Crypto Daybook Americas: Bitcoin Bulls Play 'Heads I Win, Tails Bears Lose' as BTC Tops $94K
By Omkar Godbole (All times ET unless indicated otherwise)
Keep up with what's happening in the crypto world in real-time.
By Omkar Godbole (All times ET unless indicated otherwise)
The leading digital asset, Bitcoin (BTC), has seen a sharp increase in derivatives trading since President Trump announced a 90-day tariff pause on April 20.
Bitcoin (BTC) has officially overtaken Alphabet (Google) to become the world's fifth most valuable asset by market capitalization.As of April 23, Bitcoin's market cap had surged to $1.87 trillion, edging past Alphabet's $1.859 trillion valuation, according to asset ranking data. BTC is now only behind gold, Apple, Microsoft, and Nvidia.
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, has stressed his recent bearish forecasts for Bitcoin, adding Dogecoin to it as well this time.
TL;DR Bitcoin Soars Amid Trade Relief: The easing of US-China trade tensions has sparked renewed crypto market optimism, pushing Bitcoin past the $93K threshold and reenergizing the crypto trading landscape.
Over the last two weeks, Bitcoin (BTC) has broken its alignment with stocks and has been trading more like gold. Specifically, the world's premier cryptocurrency entered a rally late on April 8 after falling to lows near $75,000 and accelerated the upsurge on April 20.
Hayes is making a bold case for Bitcoin hitting $200,000, pointing to an obscure Treasury bond buyback program as the real liquidity driver.
Bitcoin surged to hit a one-month high as bullish sentiments soared across the charts.
Bitcoin extended this week's rally to Wednesday, breaching $94,000, as markets reacted positively to US President Donald Trump's statement that he will not interfere with the Federal Reserve and is ready to negotiate with China.
Gate.io Staking officially launched the BTC staking product, with a base APR of 2%. This product provides investors with a secure and stable way to grow their digital assets.
Bullish bitcoin and crypto traders are piling back in and predicting the “tide has turned” as Treasury secretary Scott Bessent is expected to reassure markets
Bitcoin (BTC) has surged past Google (GOOG) to become the worlds fifth-largest asset by market capitalization, reaching $1.86 trillion. The milestone was achieved as BTC broke above $94,000, marking a strong comeback and its highest-ever placement in global asset rankings.
The world's largest cryptocurrency Bitcoin has outpaced silver and Amazon to become the sixth most valuable asset in the world.
With Bitcoin causing the biggest short liquidation event of 2025, the protracted bear market may finally be coming to an end. In just the last day the market saw an incredible $618 million in liquidations with $317 million of that amount coming from Bitcoin.
Crypto markets faced a sharp wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. The majority of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders.Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC surged past $94,000, marking a 6.29% gain within a day, according to CoinGlass data.
As the broader crypto market begins to recover from recent lows, on-chain data reveals a growing behavioral divide between Bitcoin's long-term and short-term holders.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Over $530 million in short positions were liquidated in the past 24 hours as crypto markets rallied on optimism surrounding U.S.-China trade relations. Bitcoin (BTC) soared from $88,000 to above $93,500, sparking a broader market rally with ether (ETH), Cardano (ADA), and dogecoin (DOGE) gaining 14%, while Solana (SOL) and XRP climbed 7%.
Bitcoin nears $95,000 as institutional momentum grows. Cantor, SoftBank, and Tether unveil $3B crypto venture, while Tesla and Malaysia boost blockchain confidence. The post Bitcoin Price Rockets to $94K—Is This Just the Start? appeared first on Cryptonews.
Brandon Lutnick, son of U.S. Commerce Secretary and Cantor Fitzgerald Chair Howard Lutnick, is spearheading a major bitcoin-backed investment initiative with the launch of a SPAC named Cantor Equity Partners. The venture is supported by crypto giants Tether, Bitfinex, and global investor SoftBank.
Tesla stock took a hit after the EV giant reported a 9% drop in total revenue for Q1 2025, down from $21.3 billion to $19.3 billion. But in a surprising move, Tesla Bitcoin holdings remained unchanged, signaling the company's continued confidence in crypto despite market and operational headwinds.
XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP's ETF prospects and Pi Network's mainnet progress. The crypto market is showing early signs of recovery, with Ripple's XRP (XRP) up 8.
Metaplanet CEO Simon Gerovich reaffirms long-term Bitcoin strategy amid share price concerns and highlights key performance growth.
Bitcoin has re-entered bullish territory, surging above the $93,000 mark, as its price continues to climb, confirming a powerful upside trend. This move aligns with 10x Research's prediction, which turned bullish on April 12. Since then, BTC has gained over 10%, with the next key resistance level between $94,000 and $95,000.