A Quick Look at the Crypto Market – Friday, April 24, 2026
The market is currently in a calm accumulation phase following a strong rally this week. Sentiment has clearly improved:
1. Bitcoin BTC
• Holding steady around $77,590 after touching $78,580 during the day • Still above the key 50 and 100-day moving averages, with current support at $75,680 • BTC ETF funds have recorded 8 consecutive days of net inflows at +$2 billion, absorbing 9 times the Bitcoin mined over the past 5 days • The fear and greed index has risen to 59 "neutral" from 33 last month. CoinMarketCap states: "The panic is over and the market is returning to a risk-on stance"
2. Ethereum ETH
• Trading around $2,320 with a slight dip of 0.5% today • Key support at $2,290-$2,310, and strong resistance at $2,450 • ETH fund inflows halted yesterday with an outflow of $75.9M after 10 days of inflows, but institutions are still accumulating: Bitmine bought 101,627 ETH for $356M
3. The Market Overall
• Bitcoin dominance has surpassed 60% for the first time this year, indicating liquidity is flowing more towards BTC than altcoins • Hot coins this week: RaveDAO, Asteroid Shiba, Aave, CHIP, Pudgy Penguins • Biggest gainers over the last 7 days: USD.AI CHIP +146%, Spark +68%, SKYAI +38%
Quick Summary
The market is cooling off after the rally. Bitcoin remains stable above support with strong institutional inflows, while Ethereum is testing $2,300. Sentiment has shifted from extreme fear to a neutral leaning towards optimism, but analysts warn about profit-taking near $79K-$80K for Bitcoin.
The market is currently in a calm accumulation phase following a strong rally this week. Sentiment has clearly improved:
1. Bitcoin BTC
• Holding steady around $77,590 after touching $78,580 during the day • Still above the key 50 and 100-day moving averages, with current support at $75,680 • BTC ETF funds have recorded 8 consecutive days of net inflows at +$2 billion, absorbing 9 times the Bitcoin mined over the past 5 days • The fear and greed index has risen to 59 "neutral" from 33 last month. CoinMarketCap states: "The panic is over and the market is returning to a risk-on stance"
2. Ethereum ETH
• Trading around $2,320 with a slight dip of 0.5% today • Key support at $2,290-$2,310, and strong resistance at $2,450 • ETH fund inflows halted yesterday with an outflow of $75.9M after 10 days of inflows, but institutions are still accumulating: Bitmine bought 101,627 ETH for $356M
3. The Market Overall
• Bitcoin dominance has surpassed 60% for the first time this year, indicating liquidity is flowing more towards BTC than altcoins • Hot coins this week: RaveDAO, Asteroid Shiba, Aave, CHIP, Pudgy Penguins • Biggest gainers over the last 7 days: USD.AI CHIP +146%, Spark +68%, SKYAI +38%
Quick Summary
The market is cooling off after the rally. Bitcoin remains stable above support with strong institutional inflows, while Ethereum is testing $2,300. Sentiment has shifted from extreme fear to a neutral leaning towards optimism, but analysts warn about profit-taking near $79K-$80K for Bitcoin.