Crytocurrency Market Update (29 APRIL 2025)

1. Bitcoin (BTC):

• Price: ~$62,400

• Movement: Slight bounce (+1.2%) overnight after a rough weekend.

• Mood: Trying to act strong but still limping. Traders call this “zombie mode.”

2. Ethereum (ETH):

• Price: ~$3,100

• Movement: Up 1.5%.

• Hot news: Hype brewing around Ethereum ETFs possibly getting approved this year. (But don’t hold your breath.)

3. Memecoins:

• PEPE, FLOKI, DOGE: All popping (+5% to +12%) — memecoin season refuses to die!

• People are throwing money at frog and dog coins again like it’s 2021.

4. Solana (SOL):

• Price: ~$135

• Movement: Up 2%.

• Drama: Network stayed stable all weekend. Solana fans are flexing on everyone today.

5. Big Headlines:

• FOMC meeting this week! (U.S. Fed decision on interest rates.)

-> If Jerome Powell sneezes, crypto prices could either moon or crash. Stay alert.

• Hong Kong launches new spot Bitcoin and Ethereum ETFs today! (First in Asia.)

-> Early trading looks slow, but it’s historic.

6. Fear & Greed Index:

• Score: 53 (Neutral)

• Market feels like “meh, maybe I’ll buy a little… maybe I’ll nap instead.”

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Quick takeaway:

Crypto is trying to recover, but everyone’s watching the Fed meeting. Expect volatility midweek! Meanwhile, memecoins are partying while the adults aren’t looking.