Crypto Market News: April 29, 2025 – Bitcoin Eyes $100K as Altcoins Show Mixed Signals

On April 29, 2025, the cryptocurrency market exhibits a blend of consolidation and bullish momentum. Bitcoin (BTC) approaches the $95,000 mark, while altcoins like Ethereum (ETH), XRP, and Solana (SOL) display varied performances. This update provides a comprehensive analysis of the current market trends and technical indicators for leading cryptocurrencies.

Bitcoin (BTC) Nears $95K Amid Strong ETF Inflows

Bitcoin is trading at $95,284, marking a 1.51% increase over the past 24 hours. The cryptocurrency continues to face resistance around the $95,000 level, but sustained ETF inflows suggest strong institutional interest. Analysts anticipate a potential breakout towards the $100,000 psychological barrier, provided the current momentum persists.

Ethereum (ETH) Stabilizes Above $1,800

Ethereum is currently priced at $1,827.16, up 3.57% from the previous day. The asset has reclaimed the $1,800 level, indicating a possible bullish reversal. However, resistance around $1,950 remains a critical level to watch for further upward movement.

XRP Holds Steady at $2.30

XRP maintains its position at $2.30, experiencing a modest 0.88% gain. The recent approval of XRP futures ETFs has bolstered investor confidence, contributing to its price stability. Market participants are closely monitoring for signs of a breakout above the current resistance levels.

BNB Consolidates Around $602

Binance Coin (BNB) is trading at $602.75, reflecting a slight increase of 0.31%. The asset continues to consolidate within a narrow range, with the $620 level acting as a significant resistance point. A breakout above this level could signal a new upward trend.

Solana (SOL) Tests Resistance at $149

Solana is priced at $149.19, up 2.05% over the last 24 hours. The cryptocurrency is testing resistance around the $150 mark. A successful breach of this level may pave the way for a rally towards $180, contingent on broader market conditions.