Author: Hotcoin Research
Cryptocurrency Market Performance
Currently, the total cryptocurrency market cap is $2.53 trillion, with BTC accounting for 62.35%, which is $1.58 trillion. The stablecoin market cap is $233.5 billion, with a 7-day change of -0.67%, of which USDT accounts for 62.05%.
This week, BTC's price has been range-bound, currently at $83,668; ETH is also range-bound, currently at $1,580.
Among the top 200 projects on CoinMarketCap, most have declined with a few rising, including: XCN with a 7-day increase of 121.21%, FARTCOIN with a 7-day increase of 82.36%, ORCA with a 7-day increase of 62.25%, and BABY with a 7-day increase of 58.74%.
This week, the US Bitcoin spot ETF saw net outflows of $708 million; the US Ethereum spot ETF saw net outflows of $82.5 million.
The "Fear & Greed Index" on April 12th was 43 (higher than last week), with market sentiment: 1 day of extreme fear, 5 days of fear, and 1 day of neutral sentiment.
Market Forecast: This week, the market experienced extreme fear for one day due to the United States imposing additional tariffs globally, with a slight decrease in on-chain stablecoins, which is not an optimistic situation. The US spot Bitcoin ETF and Ethereum ETF both experienced net outflows. This week, the US CPI and PPI were far below expectations, and with a 90-day suspension of tariffs for most countries except China, market sentiment was relieved in the latter half of the week, with cryptocurrency prices showing some recovery.
The probability of the Federal Reserve cutting rates by 25 basis points in May is 16%, lower than last week. The market is expected to remain range-bound between April and May, with BTC likely to oscillate between $75k-90k. In terms of potential opportunities, focus can be placed on fundamental projects like Babylon, and keep an eye on the "Hotcoin New Coin List" to unlock more wealth opportunities.
[The rest of the translation follows the same approach, maintaining the structure and translating all text while preserving any HTML tags and specific terms as instructed.]5. Immutable (IMX) will unlock 24.52 million tokens on April 18, valued at approximately $10.38 million, accounting for 1.23% of the circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", through in-depth analysis of cryptocurrency industry trends, multi-dimensional assessment of potential projects, and all-day market fluctuation monitoring. Combined with the bi-weekly "Hotcoin Strict Selection" strategy live broadcast and daily "Blockchain Today's Headlines" news briefing, we provide precise market interpretation and practical strategies for investors at different levels. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly grasping value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment itself carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
Website：https://lite.hotcoingex.cc/r/Hotcoinresearch
Mail：labs@hotcoin.com
