38,999 | -44.11% |
| 2025-01-22 00:00:00 | OKX | 69,774 | -47.51% |
Mining – Blockchain Technology
The ‘Mining’ table focused on mining difficulty, blocks, block rewards, and hash rate in the cryptocurrency market. The data showcased the challenges and achievements in the mining landscape. Evaluating mining indicators enables investors to gauge the mining network’s health and understand the potential impact on the overall cryptocurrency market.
| Date | Difficulty | Difficulty Variation | Blocks | Blocks Variation | Reward BTC | Reward BTC Variation | Hash Rate GB | Hash Rate GB Variation |
|---|---|---|---|---|---|---|---|---|
| 2025-01-23 | 110.45T | 0.00% | 880.42K | 0.02% | 3.13 | 0.00% | 823.59B | 13.54% |
| 2025-01-23 | 110.45T | 0.00% | 880.42K | 0.00% | 3.13 | 0.00% | 819.32B | -0.52% |
| 2025-01-23 | 110.45T | 0.00% | 880.43K | 0.00% | 3.13 | 0.00% | 819.32B | 0.00% |
| 2025-01-22 | 110.45T | 0.00% | 880.27K | 0.01% | 3.13 | 0.00% | 725.36B | -13.76% |
| 2025-01-21 | 110.45T | 0.00% | 880.14K | 0.02% | 3.13 | 0.00% | 841.11B | 1.42% |
| 2025-01-20 | 110.45T | 0.00% | 879.99K | 0.02% | 3.13 | 0.00% | 829.35B | 16.08% |
| 2025-01-19 | 110.45T | 0.00% | 879.84K | 0.01% | 3.13 | 0.00% | 714.44B | -12.80% |
| 2025-01-18 | 110.45T | 0.00% | 879.71K | 0.02% | 3.13 | 0.00% | 819.32B | 15.54% |
Conclusion
In conclusion, the cryptocurrency market has shown a neutral to a downward trend, influenced by various factors such as existential crises, regulatory actions, and technological advancements. Positive sentiment was observed with successful investments, potential growth of altcoins, and notable achievements in the crypto space. However, negative sentiments emerged from challenges faced by leading cryptocurrencies and concerns about outdated technology.
So What
The current state of the cryptocurrency market indicates the importance of comprehensive analysis, monitoring market indicators, and staying informed about regulatory developments. Investors should assess risk levels, evaluate potential investment opportunities in altcoins with growth potential, and consider the impact of macroeconomic events on market dynamics.
What next?
Looking ahead, it is crucial to closely monitor market trends, regulatory changes, and technological advancements. The cryptocurrency market remains highly dynamic, and future developments could significantly impact prices and investor sentiment. Diversification and careful risk management strategies are recommended for navigating potential volatility and capitalizing on emerging 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.
