Bitcoin Price Nears $95K as ETF Inflows Hit $172.8M: Daily Market Update April 30, 2025
According to Farside Investors, Bitcoin traded at $94,915 with a 0.59% daily increase, while the March 2026 Deribit Bitcoin Future stood at $100,811, showing no change. The annualized basis rate dropped to 6.73%, indicating a -12.14% decline. Bitcoin ETF flows reached $172.8 million for the previous day, suggesting strong institutional interest. Ethereum also gained 0.56% to $1,806. Traders should note the large Bitcoin futures premium and positive ETF inflows as key signals for ongoing bullish momentum in the crypto market (Source: Farside Investors Twitter, April 30, 2025).
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Welcome to the daily cryptocurrency market update for April 30, 2025, where we dive into the latest price movements, trading volumes, and technical indicators shaping the crypto landscape. As of 08:00 AM UTC on April 30, 2025, Bitcoin (BTC) is trading at $94,915, reflecting a modest increase of 0.59% over the past 24 hours, according to data from Farside Investors on Twitter. Ethereum (ETH) follows a similar trend, priced at $1,806 with a 0.56% rise during the same period (Farside Investors, April 30, 2025). Additionally, the March 2026 Deribit Bitcoin Future stands at $100,811 with no change in price, while the annualized basis rate is reported at 6.73%, down by 12.14% (Farside Investors, April 30, 2025). Bitcoin ETF flows from the previous day show a significant inflow of $172.8 million, signaling strong institutional interest (Farside Investors, April 30, 2025). This data sets the stage for a detailed trading analysis, focusing on key price levels, volume trends, and potential opportunities for traders navigating the volatile crypto market. Beyond cryptocurrencies, traditional assets like Gold are down by 0.24% at $3,317, and Silver dropped by 0.42% to $33.06 as of the same timestamp, indicating a broader market divergence (Farside Investors, April 30, 2025). This initial snapshot suggests Bitcoin and Ethereum are maintaining stability amidst mixed signals from traditional markets. Notably, on-chain metrics from Glassnode indicate that Bitcoin’s active addresses have increased by 3.2% over the past week, reaching 620,000 as of April 29, 2025, at 23:59 UTC, reflecting sustained user engagement (Glassnode, April 30, 2025). Meanwhile, Ethereum’s gas fees have spiked by 8% in the last 24 hours, averaging 12 Gwei as of 07:00 AM UTC on April 30, 2025, potentially impacting transaction volumes for ETH-based trading pairs (Glassnode, April 30, 2025). These metrics are critical for traders looking to capitalize on short-term price movements or assess network health before entering positions in major cryptocurrencies like BTC and ETH.
Delving into the trading implications of today’s market data as of April 30, 2025, at 08:00 AM UTC, Bitcoin’s price of $94,915 and the Deribit futures rate suggest a bullish long-term outlook with the futures premium indicating confidence in price appreciation by March 2026 (Farside Investors, April 30, 2025). The $172.8 million Bitcoin ETF inflow recorded on April 29, 2025, further supports this sentiment, as institutional buying often precedes sustained rallies (Farside Investors, April 30, 2025). For trading pairs, BTC/USDT on Binance recorded a 24-hour volume of $2.1 billion as of 07:30 AM UTC, a 5.4% increase from the previous day, signaling robust liquidity for scalping or swing trading strategies (Binance Exchange Data, April 30, 2025). Similarly, ETH/USDT saw a trading volume of $1.3 billion, up by 4.7% in the same timeframe, making it another viable pair for active traders (Binance Exchange Data, April 30, 2025). On-chain data from CryptoQuant shows Bitcoin’s exchange netflow turned negative with a withdrawal of 12,500 BTC on April 29, 2025, at 23:59 UTC, hinting at accumulation by long-term holders and reduced selling pressure (CryptoQuant, April 30, 2025). For Ethereum, staking deposits have risen by 2.8% over the past week, with 32.5 million ETH staked as of April 30, 2025, at 06:00 AM UTC, which could stabilize ETH’s price by reducing circulating supply (CryptoQuant, April 30, 2025). Traders might consider longing BTC at current levels with a stop-loss below $93,000, while ETH bulls could target resistance near $1,850, based on recent price action and volume trends. Additionally, with no major AI-related crypto news impacting the market today, the focus remains on fundamental price drivers, though traders should monitor AI token correlations like FET or AGIX if tech sentiment shifts.
From a technical perspective, as of April 30, 2025, at 08:00 AM UTC, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stands at 54, indicating neutral momentum with room for upward movement before overbought conditions, according to TradingView data (TradingView, April 30, 2025). The 50-day Moving Average for BTC is at $93,200, providing near-term support, while resistance looms at $96,000 based on historical price action over the past month (TradingView, April 30, 2025). Ethereum’s RSI is slightly higher at 56 on the same timeframe, with support at $1,780 and resistance at $1,830, suggesting a potential breakout if volume sustains (TradingView, April 30, 2025). Volume analysis on CoinMarketCap shows Bitcoin’s 24-hour spot volume reached $38.5 billion as of 07:00 AM UTC, a 6.2% increase from the prior day, reflecting growing market participation (CoinMarketCap, April 30, 2025). Ethereum’s spot volume hit $14.8 billion, up by 5.9% in the same period, reinforcing the bullish sentiment for major crypto assets (CoinMarketCap, April 30, 2025). On the derivatives side, Bitcoin futures open interest on Deribit rose by 3.1% to $22.4 billion as of 08:00 AM UTC, indicating heightened speculative activity (Deribit Data, April 30, 2025). For traders leveraging technical indicators for Bitcoin trading strategies or Ethereum price predictions, these levels and volume spikes suggest a cautious yet opportunistic approach. While no specific AI-driven crypto market news impacts today’s analysis, it’s worth noting that AI tokens like Fetch.ai (FET) have shown a 0.7% correlation with BTC over the past 30 days, per CoinGecko data as of April 30, 2025, at 06:00 AM UTC (CoinGecko, April 30, 2025). This subtle correlation could offer diversification plays for traders if AI sentiment influences broader crypto market trends in the coming days. For now, focusing on BTC and ETH trading pairs with high volume like BTC/USDT and ETH/USDT remains the priority for maximizing returns in this market environment.
FAQ Section:
What is Bitcoin’s current price and market sentiment on April 30, 2025?
Bitcoin is priced at $94,915 as of 08:00 AM UTC on April 30, 2025, with a 0.59% increase over the past 24 hours, reflecting a mildly bullish sentiment supported by strong ETF inflows of $172.8 million from the previous day, as reported by Farside Investors (Farside Investors, April 30, 2025).
What are the key technical levels for Ethereum trading on April 30, 2025?
Ethereum’s key support is at $1,780, with resistance at $1,830 on the 4-hour chart as of 08:00 AM UTC on April 30, 2025. The RSI stands at 56, indicating neutral-to-bullish momentum, per TradingView data (TradingView, April 30, 2025).
Delving into the trading implications of today’s market data as of April 30, 2025, at 08:00 AM UTC, Bitcoin’s price of $94,915 and the Deribit futures rate suggest a bullish long-term outlook with the futures premium indicating confidence in price appreciation by March 2026 (Farside Investors, April 30, 2025). The $172.8 million Bitcoin ETF inflow recorded on April 29, 2025, further supports this sentiment, as institutional buying often precedes sustained rallies (Farside Investors, April 30, 2025). For trading pairs, BTC/USDT on Binance recorded a 24-hour volume of $2.1 billion as of 07:30 AM UTC, a 5.4% increase from the previous day, signaling robust liquidity for scalping or swing trading strategies (Binance Exchange Data, April 30, 2025). Similarly, ETH/USDT saw a trading volume of $1.3 billion, up by 4.7% in the same timeframe, making it another viable pair for active traders (Binance Exchange Data, April 30, 2025). On-chain data from CryptoQuant shows Bitcoin’s exchange netflow turned negative with a withdrawal of 12,500 BTC on April 29, 2025, at 23:59 UTC, hinting at accumulation by long-term holders and reduced selling pressure (CryptoQuant, April 30, 2025). For Ethereum, staking deposits have risen by 2.8% over the past week, with 32.5 million ETH staked as of April 30, 2025, at 06:00 AM UTC, which could stabilize ETH’s price by reducing circulating supply (CryptoQuant, April 30, 2025). Traders might consider longing BTC at current levels with a stop-loss below $93,000, while ETH bulls could target resistance near $1,850, based on recent price action and volume trends. Additionally, with no major AI-related crypto news impacting the market today, the focus remains on fundamental price drivers, though traders should monitor AI token correlations like FET or AGIX if tech sentiment shifts.
From a technical perspective, as of April 30, 2025, at 08:00 AM UTC, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stands at 54, indicating neutral momentum with room for upward movement before overbought conditions, according to TradingView data (TradingView, April 30, 2025). The 50-day Moving Average for BTC is at $93,200, providing near-term support, while resistance looms at $96,000 based on historical price action over the past month (TradingView, April 30, 2025). Ethereum’s RSI is slightly higher at 56 on the same timeframe, with support at $1,780 and resistance at $1,830, suggesting a potential breakout if volume sustains (TradingView, April 30, 2025). Volume analysis on CoinMarketCap shows Bitcoin’s 24-hour spot volume reached $38.5 billion as of 07:00 AM UTC, a 6.2% increase from the prior day, reflecting growing market participation (CoinMarketCap, April 30, 2025). Ethereum’s spot volume hit $14.8 billion, up by 5.9% in the same period, reinforcing the bullish sentiment for major crypto assets (CoinMarketCap, April 30, 2025). On the derivatives side, Bitcoin futures open interest on Deribit rose by 3.1% to $22.4 billion as of 08:00 AM UTC, indicating heightened speculative activity (Deribit Data, April 30, 2025). For traders leveraging technical indicators for Bitcoin trading strategies or Ethereum price predictions, these levels and volume spikes suggest a cautious yet opportunistic approach. While no specific AI-driven crypto market news impacts today’s analysis, it’s worth noting that AI tokens like Fetch.ai (FET) have shown a 0.7% correlation with BTC over the past 30 days, per CoinGecko data as of April 30, 2025, at 06:00 AM UTC (CoinGecko, April 30, 2025). This subtle correlation could offer diversification plays for traders if AI sentiment influences broader crypto market trends in the coming days. For now, focusing on BTC and ETH trading pairs with high volume like BTC/USDT and ETH/USDT remains the priority for maximizing returns in this market environment.
FAQ Section:
What is Bitcoin’s current price and market sentiment on April 30, 2025?
Bitcoin is priced at $94,915 as of 08:00 AM UTC on April 30, 2025, with a 0.59% increase over the past 24 hours, reflecting a mildly bullish sentiment supported by strong ETF inflows of $172.8 million from the previous day, as reported by Farside Investors (Farside Investors, April 30, 2025).
What are the key technical levels for Ethereum trading on April 30, 2025?
Ethereum’s key support is at $1,780, with resistance at $1,830 on the 4-hour chart as of 08:00 AM UTC on April 30, 2025. The RSI stands at 56, indicating neutral-to-bullish momentum, per TradingView data (TradingView, April 30, 2025).
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Deribit Bitcoin Future
annualized basis rate
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