Cryptocurrency Market Overview (Last 24 Hours: April 27ā28, 2025)
Bitcoin Price Movement
Bitcoinās price stood atĀ $94,092.87Ā as of April 28, reflecting a minor decline ofĀ 0.16%Ā from the previous dayās closeĀ 3.
Despite recent volatility, Bitcoin has shown resilience, decoupling from traditional equity markets in recent weeks, though trading volumes remain lightĀ 13.
Transaction Activity
Bitcoin transactions surgedĀ 37.49%Ā toĀ 441,827Ā on April 27, up from 321,357 the day prior. However, this remains below the all-time high of 490,644 transactions recorded in December 2017Ā 1.
Market Capitalization Trends
Bitcoinās market cap dipped slightly byĀ 0.33%Ā to **1.869trillionāāonApril27,downfrom1.869trillionāāonApril27,downfrom1.875 trillion the previous day. Year-over-year, it has grownĀ 49.79%Ā from $1.248 trillion in April 2024Ā 4.
The broader cryptocurrency market cap has seen fluctuations, driven by Bitcoinās dominance and macroeconomic factors like Federal Reserve policiesĀ 15.
Key Observations
ETF Inflows: U.S. Bitcoin ETFs recorded significant inflows earlier in the week ($381.4 million on April 22), though recent data for April 27ā28 is pendingĀ 13.
Resistance Levels: Analysts highlightĀ 93,000asacriticalresistancelevelforBitcoin,withabreakoutpotentiallytargeting93,000asacriticalresistancelevelforBitcoin,withabreakoutpotentiallytargeting95,900Ā 13.
Summary
The past 24 hours saw mixed signals: Bitcoinās price dipped slightly, but transaction activity surged, indicating heightened network usage. Market cap trends suggest cautious sentiment, though long-term growth remains robust. Investors are closely watching macroeconomic catalysts, such as Fed policy shifts, for directional cues.
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