Market signals from Coinbase suggest potential Bitcoin recovery but Korean investors remain cautious and slow to re-enter the market.
Bitcoin price is slowly moving higher above the $83,500 zone. BTC must clear the $85,200 resistance zone to continue higher in the near term.
Bitcoin is once again at a pivotal moment as it trades below key moving averages, signaling mounting selling pressure and a market weighed down by growing uncertainty. The ongoing tensions between the United States and China continue to escalate, with a full-scale trade war now likely to persist through the coming months.
On-chain data shows the Bitcoin Realized Cap has surged to a new all-time high (ATH) recently, but monthly inflows have slowed down considerably. Bitcoin Realized Cap Is Growing At A Notably Slower Rate Now According to data from the on-chain analytics firm Glassnode, the Realized Cap of Bitcoin has just set a new record.
Bitcoin's price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty.
Babylon Labs has seen its total value locked (TVL) drop by 32%, following the unstaking of $1.26 billion in Bitcoin from its platform.
As gold continues to set new all-time highs (ATH) – trading at $3,333 per ounce at the time of writing – Bitcoin (BTC) has seen more subdued price action, consolidating in the mid-$80,000 range. However, analysts suggest that the top digital asset may soon mirror gold's recent momentum.
Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.
Bitcoin's (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors' lack of enthusiasm at BTC's current price levels. In a recent X post, the analytics platform pointed out that despite the realized cap milestone, the monthly growth rate of the metric has dropped to 0.9% month over month, which implied a risk-off sentiment in the market.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
Bitcoin's price action in recent weeks has been mostly highlighted by a trading range between $80,000 and $85,000, with a struggle to reclaim buying pressure. Despite the current lack of a strong bullish momentum, many crypto analysts are banking on a bullish continuation and a new Bitcoin price all-time high before the end of 2025.
Bitcoin is now at a pivotal moment as its price continues to range within a narrow band, hovering above $83,000 and below $86,000 since last Saturday. The tight consolidation reflects market hesitation, as traders and investors brace for a significant move in either direction.
Local authorities in China have seized 15k BTC as they sell Cryptocurrencies to support public finances
Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin.
Assessing BTC's ability to hold above $80K amid muted market interest and users.
According to CoinGecko's 2025 Q1 Report, the cryptocurrency market, led by Bitcoin, lost nearly one-fifth of its value in the first quarter of 2025, fully negating the gains made towards the end of 2024. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin?
JP Morgan analysts said in a report Thursday that investors are choosing gold over Bitcoin in a bid to find a safe haven amid volatility.
Julio Moreno, the Head of Research at CryptoQuant, stated in his recent X post that, as of 2025 to date, Bitcoin exchange-traded funds (ETFs) have shown a strong trend.
Gary Gensler claims cryptocurrencies run on pure sentiment while making an exception for Bitcoin's staying power.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Google search volume for “Bitcoin” for the month of March 2025 stood at 34, its highest level so far in 2025.
The latest US initial jobless claims data came at 215,000, below the estimated expectation of 225,000, on April 17. The dip in jobless claims indicated that the US labor market remained stable, with fewer people being affected by the uncertainty of US tariffs.
Cryptocurrencies are trading slightly up on Thursday as traditional financial markets closed out a low-volatility week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,070 +0.9% Ethereum (CRYPTO: ETH) $1,585 +0.6% Solana (CRYPTO: SOL) $134.8 +2.2% XRP (CRYPTO: XRP) $2.07 -1.0% Dogecoin (CRYPTO: DOGE) $0.1565 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001177 +0.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21% and daily active addresses falling by 1.6%.
Jurrien Timmer, director of global macro at Fidelity, has compared Bitcoin to Dr Jekyll and Mr Hyde, the central characters of the famous gothic horror novella written by Scottish novelist Robert Louis Stevenson.
Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors.
The world's largest crypto exchange, Binance, is reportedly engaging several countries in a plan to create a strategic Bitcoin reserve. According to The Financial Times, the exchange CEO, Richard Teng, disclosed this in a recent interview.
Key points: Monetary stimulus in China and Europe increases investors' focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens.
Leading U.S. crypto exchange Coinbase has just been hit with a massive Bitcoin inflow totaling over $130 million, sparking fresh speculation around possible whale activity and market shifts. The movement was flagged by blockchain monitoring platform Whale Alert, which tracked two consecutive BTC transfers on April 17.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on Solana (SOL) while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).
As ETFs scoop up Bitcoin and replace weak hands, could the $80K zone be the launchpad for BTC's next breakout?
Bitcoin futures market shows caution from institutional investors, while retail traders adopt a different approach.
A Bitcoin bounty worth nearly $85,000 has been offered to test if quantum computers can break the blockchain's core encryption.
Project 11, a quantum computing research company, announced a competition titled the Q-Day Prize on April 16, 2025.
Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators.
On today's episode of CNBC Crypto World, bitcoin wrestles with $85,000 on Wall Street's last trading day of the week. Also, Trump family-backed World Liberty Financial receives a $25 million investment from United Arab Emirates-based market maker DWF Labs.
Is this the calm before the storm?
After persistent bearish pressure on Wednesday, Bitcoin's price witnessed a brief upward move to the $85,000 threshold as buying interest slowly increased. Despite waning price movements, key metrics like the Bitcoin Coinbase Premium Index have started to improve as it moves closer to positive territory.
The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison.
Panama City has adopted crypto-based tax payments following a city council vote this week, signaling growing momentum for integrating digital assets into public services. Panama joins a growing list of jurisdictions globally that have voted to accept such payments.
Former Securities and Exchange Commission (SEC) head Gary Gensler said that bitcoin can continue to exist and thrive for a long time. However, he emphasized — most altcoins have no such prospect due to the lack of a solid foundation.
Japan's fashion brand ANAP has announced the purchase of millions worth of Bitcoin as part of its investment strategy. The company follows in the footsteps of companies like MicroStrategy and fellow Japanese company MetaPlanet.
Richard Teng, CEO of Binance, revealed that the crypto exchange platform is helping several governments establish strategic bitcoin reserves and develop regulatory frameworks. This trend is accelerating as many countries follow the American example in digital asset policy.
The cryptocurrency whipsawed right after Federal Reserve Chairman Jerome Powell delivered a damning indictment of President Donald Trump's tariffs in a Wednesday speech.
Bitcoin's (CRYPTO: BTC) may be setting up for a breakout moment, with Felix Jauvin dubbing it the “cleanest trade after the trade." What Happened: In an article on April 17 on X, ‘Forward Guidance' podcast host Jauvin said that he sees investors reducing risk and offloading positions.
Bitcoin price forecast remains clouded by political tension, with BTC holding above $85,000 as traders weigh Fed independence and rate direction Bitcoin price hovers above $85K as Trump escalates pressure on Fed Chief Powell Bitcoin price tethered near the $85,000 zone on Thursday despite bearish sentiment across global financial markets linked to the US-China trade
Bitcoin's realized cap hits $872 billion, but slow growth and cautious investor behavior suggest the market may be entering consolidation.
Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.During an April 17 appearance on Raoul Pal's Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once the price of BTC surged, Silbert started looking for early-stage crypto companies to invest in.
Coinbase International's Bermuda‑licensed derivatives exchange processed nearly $100 billion in Bitcoin perpetual futures volume last week.