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Bitcoin Price Surges to $94,263 with March 2026 Deribit Futures at $100,811: Daily Crypto Market Update and Trading Insights

According to Farside Investors (@FarsideUK), Bitcoin traded at $94,263 on April 28, 2025, posting a 1.07% daily gain, while the March 2026 Deribit Bitcoin Future was quoted at $100,811 with a 1.24% increase. The annualised basis rate stood at 7.71% and 5.18%, indicating a strong contango, which may signal bullish sentiment for traders utilizing futures arbitrage strategies. Notably, Bitcoin ETF flows were neutral with zero net inflow, suggesting sideways institutional demand. Ethereum also rose 1.58% to $1,796, while gold and silver dipped slightly, and crude oil fell to $63.37. These figures provide critical reference points for short-term traders considering momentum, basis trading, and cross-asset correlations. Source: Farside Investors (@FarsideUK) on Twitter, April 28, 2025.

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