Daily Market Report – April 15, 2025
The cryptocurrency market has experienced notable activity over the last 24 hours. The total value locked (TVL) across the entire chain has reached $90.96 billion, showing a slight increase compared to yesterday. The Fear/Greed Index currently sits at 21, indicating market sentiment leaning toward greed. In terms of price action, Bitcoin (BTC) has gained 0.90%, trading at $85,154.07. The highest point in the last 24 hours was $85,799.97, while the lowest was $83,724.60. Similarly, Ethereum (ETH) has risen by 0.83%, now priced at $1,636.26. ETH saw a high of $1,691.02 and a low of $1,609.81 in the past day.
Among the top gainers, HJH led the pack with a remarkable 106.42% increase, followed by ANIME, which rose by 24.32%, and ME, which gained 8.01%. The market continues to show signs of active trading, with Bitcoin’s global long/short ratio at 50.38% longs and 49.62% shorts, while Ethereum’s ratio is almost even at 49.99% longs and 50.01% shorts.
In the latest market news, the on-chain market has shown signs of recovery, with RFC and DARK tokens experiencing significant volume increases. Meanwhile, South Korea has blocked 14 cryptocurrency exchanges from the Apple App Store, highlighting the ongoing regulatory pressure in the region. Security concerns have also arisen as Kilo, a crypto platform, was hacked, resulting in a loss of $7.4 million in assets. On the macroeconomic front, the Federal Reserve’s one-year inflation expectation for March 2025 stands at 3.58%, slightly higher than the forecast of 3.26%. This news contributes to the ongoing discussion around potential interest rate cuts, with the market speculating a 25 basis point reduction in December.
Michael Crag
