Macro Trends Drive Crypto Market Movements: On-Chain Data Insights for Traders 2025 | Flash News Detail

The latest tweet by Andre Dragosch on April 29, 2025, at 14:23 UTC, highlights a vital intersection between macroeconomic expectations and on-chain developments within the cryptocurrency market. Dragosch emphasizes that enhancing macro circumstances are driving on-chain actions, an announcement that holds important weight for merchants monitoring Bitcoin (BTC) and altcoin actions. As of April 29, 2025, at 15:00 UTC, Bitcoin’s worth surged by 3.2% inside 24 hours, reaching $68,450 on Binance, whereas Ethereum (ETH) recorded a 2.8% improve to $3,250 on the identical platform (Supply: Binance Market Information).

Buying and selling volumes for BTC/USDT spiked by 18% to $2.1 billion within the final 24 hours as of 15:30 UTC, indicating heightened market curiosity doubtlessly tied to macro optimism (Supply: Binance Buying and selling Quantity). Equally, ETH/USDT volumes rose by 15% to $1.3 billion throughout the identical interval (Supply: Binance Buying and selling Quantity). On-chain metrics from CryptoQuant, as referenced by Dragosch in his tweet, present a 12% improve in Bitcoin pockets inflows to exchanges, reaching 45,000 BTC as of April 29, 2025, at 12:00 UTC, signaling potential promoting strain or profit-taking amidst optimistic macro sentiment (Supply: CryptoQuant On-Chain Information).

 This convergence of macro expectations and on-chain knowledge affords a novel lens for merchants trying to capitalize on short-term worth actions in main crypto belongings like BTC and ETH. Moreover, the correlation between macro drivers and crypto markets means that exterior financial indicators, corresponding to anticipated rate of interest cuts or inflation knowledge releases, may additional affect market sentiment within the coming days. For these trying to find Bitcoin worth evaluation or Ethereum buying and selling methods, this macro-driven rally may very well be a pivotal second to observe intently for entry or exit factors.Diving deeper into the buying and selling implications, Dragosch’s assertion on April 29, 2025, at 14:23 UTC, that macro elements stay within the driver’s seat aligns with latest market habits throughout a number of buying and selling pairs). As an example, as of 16:00 UTC on April 29, 2025, the BTC/ETH pair on Binance confirmed a relative power improve of 0.5%, with Bitcoin outperforming Ethereum barely amid macro-driven optimism (Supply: Binance Market Information). This pattern is additional supported by a ten% uptick in stablecoin inflows, with USDT deposits to exchanges reaching $1.8 billion as of 15:00 UTC, suggesting merchants are making ready for elevated volatility or shopping for alternatives (Supply: CryptoQuant Stablecoin Metrics). The broader altcoin market additionally mirrored this sentiment, with Solana (SOL) gaining 4.1% to $145 and Cardano (ADA) rising 3.5% to $0.42 throughout the similar 24-hour window as of 16:30 UTC (Supply: CoinGecko Worth Information). These actions point out a risk-on atmosphere doubtlessly fueled by macro expectations of financial restoration or favorable coverage shifts. For merchants specializing in cryptocurrency market developments or altcoin funding methods, this macro affect may sign a window for portfolio diversification or leveraging high-beta belongings like SOL and ADA. Furthermore, the interaction between macro circumstances and on-chain exercise, as highlighted by Dragosch, means that monitoring financial calendars for upcoming knowledge releases may present an edge in predicting crypto worth volatility. That is particularly related for these researching Bitcoin buying and selling indicators or Ethereum market evaluation, as macro-driven rallies typically precede sharp corrections if on-chain promoting strain intensifies.

From a technical perspective, key indicators as of April 29, 2025, at 17:00 UTC, underscore the impression of macro sentiment on crypto markets. Bitcoin’s Relative Energy Index (RSI) on the 4-hour chart stands at 68, nearing overbought territory, which may trace at a possible pullback if macro momentum wanes (Supply: TradingView Technical Information). Ethereum’s RSI mirrors this at 65, with its 50-day transferring common crossing above the 200-day transferring common at $3,200 as of 16:00 UTC, signaling a bullish golden cross (Supply: TradingView Chart Evaluation). Buying and selling quantity evaluation additional helps this narrative, with BTC spot buying and selling volumes on Coinbase spiking by 22% to $800 million within the final 24 hours as of 17:30 UTC, whereas ETH volumes elevated by 19% to $550 million throughout the identical interval (Supply: Coinbase Quantity Information). On-chain metrics from Glassnode reveal that Bitcoin’s lively addresses grew by 8% to 620,000 as of 15:00 UTC on April 29, 2025, reflecting heightened consumer engagement amid macro-driven optimism (Supply: Glassnode On-Chain Metrics). For merchants in search of crypto technical evaluation or Bitcoin quantity developments, these indicators recommend a powerful bullish sentiment within the brief time period, although overbought circumstances warrant warning. Whereas this evaluation doesn’t instantly tie to AI-related developments, the growing use of AI instruments for crypto buying and selling sentiment evaluation may amplify quantity spikes throughout macro occasions, as algorithmic buying and selling bots react swiftly to information. For these exploring AI crypto buying and selling alternatives or blockchain AI integration, monitoring how AI-driven buying and selling volumes correlate with macro bulletins may uncover new methods. In abstract, the present market dynamics, pushed by macro expectations as famous by Dragosch on April 29, 2025, supply a compelling case for lively buying and selling whereas emphasizing the necessity for danger administration given overbought technical indicators.

FAQ Part:
What are the most recent Bitcoin worth actions as of April 2025?
As of April 29, 2025, at 15:00 UTC, Bitcoin’s worth elevated by 3.2% inside 24 hours, reaching $68,450 on Binance, reflecting robust bullish momentum tied to enhancing macro expectations (Supply: Binance Market Information).

How do macro expectations impression cryptocurrency buying and selling volumes?
Macro expectations considerably affect crypto buying and selling volumes, as seen on April 29, 2025, at 15:30 UTC, with BTC/USDT volumes on Binance rising by 18% to $2.1 billion in 24 hours, pushed by optimism in broader financial circumstances (Supply: Binance Buying and selling Quantity).