$BTC The price of Bitcoin (BTC) today, Tuesday, April 29, 2025, is around 83,265 euros (approximately 94,764 US dollars). In the last 24 hours, it has experienced a slight increase of about 0.63%. Despite this daily fluctuation, in the last week BTC has shown a notable increase of approximately 8.39%, suggesting a short-term bullish sentiment.
Regarding relevant news, today a report has highlighted a significant amount of stablecoin transfers linked to illicit activities in 2024, underscoring the importance of regulation and transparency in the crypto space. On the other hand, it has been reported that the circulating supply of Bitcoin is approaching 40 billion dollars, driven by the entry of new investors into the market with the price of BTC hovering around 95,000 dollars. Additionally, Beijing has announced plans to invest in blockchain technology and integrate it into its infrastructure, which could have positive implications for long-term cryptocurrency adoption.
From a technical analysis perspective, short-term indicators show a strong buying trend, with most moving averages also signaling a buy. The RSI (Relative Strength Index) is at buying levels, although the STOCH (Stochastic) is in overbought territory, which could indicate a possible short-term correction. Overall, market sentiment appears to be slightly bullish, although investors should be wary of the inherent volatility of Bitcoin and potential catalysts that could influence its price in the coming hours and days.