Bitcoin (BTC) price has been in a persistent downtrend since January, but the April 22 surge past $91,000 marks its first higher high breakout of the year and the potential start of a new longer-term uptrend. Bitcoin 1-day chart. Source: Cointelegraph/TradingView The higher high pattern occurred after BTC moved above its previous lower high and resistance at $88,500, but the real factor that will keep price afloat is buying volumes in various cohorts of the Bitcoin market. The US spot Bitcoin ETFs recorded total net inflows of $381 million on…
Month: April 2025
Institutional demand could push BTC past $200k in 2025 โ Analysts
Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph.ย Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoinโs price to more than double this year. โWhile the forecast is optimistic, itโs also conditional. Any black swan โ from a major regulatory clampdown to a geopolitical event โ can disrupt trajectories,โ Fei Chen, Intellectia AIโs chief…
Trump Attacks Fed, Wall Street Shudders, Bitcoin Draws Strength
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artรญculo tambiรฉn estรก disponible en espaรฑol. US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and…
Bitcoin ETFs Soar With $381 Million Inflows As Recovery Gains Momentum
Bitcoin ETFs extended their recovery with an impressive $381 million in inflows, marking the second straight day of net gains. Ether ETFs, however, continued to struggle with more outflows. Bitcoin ETFs Rally Led by ARKB and FBTC With Ether ETFs Still in Retreat Momentum returned to bitcoin ETFs in a big way on Monday, April […] Original
2025 is no longer about cycles โ Bitcoin is reading something else entirely
How much of Bitcoinโs 2025 momentum is being driven by fundamentals, and how much by macro systems that no longer offer reliable direction? Fragile growth amid policy tightropes The global economy in 2025 is walking a tightrope. The deliberate reengineering of trade rules by the U.S. has created a new layer of uncertainty, making global markets more volatile and less predictable. Under President Trump, Washingtonโs sweeping tariff hikes have effectively rewritten the post-globalization playbook. These changes have reignited fears of a potential recession, pushing central banks, corporations, and policymakers into…
Analyst Says โThe Clock Is Tickingโ For XRP โ Hereโs Why
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artรญculo tambiรฉn estรก disponible en espaรฑol. The longโrunning stalemate in the XRP price action may be entering its decisive phase, according to market technician CasiTrades (@CasiTrades). In a chart update shared on X, the analyst…
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
Some members of the bitcoin (BTC) mining industry are in the habit of routinely undervaluing mining rig shipments with the U.S. Customs and Border Protection (CBP) in order to reduce customs duties, multiple people familiar with the practice told CryptoX. Now that the Donald Trump administration is raising tariffs on most goods brought from around the world, these attempts at avoiding paying import charges are becoming more relevant than ever before. โ[Industry members] usually have ways around [tariffs] by declaring lower value on packages,โ Jill Ford, the founder of BitFord…
Bitcoin Tops $90K as Markets Rebound Despite Tariff Friction
The top digital asset roared past $90K on Tuesday morning as both traditional and crypto markets saw positive momentum despite Trump fumbling a trade deal with Japan. BTC Rally Defies Trade War Fears, Hits $90K Milestone Markets have been going haywire lately due to unresolved tariff concerns, but stock indices, the crypto market, and bitcoin, […] Original
Bitcoin-to-gold ratio risks 35% decline following Wall Street’s $13T wipeout
Bitcoinโs (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market. Bitcoinโs breaks below key gold support As of April 22, the BTC/XAU ratio had closed below its 50-period exponential moving average (50-period EMA; the red wave) on the two-week chart for the first time since April 2022. BTC/XAU two-week performance chart. Source: TradingView Historically, a decisive close below the 50-period EMA has…
Metaplanet CEO Defends Company’s Bitcoin Treasury Approach Despite Concerns over Share Price
Key Notes Metaplanet now holds Asiaโs largest BTC treasury, aiming for 10,000 BTC by the end of 2025. BTC per share up 119.3% YTD, beating the 35% quarterly target. CEO Gerovich defends strategy amid 2.3% share price dip, citing long-term value goals. Simon Gerovich, the CEO of Metaplanet, took to X to address the concerns of some shareholders regarding the investment firmโs share price. Metaplanetโs share price dropped 2.3% in the past day and 4.2% over the past week. According to a translation of Gerovichโs tweet, the aim of the…