The cryptocurrency market today, April 29, 2025, is showing positive momentum with a global market capitalization of $2.97 trillion, up by 1.59% over the last 24 hours. Bitcoin is trading near the $95,000 mark, showing a 1.16% increase, fueled by institutional demand, positive sentiment from Bitcoin ETFs, and potential favorable crypto policies in the US. Other major cryptocurrencies like Ethereum and Solana have also seen gains.
In terms of specific events, the US SEC has approved the launch of ProShares' XRP futures ETFs, which are set to begin trading on April 30th. This is a significant development as it offers more ways for investors to gain exposure to XRP. Additionally, the market is seeing substantial inflows into crypto investment products, with $3.4 billion in net inflows reported last week. This indicates a growing interest and confidence in the crypto market. Overall, the market sentiment appears to be cautiously optimistic as Bitcoin tests higher resistance levels and new investment products become available.#ArizonaBTCReserve