On April 29, 2025, Bitcoin (BTC) remains around the $95,000 level, unaffected by the recent loss of a pro-BTC candidate in Canada. Key macroeconomic data, including Friday's non-farm payroll report, may influence Bitcoin's next movement. Currently, Bitcoin is exhibiting a symmetrical triangle consolidation pattern, indicating potential progression if it breaks above $95,500. Technically, Bitcoin's hashrate has surged but is now decelerating, with a significant downward difficulty adjustment expected soon. Macroeconomic insights this week include projected reductions in job growth and steady unemployment rates. Earnings reports from major tech companies like Microsoft and Apple are also forthcoming. Notable crypto developments include several ETF launches for XRP and updates from various blockchain protocols. Meanwhile, BTC shows an increase of 0.43% as it remains dominant in the derivatives market, representing over 40% of total open interest. The overall market sentiment is cautious ahead of major economic data releases and earnings announcements.

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