cryptocurrency markets

 cryptocurrency markets ON 13 apr 2025

The term "money market" in your query could refer to either cryptocurrency markets (as we've been discussing) or traditional money market instruments (e.g., money market funds or accounts). Since the conversation has focused on cryptocurrencies, I’ll address the crypto market’s performance today, April 13, 2025, but I’ll also briefly cover traditional money markets to ensure clarity. If you meant something specific, please confirm!

Cryptocurrency Market Performance Today (April 13, 2025)

• Overall Market:
  • The global crypto market cap is $2.79 trillion, up slightly (0.5%) from yesterday, reflecting cautious optimism.
  • 24-hour trading volume is ~$88.59 billion, typical for a Sunday with lower liquidity.
  • Sentiment remains mixed, with the Fear & Greed Index at 43 (Fear), indicating investor caution amid trade tariff uncertainties.
• Bitcoin (BTC):
  • Price: ~$84,505, up 1.6% today.
  • Performance: BTC has stabilized above $84,000 after dipping to $74,000 earlier this month due to U.S.-China tariff fears. It’s testing resistance at $86,000, with support at $82,000.
  • Drivers: Positive regulatory news (e.g., U.S. repealing IRS decentralized exchange rules) and ETF inflows ($1.9B in January) bolster confidence. However, X posts warn of over-leveraged futures risking a pullback.
• Ethereum (ETH):
  • Price: ~$1,604, up 2.72% today.
  • Performance: ETH is recovering from a low of ~$1,500, holding support at $1,550. It’s down ~56% year-to-date, reflecting altcoin weakness.
  • Drivers: Whale accumulation and anticipation of the Pectra upgrade (May 7, 2025) support prices, but tariff-driven risk-off sentiment caps gains. X chatter notes altcoin volatility.
• Binance Coin (BNB):
  • Price: ~$591.67, up 1.1% today.
  • Performance: BNB is steady, testing $600 resistance with $550 support. It’s buoyed by Binance Smart Chain’s high DEX volumes.
  • Drivers: Ecosystem strength and burn mechanisms drive optimism, though tariff impacts on global markets limit upside. X posts highlight BNB’s resilience vs. other altcoins.
• Other Assets:
  • Altcoins: SUI (+23%), AVAX, and AI tokens are outperforming, driven by DeFi and speculative trading. Meme coins like DOGE and SHIB show sporadic spikes.
  • DeFi: Total value locked is ~$72.99 billion, stable but under pressure from newer chains.
• Key Influences:
  • Tariffs: U.S.-China trade tensions eased slightly with exemptions for electronics, supporting a modest crypto rebound. However, further escalation could trigger sell-offs.
  • Regulation: Pro-crypto U.S. moves (e.g., DOJ easing enforcement) fuel bullish narratives, but global regulatory patchwork adds uncertainty.
  • Liquidity: Sunday’s lower volume suggests muted price action unless news breaks. X posts note whales accumulating, hinting at potential upside if momentum builds.

Traditional Money Market Performance Today

If you meant money market funds or accounts (low-risk investments like Treasury bills or short-term securities):

• Context: No specific daily performance data for money market funds is available for April 13, 2025, as these are typically reported weekly or monthly. However, recent trends provide insight.
• Yields: Top money market accounts offer ~4.0%-4.41% APY (e.g., Zynlo, Vio Bank), while funds yield ~4%-5% (e.g., Vanguard Federal Money Market Fund).
• Performance: Money market funds fell by $25.4 billion to $7.01 trillion for the week ending April 9, driven by outflows in government and prime funds.
• Drivers: The Federal Reserve’s pause on rate cuts keeps yields attractive, but expected 2025 cuts (two projected) may lower returns. Tariff-driven inflation fears could stabilize rates longer-term.

Outlook for Today’s Crypto Market

• Likely Behavior: The crypto market may consolidate today due to low Sunday volume. BTC could hover at $83,000-$86,000, ETH at $1,550-$1,650, and BNB at $580-$600. Altcoins like SUI or meme coins might see speculative pops.
• Bullish Triggers: Easing tariff rhetoric or ETF approval news could lift BTC toward $87,000 and ETH to $1,800.
• Bearish Risks: Tariff escalation or equity market spills could push BTC to $80,000, ETH to $1,500, and BNB to $550.
• Watch: Monitor X for tariff updates or Trump’s crypto comments, which often move markets.

Clarification

If you meant traditional money markets or a specific crypto, please specify, and I’ll tailor the response. For crypto, the market’s quiet today but sensitive to news—stay cautious with leverage.

Note: Crypto markets are volatile, and this is not financial advice. Always research thoroughly before investing.