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news-imageApril 23, 2025

Bitcoin Rises 7%, Solana Jumps 14.5% as $347 Million in Crypto Shorts Are Liquidated Following Market Recovery

Bitcoin and Solana have continued to climb as the broader cryptocurrency market rebounds following volatility earlier in April.
Publisher: CoinMarketCap
Sentiment: Positive
BTC
SOL

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Positive
cover-imageNewsBTC
April 23, 2025

Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says

In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to sustain its bullish momentum. Analyst Highlights Key Bitcoin Cost Basis Zones Bitcoin is beginning to show signs of newfound strength, with the top digital asset surging nearly 3.5% over the past week and trading in the high $80,000 range at the time of writing.

Positive
cover-imageCoinPedia
April 23, 2025

Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K

The crypto market today is seeing gains as Bitcoin price surge above $93,000, triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite.

Positive
cover-imageCointelegraph
April 23, 2025

Bitcoin price hits 7-week high as Trump softens tone on trade war

Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside.Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen over the past seven days, according to CoinMarketCap. Bitcoin traders eye “craziest one-minute candle” Bitcoin quickly jumped from just below $91,500 to $93,000 in minutes, leaving traders guessing where the rally could go next.

Negative
cover-imageBenzinga
April 23, 2025

Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1

Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: BTC) stash remained unchanged. What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last quarter, according to the company's earnings report released after the market close.

Neutral
cover-imageNewsBTC
April 23, 2025

Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says

After months of bullish momentum that pushed the Bitcoin price to an all-time high of over $109,000 earlier this year, analysts are now debating whether that surge marked the official market top. Strengthening this argument, a confluence of technical indicators suggests the market cycle may have already peaked—most notably, the behavior of the Market Value to Real Value (MVRV) Z-Score reinforces this view.

Negative
cover-imageTokenpost
April 23, 2025

Tesla Holds Over $950M in Bitcoin Despite Q1 Revenue Miss

Tesla (TSLA) continues to maintain a significant position in Bitcoin, with digital asset holdings valued at $951 million as of March 31, according to its latest earnings report. The figure reflects a decline from the $1.076 billion reported at the end of 2023, primarily due to a dip in Bitcoins market price during the first quarter.

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