Bitcoin News: Uncertainty Looms Over Bitcoin’s Price as Investors Await Direction
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As the cryptocurrency market enters the second quarter of 2025, the price of Bitcoin (BTC) remains uncertain, with conflicting signals from short-term and long-term investors. Amid concerns of a possible U.S. recession and upcoming reciprocal tariffs, investors are closely watching the anticipated correlation between Bitcoin and Gold.
Bitcoin Price Faces Uncertainty: Will the 2025 Rally Continue or End Below $60K?
Bitcoin (BTC) price closed March in an indecisive manner, with short-term holders conflicting with long-term investors. The upcoming reciprocal tariffs from the United States this week have caused mixed reactions from global investors amid concerns of a possible U.S. recession. As the second quarter of 2025 begins, much of crypto investors’ attention has shifted to an anticipated correlation between Bitcoin and Gold (XAU). Gold prices have recorded gains since December, while BTC and the wider altcoin market have been trapped in bearish sentiment. The question remains whether the 2025 Bitcoin rally is over, according to experts like Quinn Thompson, founder of crypto hedge fund Lekker Capital.
Trump’s Tariff Liberation Day Could Push Bitcoin To $100k, Here’s How
April has arrived, and the crypto market is displaying potential rally signs. Historically, this month has witnessed crypto prices surge by 12% to 30%. With President Donald Trump’s “Liberation Day” approaching, excitement in the market has intensified. Bitcoin, the largest cryptocurrency, has already surpassed $83,000, recovering from a brief decline over the past five days. The question now is whether Trump’s tariff decisions will significantly impact the market and if Bitcoin could hit $100,000 soon.
Tether Strengthens Bitcoin Portfolio with Major Acquisition
Tether, the issuer of the world’s largest stablecoin USDT, has acquired 8,888 Bitcoin in the first quarter of 2025. According to crypto analytics firm SpotOnChain, the purchase is worth approximately $735 million and raises Tether’s total Bitcoin holdings to 92,647 BTC, valued at around $7.64 billion. The firm’s Bitcoin holdings now rank it among the top six largest BTC wallets, with an estimated unrealized profit of $3.86 billion. Tether has maintained a consistent Bitcoin acquisition strategy since May 2023, allocating 15% of its quarterly profits to the top digital asset.
US Dollar May Lose Reserve Status to Bitcoin, Warns BlackRock CEO
BlackRock CEO Larry Fink has issued a warning that the U.S. Dollar could lose its reserve status to Bitcoin. This comes amid plunging global financial markets and rising domestic debt. Fink expressed concerns over the dollar’s dominance in a new letter to investors, highlighting the successes of Bitcoin ETFs and the potential of decentralized finance globally. He noted that while the dollar has enjoyed dominance for decades, it is not a future guarantee. Bitcoin adoption has grown exponentially in the last decade and could become a global currency if investors view it as a safer bet.
Upsurge in Global Liquidity Presents Bullish Possibilities for Bitcoin
A prominent market player, former Goldman Sachs executive Raoul Paul, has identified notable market trends suggesting that Bitcoin’s current bearish phase is closing. He shared a global M2 chart depicting an increase in the total money supply, which bottomed out in late 2024. Paul asserts that the waiting game is almost over and that the next phase could see Bitcoin hit new highs. Although Bitcoin is currently in the bottoming zone, the analyst believes the highly anticipated rally could soon kick off.
