
Bitcoin ETFs See $3.3 Billion Inflows in One Week: Key Trends for Crypto Traders | Flash News Detail
From a technical perspective, Bitcoin’s Relative Power Index (RSI) climbed to 68 on the 4-hour chart as of April 29, 2025, at 11:00 AM UTC, indicating potential overbought situations however nonetheless under the crucial 70 threshold (Supply: TradingView Technicals). The Transferring Common Convergence Divergence (MACD) confirmed a bullish crossover at 7:00 AM UTC on the identical day, with the sign line trending above the MACD line (Supply: Binance Chart Knowledge). Quantity evaluation reveals a peak of $850 million in hourly buying and selling quantity for BTC/USDT at 8:00 AM UTC on April 29, 2025, a forty five% enhance from the earlier 24-hour common (Supply: Binance Quantity Metrics). Moreover, the Bollinger Bands tightened, with the higher band at $69,500 as of 10:00 AM UTC, suggesting a possible breakout if momentum sustains (Supply: TradingView Indicators). For AI-crypto correlations, tokens like Render Token (RNDR) noticed a 3.9% value enhance to $7.85 as of 11:15 AM UTC on April 29, 2025, pushed by parallel curiosity in AI infrastructure amid broader crypto market optimism (Supply: CoinMarketCap). On-chain transaction quantity for FET spiked by 22% to $180 million as of 10:50 AM UTC on the identical day, reflecting rising dealer exercise in AI-blockchain tasks following Bitcoin ETF information (Supply: Etherscan Knowledge). Merchants looking for Bitcoin technical evaluation 2025 or AI crypto buying and selling alternatives ought to monitor these indicators intently for entry and exit alerts.
In abstract, the $3.3 billion Bitcoin ETF influx reported on April 29, 2025, at 10:15 AM UTC (Supply: Twitter, Matt_Hougan) underscores a transformative second for crypto markets. With exact value actions, quantity surges, and technical indicators pointing to bullish tendencies, merchants have a number of alternatives throughout BTC pairs and AI-related tokens. For these asking in regards to the impression of Bitcoin ETFs on altcoins, the info exhibits a transparent optimistic correlation, with tokens like FET and RNDR benefiting from spillover sentiment as of April 29, 2025, at 11:30 AM UTC (Supply: CoinGecko Market Knowledge). How do Bitcoin ETF inflows have an effect on market sentiment? The reply lies within the elevated buying and selling volumes and social media buzz, tracked between April 27 and April 29, 2025, which gasoline retail and institutional shopping for stress (Supply: Santiment Analytics). This evaluation presents actionable insights for merchants navigating Bitcoin value predictions and AI crypto funding tendencies in 2025.
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