Bitcoin Price Today 29/04/2025: BTC Holds Above $94K With Record ETF Inflows

Bitcoin (BTC) is trading at $94.915,71 this Monday, April 29, 2025. In direct equivalence, the value corresponds to approximately R$542.313,57 in the Brazilian market and approximately €84.004,51 in the European quotation.

Among the main altcoins, Ether (ETH), the native token of the Ethereum network, is quoted at US$ 1.826,62, registering a slight increase of 0,98% in the last 24 hours. XRP, Ripple's asset, appears with a price of US$ 2,278, while BNB, from Binance, is traded at US$ 602,18.

The Solana (SOL) network is trading at around $148,01, reflecting a daily drop of 2,06%. Dogecoin (DOGE), often driven by speculative movements, is trading at $0,1784. Other cryptocurrencies such as Cardano (ADA) are seen at $0,710, while Tron (TRX) is trading at $0,2456.

Despite the consolidation observed in the price of Bitcoin, the altcoin market shows mixed behavior, with some coins registering moderate gains and others retreating due to investor caution.

The recent upward movement coincides with a 7,2% cumulative appreciation in the last seven days, pushing the price of BTC to current levels. The performance also reflects the strong flow of investments into Bitcoin-linked funds, such as the iShares Bitcoin Trust (IBIT), which has attracted more than $22 billion in net inflows since April 4,5, bucking the market trend.

Experts have highlighted this behavior. Nate Geraci, president of The ETF Store, commented that almost US$1 billion entered IBIT alone in a single day, highlighting the growing institutional appetite. Eric Balchunas, an analyst at Bloomberg, stated that ETFs are following an expected pattern of consistent advances after small corrections.

Damn. ETFs are in two steps fwd mode after taking one step back, which is the pattern we predicted from the get-go. https://t.co/bNRorN3qMf

— Eric Balchunas (@EricBalchunas) April 29, 2025

In derivatives markets, open interest (OI) in CME Bitcoin futures fell to 132.750 BTC after a four-day decline. However, the return to profitability in underlying trading — with the annualized yield jumping from 5% to 9% in April — could signal a potential uptick in futures activity in the near term.