SoSo Daily Apr 10 | U.S. stock index futures decline further.
Crypto Market Overview
Let's turn our attention to today's overall Crypto market situation.
As of 6:01 PM on April 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.60 trillion US dollars, witnessing a decrease of 0.281% compared to yesterday; the total trading volume is 156.93 billion US dollars, marking a decline of 11.3% from the previous day.
Cryptocurrency Market Update
According to sosovalue, the price of $BTC is 79,469 USD, a decrease of 3.09% from yesterday. The market cap of $BTC is 1.58 trillion USD, accounting for 60.6% of the total market cap; $BTC's 24-hour trading volume is 71.00 billion USD, making up 45.2% of the total trading volume.
The price of $ETH is 1,516.1 USD, down 6.72% from yesterday; the market cap of $ETH is 182.96 billion USD, representing 7.03% of the total market cap; $ETH's 24-hour trading volume is 31.94 billion USD, comprising 20.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.63% of the total cryptocurrency market cap, and their combined trading volumes constitute 65.6% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 18:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is PumpBTC. As of 18:00 today, its market cap is 13.68M, with a coin price of 0.048000 USD, witnessing a 24-hour increase of 380%.
The second is bAI Fund. As of 18:00 today, its coin price is 0.0049400 USD, with a 24-hour increase of 349%.
The third is Amnis Finance. As of 18:00 today, its coin price is 0.071690 USD, showing a 24-hour increase of 32%.
In fourth place is tomiNet. As of 18:00 today, its coin price is 0.0034340 USD, with a 24-hour rise of 27.4%.
In fifth place is LUCE. As of 18:00 today, its coin price is 0.011890 USD, increasing by 24.4% over the last 24 hours.
Sector Performance in the Crypto Market
According to sosovalue, out of 16 sectors, 1 is up and 15 are down. Notably, the PayFi, SocialFi, and $ETH sectors are worth mentioning.
PayFi Sector
The PayFi sector has fallen by 5.24% relative to the UTC 0 time, led by declines in pip (-16.9%), RUBY (-10.3%), and math (-8.13%).
SocialFi Sector
The SocialFi sector has decreased by 6.13% relative to UTC 0, with pts (-66.7%), ton (-7.72%), and mask (-6.75%) leading the drop.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to Deep Tide TechFlow news on April 10, as reported by Jin10 Data, the decline in the three major U.S. stock index futures has widened, with Nasdaq futures down over 2%, S&P 500 futures down 1.7%, and Dow futures down 1.2%.
Next news:
According to Deep Tide TechFlow news, on April 10, HTX market data shows that $BTC has fallen below $82,000, currently reported at $81,873, with a 24-hour increase narrowing to 8.5%.
Next news:
In March, the unadjusted CPI in the United States had a year-on-year rate of 2.4%, expected to be 2.60%, and the previous value was 2.80%. The seasonally adjusted CPI in the United States for March had a month-on-month rate of -0.1%, expected to be 0.10%, and the previous value was 0.20%. The unadjusted core CPI in the United States for March had a year-on-year rate of 2.8%, expected to be 3.00%, and the previous value was 3.10%. The seasonally adjusted core CPI in the United States for March had a month-on-month rate of 0.1%, expected to be 0.30%, and the previous value was 0.20%.
Next news:
According to TechFlow, on April 10, Jinshi Data reported that the U.S. inflation rate in March dropped to 2.4%, exceeding expectations. The Federal Reserve is considering how to respond to Trump's shift in stance on tariffs. The Consumer Price Index (CPI) year-on-year, released by the U.S. Bureau of Labor Statistics on Thursday, was lower than February's 2.8% and also below economists' forecast of 2.5%.
The data also showed that the core inflation rate in January rose by 2.8% year-on-year, down from 3.1% in February and lower than economists' expectation of 3%. The Federal Reserve is facing a dilemma: whether to cut interest rates to prevent a potential economic slowdown triggered by Trump's comprehensive tariffs on U.S. trading partners, or to raise rates to curb rising inflation.
Next news:
According to Wu, Bithumb, South Korea's second-largest cryptocurrency exchange, will launch the Babylon (BABY) trading pair against the Korean won. Deposits/withdrawals will open at 7:00 PM local time, with trading times to be determined. Babylon is a Bitcoin staking protocol.
Next news:
According to Wu, monitored by EmberCN, an $ETH whale that was on the brink of liquidation multiple times sold 26,881 $ETH (approximately 42.04 million DAI) in the past hour and a half, paying off all its borrowings and unloading leverage, thus ending the liquidation pressure. This whale had previously reduced its position multiple times before liquidation to lower the liquidation threshold. After this sell-off, it still holds 11,600 $ETH (approximately 18.26 million).
Next news:Wu learned that OKX has announced a collateral mirror program for tokenized money market funds in collaboration with Standard Chartered, Brevan Howard, and Franklin Templeton under the Dubai VARA framework, with Standard Chartered acting as the independent custodian. This program allows institutions to use cryptocurrencies and tokenized assets as trading collateral, enhancing capital efficiency and risk protection, and aims to connect traditional finance with crypto infrastructure while complying with high regulatory standards.
Next news:Meanwhile, a bitcoin life insurance startup based in Bermuda, has raised $40 million in a Series A funding round co-led by Framework Ventures and Fulgur Ventures. This follows $20.5 million in prior seed financing. The company offers a $BTC Whole Life insurance product, which provides tax-advantaged growth and a guaranteed payout in bitcoin. Meanwhile aims to provide financial services that preserve wealth in regions with high inflation or currency instability. The firm is regulated by the Bermuda Monetary Authority and is also working on a $100 million $BTC Private Credit Fund to offer institutional investors exposure to bitcoin.
Next news:EU diplomats have indicated that the EU is considering suspending retaliatory measures against US tariffs scheduled for April 15, with the suspension lasting for 90 days.
Next news:
According to official announcements, Binance will adjust the funding fee settlement frequency for the TROYUSDT and GASUSDT U-based perpetual contracts on April 10 at 16:00 (UTC+8). The funding fee settlement frequency will change from once every four hours to once every two hours.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.