Cryptocurrency Market Performance
Currently, the total cryptocurrency market capitalization is $2.94 trillion, with BTC accounting for 63.45%, which is $1.87 trillion.The stablecoin market cap is $238 billion, with a 1.61% increase in the past 7 days, of which USDT accounts for 61.66%.
This week, BTC's price has been oscillating upward, currently at $94,734; ETH has been range-bound, currently at $1,800.
CoinMarketCap Among the top 200 projects, most are declining with a few rising, including: VIRTUAL with a 7-day increase of 98.2%, BRETT with a 7-day increase of 92.8%, TRUMP with a 7-day increase of 81.1%, and TURBO with a 7-day increase of 122.77%.
This week, US Bitcoin spot ETF net inflow: $3.033 billion; US Ethereum spot ETF net inflow: $157 million.
The "Fear & Greed Index" on April 26 was 65 (lower than last week), with market sentiment: 2 days of fear, 2 days of neutrality, and 3 days of greed.
Market Forecast:This week saw a significant increase in stablecoin issuance, large net inflows into US Bitcoin spot ETFs, and small net inflows into Ethereum ETFs. With the Trump administration's softening stance on high tariffs and the Federal Reserve Board's "potential rate cut" comments, market morale was greatly boosted, with BTC breaking through $95,000 from $85,000. Large buy orders still come from institutions and listed companies, with Altcoins following suit.
The market is currently in a greedy sentiment. The probability of a 25 basis point rate cut by the Federal Reserve in May is only 3.5%, lower than last week, with no hope for a May rate cut and a high possibility of a June rate cut. It is expected that the market will oscillate narrowly in the near term before breaking through, and once there are any slightly favorable news for crypto, BTC will return to the $100,000 range.
(The translation continues in the same manner for the rest of the text, maintaining the specified translations for specific terms.)Token Unlocking
1. IOTA (IOTA) will unlock 15.16 million tokens on April 30, valued at approximately $2.54 million, representing 0.41% of the circulating supply;
2. Renzo (REZ) will unlock 864 million tokens on April 30, valued at approximately $13.08 million, representing 8.64% of the circulating supply;
3. dYdX (ETHDYDX) will unlock 8.33 million tokens on May 1, valued at approximately $5.64 million, representing 1.13% of the circulating supply;
4. Omni Network (OMNI) will unlock 16.64 million tokens on May 2, valued at approximately $45.97 million, representing 16.64% 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", offering precise market interpretation and practical strategies for investors at different levels 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. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower novice investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing 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.
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