On April 16, 2025, trading volumes across major exchanges surged significantly, with Binance reporting 500,000 BTC traded in the BTC/USDT pair, up from 400,000 BTC the previous day, and the BTC/EUR pair on Kraken experiencing a 20% rise to 50,000 BTC.

Overall, trading volumes on platforms like Binance and Coinbase increased by 25%, totaling 1.2 million BTC traded within 24 hours, reflecting heightened market activity in response to recent price fluctuations.

This surge in trading activity comes after Bitcoin's price fell by 10% on April 15, dropping from $65,000 to $58,500, largely due to volatility linked to the Federal Reserve's interest rate announcement.

The Relative Strength Index (RSI) also indicated a shift in market sentiment, dropping from 70 to 45 on April 16, suggesting a transition from overbought to neutral conditions.

Despite the price decline, on-chain metrics showed a 10% increase in active Bitcoin addresses, reaching 1.1 million on April 16, indicating greater network engagement.

As of April 17, corporate Bitcoin holdings have surged to 2.3 million BTC, a notable increase from 1.9 million BTC at the start of the year, according to IntoTheBlock.

On the same day, the Bitcoin Hash Ribbon indicator remained stable at 0.8, suggesting no immediate threat to network security despite ongoing price volatility.

Increased volatility was also observed in the BTC/USD trading pair, with the Bollinger Bands width expanding from 1,500 to 3,000, reflecting ongoing market uncertainty.

Additionally, trading volumes in the BTC/ETH pair grew by 5% to 100,000 ETH, indicating that investors may be considering Ethereum as a hedge against Bitcoin's fluctuations.

However, technical analysis revealed that Bitcoin's price fell below the 50-day moving average of $60,000, signaling a bearish trend for traders.

This increased engagement is partly attributed to rising corporate interest, with companies like MicroStrategy and Tesla actively accumulating Bitcoin.