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Memecoins News: BONK Price Surges 60% in a Week as Solana Memecoins Lead Crypto Rally

BONK (BONK), the second-largest Solana-based memecoin by market capitalization, has posted a massive 60% gain over the past week, fueled by a broader memecoin rally, surging futures activity, and a bullish technical breakout. The memecoin frenzy shows no signs of slowing, with BONK eyeing further upside potential.BONK Price Climbs 73% Since April 22, Hitting a 5-Month HighBONK's price has rallied approximately 73% from its April 22 low of $0.00001247, reaching an intraday peak of $0.00002167 on April 28, according to Cointelegraph Markets Pro and TradingView data. As of April 29, BONK trades around $0.00001923, up 3% in the last 24 hours and 60% over the past seven days.BONK’s 24-hour trading volume surged by 98% to $478 million, briefly pushing its market capitalization to $1.7 billion before settling at approximately $1.5 billion.Memecoins See a Broader Comeback Across the Crypto MarketBONK’s surge aligns with a wider bullish trend across the memecoin sector:DOGE gained 3% and SHIB rose 5% over the past week.Official Trump (TRUMP) soared 73%, reflecting renewed political memecoin interest.BRETT on the Base network jumped 83% in the same period.The total memecoin market cap has expanded to $55.51 billion, representing a 17.5% increase week-over-week, per CoinMarketCap. Over $7.96 billion in memecoin trading volume was recorded in the past seven days, an 85% rise, signaling heightened investor risk appetite.BONK Futures Open Interest Triples in One WeekSupporting BONK’s price surge, open interest (OI) in BONK futures has surged:BONK’s OI rose 290%, from $11 million on April 22 to $43.2 million by April 26.Current OI stands around $28 million, significantly above the levels observed since late 2024.Data from CoinGlass shows rising demand for leveraged long positions, as reflected in the positive funding rates, indicating continued bullish sentiment among futures traders.Social Media Buzz Boosts BONK’s PopularityBONK’s social dominance also spiked sharply:Santiment data shows BONK's social dominance rose from 0.091% to 0.572% between April 20 and April 26.High social activity has increased retail and institutional interest, amplifying FOMO (fear of missing out) and further driving demand.BONK Breaks Key Technical Levels: What’s Next?BONK's price action recently triggered a bullish breakout:On April 13, BONK broke out of a multimonth descending parallel channel, flipping the 50-day and 100-day exponential moving averages (EMAs) to support.BONK now faces key resistance at $0.00002410 (the 200-day SMA).A daily close above $0.00002410 with strong volume could propel BONK toward the January 19 range high near $0.000040, representing a potential 104% gain from current levels.However, the Relative Strength Index (RSI) sits at 71, signaling overbought conditions, which could trigger short-term profit-taking before the next leg higher.Analyst World of Charts commented: “$BONK’s descending trendline got cleared. Expecting 2x in the coming days.”Meanwhile, Crypto Joe identified a bullish pennant breakout on the 30-minute timeframe, setting an upside target of $0.00002690, according to Cointelegraph.Key Highlights:BONK price is up 60% in a week, leading Solana-based memecoins.Futures open interest in BONK tripled in 7 days, signaling strong speculative demand.A breakout above $0.00002410 could trigger a move toward $0.000040.Overbought RSI suggests a brief correction could occur before further gains.
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Ray Dalio Warns Global Monetary Order Is "On the Brink" Amid Trump Tariffs and Deglobalization

Billionaire investor Ray Dalio has issued a stark warning that the global monetary order is nearing a critical breakdown, driven by rising trade tensions, deglobalization, and unsustainable financial imbalances. In a recent statement, Dalio emphasized that the Trump administration’s aggressive tariff policies are accelerating irreversible changes in the global economic system, urging for urgent corrective action.Global Monetary Order Faces Breakdown, Says DalioIn an April 28 post on X (formerly Twitter), Ray Dalio, founder and former CEO of Bridgewater Associates, said the world is "on the brink" of a historic monetary disruption.Dalio argues that escalating trade frictions — especially between the United States and China — are fracturing both economic and political alliances, fueling deglobalization and creating dangerous trade imbalances.He emphasized that the tariff-driven tensions are forcing countries to "radically reduce interdependencies" with the U.S. and seek alternative economic partnerships, regardless of future policy shifts."Whatever happens with tariffs, these problems won't go away," Dalio wrote. "Radically reduced interdependencies with the U.S. is a reality that has to be planned for."America's Unsustainable Role in Global TradeDalio warned that the United States’ current position as the largest consumer of manufactured goods and the largest issuer of debt is becoming increasingly unsustainable.He criticized the "naive thinking" that trade partners would continue selling goods to the U.S. and accept payments in U.S. dollars indefinitely. Instead, Dalio predicted that more nations will begin bypassing the dollar, forming new trade alliances based on alternative currencies.While he did not specify which assets or currencies could replace the U.S. dollar, Dalio has previously advocated for "hard money" alternatives like Bitcoin (BTC) and gold as hedges during periods of global financial stress.Call for Calm and Policy CoordinationDalio stressed that the U.S. needs a more strategic and coordinated approach to resolve these emerging challenges.He called on policymakers to tackle the country’s growing debt problem directly and warned that ignoring structural issues could result in irreversible economic damage."Thus far, we haven’t seen the better ways and have instead seen disturbing fighting and volatility," Dalio said, noting that this turmoil is compounding long-term risks.Dalio urged investors and decision-makers to focus beyond short-term market movements and address "big fundamental changes" shaping the global financial system.Trade War Impact Already EvidentThe Trump administration’s tariff policies have already had widespread economic effects:China: Hit hardest, facing a 145% tariff on all U.S.-bound exports.Canada and Mexico: Subjected to a 25% tariff on most goods.Key Bitcoin Mining Nations: Countries like Thailand, Indonesia, and Malaysia have seen tariff rates of 36%, 32%, and 24% respectively, impacting hardware imports into the U.S.These moves have disrupted global supply chains and accelerated shifts toward alternative trading routes and settlement systems.
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Ethereum News: Ethereum Price Eyes $2,000 Breakout as ETF Inflows and On-Chain Strength Build Momentum

Ethereum (ETH) is building strong bullish momentum, fueled by resurging institutional interest, robust network fundamentals, and a favorable technical setup. With price action holding firmly above $1,800 and forming a classic bull flag pattern, analysts are increasingly optimistic that Ether could soon break the $2,000 resistance and target $2,100 next.Institutional Ethereum ETF Demand Reignites Bullish MomentumEther’s price rose to a multi-week high of $1,860 on April 28, its highest level since early April. Market analysts agree that sustaining levels above $1,800 is crucial for maintaining the bullish momentum.“Once ETH confirms this 4-hour close above resistance [$1,800], Ether and altcoins will finally get their time to shine,” said trader Kiran Gadakh in an April 29 X post, forecasting a quick surge toward $2,000.Institutional interest in Ethereum appears to be rebounding strongly. On April 28, Ethereum ETFs recorded $64.1 million in net inflows, following $151.7 million of inflows during the week ending April 25 — the highest inflows since February 2025, according to CoinShares.Moreover, Ethereum investment products ended an eight-week streak of outflows with $183 million in net inflows last week, signaling renewed confidence among traditional finance participants."Concerns over corporate earnings and a weakening US dollar are driving investors toward digital assets as emerging safe havens," noted CoinShares' head of research James Butterfill.This surge in institutional buying exerts upward pressure on ETH price by absorbing available supply and validating its role as a macro hedge asset.Ethereum Network Fundamentals Remain StrongEthereum continues to dominate the Layer-1 landscape, boasting a total value locked (TVL) of $51.8 billion, according to DefiLlama — an impressive 16% increase over the past seven days.Aave, Lido, EigenLayer, and Ether.fi led deposit growth, posting double-digit TVL increases.Ethereum's daily DEX volume jumped by 30% to $1.65 billion, reflecting strengthening trading activity across decentralized platforms.While Sui and Solana have seen higher percentage surges in DEX volumes, Ethereum maintains a commanding lead in absolute figures, reinforcing its critical role in the DeFi ecosystem.Compared to other blockchains, Ethereum’s steady growth trajectory in both TVL and transaction volume highlights its enduring network effect and developer activity advantage.ETH Price Technical Setup Hints at $2,100 NextTechnically, Ethereum has formed a bull flag pattern on the four-hour chart — a bullish continuation formation signaling a potential breakout.A four-hour close above the flag’s upper boundary at $1,800 has validated the pattern.Based on the flagpole's height, the upside target for ETH is around $2,100, representing a 15% rally from current levels.Additionally, the Relative Strength Index (RSI) hovers around 60, reinforcing bullish conditions without flashing overbought warnings.Analysts also point to the 20-day simple moving average (SMA) at around $1,700 as solid support, offering a strong base for Ethereum's next leg higher.If Ethereum sustains above $1,800 and gathers momentum, reaching the $2,100 target appears plausible — and breaking through $2,110 resistance could even pave the way for a move toward $2,500 later in 2025, according to historical pattern projections.With ETF inflows resurging, strong DeFi and trading activity, and a bullish technical setup, Ethereum price is increasingly well-positioned to break through $2,000 and potentially test $2,100 in the coming days.While macroeconomic conditions and broader crypto market sentiment will still play a role, Ethereum's improving fundamentals and growing institutional interest are setting the stage for a possible major breakout in the near term.Key Highlights:Ethereum ETFs posted the highest inflows since February 2025.Ethereum TVL climbed 16% weekly to reach $51.8 billion.A bull flag on the ETH chart targets $2,100 as the next resistance.
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Tether Co-Founder: US Dollar Faces Growing Stablecoin Competition Amid Trump-Backed Initiatives

The stablecoin sector is evolving rapidly as new forms of asset backing emerge, with growing competition challenging the US dollar’s long-standing dominance, according to Tether co-founder Reeve Collins. Speaking to Cointelegraph, Collins suggested that tokenized money market funds, commodities, and real-world assets (RWA) could shape the next generation of stablecoins, offering users higher yields and more diverse options.Tokenized Assets to Reshape Stablecoin BackingCollins, now focused on bringing stablecoin yield solutions through Pi Protocol, explained that stablecoins backed by traditional financial instruments like money market funds — which can offer higher yields than short-term government securities such as T-bills — may become increasingly attractive to users."When you can back [stablecoins] with money market funds that generate a higher yield than T-bills, those will take precedence," Collins said, highlighting that tokenized assets could soon offer superior returns compared to traditional dollar-pegged options.The executive further emphasized that as the tokenization of various asset classes accelerates, stablecoins could diversify their reserves to include commodities, equities, or other tokenized real-world assets, giving users a broader range of alternatives beyond dollar-backed models.Trump-Backed Stablecoin Signals Institutional AcceptanceIn March, the World Liberty Financial (WLFI) project, reportedly backed by US President Donald Trump, launched its stablecoin on BNB Chain and Ethereum networks, although trading for the tokens has not yet commenced.Collins believes this development represents a pivotal shift in the global perception of stablecoins."The President of the United States launched a stablecoin. It’s impressive. It lays the foundation for the rest of the world to do it as well," Collins commented, adding that the move signals broader acceptance across institutions, governments, and fintech companies.According to Collins, Trump's association with a stablecoin initiative is likely to encourage greater mainstream adoption and regulatory clarity, fostering growth both in the United States and internationally.Outlook: A Diversified Stablecoin EcosystemThe emergence of alternative stablecoin models backed by real-world tokenized assets, combined with political and institutional engagement, could reshape the stablecoin ecosystem. While the US dollar remains dominant, new entrants offering higher yields, broader asset backing, and regulatory acceptance may lead to a more competitive, decentralized future for digital currencies.As stablecoins evolve beyond simple dollar-pegged instruments, users may soon have a variety of options tailored to different risk profiles, yield expectations, and asset preferences, according to Cointelegraph.Key Developments:Tether co-founder predicts stablecoins backed by money market funds, RWAs, and commodities.Trump-linked stablecoin project signals greater political and institutional acceptance.Stablecoin market poised for diversification beyond US dollar dominance.
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Bitcoin News: Bitcoin Reclaims $95K as Bulls Defend Critical Support Zone

Bitcoin (BTC) has reclaimed the $95,000 level after breaking through multiple key resistance points, signaling renewed bullish momentum. However, analysts caution that Bitcoin remains in a critical zone as traders watch whether the 2025 yearly open at $93,500 can continue to act as strong support.Bitcoin Breaks Triple Resistance, Regains Bullish MomentumOver the past week, Bitcoin decisively broke through three important resistance levels:Horizontal weekly resistance.A multimonth downtrend line.The 21-week exponential moving average (EMA)."Bitcoin broke them all last week," noted popular crypto analyst Rekt Capital, highlighting the "Triple Resistance Breakout" on social media.Bitcoin is now trading firmly above both the 21-week and 50-week EMAs — historically strong bull market indicators. Rekt Capital compared the current price behavior to Bitcoin's mid-2021 recovery, reinforcing the bullish case.“Bitcoin has repeated mid-2021 price history with a breakout from its range formed by the two Bull Market EMAs,” he stated.$93.5K Remains the Critical Line to WatchDespite the renewed bullish structure, Bitcoin faces a crucial test at the $93,500 level, corresponding to the 2025 yearly open.While BTC briefly dipped below $93,500 after the weekly close, strong buying pressure helped the price rebound above $95,000 on April 29, calming immediate concerns.Keith Alan, co-founder of Material Indicators, emphasized that Bitcoin is still within a "critical zone," warning that any failure to maintain $93,500 support could invite downside volatility."It's one of the reasons why I think we could see more downside volatility," Alan said, although he noted that a successful retest could reinforce bullish strength.Alan also pointed out that the 21-week simple moving average (SMA) — currently tracking upward — could serve as additional support if needed.Buy Wall Near $94,000 Strengthens Short-Term SupportData from CoinGlass shows a substantial buy wall near $94,000 on Binance Futures, suggesting that traders are actively defending lower levels. This liquidity cluster could help stabilize Bitcoin’s price action in the near term, even if volatility persists.If bulls maintain momentum above $95,000, Bitcoin could set up a fresh challenge toward the $100,000 psychological barrier.Bitcoin at a Decisive Pivot PointBitcoin’s ability to reclaim $95,000 after last week's triple resistance breakout strengthens the bullish outlook. However, the $93,500 support level remains pivotal for confirming the continuation of the rally.Key Levels to Watch:Immediate Support: $93,500 (2025 yearly open)Intermediate Zone: $94,000 (Binance Futures bid wall)Major Resistance: $100,000 psychological barrierFor Bitcoin to sustain its bullish trend toward $100,000 and beyond, traders are closely watching for clear support confirmation and signs of decoupling from broader equity market volatility.
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Bitcoin News Today: Bitcoin Price Dips from $95K as Macroeconomic Concerns Resurface — Will Bulls Hold the Line?

Bitcoin (BTC) fell to $93,500 on April 28, retracing from a seven-week high of $95,500 as macroeconomic uncertainty and risk-off sentiment across global markets pressured price action. Despite solid institutional flows and strong corporate earnings in the U.S., Bitcoin continues to face resistance at the key $95,000 level.Treasury Yield Drop Sparks BTC SelloffThe sudden dip in Bitcoin closely mirrored the intraday decline in U.S. Treasury yields. The 30-year yield fell by over 30 basis points, a move typically signaling heightened demand for safer assets like bonds. This correlation suggests a shift in investor risk appetite, with BTC reacting as a risk-on asset rather than a hedge.Sentiment Reverses on U.S.-China Trade TensionsOver the weekend, optimism surged as China eliminated tariffs on select U.S. tech components, including semiconductors and circuit boards. However, this positive narrative was quickly countered by U.S. Treasury Secretary Scott Bessent’s comments on CNBC, placing responsibility on China for a trade resolution. The mixed signals added to broader market hesitation, affecting Bitcoin’s momentum.Strategy’s BTC Purchases Under ScrutinyOne reason Bitcoin has managed to hold above $90,000 is the aggressive accumulation by Strategy, which reportedly purchased $4.28 billion in BTC since mid-March. But with 97% of the firm's common share issuance now exhausted, analysts question whether this demand can be sustained — and whether it artificially inflates BTC support levels.Bitcoin’s Correlation with Equities Remains IntactDespite being positioned as digital gold, Bitcoin’s current trading behavior remains closely aligned with equities. As the S&P 500 and Russell 2000 benefit from better-than-expected Q1 earnings — with 73% of companies beating analyst forecasts, according to FactSet — Bitcoin has struggled to decouple and rally independently.Macroeconomic Headwinds GrowUnderlying economic data adds further pressure. U.S. existing home sales dropped 5.9% in March — the sharpest decline in over two years — while China unveiled measures to stabilize employment and production amid weakening global demand. These signals paint a mixed macro picture that challenges BTC's climb toward $100,000.What Will Drive the Next Leg to $100K?A decisive move above $95,000 and beyond will require:Decoupling from traditional equity markets.Stronger liquidity injections from central banks.Reduced reliance on individual buyers like Strategy.Continued ETF inflows paired with broader retail and institutional adoption.Until then, Bitcoin is likely to trade within a volatile range, reacting to macroeconomic developments and market sentiment shifts.Bitcoin remains in a critical holding pattern as traders watch for clearer signals on inflation, interest rate policy, and risk sentiment. Sustained support above $90,000 is a positive sign, but the path to $100,000 hinges on structural changes in liquidity and investor behavior, according to Cointelegraph.
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​Crypto Market News: April 29, 2025 – Bitcoin Eyes $100K as Altcoins Show Mixed Signals​

On April 29, 2025, the cryptocurrency market exhibits a blend of consolidation and bullish momentum. Bitcoin (BTC) approaches the $95,000 mark, while altcoins like Ethereum (ETH), XRP, and Solana (SOL) display varied performances. This update provides a comprehensive analysis of the current market trends and technical indicators for leading cryptocurrencies.​Bitcoin (BTC) Nears $95K Amid Strong ETF InflowsBitcoin is trading at $95,284, marking a 1.51% increase over the past 24 hours. The cryptocurrency continues to face resistance around the $95,000 level, but sustained ETF inflows suggest strong institutional interest. Analysts anticipate a potential breakout towards the $100,000 psychological barrier, provided the current momentum persists.​Ethereum (ETH) Stabilizes Above $1,800Ethereum is currently priced at $1,827.16, up 3.57% from the previous day. The asset has reclaimed the $1,800 level, indicating a possible bullish reversal. However, resistance around $1,950 remains a critical level to watch for further upward movement.XRP Holds Steady at $2.30XRP maintains its position at $2.30, experiencing a modest 0.88% gain. The recent approval of XRP futures ETFs has bolstered investor confidence, contributing to its price stability. Market participants are closely monitoring for signs of a breakout above the current resistance levels.​BNB Consolidates Around $602Binance Coin (BNB) is trading at $602.75, reflecting a slight increase of 0.31%. The asset continues to consolidate within a narrow range, with the $620 level acting as a significant resistance point. A breakout above this level could signal a new upward trend.​Solana (SOL) Tests Resistance at $149Solana is priced at $149.19, up 2.05% over the last 24 hours. The cryptocurrency is testing resistance around the $150 mark. A successful breach of this level may pave the way for a rally towards $180, contingent on broader market conditions.​Dogecoin (DOGE) Trades Near $0.179Dogecoin is currently at $0.179, showing a 2.00% daily gain. The asset remains within a consolidation phase, with key resistance at $0.21. A breakout above this threshold could trigger a significant upward movement.​Cardano (ADA) Hovers Around $0.71Cardano is trading at $0.7127, marking a 2.72% increase. The cryptocurrency is approaching resistance at $0.75. A decisive move above this level could indicate the beginning of a new bullish phase.​Sui (SUI) Experiences Volatility at $3.60Sui is priced at $3.60, with a 0.84% gain. The asset has shown volatility, with intraday lows at $3.47 and highs at $3.64. Investors are watching for a breakout above $3.90, which could signal a continuation of the upward trend.​The cryptocurrency market on April 29, 2025, is characterized by cautious optimism. Bitcoin's approach towards $95,000 and Ethereum's stabilization above $1,800 are encouraging signs for investors. However, the mixed performances among altcoins suggest that market participants should remain vigilant and monitor key resistance levels for potential breakouts or reversals.​
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PancakeSwap in 2025: Can BNB Chain’s Flagship DEX Lead DeFi’s Next Growth Cycle?

PancakeSwap is once again at the forefront of decentralized finance (DeFi) as the market enters a renewed growth cycle in 2025. Built on BNB Chain, the protocol has evolved far beyond its roots as a yield-farming hotspot during DeFi Summer. Today, PancakeSwap is positioning itself as a multichain DeFi powerhouse—offering liquidity solutions, AI-powered trading features, and even integration with real-world assets (RWAs).With Total Value Locked (TVL) nearing $2 billion and daily trading volume consistently above $2.5 billion, PancakeSwap is capitalizing on rising regulatory clarity, growing institutional interest, and next-gen infrastructure like zkSync and AI-enhanced liquidity routing.PancakeSwap 2025 RoadMap: Growth, Metrics & Market PositionPancakeSwap’s transformation is reflected in its 2025 metrics:TVL: As of January 2025, PancakeSwap boasts $1.98 billion in total value locked, reflecting strong liquidity health and market confidence.Trading Volume: The platform recorded $78.45 billion in monthly trading volume and an average daily volume of $2.53 billion.Active Users: January also saw 2.35 million unique traders and 2.1 million onsite users—strong indicators of sticky engagement.Meanwhile, CAKE, the platform’s native token, posted a notable rebound. On March 21, 2025, it surged to $2.83 before settling at $2.71—marking a 67.45% weekly gain and outperforming other DEX tokens.Key DeFi Trends PancakeSwap Is Embracing in 20251. Yield Farming 3.0: Reinventing Liquidity IncentivesPancakeSwap’s Boosted Farms program has drawn renewed attention by offering triple-layered incentives—CAKE, trading fees, and native ecosystem tokens like ZK on zkSync. This signals a creative approach to reignite retail DeFi participation, especially among users seeking better capital efficiency.2. Tokenized Real-World Assets (RWAs): DeFi Meets TradFiPancakeSwap is gradually aligning with the broader DeFi trend of tokenized real-world assets, bridging DeFi users with asset-backed yield opportunities. This strategic move not only enhances user utility but also positions the protocol to onboard traditional finance participants seeking on-chain exposure.3. AI-Enhanced Liquidity Routing and Smart TradingThe integration of AI into predictive liquidity routing and smart order execution reflects PancakeSwap’s ambition to evolve into a full-featured DeFi OS. These tools aim to automate and optimize rewards for liquidity providers while giving traders more efficient execution.The “Ultrasound CAKE” Narrative:  Will Deflationary Tokenomics Work?In February 2025, PancakeSwap introduced a supply reduction strategy aimed at long-term token sustainability. Dubbed the “Ultrasound CAKE” initiative, the move echoes Ethereum’s deflationary turn and reflects a growing maturity in tokenomics design across DeFi.Regulatory Advantage and BNB Chain’s InfrastructureAs regulatory clarity emerges in major jurisdictions, platforms on BNB Chain like PancakeSwap may gain an edge—leveraging Binance’s compliance infrastructure, efficient gas fees, and global reach. Institutional players exploring DeFi are now seeking permissionless platforms with operational scalability and security—two areas where PancakeSwap is doubling down.What’s Next for PancakeSwap: Roadmap, Risk, and ResilienceDespite rising competition from newer DEXs and cross-chain liquidity protocols, PancakeSwap’s strength lies in its brand, simplicity, and evolving product suite. Its multichain presence, community loyalty, and strategic roadmap could determine whether it leads or follows in DeFi’s next bull phase.
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Bitcoin News: Speculative Capital Surges as Bitcoin Climbs to $95K, Hot Supply Hits $40B

Bitcoin's price surge toward $95,000 is accompanied by a significant increase in short-term speculative activity, according to new data from on-chain analytics firm Glassnode.Speculative capital flows into BitcoinAs Bitcoin trades at its highest levels since early March, Glassnode’s latest analysis shows a sharp rise in "hot supply"—the volume of BTC that has moved within the past week. This metric serves as a proxy for short-term holder (STH) behavior and speculative investor activity.Hot supply has grown by over $21.5 billion since March 23, when it reached a local low of $17.5 billion.As of April 29, the value of this metric stands near $40 billion, its highest level since February 2025.“This rapid surge reflects a shift from dormancy to speculation among newer market entrants,” Glassnode noted in its Market Pulse update.The increase aligns with a broader shift in market sentiment, as short-term holders have recently returned to aggregate profitability amid BTC’s climb toward $95,000.Bull market signals remain incompleteWhile several indicators suggest a rising interest in Bitcoin, Glassnode cautioned that network activity has yet to match historical bull market patterns.Percentage of supply in profit has climbed to 86%.Net Unrealized Profit/Loss (NUPL) reached 0.53, indicating growing optimism among holders.However, daily active addresses remain subdued, signaling that organic on-chain engagement is still rebuilding.“Signs of early FOMO are emerging,” the firm wrote. “But a full-scale bull market comeback is not yet confirmed, with core network metrics like transfer volume and address activity still recovering.”Broader implicationsThe recent rise in speculative inflows follows a multi-week period of consolidation and dormancy in March, when Bitcoin briefly fell below $75,000. The return of speculative capital may serve as both a bullish momentum signal and a potential volatility risk, as the market becomes more reactive to short-term investor behavior.Industry analysts have warned in recent weeks that excessive FOMO could amplify short-term corrections, especially as BTC approaches psychological resistance levels around $100,000.Key MetricsMetricValue (as of April 29)Bitcoin Price$94,873Hot Supply Value~$40 billionSupply in Profit86%NUPL0.53Daily Active AddressesBelow historical bull market levels
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