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news-imageApril 23, 2025

Bitcoin Prices Rally To 6-Week High Near $94,000 As Bullish Factors Fuel Gains

Bitcoin prices have rallied today, climbing to their most inflated value since early March as the digital currency benefits from multiple bullish developments.
Publisher: Forbes
Sentiment: Positive
BTC

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Positive
cover-imageNewsBTC
April 23, 2025

Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says

In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to sustain its bullish momentum. Analyst Highlights Key Bitcoin Cost Basis Zones Bitcoin is beginning to show signs of newfound strength, with the top digital asset surging nearly 3.5% over the past week and trading in the high $80,000 range at the time of writing.

Positive
cover-imageCoinPedia
April 23, 2025

Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K

The crypto market today is seeing gains as Bitcoin price surge above $93,000, triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite.

Positive
cover-imageCointelegraph
April 23, 2025

Bitcoin price hits 7-week high as Trump softens tone on trade war

Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside.Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen over the past seven days, according to CoinMarketCap. Bitcoin traders eye “craziest one-minute candle” Bitcoin quickly jumped from just below $91,500 to $93,000 in minutes, leaving traders guessing where the rally could go next.

Negative
cover-imageBenzinga
April 23, 2025

Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1

Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: BTC) stash remained unchanged. What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last quarter, according to the company's earnings report released after the market close.

Neutral
cover-imageNewsBTC
April 23, 2025

Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says

After months of bullish momentum that pushed the Bitcoin price to an all-time high of over $109,000 earlier this year, analysts are now debating whether that surge marked the official market top. Strengthening this argument, a confluence of technical indicators suggests the market cycle may have already peaked—most notably, the behavior of the Market Value to Real Value (MVRV) Z-Score reinforces this view.

Negative
cover-imageTokenpost
April 23, 2025

Tesla Holds Over $950M in Bitcoin Despite Q1 Revenue Miss

Tesla (TSLA) continues to maintain a significant position in Bitcoin, with digital asset holdings valued at $951 million as of March 31, according to its latest earnings report. The figure reflects a decline from the $1.076 billion reported at the end of 2023, primarily due to a dip in Bitcoins market price during the first quarter.

Negative
cover-imageTokenpost
April 23, 2025

Bitcoin Price Rally Faces Headwinds as Spot Demand Weakens

Bitcoin (BTC) has surged past $90,000, hitting $91,700 on April 22, but on-chain data reveals underlying weakness in demand that could threaten the rallys sustainability. According to CryptoQuant, spot demand for Bitcoin has declined by 146,000 BTC over the past 30 days, despite the recent price recovery.

Positive
cover-imageUToday
April 23, 2025

XRP: Another Battle Incoming, Bitcoin's (BTC) Next Stop Is $94,000, Solana (SOL) Short-Term Rally Confirmed

XRP is once again preparing for a crucial technical confrontation as it gets closer to the 26-day Exponential Moving Average, a significant resistance level. Following its recent recovery from local lows around $1.96, XRP has been rising steadily and is currently trading at about $2.10, as it looks to muster the strength to exit the descending wedge pattern that has been limiting its movement for months.

Positive
cover-imageBitcoinist
April 23, 2025

Why Is Bitcoin Up Today? Bitwise Answers

Bitwise Asset Management's Weekly Crypto Market Compass – opens with a stark assessment: “With political pressure mounting on Powell and the dollar falling, Bitcoin's outperformance reflects growing structural divergence from risk assets.

Positive
cover-imageTokenpost
April 22, 2025

Bitcoin Surges Past $93K Amid U.S.-China Trade Hopes, But Analysts Urge Caution

Bitcoin (BTC) soared above $93,000 on Tuesday, gaining nearly 7% as investor sentiment improved following optimistic signals on U.S.-China trade tensions. U.S. Treasury Secretary Scott Bessent reportedly told investors the current tariff standoff is unsustainable and suggested de-escalation could begin very soon, although a comprehensive deal may take years.

Positive
cover-imageCryptonews
April 22, 2025

Metaplanet CEO Doubles Down: 10K BTC Goal, Yield Soars 119%

Metaplanet has stood by its plan to accumulate 10,000 BTC by year‑end, citing long‑term value creation over short‑term moves. The firm now holds 4,855 BTC worth about $430 million, has posted a 119% BTC yield and says shareholder numbers have risen sevenfold despite the stock's recent slide. The post Metaplanet CEO Doubles Down: 10K BTC Goal, Yield Soars 119% appeared first on Cryptonews.

Positive
cover-imageCryptonews
April 22, 2025

Is Bitcoin the New Gold? 20% Surge Breaks Its Nasdaq Ties

Bitcoin has regained safe‑haven appeal, rising 20 % alongside gold as tariff escalation and recession risk unsettle markets. Observers say the coin has moved from tech‑centric risk asset to macro hedge, lifted by expectations of U.S. rate cuts and a softer dollar. The post Is Bitcoin the New Gold? 20% Surge Breaks Its Nasdaq Ties appeared first on Cryptonews.

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