China gold records and encryption strategy: Urged the United States to convert reserves into Bitcoin in 2025 | Flash news details

A tweet from the last Crypto Rover on April 29, 2025 at 10:15 am UTC, with a highlight of China’s pace in gold purchases, indicates that the United States must contradict by throwing gold and bitcoin purchase, a big discussion in the cryptocurrency community (source, Twitter, Craito Rover, April 29, 2025). This statement comes amid a background for prominent market movements in both gold and bitcoin prices, as the price of gold reached $ 2650 an ounce on April 28, 2025, at 3:00 pm UTC, on the occasion of 2.5 % per week. Meanwhile, Bitcoin has seen a price increase to $ 71,250 on April 29, 2025, 9:00 am International time, which reflects an increase of 4.7 % in 24 hours according to Coinmarketcap data (Source: Coinmarkcap, April 29, 2025). This price movement in Bitcoin coincides with an increasing commercial activity, as immediate trading volumes in major exchanges such as Binance 28.3 billion dollars in BTC/USD transactions over the past 24 hours as of April 29, 2025, 11:00 am UTC (Source: Exchange data, April 29, 2025). The scales on the chain support this upscale momentum, as Glassnode was reported to a 15 % increase in Bitco Wallet addresses that carry more than 1 BTC between April 25 and April 29, 2025, starting at 12:00 pm Upper Egypt on April 29 (Source: Glassnode, April 29, 2025). In addition, the Bitcoin network division has reached the highest level of 650 EH/S on April 28, 2025, at 6:00 pm UTC, indicating strong confidence from miners (Source: Blockchain.com, April 28, 2025). This tweet and the inherent geopolitical novel emphasizes the accumulation of gold in China in exchange for the potential adoption of Bitcoin currency in the United States a pivotal moment for encrypted currency markets, especially since investors are looking for alternative stores with valuable global economy. Trading pairs data also reflects this interest, as BTC/USD appears on Coinbase’s currency base of 5.2 % to $ 71,400 as of April 29, 2025, at 1:00 pm UTC, while BTC/ETH recorded Kaken Saband 29, 29, 29. Define Data Points This light sheds light on instant market reactions and provides mainly for analysis Possible trading strategies amid these news.

Trading effects on the purchase of aggressive gold in China and the US axis response to Bitcoin is deep for encryption investors looking for practical visions. As of April 29, 2025, at 2:00 pm UTC, the market value of Bitcoin is 1.41 trillion dollars, which represents a significant increase of 3.9 % over the past 48 hours (Source: Coingecko, April 29, 2025). This growth is linked to an increase in the institutional interest, as it is clear from a $ 320 million flow in the Bitcoin investment funds on April 28, 2025, at 5:00 pm UTC by Farside Investors (Source: Farside Investors, April 28, 2025). For traders, this indicates a possible chance of the situation in Bitcoin, especially since the fear and greed index moved to 72 (referring to greed) on April 29, 2025, at 10:00 am UTC, for every alternative. The trading volumes of major couples such as BTC/USDT also rose on Binance, reaching 12.7 billion dollars in the 24 hours, which preceded April 29, 2025, at 3:00 pm UTC, by 22 % compared to the previous day (Source: Binance ExchandE Data, April 29, 2025). Meanwhile, the volumes of transactions indicate the Blockchain.com series indicated a 17 % increase in bitcoin transactions, with the total transaction reached 623,000 on April 28, 2025, as of 8:00 pm UTC (Source: Blockchain.com, April 28, 2025). These scales indicate an increase in market activity and liquidity, which can support penetration strategies for daytime merchants. In addition, the relationship between Bitcoin and gold prices has weakened to 0.25 as of April 29, 2025, at 11:00 am UTC, in TradingView analysis, indicating that Bitcoin may be separated as a distinguished assets in response to geopolitical accounts (Source: TradingView, April 29, 2025). Traders who focus on Bitcoin investment strategies or encrypted currency market trends must closely monitor these developments for possible entry points.

From the perspective of technical analysis, the Bitcoin price procedure on April 29, 2025 shows a strong upward trend with average moving intermediate crossing for a period of 50 days above an average of 200 days on average at 68,500 dollars as of 9:30 am UTC, and it constitutes a golden cross-a historically difficult sign (Source: Tradingview, April 29, 2025). The RSI of Bitcoin 68 is on the daily chart as of April 29, 2025 at 12:30 pm UTC, indicating the excessive conditions that are purchased but constant momentum (Source: Coinmarkcap, April 29, 2025). The size analysis also supports this trend, as Binance was reported about a 24 -hour trading volume of 412,000 BTC for BTC/USD husband as of April 29, 2025, at 2:30 pm UTC, an increase of 19 % over the previous day (Source: Binance Exchange, April 29, 2025). On Coinbase, the BTC/USD pair of 185000 BTC has seen the same 24 -hour period, which enhances high liquidity via stock exchanges (Source: Coinbase exchange data, April 29, 2025). The data on the series from Glassnode also reveals a net exchange of 25000 BTC between April 27 and April 29, 2025, starting from 1:00 pm UTC on April 29, indicating that the owners of assets transfer the assets to cold storage-a long-term rising brand (Source: Glassnode, April 29, 2025). For merchants who explore bitcoin prices or encryption trading signals, these indicators collectively indicate continuous upward pressure, although caution is advised to look at RSI levels. Although this analysis is not directly related to AI’s encryption codes, it should be noted that the market tools in the market are supported by artificial intelligence algorithms, such as those used by Santiment, reported a 30 % increase in positive social media to Bitcoin on April 29, 2025, at 10:30 AM UTC (Source: Santiment, April 29, 2025). This explains how the morale analysis by artificial intelligence can affect the trends of the encryption market, which may affect trading volumes of major assets such as bitcoin. For those looking for Bitcoin 2025 trading strategies or investment opportunities in encrypted currency, data points and technical indicators provide a comprehensive framework for decision -making.

Common Questions section:
What drives the rise in Bitcoin on April 29, 2025?
The Bitcoin price increased to $ 71,250 on April 29, 2025, 9:00 am UTC, driven by multiple factors, including the increasing number of trading of $ 28.3 billion on Binance as of 11:00 am UTC UTC, and Prograntal Ensiteal in $ 320 in EDCOIN on April 28, 2025. Hold more than 1 contract. BTC, as mentioned by Glassnode on April 29, 2025, at 12:00 pm UTC (sources: Coinmarketcap, Binance, Farside Investors, Glassnode).

How does the purchase of gold in China affect the encryption market?
China recorded the pace of gold purchase, as mentioned in a tweet by Crypto Rover on April 29, 2025, at 10:15 AM UTC, indirectly enhances interest in bitcoin as an alternative store of value, and it is clear from the Bitcoin summit to $ 71,400 on Coinbase at 1:00 pm and expanded weakening with Gold at Gold. Coinbase, Tradingview).