Cryptocurrency news
Macroeconomic data releases from the U.S. will set the tone early, starting with jobless claims, unemployment rates, and payroll figures on May 1–2. Japan’s central bank will also announce its interest rate decision on May 1, followed closely by a crucial U https://sport-oneway.com/.S. Federal Reserve meeting on May 7, where investors hope to glean direction on potential rate cuts. CPI and PPI data, scheduled for release on May 13 and 15 respectively, will add further clarity on inflation trends and monetary policy outlook—both of which have become key drivers of crypto price action.
Now the fifth-largest asset by market capitalization globally, Bitcoin is showing a growing correlation with global M2 money supply. Historically, M2 has led BTC movements by about 10 weeks, and current projections suggest continued strength, adding another layer of support to the bullish long-term outlook.
May was a notably profitable month for Ethereum, showing impressive gains. However, this growth represents only a partial recovery from the asset’s previous price declines. Unlike Bitcoin, which is trading near its all-time highs, ETH is still priced at nearly half of its former peak levels.
Despite the improved short-term sentiment, broader market uncertainty persists. Trade tensions, the rising U.S. national debt, and ongoing geopolitical conflicts all contribute to a fragile global environment. This persistent uncertainty helps explain the concurrent rise in gold prices, as investors seek safe-haven assets.
Cryptocurrency news predictions
Get daily crypto price predictions and expert market analysis at Blockchain Reporter. Our insights cover key cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), and more, with accurate forecasts based on real-time data.
We use technical indicators to make cryptocurrency price predictions and estimate cryptocurrency prices in the future. The technical indicators used include popular indicators such as moving averages, RSI and MACD.
For instance, Bitcoin (BTC) reached a new milestone in March 2024, when its value surpassed $70,000. Ethereum’s price reached the $4,000 mark despite widespread liquidations across the market and the U.S. SEC delaying decisions on ETH ETF filings from Blackrock and Fidelity.
Get daily crypto price predictions and expert market analysis at Blockchain Reporter. Our insights cover key cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), and more, with accurate forecasts based on real-time data.
We use technical indicators to make cryptocurrency price predictions and estimate cryptocurrency prices in the future. The technical indicators used include popular indicators such as moving averages, RSI and MACD.
Cryptocurrency news april 29 2025
Indicators like the Relative Strength Index (RSI) remained mostly neutral throughout the month, suggesting a balance between buyers and sellers. Volume trends also supported the notion of a consolidating market, with spikes mostly observed around major news events and resistance tests.
XRP gained renewed attention as rumors swirled about an ETF launch and regulatory settlement with the SEC. These developments strengthened XRP’s market position, pushing it into the top five cryptocurrencies by market capitalization.
As we step into the first week of May 2025, the cryptocurrency market is abuzz with activity. Bitcoin (BTC) is nearing the $100,000 mark, fueled by significant ETF inflows and growing institutional interest. Meanwhile, Canada’s recent political shift may influence the country’s crypto regulatory landscape. Here’s what to watch in the coming days.
Solana entered April on relatively stable footing, opening at just under $125 and gaining modest ground in the initial trading sessions. However, by April 9, the token experienced a notable decline, hitting a monthly low of $105.36. This drop mirrored a broader pullback across the cryptocurrency market, as investors engaged in profit-taking following the strong March rally. Risk-off sentiment driven by global macroeconomic uncertainty and weak tech-sector earnings added to downward pressure.