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news-imageApril 12, 2025

Bitcoin Holds Above 365-Day Moving Average, But Market Sentiment Remains Subdued

Bitcoin has begun showing early signs of recovery following a recent correction that saw the asset fall to $74,000 earlier this month. At the time of writing, Bitcoin trades above $82,000, inching closer to the $85,000 range with its market capitalization now sitting above $1.6 trillion.
Publisher: NewsBTC
Sentiment: Positive
BTC

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cover-imageBitcoin
April 12, 2025

Bitcoin Rebounds on Tariff Relief, But Bullish Drought Persists: Cryptoquant

Crypto prices surged after a temporary U.S. tariff halt, yet bullish momentum remains subdued, Cryptoquant researchers report. Bitcoin clawed back losses at a critical technical support level, but weak investor sentiment signals caution ahead. Bitcoin's $76K Support Holds, But Bull Index Flashes Red Cryptocurrency markets rallied sharply on April 9 after U.S.

Negative
cover-imageBitcoinist
April 12, 2025

Bitcoin's Impact Alarming, Says NY Atty. General—Congress Needs To Act

New York Attorney General Letitia James issued a warning to US congressional leaders regarding regulation of cryptocurrency, particularly how Bitcoin and other virtual currencies could erode the US dollar's position around the world. She urged stronger federal regulations to protect investors from fraud and criminal use in the cryptocurrency market.

Positive
cover-imageCoinPedia
April 12, 2025

Bitcoin's Next Breakout? Experts Say $200K Is Long Overdue

Despite global economic uncertainty and a series of market shocks, several leading voices in the cryptocurrency space say Bitcoin is on the verge of a massive breakout—one that could take most investors by surprise. Samson Mow, CEO of Jan3 and a longtime Bitcoin advocate, recently expressed astonishment that Bitcoin is still trading under $100,000.

Positive
cover-imageCointelegraph
April 12, 2025

Bitcoin still on track for $1.8M in 2035, says analyst

Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained.Speaking during Cointelegraph's Chainreaction live show on X, Burnett said that Bitcoin is still in a long-term bullish cycle and could potentially rival or surpass gold's $21 trillion market capitalization within the next decade. Despite tariff uncertainty limiting risk appetite among investors, research analysts remain optimistic about Bitcoin's (BTC) long-term prospects for the next decade.

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