📊 DAILY #CRYPTO #MARKET UPDATE April 27 📊
📈 1. Market Overview
#Global Market Cap: $2.95T (↓0.46%)
• 24h Volume: $68.08B
• $BTC: $94,160 (↓0.51%)
• $ETH: $1,805.26 (↑0.64%)
• BTC Dominance: 63.36%
• Top Gainers: TARS AI (+84.16%), Viberate ( $VIB ) (+48.33%), GT Protocol (+42.48%)
• Top Losers: Zerebro (#ZEREBRO) (−40.91%), zkLend ( $ZEND ) (−15.99%), Holograph ( $HLG ) (−13.77%)
Bitcoin remains steady above $94K, while Ethereum shows modest gains. Altcoins present a mixed bag, with AI-focused tokens like $TARS AI leading the surge.
📈 2. #Altcoin #Highlights
Solana (SOL) sees a 3.2% uptick amid growing DeFi activity.
• Toncoin (TON) rises 4.5% on increased Telegram-related momentum.
• Render Token (RNDR) jumps 7.8% as AI narratives gain traction.
• Aptos (APT) declines 5.1% due to upcoming token unlocks.
• Dogecoin (DOGE) slips 2.9% despite ongoing meme coin discussions.
The market continues to rotate, with AI and infrastructure tokens outperforming meme coins and certain Layer-2 solutions.
📰 3. #News & #Developments BlackRock's Bitcoin ETF records its second-largest daily inflow at $89M, indicating sustained institutional interest.
• Ethereum developers announce the upcoming Dencun upgrade, slated for May, aiming to enhance scalability and reduce fees.
• Hong Kong officially launches crypto retail trading rules, marking a significant step in regulatory clarity.
• Nike faces a lawsuit over the abrupt closure of its crypto business, with plaintiffs seeking over $5 million in damages.
🗓 4. Key Dates to Watch
April 29: AI Block Summit in Dubai, a major event focusing on AI and blockchain integration.
• April 30: Significant token unlocks for ARB, APT, and IMX — potential for increased volatility.
• May 1: FOMC meeting — a critical macroeconomic event that could influence market sentiment.
✍️ 5. Summary & Outlook
Bitcoin maintains its position above $94K, reflecting market resilience. Ethereum shows signs of recovery, while altcoins exhibit varied performance.
