Bitcoin (BTC) dominance nears 64% as its price approaches $86,000 despite global economic tensions. The S&P 500 indicates bearish trends with a “death cross” signal, while Treasury Secretary Scott Bessent reassures about the bond market’s stability. Upcoming crypto events include significant halvings, mainnet upgrades, and governance discussions within DAOs. Market movements show BTC up and ETH down in the wake of fluctuating trading volumes and investor sentiment.
The Crypto Daybook Americas provides a daily update on the evolving crypto market as of April 15, 2025. Bitcoin (BTC) approaches $86,000, showing resilience amidst global economic conditions. With its dominance nearing 64%, BTC is set to regain heights not witnessed since January 2021, contrasting starkly with the Nasdaq 100’s performance, which remains 5% below its highs.
Market signals indicate bearish trends, with the S&P 500 forming a “death cross”, a signal that could imply significant downturn. Reports show a surge in NVDA puts, suggesting investor apprehension regarding future price movements. Meanwhile, U.S. Treasury Secretary Scott Bessent highlighted optimism in the bond market, countering claims of foreign sell-offs of U.S. Treasuries while reinforcing the dollar’s reserve status.
On the crypto calendar, several significant events are upcoming: On April 15, the SmarDEX halving appears, cutting its token distribution by 50%, followed by upgrades and launches from various tokens throughout the week. Economic data releases on retail sales and CPI inflation from both Canada and the U.S. are set for mid-April.
Governance discussions are underway within key DAOs, such as Venus and Aave, focusing on liquidations and strategy adjustments due to underlying economic challenges. Upcoming sessions include an AMA by Aergo on April 16 and various community meetings as the crypto community navigates through dynamic conditions.
Market movements reflect ongoing trading patterns: as BTC gains 1.19%, ETH experiences slight downticks. The supply and demand situation has resulted in varied participation in the futures market while issues affecting token trading have raised concerns about liquidity and market manipulation.
Lastly, the market is witnessing fluctuating interest among crypto equities, with positive shifts in specific holdings. Meanwhile, overnight flows indicate that Bitcoin ETFs are experiencing net inflows, reflecting strong investor interest despite surrounding uncertainties in global markets.
