Gold is hitting new highs, but what about Bitcoin?
Bitcoin's recent price action has shown signs of stagnation, with the asset hovering around the $84,000 mark after rebounding above it earlier this week. As of the time of writing, BTC is trading at $84,449, down 0.7% in the past 24 hours.
Bitcoin sentiment is turning bullish as traders expect a move back toward $90,000, despite the ongoing price volatility.
Bitcoin (BTC) hovered just below $85,000 late Thursday as escalating tensions between President Donald Trump and Federal Reserve Chair Jerome Powell stirred market uncertainty. The standoff comes after Powell criticized Trumps tariff policies, warning they could trigger stagflation a mix of slowing growth and rising inflation.
Ripple's recently acquired Hidden Road has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). This marks a significant milestone in expanding its prime brokerage services for institutional investors.
American business executive Brad Garlinghouse has now spent a decade at enterprise blockchain company Ripple.
Latest news on XRP Ripple: XRP has found itself in the spotlight again. XRP is currently trading above $2, sparking renewed hope among investors. Analysts are buzzing about the possibility of it becoming the next cryptocurrency to get a spot ETF approval in the U.S., right after Bitcoin and Ethereum.
Against all odds, the crypto market started 2025 in decline, catching investors off guard. Bitcoin and Ether, usually strong performers in the first quarter, recorded their worst historical performances during this period.
Panama City has joined the growing list of global jurisdictions that accepts crypto payments.
Bitcoin's relatively stable price movements despite macroeconomic uncertainty is likely due to resilient spot Bitcoin ETF holders and Michael Saylor's firm continuing to buy aggressively, according to a Bloomberg analyst.“The ETFs and Saylor have been buying up all ‘dumps' from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and Lord knows who else,” Bloomberg ETF analyst Eric Balchunas said in an April 16 X post.
Bitcoin appears to be entering a period of consolidation following a brief burst of upward momentum earlier this week. After reaching nearly $86,000, the cryptocurrency has retraced slightly and is trading around $84,650 at the time of writing.
XRP price started a fresh decline below the $2.120 zone. The price is now consolidating above $2.00 and remains at risk of more losses below $2.00.
Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn.
Ripple will be seeding the initial investment as its anchor investor, according to a release shared exclusively with The Block.
ProShares sets XRP ETF launch date while the SEC vs. Ripple case looms large over investor sentiment and future price action.
Market signals from Coinbase suggest potential Bitcoin recovery but Korean investors remain cautious and slow to re-enter the market.
As the XRP price approaches key support levels, crypto analysts Casitrades forecast that the cryptocurrency is on the verge of a breakout. A potential surge in price could see XRP targeting levels as high as $6, with the conclusion of Wave 2 of its Elliott Wave pattern signalling a shift toward bullish momentum.
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.
Crypto analyst BarriC has predicted that the XRP price could soon recover and rebound to as high as $3. The analyst also revealed how high the token could reach when the altcoin season begins.
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.
Hidden Road, a digital asset and foreign exchange prime brokerage firm recently acquired by Ripple, has secured a broker-dealer license in the US, expanding its capabilities to serve institutional investors, the firm's President, Noel Kimmel, told Bloomberg News.
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.
Circuit Judge appeases the peace treaty, SEC is on the clock to deliver a status report within two months.
Gary Gensler claims cryptocurrencies run on pure sentiment while making an exception for Bitcoin's staying power.
Ripple's native cryptocurrency XRP is down 1.87% but has amassed massive gains of about 315% over the last year, according to data from CryptoRank.
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.
Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances its capacity in the fixed-income markets. As a FINRA broker-dealer, Hidden Road can further develop its fixed-income prime brokerage services and extend its capabilities in traditional markets, the company announced on April 17.
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.