Bitcoin News: Market Volatility Continues as Analysts Watch for Recovery Signs
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When Will Crypto Market Go Back Up?
As of April 2, 2025, the cryptocurrency market remains volatile. Bitcoin (BTC) is trading around $84,564, showing slight recovery from recent dips. Analysts are cautious due to the potential ‘death cross,’ where the 50-day moving average falls below the 200-day average, signaling possible downturns. Additionally, President Trump’s upcoming tariffs are causing market uncertainty, impacting risk assets like cryptocurrencies. While some experts predict a rebound, others advise caution, emphasizing the unpredictable nature of the crypto market.
Bitcoin Price Crashes 12% Despite Massive Corporate Buying In Q1—What’s Going On?
Leading on-chain data provider CryptoQuant has revealed that public companies bought a massive 91,781 BTC in Q1 2025. Despite this strong buying activity, Bitcoin’s price dropped from $94,400 to $82,500, a 12% decline. One of the most unexpected buyers this quarter was Tether, the company behind the world’s largest stablecoin, USDT. Tether added 8,888 BTC in Q1, bringing its total holdings to 92,646 BTC. The reason for Bitcoin’s decline despite corporate buying remains unclear.
Jetking Strengthens Bitcoin Holdings with Equity Sale Approval
Jetking, a publicly listed Indian company, has approved an equity sale to expand its Bitcoin reserves. This move aligns with the growing trend of businesses adopting Bitcoin as a hedge against inflation and economic uncertainty. As institutional interest in crypto rises globally, Jetking’s decision signals confidence in Bitcoin’s long-term value. The move could encourage more Indian companies to explore digital assets as part of their financial strategy in an evolving market.
Bitfarms Secures $300m Loan for AI and Data Center Growth
Canadian Bitcoin mining company Bitfarms has secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development. The initial agreement is for a private debt facility of up to $300 million from Macquarie Equipment Capital to support the Panther Creek data center project in Pennsylvania. The first tranche of the loan is $50 million, with the rest available if the company achieves specific development milestones. Bitfarms CEO Ben Gagnon stated that the partnership with Macquarie is the beginning of its investment in the near-term development of the Panther Creek data center, amid the surging AI revolution and growing demand for power and infrastructure.
Metaplanet Acquires 160 More BTC, Achieves Massive 95.6% Bitcoin Yield
Japanese hotel giant Metaplanet has acquired 160 more BTC, bringing their total Bitcoin holdings to 4,206 BTC. The firm purchased the Bitcoins for around $83,600 each, adding $13.4 million to their crypto stash. This brings their total investment in Bitcoin to $363.5 million. The company recently issued 2 billion yen (around $13.3 million) in zero-interest bonds dedicated to buying more Bitcoin and also bought 696 BTC using funds from selling cash-secured put options.
