On April 17, 2025, Bitcoin trading volumes surged, with BTC/USD reaching $20 billion, BTC/GBP at $5 billion, and BTC/EUR at $10 billion, highlighting significant global interest.

In the last 24 hours, Bitcoin trading volume hit 1.2 million BTC across major exchanges, indicating robust market engagement.

Ethereum also saw a price rise of 2% to $3,500, with a trading volume of 500,000 ETH, and demonstrated a strong correlation with Bitcoin, evidenced by a $1 billion trading volume in the ETH/BTC pair.

Technical indicators for Bitcoin are bullish, with a Relative Strength Index (RSI) of 65 and a Moving Average Convergence Divergence (MACD) crossover suggesting upward momentum.

The Bitcoin dominance index has climbed to 45%, indicating a shift in investor preference towards Bitcoin over other cryptocurrencies.

Active Bitcoin addresses increased by 10% to 1.5 million, with the average transaction value rising by 8% to $25,000, suggesting potential institutional involvement.

Bitcoin futures trading on the CME saw a 20% increase to 10,000 contracts, while open interest for Bitcoin options on Deribit rose by 15% to 50,000 contracts, further indicating growing institutional interest.

During the same week, gold prices rose to $2,350 per ounce, a 5% increase, while Bitcoin's price surged to $68,000, marking a 3% rise.

In the AI-crypto crossover, the AI token SingularityNET (AGIX) experienced a 4% price increase to $0.50, supported by strong trading volume and active addresses.

Overall, the market trend suggests significant trading opportunities, particularly in the AI-crypto sector, encouraging traders to monitor these developments closely.

Market sentiment is increasingly positive, as evidenced by the Crypto Fear & Greed Index rising by 5 points to 70, reflecting growing optimism among investors.

Crypto analyst Crypto Rover noted that Bitcoin is poised to follow gold's upward trend, signaling a bullish outlook for cryptocurrencies.