The trading volume for Bitcoin against USDT surged to 85,000 BTC, reflecting a 15% increase from the previous day and indicating heightened market activity.

By 2:00 PM UTC, 68% of Bitcoin addresses were in profit, further suggesting a favorable outlook for price stability.

Spot ETF inflows reached $320 million over the past week, showcasing strong retail and institutional interest in Bitcoin, particularly amid Michael Saylor's advocacy for education in the cryptocurrency space.

As of 10:00 AM UTC on April 29, 2025, Bitcoin was trading at approximately $62,450 on Binance, reflecting a 2.3% increase within 24 hours and indicating positive market sentiment.

On-chain data indicated that Bitcoin's active addresses rose to 1.1 million, marking a 7% increase week-over-week and suggesting growing user engagement with the network.

Combined trading volumes for Bitcoin pairs BTC/USDT and BTC/ETH surpassed $5.2 billion across major exchanges, underscoring Bitcoin's dominance in the cryptocurrency market.

On the same day, Saylor tweeted 'Teach a man to Bitcoin,' emphasizing the importance of Bitcoin education for broader market adoption.

The total value locked in Bitcoin layer-2 solutions, such as the Lightning Network, stood at 5,200 BTC, highlighting ongoing interest in scalability solutions.

Following Saylor's tweet, Google search trends for 'how to buy Bitcoin' increased by 12%, reflecting a boost in retail interest.

Bitcoin maintained a strong market position, with a BTC/ETH ratio of 20.5 on Kraken, indicating its relative strength against Ethereum.

Bitcoin's price showed bullish signals with an RSI of 62 and support above the 50-day Moving Average of $61,800, suggesting potential for further upward movement.

Traders are advised to monitor Bitcoin's resistance at $63,000 and support at $61,500, alongside AI token volume spikes for potential trading opportunities.