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 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.
Bitcoin's mainstream adoption is accelerating, and Michael Saylor's Strategy is partly to thank for this.
Japanese investment firm Metaplanet has purchased 330 more Bitcoin, bringing its total holdings to 4,855 BTC. According to the company's Apr. 21 disclosure, the latest acquisition was made at an average price of ¥12.
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week. That rally led to more gains in the altcoin market.
Major bitcoin buyer Strategy also added 4,855 BTC to its reserve earlier this month despite ongoing market uncertainty.
The number of addresses holding more than a thousand Bitcoin has surged in April as whales continue to accumulate. More than 60 new wallets holding over 1,000 Bitcoin (BTC) have appeared since early March, a signal of increasing whale activity.
Metaplanet has added 330 more Bitcoin to its treasury for $28.2m, paying an average of $85,561 per coin. The post Metaplanet Snaps Up 330 More Bitcoin for $28.2M appeared first on Cryptonews.
The surge in gold and Bitcoin highlights growing investor concerns over economic uncertainty and potential shifts in monetary policy dynamics. The post Gold, Bitcoin surge after Trump says ‘he who has the gold makes the rules' appeared first on Crypto Briefing.
Bitcoin's rally is fueled by resurging institutional interest, highlighted by Strategy's recent buying, one analyst said.
This Sunday, the market's leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month. In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price action, outlining what investors can expect moving forward.
Metaplanet has increased the size of its Bitcoin (BTC) holdings by 330 in a bulk purchase valued at $28.2 million. The latest acquisition brings the Japanese company's holdings closer to the 5,000 BTC mark amid impressive YTD yields.
Bitcoin's stuck, short-term holders are bleeding, and losses are piling up—could this pain set the stage for a reversal?
Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index crashed to a three-year low on reports that President Donald Trump is exploring ways to remove the Federal Reserve Chairman Jerome Powell.
Bitcoin price is slowly moving higher above the $86,500 zone. BTC is gaining pace and might continue higher in the near term.
Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest level since late March. Bitcoin (BTC) surged above $87,400 on April 21, its highest price since March 28, according to TradingView.
Bitcoin has surged over 33% since its April 2024 halving, where the block reward dropped from 6.25 BTC to 3.125 BTC.
China is loading up on its gold holdings, racking up five tonnes in a frenetic accumulation spree over the last month. The push for gold is triggering unintended consequences for Bitcoin price, with BTC comfortably holding the $85K mark.
As it is firmly compressed between two important exponential moving averages, Bitcoin is currently experiencing a crucial technical moment that resembles a traditional price squeeze. Although bulls may just be in the lead, this tension in the charts is preparing for a possible volatility-driven breakout in either direction.
Bitcoin has produced a range-bound movement recently, with prices oscillating between $83,000 and 86,000. Interestingly, popular crypto analyst Burak Kesmeci has identified the important price levels for any short-term action.
Bitcoin's halving cycles are losing steam as macro forces now play a bigger role in pricing. BTC' has increasingly started to tracks inflation expectations, signaling its shift into a macro-sensitive asset.
According to Alex Thorn, Head of Firmwide Research at Galaxy Digital, the US government could begin purchasing Bitcoin in 2025 without breaching its current budget-neutral fiscal policy. Under the current budget-neutral conditions, any plans to acquire Bitcoin must not impose incremental costs on American taxpayers.
Bitcoin has spent the past seven days trying to hold near $85,000, with a trading range between $83,200 and $86,000. Buying momentum has turned positive in the past 24 hours, but an interesting technical analysis of the current price action points to a looming downside risk.
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase by Strategy and said that more than 13,000 institutions now have direct exposure to the company.The company's most recent acquisition of 3,459 BTC, valued at over $285 million at the time of purchase, on April 14, brought Strategy's total holdings to 531,644 BTC, valued at over $44.9 billion. Saylor followed up on the BTC chart, which he typically posts on Sundays to signal an imminent BTC acquisition, with a breakdown of investor exposure to the company.
Following an extensive price correction in the past three months, the Bitcoin bull market continues to hang in the balance. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally amidst a lack of positive market factors.
ETF inflows show strength as capital dries up and fear grips the market.
Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the next directional move in Bitcoin.Network economist Timothy Peterson said that the US High Yield Index Effective Yield has gained over 8%.
Bitcoin price consolidates above the $84,600 on Sunday, April 20. Having closed eight consecutive sessions above the $80,000 mark, on-chain data trends suggest BTC market outlook for the week ahead remains bullish despite regulatory pressures on Coinbase.
The Bitcoin market has shown high volatility in April, having produced similar levels of gains and losses over the past three weeks. Amidst the choppy price action, Bitcoin whales appear to be increasing their holdings, perhaps in anticipation of future price gains.
A relatively unknown gaming token, VOXEL, went up by more than 50% in the past 24 hours after a malfunction on BitGet caused the VOXE/USDT perpetual contract to surpass that of Bitcoin. The incident has raised concerns about market manipulation on centralized exchanges.
Robert Kiyosaki, the author of financial education book "Rich Dad Poor Dad," is confident that the price of Bitcoin will skyrocket to at least $180,000 this year, according to the pundit's latest social media post.
Bitcoin decoupled from stocks in mid-April. Meanwhile, the total crypto market cap respected an 18-month support line.
Bitcoin is on track to close another week below the $90,000 mark, reinforcing the bearish sentiment that has hovered over the market in recent weeks. After facing a prolonged period of volatility and macro-driven uncertainty, Bitcoin continues to trade in a tight range, struggling to reclaim higher ground.
Whales are quietly feasting, institutions dipping toes back in, and old holders staying stubborn.