Crypto Market Outlook

Hello fellow traders, I hope you all are doing great. In this blog, we will be talking about the overall market outlook. A lot is happening behind the charts that we should be aware of because it impacts the crypto market in the long term. So, we will discuss a few important things that have happened or are happening in the crypto market.

1. Bitcoin saw its largest withdrawal from exchanges since February 2023

Bitcoin just had its biggest exchange withdrawal since February 2023. Over 7,000 BTC (about $500 million) left Coinbase in one day. This usually means people are moving Bitcoin into personal wallets because they expect prices to go higher. Big institutions are also buying heavy — spot Bitcoin ETFs pulled in nearly $478 million recently. Bitcoin is holding strong around $94,000, aiming for $100,000 soon. Overall, it’s a bullish sign, but watch out for any sudden market shifts.

2. Bitcoin momentarily became the 5th-largest asset in the world

Bitcoin officially became the fifth-largest asset in the world by market capitalization, briefly surpassing Google’s parent company, Alphabet. As of April 28, 2025, Bitcoin’s market cap stood at around $1.86 trillion, slightly edging past Alphabet’s $1.876 trillion.

This milestone

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