Cryptocurrency Market Performance
Currently, the total cryptocurrency market capitalization is $2.53 trillion, with BTC accounting for 62.35%, which is $1.58 trillion.The stablecoin market value is $233.5 billion, with a 7-day change of -0.67%, of which USDT accounts for 62.05%.
This week, BTC's price has been range-bound, currently at $83,668; ETH is also range-bound, currently at $1,580.
CoinMarketCap shows that among the top 200 projects, most are declining with a few rising, including: XCN with a 7-day increase of 121.21%, FARTCOIN with a 7-day increase of 82.36%, ORCA with a 7-day increase of 62.25%, and BABY with a 7-day increase of 58.74%.
This week, US Bitcoin spot ETF net outflow: $708 million; US Ethereum spot ETF net outflow: $82.5 million.
The "Fear & Greed Index" on April 12 was 43 (higher than last week), with this week's sentiment: 1 day of extreme fear, 5 days of fear, and 1 day of neutral.
Market Forecast: This week, the market experienced one day of extreme fear due to US global excess tariffs, with a slight decrease in on-chain stablecoins, which is not an optimistic situation. The US Bitcoin spot ETF had significant net outflows, and the Ethereum ETF also saw net outflows. With US CPI and PPI far below expectations and a 90-day tariff suspension for most countries except China, market sentiment eased in the latter half of the week, with cryptocurrency prices showing some recovery.
The probability of the Federal Reserve cutting rates by 25 basis points in May is 16%, lower than last week. The market is expected to remain range-bound between April and May, with BTC likely to oscillate between $75k-90k. In terms of potential opportunities, focus can be placed on fundamental projects like Babylon, and keep an eye on the"Hotcoin New Coin List" to unlock more wealth opportunities.
[The rest of the translation follows the same approach, maintaining the structure and translating all text while preserving any HTML tags and specific terms as specified in the initial instructions.]2. Sei (SEI) will unlock 224 million tokens on April 15, valued at approximately $38.53 million, representing 2.25% of the circulating supply;
3. Zebec Network (ZBCN) will unlock 2.12 billion tokens on April 16, valued at approximately $2.05 million, representing 2.12% of the circulating supply;
4. ApeCoin (APE) will unlock 15.38 million tokens on April 17, valued at approximately $6.59 million, representing 1.54% of the circulating supply;
5. Immutable (IMX) will unlock 24.52 million tokens on April 18, valued at approximately $10.38 million, representing 1.23% of the circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", through in-depth analysis of cryptocurrency industry trends, multi-dimensional assessment of potential projects, and all-day market fluctuation monitoring. Combined with the bi-weekly "Hotcoin Strict Selection" strategy live broadcast and daily "Blockchain Today's Headlines" news briefing, we provide precise market interpretation and practical strategies for investors at different levels. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment itself carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure the safety of funds.
