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news-imageApril 7, 2025

Bitcoin Could Test $70K Amid Fears Of 'Black Monday' Panic, Says Analyst Van de Poppe, As Global Markets Slide On Trump Tariff Shock

Renowned cryptocurrency analyst Michaël van de Poppe warned Monday that Bitcoin (CRYPTO: BTC) could test the $70,000 level amid what he described as “Black Monday” panic selling, as global markets experience their worst selloff since March 2020. What Happened: “Black Monday, Bitcoin back to the lows,” van de Poppe wrote on X.
Publisher: Benzinga
Sentiment: Neutral
BTC

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Neutral
cover-imageCointelegraph
April 11, 2025

Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion

Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale's Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms.

Positive
cover-imageCoinPedia
April 11, 2025

Investors Gain Confidence as Bitcoin Accumulation Soars- What is the Bitcoin Prediction for This Week and This Month?

The stock markets across the globe and the crypto markets faced massive bearish actions soon after President Trump rolled out tariffs on various nations. Meanwhile, he further halted the tariff for 90 days, reviving the bullish possibilities. The Bitcoin (BTC) price fought with the bearish pressure finely and revoked a strong ascending trend beyond $80,000.

Neutral
cover-imageCointelegraph
April 11, 2025

Bitcoin may hit a wall at $84K if bullish conditions don't pick up: CryptoQuant

Bitcoin could hover in the low $80,000s in the near term if it fails to break through its next resistance level, CryptoQuant says, while other analysts predict the cryptocurrency will hit a fresh all-time high within the next two months.CryptoQuant analysts said in an April 10 markets report that if Bitcoin (BTC) “continues to rally,” it could hit resistance around the $84,000 price level, but if it breaks through, it could soar before its next resistance level of $96,000. Bitcoin's previous support levels are now resistance “These price levels have acted as price support during this bull cycle but can now act as price resistance if bullish conditions don't continue to improve,” CryptoQuant said in its report.

Positive
cover-imageCointelegraph
April 11, 2025

Bitcoin reserve bills advance in New Hampshire, Florida

New Hampshire's House and Florida's House Insurance and Banking Committee have respectively advanced bills allowing their states to create Bitcoin reserves.New Hampshire's House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber, joining Arizona, Texas and Oklahoma.

Negative
cover-imageBenzinga
April 11, 2025

Bitcoin, Ethereum, Dogecoin Tumble As Trump Ups China Tariffs, Scraps IRS Rule In Nod To Crypto Voters: Rising Yuan Could Boost Altcoins, Says Analyst

The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m.

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