Daily Market Brief•Apr 29, 2025

Daily Market Brief 250429

  • The crypto market remains mostly unchanged. As of now, $BTC is trading at $94,994 and $ETH is trading at $1,799. Bitcoin dominance stands at 64.38%.

  • Strategy announced that it has acquired 15,355 BTC for $1.42 billion at an average price of $92,737 per BTC. Currently, Strategy holds 553,555 BTC, valued at $37.90 billion with an average purchase price of $68,459.

  • A few headlines from the weekend include: $XMR surging after $330 million in Bitcoin (3,520 BTC) vanished from a potential victim’s wallet in a suspicious transfer; AI robotics company Rice Robotics announcing the launch of the Floki AI-powered companion robot; and the Arizona Legislature passing a bitcoin reserve bill (see below).

  • Over the past 24 hours, the top three gainers were $VIRTUAL, $FLOKI, and $LAYER, while the top three losers were $PENGU, $PI, and $OM.

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