#MarketRebound Market summary for crypto today (April 23, 2025):
- Total market capitalization: Exceeded 3 trillion USD, up 3.8% compared to yesterday.
- Bitcoin (BTC): Up 6.6%, reaching 94,300 USD, surpassing the 94K mark. Predicted to potentially reach 95K.
- Fear & Greed Index: Shifted from "Neutral" to "Greed", reflecting optimistic sentiment.
- Leading meme coins: $BONK (+27.37%), $FARTCOIN (+18.94%), $PEPE (+14.79%) are the top gainers.
- Notable news:
- Net inflow into Bitcoin ETF reached 381 million USD, the highest in 3 months, indicating trust from institutions.
- Bitcoin supply on exchanges decreased to 7.53%, the lowest since February 2018, signaling reduced selling pressure.
- Vietnam: Proposed a pilot legal framework for digital currency exchanges, expected to report to the Government in March.
Analysis: The market is recovering strongly, especially with Bitcoin and meme coins, but still carries volatility risks due to global economic factors.