Tag: Bitcoin

Bitcoin near $95K despite tariff woes, analyst concern
- Bitcoin traded above $95,400 Tuesday, showing resilience despite economic concerns.
- US stocks (S&P 500, Nasdaq +0.55%) also continued their recovery from early April tariff fears.
- Consumer confidence hit lowest since May 2020; JOLTS job openings missed estimates.
Cryptocurrency markets displayed notable stability on Tuesday, seemingly unfazed by mounting pessimism regarding the economic impact of the Trump administration’s tariff policies.

Bitcoin edged higher, reclaiming ground above $95,000, while traditional stock markets also continued a recovery trend, prompting some analysts to question whether markets are accurately pricing in underlying economic risks.

Markets march higher despite warning signs

Bitcoin (BTC) continued its recent positive momentum, gaining about 1% over the preceding 24 hours to trade near $95,400.

This move brought the key $96,000 level – last seen in late February – within striking distance.

The broader crypto market showed similar resilience, with the CoinDesk 20 index advancing 1.1%.

Bitcoin Cash (BCH) stood out with a significant 6.3% surge.

Crypto-related equities also participated, albeit modestly, with Coinbase (COIN) up 0.9% and MicroStrategy (MSTR) adding 3.3%, while Janover (JNVR) continued its strong run (+16%) linked to its Solana accumulation strategy.

This relative calm in digital assets mirrored strength in traditional equities.

Both the S&P 500 and the Nasdaq composite posted gains of 0.55%, extending the recovery from the tariff-induced panic seen earlier in April.

Economic data paints sobering picture

However, this market buoyancy unfolded against a backdrop of increasingly concerning economic indicators, suggesting a potential slowdown possibly linked to the White House’s tariff strategies.

The Conference Board reported that US consumer confidence plummeted to its lowest level since May 2020, with the forward-looking consumer outlook component hitting its weakest point since 2011.

Simultaneously, the latest Job Openings and Labor Turnover Survey (JOLTS) indicated a cooling labor market, with job openings falling to 7.19 million in March, significantly below the expected 7.5 million.

Adding to the complex policy environment, Secretary of Commerce Howard Lutnick mentioned Tuesday that a trade deal had been reached with an unspecified country, though he noted it still required ratification, offering little immediate clarity on the broader tariff situation.

Analyst warns of market ‘blindness’ to fundamental risks

This apparent disconnect between market performance and weakening economic data has raised red flags among some observers.

Jeff Park, head of Alpha Strategies at digital asset investment firm Bitwise, expressed strong concern about the market’s perspective.

“Hard to fathom how blind the market really is,” Park posted on the social media platform X (formerly Twitter).

He argued that the market’s intense focus on potential Federal Reserve interest rate cuts misses a larger, more fundamental risk.

“A Fed cut means nothing if US creditworthiness is permanently impaired by the global community as resulted by dollar weaponization,” Park elaborated, linking the potential damage to Trump administration policies that leverage the dollar’s global role.

He suggested that speculation about whether the Fed might be forced to cut rates to offset tariff impacts is misplaced.

“That’s the mispricing we are talking about here,” he continued.

The myopic focus on whether [we] are getting a fed cut in May/June is completely irrelevant if the notion of the risk-free as we know it is fundamentally challenged forever, which means cost of capital globally is going higher.

Park’s comments highlight a deeper concern: that markets might be rallying on short-term hopes (like potential rate cuts) while ignoring potentially severe, longer-term structural damage to the US financial standing and the global cost of capital caused by ongoing policy uncertainty and aggressive trade tactics.

While Bitcoin holds firm near recent highs, the debate continues over whether current market strength reflects genuine resilience or a dangerous disregard for underlying economic headwinds.

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April 30, 2025
Bitcoin rally gains steam above $95K amid Fed pressure, tariff worries
- Bitcoin climbed above $95,490 Monday ahead of Trump’s 100-day speech, eyeing policy clarity.
- Potential confirmation of a US Bitcoin strategic reserve could be a major catalyst towards $100K.
- Bitcoin shows resilience (YTD +5.6%) vs. US stocks (YTD -5%) amid tariff uncertainty, boosting safe-haven appeal.
Bitcoin demonstrated renewed strength on Monday, climbing back above the significant $95,000 mark as the broader financial markets turned their focus towards President Donald Trump’s upcoming 100-day policy review speech.

Amidst a complex macroeconomic backdrop shaped by Trump’s second term policies, on-chain data showing significant Bitcoin withdrawals from exchanges added fuel to bullish sentiment, prompting speculation about a potential push towards the $100,000 milestone.

Anticipation builds ahead of Trump’s 100-day review

After a period of consolidation, Bitcoin prices pushed higher, reaching levels above $95,490 according to CoinGecko data, marking an 0.8% gain over 24 hours and reflecting a robust 8.9% increase week-over-week.

This price action mirrored gains seen in US equity markets, particularly among top technology stocks, as investors awaited clarity from Trump’s address.

Crypto-related policies have been a notable feature of Trump’s second term thus far, and market participants are particularly keen for updates on proposals like the potential creation of a US Bitcoin strategic reserve.

A definitive announcement confirming the strategic reserve initiative could serve as a powerful catalyst, potentially triggering a rapid (“parabolic”) move towards and beyond $100,000.

Conversely, renewed emphasis on aggressive tariff strategies or drastic budget cuts in the speech could dampen overall market sentiment, potentially capping Bitcoin’s near-term upside despite its recent resilience.

Macro crosscurrents: tariffs, inflation, and Fed pressure

The first 100 days of Trump’s term have been marked by distinct policy trends influencing market dynamics.

While US inflation has continued its downward trend (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures widely warned by economists as potentially inflationary – creates tension.

The President has claimed victory over inflation while simultaneously pushing for policies that could reignite price pressures.

This backdrop informs Trump’s recently intensified calls for the Federal Reserve to cut interest rates, including public pressure and threats aimed at replacing Fed Chair Jerome Powell.

While these pronouncements have sparked market speculation, data from the CME FedWatch tool still indicates a dominant (90.1%) probability that the Fed will maintain current rates at its upcoming May 7 FOMC meeting.

However, the administration’s focus on tariffs (“impose across-the-board tariffs on most foreign-made goods”) continues to inject uncertainty into US stock markets.

This uncertainty appears to be bolstering Bitcoin’s narrative as a potential safe-haven asset, relatively insulated from direct geopolitical trade spats and supply chain disruptions.

Notably, Bitcoin has posted year-to-date gains of 5.6%, contrasting with declines seen in the S&P 500 and Dow Jones indices (down 5% YTD) during the same period.

Should Trump’s policies continue to foster volatility in traditional financial (TradFi) markets, Bitcoin’s perceived resilience could attract further capital inflows.

On-chain flows signal accumulation?

Adding weight to the bullish case is compelling on-chain data indicating significant Bitcoin movement off cryptocurrency exchanges.

Analysis from CryptoQuant reveals that investors have withdrawn over $4 billion worth of Bitcoin from tracked exchange wallets since Trump’s recent calls for rate cuts began around April 22.

Total exchange reserve balances reportedly fell from $237.8 billion to $233.8 billion during this period.

This trend of coins leaving exchanges is often interpreted bullishly, as it suggests investors are moving Bitcoin into private storage (“cold wallets”) for longer-term holding rather than keeping it readily available for sale on trading platforms.

This reduction in easily accessible supply, coupled with potentially steady or increasing demand triggers (like the safe-haven narrative or strategic reserve news), strengthens the argument for a potential price breakout.

Bitcoin tests $95K resistance, eyes $100K breakout

With demand factors seemingly active and exchange supply tightening, the technical picture comes into sharp focus. Bitcoin is currently testing the significant resistance zone around 95,000−95,500.

Successfully overcoming and holding above this level is seen as crucial for confirming the next leg higher.

The $100,000 psychological milestone remains the key upside target in the near term, with the confluence of macro uncertainty, potential policy catalysts from Trump’s speech, and supportive on-chain data suggesting the stage could be set for such a move.

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April 29, 2025
Crypto news today: Bitcoin bulls eye $100K breakout; SUI, AVAX charts show potential
- Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying.
- US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest.
- Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom).
Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed the price back towards the significant overhead resistance level near $95,000.

While consolidating below this key hurdle, the fact that buyers haven’t ceded significant ground suggests underlying bullish conviction, further supported by robust institutional inflows and optimistic analyst projections.

ETF inflows signal renewed institutional appetite

The sharp upward move in Bitcoin’s price has been significantly bolstered by resurgent buying activity in the US spot Bitcoin exchange-traded funds (ETFs).

Data from Farside Investors revealed impressive weekly inflows totaling $3.06 billion into these funds.

Commenting on this influx, Bloomberg ETF analyst Eric Balchunas highlighted on X (formerly Twitter) how notable it was to witness “HOW FAST the flows can go from 1st gear to 5th gear,” indicating a rapid acceleration in institutional demand.

This renewed buying coincides with bullish technical and quantitative signals. 21st Capital co-founder Sina noted on X that Bitcoin had reclaimed its “power-law price,” a model suggesting considerable long-term upside.

Sina’s Bitcoin Quantile Model projects potential targets between $130,000 and $163,000 before the end of 2025.

Other anonymous analysts, like apsk32, hold even more ambitious short-term targets, predicting a move above $200,000 in the fourth quarter of this year.

Bitcoin (BTC) price analysis: bulls target $100K

The price chart reveals a tense battle unfolding near the critical $95,000 resistance.

Technical indicators currently favor the bulls: the 20-day exponential moving average (EMA), sitting around $88,619, is sloping upwards, and the relative strength index (RSI) is positioned near overbought territory, signaling strong buying momentum.

A decisive close above the $95,000 mark could act as a powerful catalyst, potentially propelling the BTC/USDT pair towards $100,000 and subsequently to the $107,000 region.

However, sellers are expected to mount a strong defense in the zone between $107,000 and $109,588.

Conversely, the 20-day EMA serves as crucial near-term support.

A break below this level could invalidate the immediate bullish momentum and potentially pull the price back into the broader range between $73,777 and $95,000.

Looking at the 4-hour chart, bears are actively defending the $95,000 level but have struggled to push the price decisively below the shorter-term 20-EMA.

A rebound off this moving average would strengthen the case for an eventual breakout above $95,000, targeting $100,000.

However, failure to hold the 4-hour 20-EMA could lead to a deeper pullback towards the 50-simple moving average (SMA), a key level bulls must defend to prevent a slide towards $86,000.

Sui (SUI) price analysis: testing resistance, eyeing upside

Sui (SUI) has encountered resistance near the $3.90 level.

However, the pullback from this high has been relatively shallow, indicating that bulls are holding their positions rather than rushing to take profits.

If the price remains above the 38.2% Fibonacci retracement level at $3.14, buyers are likely to make another attempt to push the SUI/USDT pair above $3.90.

A successful breakout could see the price surge towards $4.25 and potentially $5.00.

On the downside, a break below $3.14 would signal the start of a more significant correction, potentially targeting the 50% retracement level at $2.94.

Buyers are expected to defend the zone between $2.94 and the 20-day EMA (currently around $2.69).

The 4-hour chart shows support near the 20-EMA, but sellers remain active at higher levels.

A break below the 4-hour 20-EMA could trigger a drop to $3.14, while a push above the
3.81−3.90 resistance is needed to confirm the next leg up towards $4.25.

Avalanche (AVAX) price analysis: range consolidation, breakout potential

Avalanche (AVAX) has been consolidating within a range defined by support at $15.27 and resistance near $23.50.

Trading within such ranges often involves buying near support and selling near resistance.

While buyers haven’t yet managed to decisively break above $23.50, the fact they haven’t given up much ground suggests accumulation might be occurring.

A breakout above $23.50 would complete a potential double-bottom pattern, a bullish formation with a calculated target objective near $31.73.

However, this optimistic scenario would be invalidated if the price turns down and breaks below the moving averages, suggesting the range-bound action might persist.

On the 4-hour chart, AVAX has been consolidating tightly between $21.60 and $23.10. This narrow range indicates bulls are holding firm, anticipating further upside.

A break above $23.10 could trigger a move towards $25, likely overcoming the resistance at $23.50.

Conversely, a drop below $21.60 would signal weakening bullish resolve, potentially pulling the price down towards $19.50.

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April 28, 2025
Bitcoin tests key levels near $95K as regulatory tailwinds emerge
- Bitcoin holds steady above $93,000, showing resilience after earlier correction.
- US Spot Bitcoin ETFs saw massive $1.2B+ weekly inflow (“Pac-Man mode”), signaling strong institutional demand.
- US Federal Reserve joined OCC/FDIC in withdrawing previous restrictive crypto guidance for banks.
Bitcoin continues to demonstrate significant resilience, maintaining levels above the crucial $93,000 mark after weathering a notable correction earlier this year.

This stability is underpinned by a confluence of factors, including surging institutional interest evidenced by record ETF inflows, increasingly bullish long-term price predictions, and a potentially easing regulatory landscape.

A primary driver of the recent strength has been the remarkable influx of capital into US-listed spot Bitcoin exchange-traded funds (ETFs).

These investment vehicles experienced substantial demand this week, attracting nearly $1.3 billion in net inflows, according to data from SoSoValue.

Tuesday alone saw inflows nearing the $1 billion mark, representing the strongest single day since mid-January.

This brings the total assets under management across these spot Bitcoin ETFs to an impressive $103 billion.

BlackRock’s iShares Bitcoin Trust (IBIT) continues to lead the pack, accumulating $2.7 billion year-to-date, including $346 million just last week.

Observing the broad participation across ten of the eleven available funds, Bloomberg senior ETF analyst Eric Balchunas described the activity vividly, stating the ETFs had entered “Pac-Man mode.”

This widespread buying across multiple providers, rather than concentration in just one or two, suggests a broadening base of institutional conviction.

The total value traded across all spot Bitcoin ETFs reached $496 million, reflecting significant market activity.

Lofty projections: ARK Invest eyes $2.4 million bitcoin

Fueling longer-term optimism, prominent investment firm ARK Invest recently made headlines by significantly raising its 2030 price targets for Bitcoin.

Citing institutional investment as a primary catalyst, ARK lifted its “bull case” scenario from $1.5 million to a striking $2.4 million per Bitcoin by the decade’s end.

The firm also increased its “base” case to $1.2 million and its “bear” case to $500,000.

ARK research analyst David Puell explained the rationale, estimating Bitcoin could achieve a 6.5% penetration rate within the massive $200 trillion global financial system in their most optimistic scenario.

Furthermore, the firm’s model incorporates Bitcoin’s growing acceptance as “digital gold,” projecting it could capture up to 60% of gold’s approximately $18 trillion market capitalization.

Technical picture: holding support, eyeing breakout

From a technical analysis perspective, maintaining current levels is seen as critical.

Analysts emphasize the importance of Bitcoin holding support above the $93,500 zone to avoid potential downward pressure.

Crypto analyst Rekt Capital suggested BTC needs to consolidate above this level, ideally securing a weekly close above it, to “resynchronize with the former Reaccumulation range.”

Bitcoin has demonstrated its ability to trade above this mark this week, potentially reflecting its appeal as a safe haven amid ongoing geopolitical and trade uncertainties.

Sustaining this support could pave the way for a retest of the $100,000 barrier and potentially new all-time highs, according to expert consensus.

Further technical indicators point towards underlying market strength.

The amount of Bitcoin supply held in profit has reportedly surpassed the 16.7 million BTC “threshold of optimism.”

Historical analysis suggests that when Bitcoin consistently holds above this zone (as seen in 2016, 2020, and 2024), significant price appreciation often follows within months.

Traders like CrediBULL Crypto are looking for “one more leg on the lower timeframes” to confirm the breakout, suggesting momentum could potentially carry prices towards the $150,000 region if sustained.

Regulatory winds shifting? Fed withdraws guidance

Adding a potential tailwind, US banking regulators, including the Federal Reserve, recently took steps to withdraw previous crypto-specific guidance issued to banks in 2022 and 2023.

These earlier notices had often required pre-approvals for banks engaging in crypto activities and highlighted perceived risks.

By joining the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC) in rescinding this guidance, the Fed stated the move aims to ensure its “expectations remain aligned with evolving risks and further support innovation in the banking system.”

While not creating new rules, this withdrawal effectively places decisions on crypto engagement more firmly in the hands of bank managers and compliance teams, pending potential future legislation from Congress.

Fed officials noted they “will instead monitor banks’ crypto-asset activities through the normal supervisory process,” potentially signaling a less prescriptive regulatory posture from these key agencies.

The combination of strong institutional inflows, ambitious long-term outlooks, supportive technicals, and a potentially less restrictive regulatory environment paints a compelling picture for Bitcoin as it holds key levels and eyes its next potential move higher.

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April 25, 2025
Bitcoin decouples? Crypto gains while gold pauses amid trade uncertainty
- Bitcoin rallied to $93,600 (+12.2% weekly) despite mixed US-China trade signals.
- US Spot Bitcoin ETFs saw nearly $1.3 billion net inflows this week, signaling strong institutional demand.
- Analysts suggest Bitcoin is decoupling from risk assets, acting more like “digital gold.”
The cryptocurrency market showed renewed vigor recently, with Bitcoin pushing towards $94,000, although the rally encountered some friction Wednesday following cautious remarks from US Treasury Secretary Scott Bessent regarding the timeline for a comprehensive US-China trade deal.

Despite this, strong institutional inflows and a potential divergence from traditional risk assets are fueling speculation about Bitcoin’s next major move.

Bitcoin (BTC) climbed 2.6% over the preceding 24 hours and logged a 12.2% gain over the past seven days, reaching levels near $93,600 – territory not seen since early March.

While Bitcoin led the charge, broader crypto market strength was evident.

The CoinDesk 20 index, tracking top digital assets (excluding stablecoins, memecoins, and exchange tokens), rose 4.2% over 24 hours.

Altcoins like Sui (SUI) posted impressive 24% gains, with Cardano (ADA) and Chainlink (LINK) also advancing around 7%.

Crypto-related equities, after a strong start, saw gains moderate throughout the day.

Mining firms Bitdeer (BTDR) and Core Scientific (CORZ) pared back double-digit advances to close up roughly 4%, while Coinbase (COIN) and MicroStrategy (MSTR) finished with gains of 2.1% and 1.4%, respectively.

The backdrop for this rally included seemingly conflicting signals on the trade front. Earlier in the week, President Donald Trump suggested tariffs on China would “come down substantially” post-deal.

However, Secretary Bessent tempered expectations on Wednesday, stating no unilateral offer to cut tariffs had been made and predicting a full resolution would likely take “two to three years to achieve.”

Decoupling debate: Bitcoin mirrors gold amid uncertainty?

This persistent trade uncertainty, paradoxically, might be contributing to Bitcoin’s strength relative to traditional markets. Some analysts believe the market may be moving past the initial shock of tariff threats.

“Markets priced in the initial tough stances and tariff threats, which kept a lid on risk appetite over the past two months,” Paul Howard, director at crypto trading firm Wincent, told CoinDesk.

“History suggests that once the opening volleys pass, more constructive developments and easing volatility typically follow,” he added, suggesting this environment could ultimately support risk assets like crypto.

The narrative of Bitcoin acting as “digital gold” – a hedge against macroeconomic uncertainty and potential currency debasement – appears to be gaining traction.

Institutional conviction: ETF flows surge past $1 billion this week

Underscoring the renewed interest, particularly from larger players, has been the significant turnaround in flows for US-listed spot Bitcoin ETFs.

According to SoSoValue data, these funds have attracted nearly $1.3 billion in net inflows so far this week alone, marking their strongest daily inflow on Tuesday since mid-January.

“This [crypto] rally isn’t retail-driven hype—it’s institutional capital positioning ahead of what many see as a new monetary and political regime,” asserted Matt Mena, crypto research strategist at digital asset manager 21Shares.

“More investors are turning to it not just as a speculative asset, but as a flight to safety amid rising uncertainty across traditional markets.”

Gold pauses, bitcoin poised? Historical patterns eyed

Adding another layer to the bullish case is the recent performance of traditional gold.

After a remarkable run that saw it surge 35% over four months to breach $3,500 per ounce, gold prices pulled back Wednesday, down roughly 2.5% to around $3,290.

Some analysts interpret this stalling action in gold, following its massive rally, as potentially bullish for Bitcoin.

Charles Edwards, founder of Capriole Investments, highlighted this dynamic.

Posting a chart on X (formerly Twitter), he noted that historically, Bitcoin’s major upward moves have often followed significant gold rallies, albeit with a lag of a few months.

“Bitcoin is showing significant strength,” Edwards stated.

“We have decoupled from risk assets and the market is now starting to front-run the fact that bitcoin is digital gold. If risk assets were to decay further from here, BTC is the ultimate QE [quantitative easing] hedge.”

Eyes on $95K: resistance looms despite bullish momentum

Despite the strong price action and positive indicators, technical hurdles remain.

Matt Mena from 21Shares cautioned that Bitcoin faces near-term resistance around the critical $95,000 level.

He suggested a potential pullback could occur before a decisive breakout above this zone. Successfully clearing $95,000 is seen by many traders as key to unlocking further significant upside potential.

The combination of renewed institutional demand, the compelling “digital gold” narrative gaining traction as traditional gold pauses, and supportive historical patterns suggests Bitcoin may be gearing up for its next major leg higher, with the $95,000 level serving as the immediate gateway.

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April 24, 2025
Tesla reclaims $1B in Bitcoin holdings even as shares fall sharply
- EV sales fell 13%, production down 16%, causing 20% segment decline.
- Bitcoin holdings valued over $1 billion as BTC hits $93,000.
- Tesla holds 11,509 BTC with no transactions this quarter.
Tesla has reaffirmed its strategic bet on Bitcoin despite disappointing quarterly earnings, a plunging stock price, and slowing electric vehicle sales.

As of March 31, 2025, the company holds 11,509 Bitcoin, currently valued at just over $1 billion after a 6% rise in the cryptocurrency’s price to $93,000.

This development comes at a time when Tesla is under pressure from shareholders following a 41% decline in its stock price this year and growing scrutiny around CEO Elon Musk’s political involvement.

Revenue down, deliveries slump

Tesla’s Q1 2025 revenue reached $19.34 billion, falling short of Wall Street’s projection of $21.37 billion.

The shortfall is largely tied to the company’s main business—electric vehicles—which saw a 13% drop in deliveries and a 16% dip in production.

This led to a 20% year-over-year decline in revenue from its core segment.

Tesla’s declining delivery numbers mirror broader industry challenges, but some of the headwinds are unique to the company.

Ongoing protests and concerns around Musk’s dual focus—spanning political appointments and social media commentary—have amplified investor unease.

Despite this, Tesla made no changes to its Bitcoin position during the quarter, signalling a clear intention to maintain it as a long-term asset.

Bitcoin strategy remains unchanged

Tesla’s current holding of 11,509 BTC was first acquired in February 2021, with about 75% of it sold off in July 2022.

The remainder has been left untouched.

At the end of 2024, this stash was worth approximately $1.076 billion. By the close of Q1 2025, Bitcoin’s 12% decline had reduced the value to around $951 million.

However, with Bitcoin prices rebounding to $93,000, the portfolio’s worth has climbed back above the $1 billion mark.

New rules introduced by the Financial Accounting Standards Board (FASB) require companies to mark their digital asset holdings to market value at the end of each quarter.

Under this regime, Tesla previously recorded a $600 million unrealised gain in Q4 2024 due to Bitcoin’s rally.

Tesla’s decision not to buy or sell any Bitcoin in Q1 2025 signals a “HODL” stance—mirroring the strategy of other corporate holders like Strategy and Metaplanet, which also treat Bitcoin as a hedge or strategic reserve.

Musk shifts from DOGE to Tesla

Elon Musk, whose support for Dogecoin (DOGE) has frequently made headlines, announced plans to scale back his involvement with the meme coin.

He said his time allocation would shift in May 2025 as DOGE operations become more self-sufficient.

This renewed focus on Tesla comes as analysts call for urgent strategic moves.

Dan Ives of Wedbush labelled the company’s situation a “code red,” suggesting that Tesla may need to rethink parts of its financial strategy, including how it handles its Bitcoin holdings, if current challenges continue.

Meanwhile, BeInCrypto forecasts that crypto markets will remain unstable until mid-May due to global economic uncertainty and trade pressures.

However, the broader outlook for digital assets, especially Bitcoin, is more bullish for the second half of the year.

Analysts expect a rebound driven by post-halving effects, institutional buying, and regulatory clarity in the US.

As Tesla navigates financial turbulence, its firm stance on Bitcoin indicates that the cryptocurrency is now more than just a side bet—it’s part of a calculated strategy.

Whether that strategy pays off in Q2 and beyond may depend as much on Musk’s leadership as on Bitcoin’s next move.

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April 23, 2025
Bitcoin gains 12%, mirrors gold as trade war, recession fears mount
- Bitcoin gained 12% in two weeks to April 22, showing resilience amid US-China tariffs.
- Observers note Bitcoin decoupling from stocks, behaving more like gold (safe haven).
- US plans for a Strategic Bitcoin Reserve potentially bolster its asset status (Nansen CEO).
Bitcoin has demonstrated notable strength in recent weeks, seemingly shrugging off the escalating trade tensions between the US and China that have unsettled broader financial markets.

This resilience, marked by a significant price increase, is fueling observations that the cryptocurrency is increasingly behaving like a traditional safe-haven asset, akin to gold, rather than mirroring the volatility often seen in tech-heavy indices like the Nasdaq.

Divergence amid trade turmoil

In the two weeks leading up to April 22, Bitcoin registered a solid 12% price gain.

This upward movement occurred even as the trade dispute intensified, with the US imposing tariffs reported up to 125% on China, prompting reciprocal measures from Beijing.

Unlike many other assets sensitive to global trade disruptions, Bitcoin appeared relatively insulated, strengthening the argument for its potential role as a store of value during geopolitical uncertainty.

Alex Svanevik, CEO of crypto intelligence firm Nansen, highlighted this trend, noting Bitcoin’s apparent “decoupling” from traditional stock markets.

“Unlike altcoins and major indexes like the S&P 500, Bitcoin has remained relatively stable despite the global trade tensions,” Svanevik observed, according to the analysis.

However, he cautioned that while resilient to specific trade issues, Bitcoin remains susceptible to broader macroeconomic headwinds, particularly the growing fears of a potential economic recession.

Bolstering the safe-haven narrative: US reserve plans

Adding another layer to Bitcoin’s evolving status is the concept of a potential US Strategic Bitcoin Reserve.

Plans outlined in a presidential executive order suggest the government intends to hold Bitcoin, initially comprising assets seized in criminal investigations.

More significantly, the order details potential future strategies for acquiring more Bitcoin, possibly funded through tariff revenues or by re-evaluating the Treasury’s gold certificates to generate surplus funds, potentially avoiding the need to sell existing gold reserves.

Svanevik believes such “regulatory developments will play a significant role in Bitcoin’s growth as a global asset,” potentially enhancing its legitimacy and appeal.

Recession shadow looms despite crypto gains

While Bitcoin charts its course, the macroeconomic outlook remains clouded. Concerns about a potential US recession are intensifying, acting as a significant counterweight to bullish sentiment in risk assets.

A recent report from JPMorgan notably increased its estimated probability of a US recession occurring in 2025 from 40% to 60%.

The report underscored that existing tariffs, particularly citing the high 145% tariff on China in this context, continue to pose a “significant threat to global growth.”

Against this backdrop, the Federal Reserve is anticipated to begin easing monetary policy, likely starting in September 2025 with further rate cuts expected through January 2026.

While monetary easing could stimulate the economy, it might also influence demand dynamics for assets perceived as riskier, potentially including Bitcoin, depending on how investors weigh inflation hedges versus growth prospects.

Navigating an uncertain future

Bitcoin’s trajectory appears increasingly shaped by a complex interplay of factors.

Its resilience during the recent trade friction supports the narrative of it maturing into a gold-like store of value.

Continued institutional interest and potential government actions like the Strategic Reserve could further solidify this perception.

However, the looming threat of a broader economic downturn and ongoing regulatory developments, particularly in the US, remain critical variables.

As global economic anxieties persist, Bitcoin’s ability to maintain its appeal as a hedge against turbulence will be closely watched.

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April 23, 2025
Bitcoin eyes $100K? Hayes cites treasury buybacks, weak dollar as catalysts
- Bitcoin surged past $87,700, fueled by a weakening US dollar and potential US Treasury buybacks.
- Arthur Hayes predicts Treasury buybacks could be a “bazooka,” pushing BTC past $100K (“last chance” below).
- Weak dollar (lowest since March 2022) and rising gold correlation support Bitcoin’s appeal.
Bitcoin’s recent climb, momentarily cresting $87,700, is drawing significant attention, with prominent analysts pointing towards macroeconomic shifts and potential government actions as key drivers that could propel the cryptocurrency well beyond the $100,000 threshold.

The convergence of a weakening US dollar, anticipated US Treasury debt buybacks, and sustained institutional interest is painting an increasingly bullish picture for the digital asset.

Macro tailwinds: dollar dips, treasury ‘bazooka’ eyed

A primary factor supporting Bitcoin’s ascent is the declining value of the US dollar, which recently touched lows not seen since March 2022.

As the dollar weakens, assets like Bitcoin often become more appealing to global investors seeking a hedge against fiat currency devaluation.

Adding potent fuel to this narrative is the prospect of the US Treasury repurchasing its own debt.

Arthur Hayes, the influential co-founder of BitMEX and current CIO of Maelstrom, has highlighted this potential move as a significant catalyst.

He posited that upcoming Treasury buybacks could inject substantial liquidity into the financial system, effectively acting as a “bazooka” for Bitcoin’s price.

Hayes went so far as to suggest this period might represent the “last chance” for investors to acquire Bitcoin below the $100,000 mark, anticipating that these buybacks could easily push the price past that psychological barrier.

Technical signals and institutional trust bolster case

The bullish sentiment finds resonance in technical analysis and continued institutional adoption.

Ryan Lee, Chief Analyst at Bitget Research, noted that Bitcoin’s price chart recently completed a “descending wedge breakout,” a technical pattern often interpreted as supportive of further upward movement.

This technical picture is complemented by Bitcoin’s growing correlation with gold, another traditional safe-haven asset, which itself has surged nearly 30% this year.

Furthermore, global institutional appetite for Bitcoin appears unwavering despite recent price volatility.

Reports indicate that investment firms, notably from Japan and the UK, have maintained their commitment, channeling capital into the cryptocurrency.

This sustained institutional inflow signals enduring confidence in Bitcoin’s long-term value proposition.

Analysts eye six-figure targets amid fiat expansion

As Bitcoin tests resistance levels nearing $90,000, some analysts are setting their sights considerably higher.

Jamie Coutts of Real Vision forecasts that expanding fiat money supply (M2) could drive Bitcoin to as high as $132,000 by the end of the year.

This projection finds company with analysis from economist Timothy Peterson, who, citing historical market patterns, suggests Bitcoin could potentially reach $138,000 within the next three months.

Political pressures add fuel to the fire

The intricate macroeconomic picture is further complicated by the political landscape.

President Donald Trump’s public calls for the removal of Federal Reserve Chair Jerome Powell have intensified market expectations of potential interest rate cuts.

Such cuts, aimed at stimulating the economy, would likely exert further downward pressure on the US dollar, potentially creating an even more favorable environment for Bitcoin’s price appreciation.

A note of caution amidst the bullish chorus

Despite the confluence of positive indicators, some market observers urge caution regarding short-term price action.

Analyst Michaël van de Poppe warned that weekend rallies can sometimes prove ephemeral and that Bitcoin might face a pullback before decisively conquering key resistance zones.

The $91,000 level is widely seen as the next significant hurdle.

Until Bitcoin firmly establishes itself above this mark, the possibility of short-term corrections remains.

Nonetheless, the combination of weakening fiat dynamics, anticipated liquidity injections via Treasury buybacks, robust institutional support, and supportive technical patterns creates a compelling narrative for Bitcoin’s continued ascent towards, and potentially well beyond, the $100,000 milestone.

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April 22, 2025
PepeX maintains upside momentum as Bitcoin, Solana dominate the majors

Bitcoin and Solana have emerged as top performers as crypto majors and meme tokens strive to recover. While investors shift to Bitcoin for its stability, Solana has become a key player in DEX trading.

At the same time, investors are on the look out for fresh projects with robust growth potential. PepeX, which has emerged as one of the top meme ICOs to watch out for in 2025, offers its holders an irresistible opportunity to rake in hefty gains during its presale and beyond. Its infrastructure seeks to restore transparency, fairness, and accessibility in the meme crypto space.

Bitcoin heightened dominance paves the way to $90,000

Bitcoin price began the new week on a high; rallying to a three-week high in early Monday session. Since hitting a five-month low two weeks ago, the crypto major has rebounded by about 17%. At the time of writing, it was trading at $87,488.

Despite the persistent economic uncertainties, bulls are optimistic that Bitcoin price will soon retest the crucial zone of $90,000. CoinGecko’s 2025 Q1 crypto industry report showed that despite the drop in investor activity, Bitcoin’s dominance in the cryptocurrency space hit a level last recorded in early 2021 at 59.1%.

Having rebounded past the 25 and 50-day EMAs, the bulls have an opportunity to retest the crucial support-turn-resistance zone of $90,000. However, the bulls will need to gather enough momentum to break the immediate-term resistance at $89,075. On the lower side, $82,959 is set to offer steady support to Bitcoin price.

Bitcoin Price

PepeX maintains upward momentum as it restores integrity in the meme crypto space

AI-related cryptocurrencies have captured investors’ attention as they look past the majors for projects with robust growth potential. In the past 24 hours, AI meme market cap rose by 6.5% to $2.34 billion.

Notably, most of these fresh projects are moving past meme jokes to offer solutions to existing challenges within the crypto space. PepeX is one such crypto. As the world’s first AI-powered tokenization launchpad, it seeks to solve the persistent issues of security, fairness, and transparency. Indeed, it comes at an opportune time and investors are taking note of it.

In the recent past, platforms like Pump.fun have allowed pump-and-dump schemes that saw investors lose hefty amounts of money. To solve this issue, PepeX has integrated anti-sniping tools and a bubble map tool to discourage early dumping and any shady launches. Besides, the creators’ holdings are capped at 5% of the total supply, which they could lose to its community should the project fail.

This one-of-a-kind infrastructure has attracted the attention of meme coin enthusiasts, enabling it to raise over $1.4 million just four weeks into its presale. In addition to its real-world use case and subsequent growth potential, early adopters have an opportunity to rake in huge gains during the 30-stage presale.

With every three-day stage, the token price increases by 5%. What started at $0.02 is currently at $0.0243 and is set to rally further to $0.0823 before the token hits the public shelves in Q3. Read more on how to buy PepeX.

Solana dominance in DEX trading fuels recovery

Solana Price Chart

In the recent months, altcoins and meme coins have been under selling pressure. However, as the assets find their footing, Solana has emerged as one of the top performers.

Notably, its dominance in the decentralized exchange (DEX) space has fueled its recovery. As highlighted by CoinGecko, Solana dominated DEX trades at a rate of 39.6% in Q1’25.

A look at its daily chart shows Solana price trading above the 25 and 50-day EMAs. In the short term, I expect $126.90 to be a steady support zone as the bulls strive to break the resistance at $144.50. If successful, the next target will be at $155.

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April 21, 2025
Why Bitcoin ETFs face outflows post-recovery
- $812M has left Bitcoin ETFs in April despite Bitcoin price recovery post‑tariff pause.
- Institutions are shifting to bonds and AI/tech funds amid risk‑off sentiment.
- Regulatory delays and media FUD also fuel cautious ETF positioning.
Bitcoin ETFs have registered significant fund withdrawals even as spot Bitcoin (BTC) price regained ground following President Trump’s 90‑day suspension of reciprocal tariffs.

The temporary tariff relief helped stabilize global markets, fueling a Bitcoin price rebound that saw it climb back toward the mid‑$80,000s.

However, institutional investors have continued to pull money out of spot Bitcoin ETFs, culminating in a dramatic $171.10 million net outflow on April 17, according to Coinglass data.

The most affected ETFs are Fidelity’s FBTC and ARK Invest’s ARKB, each of which has seen over $113 million in outflows.

BlackRock’s IBIT, however, continues to enjoy modest inflows with $30.60 million inflows as of April 17, 2025.

Bitwise’s BITB, VanEck’s HODL, and Grayscale Bitcoin Mini Trust ETF (BTC) have also weathered the storm with $12.8M, $6.7M, $2.4M, and $3.4M inflows respectively.

Month‑to‑date flows show that more than $800 million departed Bitcoin ETFs in early April, following $767 million in March.

This extended streak of weekly outflows eclipses even the heaviest withdrawal phases seen since these products debuted in January 2024.

Why the huge Bitcoin ETFs outflows?

Notably, this trend underscores a broader risk‑off sentiment among professional investors reluctant to reallocate capital into volatile digital assets.

Surging US interest rates have rendered government bonds more appealing, prompting capital rotation out of crypto ventures.

Concurrently, profit‑taking after Bitcoin’s late‑2024 rally motivated holders to crystallize gains, dampening demand for ETF exposure.

Investors are also contending with fractured regulatory signals, as promised crypto‑friendly legislation remains stalled in Congress.

Confusion surrounding token unlock schedules for structured Bitcoin products exacerbates fears of sudden supply surges.

Moreover, strong inflows into AI and tech‑focused exchange‑traded funds have lured momentum‑driven capital away from crypto.

Persistent media rhetoric around a “Bitcoin ETF exodus” further compounds negative sentiment and amplifies withdrawal pressures.

Bitcoin miners have also felt the squeeze, with March profitability down 7.4% as average fees and prices cooled although leading miners like Marathon Digital and CleanSpark maintained robust production and expanding hash rates despite shrinking margins.

Tax‑loss harvesting strategies and quarter‑end portfolio rebalancing have also applied technical selling pressure on ETF shares.

The interplay of these forces paints a nuanced picture: spot Bitcoin prices can recover while ETF flows simultaneously languish.

Investors now face a delicate balancing act between capturing crypto’s upside potential and managing exposure to its inherent volatility.

A weaker US dollar amid shifting Federal Reserve forecasts has provided some tailwind for Bitcoin valuations in recent weeks.

However, the comparative stability and yield of US Treasuries continue to attract institutional allocations away from high‑beta crypto instruments.

As the market digests these divergent signals, the tug of war between price recovery and Bitcoin ETFs fund outflows may define next Bitcoin (BTC) maturation phase.

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April 17, 2025