Bitcoin’s price struggled again to break the $86,000 resistance on April 16, following comments from Fed Chair Jerome Powell, who noted the potential impact of Trump’s tariffs on the economy. Since April 9, Bitcoin has fluctuated between $75,000 and $86,400 without closing above the critical $86,000 mark. Analysts wonder where Bitcoin’s price will go next, ...
In the recent episode of the “Bitcoin Policy Hour,” experts from the Bitcoin Policy Institute explored how a single U.S. government policy decision could significantly boost Bitcoin’s value. Executive Director Matthew Pines noted that the current global monetary system has remained unchanged since 1973 but is now facing challenges, particularly from powerful countries like China. ...
On Monday, the memecoin Market dropped by nearly 5%, settling at around $49.25 billion as investors shifted their focus to Bitcoin for stability amid rising volatility. While major tokens like Dogecoin and Shiba Inu saw slight declines, Fartcoin stood out with a remarkable 15% gain, making it a trending asset. Technical analysis indicates that if ...
Since February, the US Treasury has pumped $500 billion into financial markets by using its Treasury General Account (TGA) to manage government operations after hitting a $36 trillion debt ceiling on January 2, 2025. This surge in liquidity has raised the Federal Reserve’s total liquidity to $6.3 trillion, which may positively impact Bitcoin prices in ...
Bitcoin prices are experiencing a fresh increase, moving above the $82,500 mark and reaching further gains past the $83,200 level. The cryptocurrency is currently stable, trading above the 100-hour Simple Moving Average. Having broken a bearish trend line at $84,500, BTC aims to challenge the $85,500 resistance, with the potential to reach $85,850 and beyond. ...
Bitcoin’s price is currently around $79,474, with analysts predicting it could struggle to break through crucial resistance levels near $84,000 and $96,000. If it fails to surpass these points, it might hover in the low $80,000s. Recent volatility, fueled by decisions related to tariffs, has led to fluctuations in Bitcoin’s value. Following a recent tariff ...
Bitcoin has recently experienced a decline, dropping below the $83,500 level and continuing its slide under $82,000. Currently, it trades below $81,200, facing resistance at $80,000 and $80,500. A significant bearish trend surfaced after breaking below a key support trend line. While Bitcoin briefly recovered from a low of $77,057 to above $78,800, it struggles ...
On Thursday, April 3, President Donald Trump announced new trade tariffs affecting various countries, particularly some in Asia. While US financial markets reacted negatively, the cryptocurrency markets, especially Bitcoin, showed resilience. Despite recent fluctuations, Bitcoin’s price remains around $84,000, experiencing a slight increase of over 2% in the past 24 hours. Analysts are observing a ...
Analysts are predicting that Bitcoin’s price could drop to $70,000 in the next ten days, influenced by the US trade war affecting investor sentiment. Network economist Timothy Peterson warns that Bitcoin might revisit its 2021 all-time high, with $70,000 being its “practical bottom.” Current trading data suggests that Bitcoin’s price expectations are fluctuating rapidly, with ...
Concerns about a global trade war are affecting both traditional and cryptocurrency markets as investors anticipate potential tariff announcements from US President Donald Trump on April 2. This announcement could significantly impact Bitcoin’s price trend for the month. Following previous tariff introductions, Bitcoin prices dropped 18%, while the S&P 500 fell over 7%. Recent reports ...
