As of April 29, 2025, at 8:30 AM PKT, $BTC is trading at approximately $94,670 USD. The day's trading range has been between $93,580 and $95,533, reflecting a slight upward movement of about 0.95% from the previous close.
Stock market information for Bitcoin (BTC)
Bitcoin is a crypto in the CRYPTO market.
The price is 94670.0 USD currently with a change of 888.00 USD (0.01%) from the previous close.
The intraday high is 95533.0 USD and the intraday low is 93580.0 USD.
Market Sentiment & Outlook
Bullish Momentum: Analysts suggest that Bitcoin is regaining bullish momentum. Trend Precognition data indicates that bulls are regaining some momentum, which could impact future price movements. (BTC Bulls Regain Momentum: Trend Precognition Signals and Key Volatility Catalysts for Bitcoin Trading)
ETF Activity: Invesco's Bitcoin ETF reported zero net inflow on April 29, 2025, signaling a pause in institutional investment. Conversely, Fidelity experienced a net outflow of $86.9 million, indicating some investor caution. (Bitcoin ETF Daily Flow: Invesco Reports Zero Net Inflow on April 29, 2025, Bitcoin ETF Daily Outflow: Fidelity Records $86.9 Million Net Withdrawal – Trading Insights and Market Impact)
Expert Predictions: Charles Edwards predicts a significantly higher Bitcoin price moving forward, suggesting a positive outlook for the cryptocurrency. (Charles Edwards Predicts Significantly Higher Bitcoin Price: Trading Insights for 2025)
Global Developments
U.S. Government Involvement: The Trump administration's establishment of a strategic Bitcoin reserve, which includes BTC, Ether, XRP, Solana, and Cardano, has spurred market optimism. Some experts anticipate that this move could propel Bitcoin's price to $250,000 by the end of 2025. (Bitcoin price to hit $250,000-mark in 2025? Here are what experts are predicting - The Economic Times)
Market Sentiment: Coinbase's Chief Legal Officer, Paul Grewal, highlighted significant optimism and positive momentum in the crypto industry, reflecting a favorable environment for Bitcoin. (Crypto Market Sentiment Soars as Coinbase Legal Chief Paul Grewal Highlights Industry Optimism)
Short-Term Forecast
WalletInvestor projects Bitcoin's price to range between $79,240 and $94,078 $on April 29, 2025, indicating potential for continued growth. (Bitcoin Price Prediction, Bitcoin Forecast by days: 2025)
while Bitcoin's current price reflects modest gains, the overall market sentiment is bullish, supported by institutional developments and expert forecasts.
