After a brief volatility, the crypto market is witnessing a new round of explosive growth.
On April 28, **Bitcoin (BTC)** strongly broke through the $95,000 mark, currently reported at $95,032.01, with a rise of 1.4% within 24 hours.
Although market fluctuations remain evident, the overall market sentiment is quietly shifting from cautious to positive.
At this moment, it is particularly important to manage risk. Mlion.ai's data dashboard and capital monitoring features are essential tools to help users grasp market changes in real time and avoid sharp fluctuations.
The Ethereum Fusaka upgrade has been postponed, with core development routes adjusted.
On the other hand, the highly anticipated Ethereum (ETH) Fusaka hard fork plan is expected to take place in the third or fourth quarter of 2025. However, according to the latest statements from Ethereum Foundation officials, there is currently no clear timetable.
Ethereum core developer Tim Beiko confirmed that the originally planned EOF proposal has been removed from the Fusaka upgrade due to technical uncertainties and potential security vulnerabilities.
Although this adjustment brings a delay in progress in the short term, it also reflects the Ethereum development team's high regard for code security and cautious release.
If you want to continuously track the progress of Ethereum hard forks and understand on-chain data changes and EIP dynamics, Mlion.ai's on-chain ecosystem tracking and technical progress monitoring module will be your excellent tool.
Market data overview: mainstream coins show slight recovery.
As of the time of writing, according to Coingecko data:
BTC transaction price: $94,970.42 (+1.5%)
ETH transaction price: $1,799.04 (+0.7%)
BNB transaction price: $606.08 (+0.6%)
SOL transaction price: $147.73 (+0.2%)
DOGE transaction price: $0.1786 (+0.5%)
XRP transaction price: $2.30 (+2.3%)
Overall, mainstream crypto assets are rebounding synchronously under the influence of Bitcoin.
Want to gain deeper insights into the capital flow and on-chain activity of different cryptocurrencies? Mlion.ai's cryptocurrency rating system and real-time trading popularity leaderboard can help you quickly capture potential opportunities.
Major policy dynamics: Arizona is advancing Bitcoin reserve legislation.
In the field of crypto policy, Arizona has taken another significant step forward.
The state House of Representatives passed two key bills (SB1025 and SB1373), clearly supporting the state government in establishing Bitcoin and cryptocurrency reserves. This makes Arizona the first state in the U.S. to move closer to incorporating Bitcoin into public finances.
This resonates with President Trump's 'Strategic Bitcoin Reserve Executive Order' signed in March, reflecting profound changes occurring in the U.S. at the strategic level of digital assets.
This trend reinforces the legitimacy and status of crypto assets in national-level asset allocation, and will further attract the attention of institutional investors.
If you want to track the latest changes in crypto policies at the state and federal levels in real-time, Mlion.ai's policy dynamic push function can remind you to grasp the situation promptly.
Blockchain applications are rapidly expanding: the stablecoin sector is once again stirring up excitement.
Solstice Labs plans to launch an interest-bearing synthetic stablecoin USX on the Solana chain this summer, achieving passive income through arbitrage and staking strategies, aiming to fill the gap in efficient stablecoin yield products on the Solana chain.
Mastercard has accelerated the integration of global payment systems with stablecoins, planning to allow consumers to use stablecoins at 150 million merchants worldwide, while collaborating with crypto giants like OKX and Circle to expand stablecoin application scenarios.
The stablecoin ecosystem is rapidly expanding, which will greatly promote the actual application of crypto assets and the popularity of payment. Want to filter the most promising stablecoin projects? Mlion.ai provides comprehensive analysis and yield tracking features for stablecoin projects to assist in precise selection.
Detailed analysis of the cryptocurrency market: Bitcoin outperforms expectations, Tether continues to dominate.
The 30-day correlation between Bitcoin and gold has rebounded to 0.54, returning to the 'digital gold' narrative cycle. Amid global trade tensions and geopolitical turmoil, Bitcoin is reinforcing its status as a safe-haven asset.
In terms of the stablecoin market structure, Tether (USDT) still leads overwhelmingly with a 66% market share. Although USDC is growing rapidly, Tether continues to hold its top position due to its on-chain activity and trading volume advantages.
Coinbase released data showing that 15% of Bitcoin transaction volume is now processed through the Lightning Network, indicating that Bitcoin's payment infrastructure is maturing rapidly. Coinbase will also launch a Bitcoin yield fund on May 1, aiming for an annual return rate of 4%-8%.
Understanding on-chain capital flows, whale dynamics, and stablecoin migration trends is key to positioning for the next market round. Mlion.ai's on-chain data radar and whale movement monitoring features help you capture invisible large capital movements promptly.
Macroeconomic environment scan: Trade negotiations delayed, economic data softening.
The Trump administration is consulting with multiple countries on a large trade agreement that could cover more areas beyond just tariffs. The market is looking forward to a new round of economic cooperation frameworks.
The probability of the Federal Reserve maintaining interest rates unchanged in May is as high as 91.1%, with the market generally betting that monetary policy will continue to maintain high volatility.
Gold prices have seen a strong rebound as investors seek safe havens amid macroeconomic uncertainty.
The U.S. Treasury has significantly raised its borrowing scale for the second quarter to $514 billion, reflecting increased fiscal pressure.
These macro signals remind us that global capital is rapidly seeking new safe havens. The appeal of Bitcoin and digital assets as alternative assets may further increase.
Want to grasp macro changes and their linked impacts on crypto assets more quickly? Mlion.ai's macroeconomic observation module and asset correlation analysis features provide you with systematic investment references.
Summary: Structural opportunities are brewing, intelligent tools help you stay ahead.
Bitcoin has broken through $95,000, institutional funds continue to flow back, policies are warming up, and the crypto industry is entering a new chapter.
The future market will be a battleground of capital, data, and sentiment. Those who can accurately read on-chain signals will seize the initiative.
Mlion.ai, as an AI-driven crypto investment research assistant, has become the secret weapon for an increasing number of professional investors—
From market scanning, capital flow to macro trend judgments, the full-chain intelligent assistance enables you to truly stay ahead in the wind.
Disclaimer
This article is for information sharing only and does not constitute any investment advice. The risks of investing in digital assets are extremely high; please make rational decisions based on your own risk tolerance!