As yuan weakens past 7.20 per dollar, Hayes points to historical patterns showing Chinese capital flight often fuels crypto bull runs.
Bitcoin has swung wildly over the last week as traders scramble to get ahead of a "crisis scenario" for the bitcoin price.
Bitcoin (CRYPTO: BTC) is increasingly behaving like a high-volatility, liquid version of gold, according to Bernstein analysts. What Happened: In a note to clients on Tuesday, the analysts wrote that despite falling roughly 26% amid ongoing tariff disruptions and geopolitical volatility, Bitcoin has performed better than expected in historical context—especially compared to past market shocks like COVID or rate hike cycles, which triggered 50–70% drawdowns.
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TL;DR Strategic Bet on Coinbase: ARK Invest acquired $26.6M in Coinbase shares in two transactions, showing strong confidence despite market turbulence. Bitcoin ETF Reduction: The firm offloaded $12M in ARK 21Shares Bitcoin ETF holdings amid broader market sell-offs and Bitcoin price drops.
One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee.The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that changed the transaction's target address, sending 0.48 Bitcoin ($37,770) with 0.2 BTC of change ($16,357).
Over the past few days, the wave of liquidations across the cryptocurrency market has shaken investor confidence, leaving many traders on edge. With strengthening bearish pressure, many BTC holders are distributing their coins.
Glassnode expected BTC to find a potential local bottom above $70K.
Stocks and cryptocurrencies have been punched hard amid fears of economic fallout from President Donald Trump's sweeping tariff measures. Even so, Bitcoin, the world's largest cryptocurrency by market capitalization, has fared better than some of Wall Street's tech behemoths.
Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty, according to Blockstream CEO Adam Back.Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said rising inflation and monetary instability across global economies will drive broader Bitcoin (BTC) adoption. He compared the cryptocurrency to gold, noting its scarcity and growing recognition as a store of value despite its 30% correction from its all-time high above $109,000.
The People's Bank of China is allowing a free float on the yuan, a move that may fuel a rapid breakout of Bitcoin price.
Anziani also spoke about crypto.com's evolution, the Trump deal, and more.
BlackRock CEO Larry Fink issued a stark warning about the US economy, saying that the country is likely already in a recession. Since the start of April, 2025, the S&P 500 index has declined by 10.11%. Currently, it sits at $5,062.24. Fink predicts that the stock market could fall another 20%.
The downfall of Mount Gox, once the biggest cryptocurrency exchange, is a lesson in what can go wrong. It took 10 years after the platform's collapse for creditors to start getting their compensation.
Crypto and financial markets, in general, are reeling from renewed volatility and mounting geopolitical pressure. As a result, speculation is intensifying around whether the Federal Reserve (Fed) will pivot back toward Quantitative Easing (QE).
Bitcoin recovers to near $80,000 after four-month low as Trump's impending tariffs continue to create uncertainty in cryptocurrency markets.
Crypto Market Update: Bitcoin, Ether, and other altcoin prices have embarked upon a significant upward trajectory following the recent volatility stirred due to Donald Trump's tariffs. BTC price witnessed a 6% uptick in the past 24 hours, closing in at the $79K level.
A single false report about Trump's tariff plans caused a $2.4 trillion market swing and Bitcoin to briefly hit $80,000 before crashing.
Bernstein analysts argue that Bitcoin's current drawdown has been much more resilient than those during previous crises.
For many crypto investors, it might seem impossible that Bitcoin (BTC 4.22%) could come roaring back to life and skyrocket higher in 2025. After all, Bitcoin is down almost 30% from an all-time high of $109,000 in January, and the intensifying global trade war threatens to cut any nascent crypto rally short.
Following a disastrous Black Monday, the Bitcoin price has surged past $80k, reigniting optimism across the crypto market. While BTC's dip below $75k sparked widespread anxiety, the crypto's resurgence has invoked enthusiasm and confidence.
Given the huge turmoil experienced in traditional markets during the last few days, Bitcoin (BTC) has shown hints of strength, and did not fall precipitously as might have been expected of a risk asset. However, it did dip under $75,000 before recovering.
The total crypto market cap has added over $100 billion since yesterday's low.
With China threatening strong retaliation against Trump's tariff demands, Bitcoin might be primed for a breakout, following its history of thriving amid geopolitical turmoil.
Popular quant analyst PlanB says that one key indicator suggests a Bitcoin (BTC) bull market is now forming. In a video update, the pseudonymous analyst tells his 209,000 YouTube subscribers that a combination of 200-week means suggests Bitcoin may soon enter an explosive uptrend based on historical precedent.
Bitcoin bounced back to flirt with the $80K level during Tuesday's early hours, taking advantage of the favorable session experienced by the major Asian bourses despite the tariff menace. Other assets like ether, XRP, and solana also recovered, but tariff risks may continue to affect market performance in the coming days.
James Murphy, an American lawyer, has taken legal steps to learn whether a federal agency once met with people behind the creation of Bitcoin BTC.
Bitcoin stabilizes at $74K with support from 50,000 BTC holders. What's next on the cards for BTC?
On-chain data shows the Bitcoin Hashrate has shot up to a new all-time high (ATH), despite the fact that BTC has continued its bearish trajectory.
Crypto analyst Michael van de Poppe, based in Amsterdam, has published a tweet to comment on Bitcoin's recent attempt to surge back above the $80,000 level. The attempt has not been successful yet, and BTC has been pushed back to the $79,400 zone.
The wider altcoin market followed Bitcoin (BTC) in a mild bullish recovery during the past 24 hours after opening the week in an extremely choppy mode. The total crypto market cap gained around 2 percent to hover about $2.6 trillion on Tuesday, during the early London trading session.
China's yuan depreciation beyond key threshold may trigger capital flight to Bitcoin, repeating historical patterns despite tighter crypto regulations.
Back also said BTC is holding on relatively well during the ongoing Trade War.
A fake headline about a temporary pause in Trump's tariff war with China sent shockwaves through the US stock market. As the news turned out to be false, volatility surged. It is time to analyse how the Bitcoin market has responded to the development.
Strategy faces a $5.91 billion unrealized Bitcoin loss in Q1 2025 after aggressive purchases at higher prices as crypto market declines.
The crypto markets healed to some extent after gaining strength at the beginning of the American trade. Bitcoin's price rose above $80,000 following a massive increase in buying pressure, increasing the possibility of a strong recovery.
BitMEX co-founder, Arthur Hayes, is doubling down on Bitcoin (CRYPTO: BTC), anticipating its market dominance to surge to 70% amid economic uncertainties. What Happened: In a post on X, Hayes revealed his ongoing Bitcoin accumulation, expressing his confidence in its growing dominance over other cryptocurrencies.
As the U.S. and China reignite tensions with tariffs and currency moves, global markets tremble but one asset seems to benefit from the chaos: Bitcoin. In the cartoon titled The Paradox of Tariffs, the United States and China are portrayed as theatrical fighters on a global economic stage.
The market volatility, fueled by the ongoing tariff war, saw Bitcoin (BTC) trade below the $75,000 mark for the first time since November. Despite recovering from the dip, the flagship crypto risks more short-term volatility if it doesn't reclaim key support levels soon.
Bitcoin (BTC) continues to experience pressure following the US blanket tariffs of 10% that went into effect on April 5. The flagship cryptocurrency declined by more than 7% in the past 24 hours before making a slight recovery, trading in the low $80,000s at the time of writing.
CryptoSlate's latest report dives deep into Bitcoin regulation to compile and summarize Bitcoin legislation in the US on a state-by-state basis.
China has taken a surprising step by allowing its currency, the yuan, to plunge to its weakest level since 2023. This move, seen as a response to increasing U.S. trade tariff pressure, is making waves in financial markets. However, this drop in the yuan's value could lead to something bigger—more interest in Bitcoin.
The crypto arm of the Chicago Board of Options Exchange said that the launch comes at a pivotal moment as demand for crypto exposure grows.
Bitcoin ETFs kicked off the week in the red, with zero net inflows recorded across all funds yesterday. This marks a cautious start, as investor sentiment appears to be worsening
Bitcoin is catching everyone off guard. Amid a stock market collapse triggered by Trump's new tariffs, the cryptocurrency is showing unexpected resilience.
A trader who nailed the Bitcoin market top earlier this year believes BTC will witness a period of falling prices in the coming months. Pseudonymous analyst Bluntz tells his 318,000 followers on the social media platform X that he thinks Bitcoin is already in a bear market that will last about two years.
Story Highlights The Bitcoin price today is . The BTC price could hit a maximum price of $170,000 in 2025. Increased adoption could push the BTC price beyond $600k by 2030. Bitcoin is stuck in a narrow price loop that now feels never-ending.
Cboe Global Markets, the largest global network for the exchange of derivatives and securities, has announced the launch of a new product: the Cboe FTSE Bitcoin Index Futures, scheduled to debut on the Cboe Futures Exchange (CFE) on April 28, 2025, pending regulatory approval. The new contracts result from collaborative work with FTSE Russell, a well-known entity for structuring market indices, and will be based on the FTSE Bitcoin Reduced Value Index (ticker: XBTF), equivalent to one-tenth of the main FTSE Bitcoin index value. For some time now, Cboe has been consolidating its position in the derivatives market on digital assets, and the introduction of XBTF futures represents a significant evolution. These cash-settled contracts are designed as the ideal complement to the options already active on the Cboe Bitcoin U.S. ETF index, completing an ecosystem that offers investors greater versatility, capital efficiency, and above all, new ways to navigate Bitcoin volatility. The XBTF contracts will be cash-settled, expiring on the last business day of each month, in the afternoon (time slot ‘P.M.'). A key point is that they will be managed by OCC, the same entity that already handles clearing for options on CBTX and MBTX, further strengthening the guarantee structure around these products.