Gold is on a record-breaking spree but this time it's screaming stagflation fears, tariff chaos, and a weaker dollar.
At press time on April 21, Bitcoin (BTC) was changing hands at a price of $87,340. A 3.46% surge in Bitcoin price in the last 24 hours has seen the flagship digital asset add over $3,000 in value overnight.
The market sentiments, specifically with the memecoins, have been witnessing quick shifts, following the BTC price rally. Moreover, they attract more bullish and bearish activity compared to Bitcoin, keeping the next price action shady. Currently, the popular memecoins like Pepe, Fartcoin, FLOKI, etc., and a few more have been demonstrating significant strength.
Bitcoin price today has officially broken past the $87,000 mark, marking a bold new chapter in this ongoing bull cycle. Bitcoin's $87K mark is reviving its “digital gold” narrative as economic uncertainty grips global markets. With gold hitting new highs above $3,380 and the U.S.
Solana, XRP, and Cardano see notable increases as Bitcoin regains its digital gold narrative amid global inflation concerns and a weak US dollar.
Bitcoin's latest sharp rebound past $87,000 isn't just another long-weekend rally, analysts say, as early signs point to renewed safe-haven interest.
Bitcoin miners are selling, whales are realizing losses, and BTC is still in one of its least bullish phases since November 2022.
April 21, 2025 10:09:58 UTC Bitcoin Price Eyes $90k as Wallets Surge and Bullish Sentiment Grows Bitcoin price surged to $87,248.71 amid $45.5M ETF inflows and 14,000 BTC in whale-driven exchange outflows. Bullish technicals, including an ascending triangle pattern and neutral RSI, suggest more upside. Non-empty Bitcoin wallets have climbed to 54.
China ups the trade war ante by warning other countries over making any trade deals with the US that might be detrimental to Beijing. Ahead of US stock markets opening on Monday, gold is up again, just shy of $3,400.
Bitcoin is regaining strength by surpassing $87,000, marking its strongest increase since the end of March. This rise comes in an uncertain economic context, where gold and BTC are aligning as safe-haven assets against a weakened dollar.
Bitcoin (BTC) ending its 8-day consolidation as it shot up just 2.76% in early Asian session on Monday. This sudden uptrend caused liquidation of nearly $100M in shorts in the crypto market.
Bitcoin is currently navigating through troubled waters. Below the symbolic threshold of $90,000, the landscape turns red for recent holders, while crypto veterans stay the course.
The US Dollar Index (DXY) has dropped to a three-year low amid reports that President Donald Trump is considering removing Federal Reserve Chairman Jerome Powell.
North Korea's Lazarus Group stole $1.4 billion from Bybit; 68.6% remains traceable while hackers laundered funds through mixers and swaps.
Data shared by the analytics X account @lookonchain and also mirrored by Whale Alert blockchain tracker shows that approximately half an hour ago, Tether issued a massive stablecoin chunk containing 1,000,000,000 USDT.
Gold surges to more than $3,390 on April 21 as more investors flock to safe-haven assets amidst economic uncertainty. A boost in gold could signal a similar pattern in crypto, specifically Bitcoin.
Michael Saylor and his company Strategy continue their offensive on bitcoin. While the company reports more than $9 billion in unrealized gains, its founder hints at a new massive purchase.
Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves.
A closely followed crypto analyst says that Bitcoin (BTC) has successfully broken a downtrend with strong price action. The pseudonymous analyst known as Rekt Capital tells his 543,000 followers on the social media platform X that BTC has successfully broken a diagonal resistance and flipped it into support after staying above $85,000.
Japanese firm Metaplanet purchased 330 Bitcoin worth $28 million, bringing holdings to 4,855 BTC as price climbs above $87,300.
Bitcoin surged above $87,000 during early Asia trading on Monday, extending gains as broader markets reopened after trading flat throughout the Easter holiday closure. The digital asset's move followed three sessions of tight consolidation, coinciding with broad dollar weakness and a record-setting rally in gold.
Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million after its latest purchase.Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing the investment firm's total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet. The firm's Bitcoin yield surpassed 119% year-to-date after its latest investment.
Bitcoin's price recently hit a monthly high, surpassing $87,000 and marking a notable rise for the crypto king. This rally is attributed to favorable macroeconomic conditions and the increased conviction of key investors.
Bitcoin jumps 16% to $87,400 as institutions buy in. With macro pressure rising and supply tightening, bulls now eye a breakout toward $90K. The post Bitcoin Breakout Alert—Are Bulls Targeting $90K? appeared first on Cryptonews.
STX is the top gainer today, having surged by 15%.
Bybit is seeing its stolen funds fade away since only $200 million in Ethereum is left to be swapped to Bitcoin.
Nearly three years after Vitalik Buterin mocked his Stock-to-Flow model, anonymous analyst PlanB hit back, calling Ethereum a “centralized premined shitcoin.
The cryptocurrency market staged a solid recovery over the last 24 hours, with the total market capitalization rising 2.86% to $2.76 trillion. Trading volumes also surged, climbing 47.89% to $66.63 billion, indicating renewed investor activity after a subdued stretch. Bitcoin, Ethereum, and XRP extended their recovery on Monday.
Bitcoin hits $87.5K, up 3.2%, as dollar falls to three-year low following Trump's threats to fire Fed Chair Powell.
Barry Silbert, CEO of Digital Currency Group, has stated that Bittensor (TAO) has the potential to outperform Bitcoin (BTC) as a global store of value.
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.
Bitcoin jumped over 3% Monday to surpass $87,600 as Trump's renewed push to remove Fed Chair Powell shook confidence in the dollar and reignited market fears. The post Bitcoin Pushes Above $87K as Trump's Anti-Powell Messaging Shakes Confidence in Dollar appeared first on Cryptonews.
Several top crypto news stories are in the lineup this week in crypto, spanning various ecosystems with the potential to drive volatility.
Bitcoin exchange-traded funds (ETFs) recorded a modest net inflow of $15 million last week, marking a significant turnaround from the previous week's sharp outflows exceeding $713 million.
Surging gold prices and bitcoin's (BTC) relatively strong price action amid a global market sell-off have some traders revisiting the latter's role as “digital gold” — a big narrative in bitcoin's early years but one that has lost steam in recent times.
As Bitcoin price recorded a notable surge today, crossing the brief $87K mark, renowned author Robert Kiyosaki has set a robust target for 2025. In a recent X post, the Rich Dad Poor Dad author shared an optimistic outlook, suggesting a breakout ahead for the flagship crypto.
As the US dollar continues to depreciate, store-of-value assets such as Bitcoin and gold become more attractive to investors.
Spot Bitcoin ETFs in the United States saw modest weekly inflows as Bitcoin rallied past $85k, driven by expectations of a softer Fed stance on rate cuts amid President Trump's push to replace the Federal Reserve chair.
A crypto strategist who continues to grow a following with timely Bitcoin calls believes that BTC's bull market is far from over despite the prevailing bearish sentiment.
Canadian Bitcoin mining company HIVE Digital has completed its flagship facility in Paraguay, aiming to reach 25 EH/s by fall 2025.
Bitcoin has yet again risen after utilizing its accumulated strength, as the buying activity increased substantially. The BTC price has displayed a similar consolidation before, which trapped the bears at the local bottoms. Interestingly, the bears are trapped as the price broke out heavily, and these levels still remain untouched.
The U.S. dollar has hit its lowest point in three years, and markets are feeling the heat. As financial pressure rises from President Donald Trump's new global tariffs, he made a bold claim: “He who has the gold makes the rules.” This powerful message didn't go unnoticed.
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen.
The Bitcoin price continues to trend low and has failed to reclaim $90,000. The bears have dominated during the last few months, dragging Bitcoin down from above $100,000 to below $80,000, before the bounce to $83,000.
The start of the second quarter has given some hope to the crypto assets with Bitcoin trading at the range of $84K to $85K, the market looks quite stable despite the looming dangers of Trump's Tariff decisions, inflation, global economic slowdown, and interest rate concerns.
Publicly-listed Metaplanet announced fresh bitcoin (BTC) purchases on Monday as BTC went above $87,300, reversing last week's loses.