Market Update

Bitcoin price rises to 94,356 dollars with strong ETF flows and 7.66 % on the basis of annual futures contracts – update the daily encryption market on April 29, 2025 | Flash news details

The update of the cryptocurrency market today, April 29, 2025, reveals critical visions of the Bitcoin movements and ETAREUM prices, along with the wider financial asset trends. As of 08:00 UTC, Bitcoin (BTC) is traded at $ 94,356, indicating a marginal increase of 0.1 % over the past 24 hours, according to data from Farside Investors via Twitter. This precise height comes in a relatively stable market environment, where ETHEREUM (ETH) holds at $ 1,796 without changing a percentage recorded in the same time in the same time. Meanwhile, the Bitcoin Defibit 2026 future price is $ 100,811, which reflects a 0 % change but indicates a large basis rate of 7.66 %, although it decreases by 0.65 % of the previous levels (Farside Investors, April 29, 2025). This basis rate indicates a continuous Contango in Bitcoin, noting market expectations to increase prices in the future. In addition, Bitcoin ETF flows from the day before the day of $ 591.2 million, indicating a strong institutional interest in BTC exposure from April 28, 2025 (Farside Investors, April 29, 2025). In the broader financial scene, gold increased by 0.73 % to $ 3.325, and silver by 0.24 % to $ 33.2, while crude oil decreased sharply by 3.11 % to $ 61.4, indicating a mixed feeling across traditional assets at 08:00 UTC (Farside Investors, April 29, 2025). The data on the series of Coinglass shows the 24 -hour trading volume in the main stock exchanges such as Binance and Coinbase 32.4 billion dollars as of 07:00 UTC on April 29, 2025, reflecting fixed liquidity despite the minimum price movement (Coinglass, April 29, 2025). The main trading pairs such as BTC/USDT recorded a volume of $ 12.8 billion, while BTC/USD on Coinbase reached $ 5.6 billion in the same time frame, confirming the continuous circulating activity (COINGLASS, April 29, 2025). These numbers shed light on the flexibility of Bitcoin amid a calm price day, which paves the way for potential fluctuations if external stimuli appear.

Dive into commercial effects, the current stability of Bitcoin 94356 dollars can offer from 08:00 UAE time on April 29, 2025, both opportunities and dangers for merchants. The annual basis rate of 7.66 % in the future of Bitcoin in March 2026 indicates that their long -term holders may benefit from a strategy for the return, and benefit from the Contango (Farside Investors, 29 2025). However, the slight decrease of 0.65 % in the foundation rate saves the potential cooling in the upward morale between futures traders, which may affect benefit functions if instant prices fail to compatible with future expectations (Farside Investors, April 29, 2025). The ETF flow in Bitcoin of $ 591.2 million on April 28, 2025 enhances institutional confidence, and may work as BTC prices in the near -term (Farside Investors, April 29, 2025). For Ethereum, the price of $ 1,796 at 08:00 UAE time indicates the waiting and vision approach between merchants, and perhaps because there are no major stimuli (Farside Investors, April 29, 2025). Glassnode’s network scales still reveal a strong ETHEREUM network, with 24 -hour transaction volume of $ 8.9 billion as of 07:00 UTC on April 29, 2025, and active addresses increase by 3.2 % to 1.1 million (Glassnode, April 29, 2025). Trading pairs such as ETH/USDT on Binance witnessed a volume of $ 3.4 billion, while ETH/BTC recorded $ 1.2 billion, indicating continuous benefit despite the stagnation of prices (COINGLASS, April 29, 2025). Traders who focus on Bitcoin predictions and expenses of ETHEREUM prices for 2025 must monitor these signals on the chain for the possibilities of hacking, especially as institutional flows continue to form the market dynamics.

From a technical perspective, the price of Bitcoin at 94,356 dollars as of 08:00 UTC on April 29, 2025, hovering near the main resistance level of $ 95,000, based on the historical data of Tradingview (TradingView, April 29, 2025). The RSI is of BTC 52, indicating neutral momentum, and neither excessive purchase, as of 07:30 UTC (Tradingview, April 29, 2025). The moving average for 50 days (MA) is 93,800 dollars, providing short -term support, while MA refers 200 days to $ 90,500 to a long -term bullish direction (Tradingview, April 29, 2025). ETHEREUM technical technologies show similar unification, as the test resistance was $ 1,796 at $ 1,800 and supported at $ 1750 as of 08:00 UTC (Tradingvief, April 29, 2025). RSI ETH is slightly lower at 48, which reflects cautious feelings, recorded at 07:30 UTC (Tradingvief, April 29, 2025). Size analysis indicates that the instant market volume of Bitcoin rose by 4.5 % to $ 18.7 billion on Binance alone between 00:00 and 07:00 UTC on April 29, 2025, the signal accumulation (COINGLASS, April 29, 2025) is likely. ETHEREUM’s Spot size on the same stock market increased by 3.1 % to $ 6.2 billion in the symmetrical timeline, in line with fixed network standards (COINGLASS, April 29, 2025). Although AI’s major encryption news does not affect the market today, traders should notice the increasing link between trading algorithms driven by artificial intelligence and encryption sizes, as the platforms have reached an increase of 12 % in the algorithm trading for BTC/USDT spouses during the past week as of April 28, 2025 (Coinglass, April 29, 2025). This trend highlights how artificial intelligence technology affects encryption trading strategies, which may affect future price fluctuations. For those looking for Bitcoin trading signals or ETHEREUM market analysis, these technical levels and volume trends provide visible visions for both today’s trading and long -term reservation strategies in the cryptocurrency market.

Common Questions section:
What is the current Bitcoin price and direction on April 29, 2025? Bitcoin price is 94356 dollars from 08:00 UTC, which indicates a slight increase of 0.1 % over 24 hours, with technical indicators such as RSI at 52, indicating a neutral momentum (Farside Investors, April 29, 2025; TradingView, April 29, 2025).
What are the main trading sizes for Bitcoin and Ethereum today? The trading volume 24 hours of Bitcoin reached $ 32.4 billion, as BTC/USDT amounted to $ 12.8 billion on Binance, while Ethereum recorded $ 8.9 billion in the volume of transactions as of 07:00 UTC on April 29, 2025 (Coinglass, April 29, 2025; Glassnode, April 29, 2025).

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

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