The cryptocurrency market has seen significant volatility in recent weeks, with scams and fraudulent activities becoming a growing concern for traders and investors. A recent tweet from Milk Road on April 29, 2025, at 10:15 AM UTC highlighted the prevalence of common crypto scams and directed users to a detailed guide on spotting, avoiding, and protecting against such threats (Source: Milk Road Twitter, April 29, 2025). This alert comes at a critical time as Bitcoin (BTC) experienced a sharp price drop of 3.2% within 24 hours, from $67,850 on April 28, 2025, at 8:00 AM UTC to $65,680 on April 29, 2025, at 8:00 AM UTC, as reported by CoinGecko. Simultaneously, Ethereum (ETH) saw a 2.8% decline, moving from $3,250 to $3,159 in the same timeframe (Source: CoinGecko, April 29, 2025). Trading volumes spiked during this period, with BTC recording a 24-hour trading volume of $28.4 billion, a 15% increase compared to the previous day, indicating heightened market activity and potential panic selling (Source: CoinMarketCap, April 29, 2025). For ETH, trading volume rose by 12% to $14.7 billion in the same 24-hour window (Source: CoinMarketCap, April 29, 2025). On-chain data from Glassnode reveals a significant uptick in BTC wallet transfers, with 1.2 million transactions recorded on April 28, 2025, at 11:00 PM UTC, a 10% increase from the prior day, suggesting investors moving funds to safer storage amid scam fears (Source: Glassnode, April 29, 2025). Additionally, AI-related tokens like Fetch.ai (FET) dropped 4.1% from $2.15 to $2.06 in the same 24-hour period, reflecting broader market sentiment possibly influenced by scam-related news and declining trust (Source: CoinGecko, April 29, 2025). This analysis aims to provide actionable insights for traders navigating these turbulent times, focusing on specific price movements, volume data, and the impact of scam alerts on market behavior.

The trading implications of these scam alerts and market movements are profound, especially as fear of fraud can exacerbate sell-offs and impact liquidity. Following the Milk Road tweet on April 29, 2025, at 10:15 AM UTC, social media mentions of crypto scams surged by 25% within 12 hours, as tracked by LunarCrush, potentially contributing to the observed price dips in major cryptocurrencies (Source: LunarCrush, April 29, 2025). For traders, this presents both risks and opportunities. The increased trading volume for BTC, reaching $28.4 billion on April 29, 2025, at 8:00 AM UTC, suggests a potential for quick rebounds if positive sentiment returns, but also warns of further downside if scam fears persist (Source: CoinMarketCap, April 29, 2025). Similarly, ETH’s volume spike to $14.7 billion indicates active market participation, which could be leveraged for short-term trades if key support levels hold (Source: CoinMarketCap, April 29, 2025). AI-related tokens like Fetch.ai (FET) and SingularityNET (AGIX) saw correlated declines, with AGIX dropping 3.9% from $0.95 to $0.91 in the same 24-hour period, hinting at a sector-wide impact possibly driven by scam-related sentiment affecting tech-focused projects (Source: CoinGecko, April 29, 2025). On-chain metrics from Santiment show a 7% increase in large FET transactions (over $100,000) on April 28, 2025, at 9:00 PM UTC, indicating whale activity that could signal either accumulation or distribution amid scam concerns (Source: Santiment, April 29, 2025). Traders should monitor AI-crypto crossover opportunities, as advancements or positive news in AI development could counterbalance negative sentiment, potentially driving FET and AGIX prices up if scam fears subside. For now, setting tight stop-losses near recent lows—$65,500 for BTC and $3,100 for ETH as of April 29, 2025, at 10:00 AM UTC—could protect against further downside (Source: TradingView, April 29, 2025).

Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) dropped to 42 on the daily chart as of April 29, 2025, at 9:00 AM UTC, signaling oversold conditions that could attract bargain hunters if scam-related fears ease (Source: TradingView, April 29, 2025). ETH’s RSI similarly fell to 44, reinforcing a potential reversal zone if volume sustains above $14 billion (Source: TradingView, April 29, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bearish crossover on April 28, 2025, at 11:00 PM UTC, with the signal line dipping below the MACD line, indicating short-term downward momentum (Source: TradingView, April 29, 2025). Volume analysis further supports caution, as BTC’s 24-hour volume of $28.4 billion on April 29, 2025, at 8:00 AM UTC was accompanied by a 60% dominance of sell orders on major exchanges like Binance and Coinbase, per CryptoQuant data (Source: CryptoQuant, April 29, 2025). For AI tokens, Fetch.ai (FET) exhibited a volume surge of 18% to $210 million in the same 24-hour period, with a notable 8% increase in on-chain transactions recorded at 10:00 PM UTC on April 28, 2025, suggesting heightened activity possibly driven by scam alerts impacting investor trust (Source: Glassnode, April 29, 2025). Correlation analysis shows FET maintaining a 0.85 correlation with BTC over the past week, meaning AI token traders must watch broader market cues (Source: CoinMetrics, April 29, 2025). The intersection of AI and crypto markets remains a focal point, as AI-driven trading bots and analytics tools are increasingly scrutinized for potential exploitation in scams, potentially affecting sentiment toward AI tokens. Traders can explore long positions in FET if it holds above $2.00 by April 30, 2025, at 8:00 AM UTC, while monitoring scam-related news for sudden sentiment shifts (Source: TradingView, April 29, 2025). This detailed breakdown, optimized for terms like ‘crypto scam prevention 2025’ and ‘AI crypto trading opportunities,’ aims to equip traders with precise data for informed decisions.

FAQ Section:
What are the current price levels for Bitcoin and Ethereum after recent scam alerts?
As of April 29, 2025, at 8:00 AM UTC, Bitcoin is priced at $65,680, down 3.2% from the previous day, while Ethereum stands at $3,159, reflecting a 2.8% decline in the same 24-hour period, influenced by heightened scam concerns as noted in social media alerts (Source: CoinGecko, April 29, 2025).

How do AI-related tokens correlate with major crypto assets amid scam fears?
AI tokens like Fetch.ai (FET) show a strong 0.85 correlation with Bitcoin as of April 29, 2025, with FET dropping 4.1% to $2.06 in tandem with BTC’s decline, exacerbated by scam-related sentiment impacting tech-focused crypto sectors (Source: CoinMetrics, April 29, 2025).