#CryptoMarketCapBackTo$3T Crypto market summary today (23/4/2025):
- Total market capitalization: Exceeded 3 trillion USD, up 3.8% compared to yesterday.
- Bitcoin (BTC): Increased by 6.6%, reaching 94,300 USD, surpassing the 94K mark. Predictions suggest it could reach 95K.
- Fear & Greed Index: Shifted from "Neutral" to "Greedy", reflecting optimistic sentiment.
- Meme coins lead: $BONK (+27.37%), $FARTCOIN (+18.94%), $PEPE (+14.79%) are the top gainers.
- Highlights:
- Net inflows into Bitcoin ETF reached 381 million USD, the highest in 3 months, indicating institutional confidence.
- Bitcoin supply on exchanges decreased to 7.53%, the lowest since 2/2018, signaling reduced selling pressure.
- Vietnam: Proposed a legal framework for piloting cryptocurrency exchanges, expected to report to the Government in March.
Assessment: The market is recovering strongly, especially with Bitcoin and meme coins, but still carries risks of volatility due to global economic factors.