Bitcoin News: Bitcoin Prices Hint at Potential Surge Despite Recent Volatility and ’Death Cross’ Fear
| Download App for Android | Download App for iOS |
| Start Trading BTC on BTCC Today! <<<< | |
Cryptocurrency markets have been through a rollercoaster ride recently, with Bitcoin’s price action capturing the attention of investors worldwide. Despite a failed attempt to break the $90,000 mark, Bitcoin’s recent surge above $88,000 and its ability to withstand bearish scenarios suggest that it may be gearing up for a significant move in the NEAR future.
Bitcoin’s Failed $90,000 Attempt Hints at Price Surge Despite ‘Death Cross’ Fear
Bitcoin surged above $88,000 but failed to break the crucial resistance level. Markets were volatile due to tariff concerns, resulting in nearly $500 million liquidated in the past 24 hours. Despite this, Bitcoin’s price action suggests it may be gearing up for a significant move if it can withstand the bearish scenario.
Bitcoin ETFs See Fresh Inflows Ahead of Trump’s Liberation Day Tariffs
Spot Bitcoin ETFs in the U.S. witnessed positive inflows just before the announcement of Trump’s new “Liberation Day” tariffs. On April 2, the 12 spot Bitcoin ETFs recorded net inflows of $220.76 million, ending a 3-day losing streak that saw over $320 million outflow. ARK 21Shares’ ARKB and Fidelity’s FBTC were the main beneficiaries, with inflows of $130.15 million and $118.79 million, respectively. Grayscale’s mini Bitcoin Trust and Bitwise’s BITB also saw significant inflows, while other ETFs like Franklin Templeton’s EZBC, VanEck’s HODL, and Valkyrie’s BRRR had more modest inflows. Notably, BlackRock’s IBIT was also mentioned in the context, but specific inflow details were not provided.
Bitcoin Price Prediction 2025: Arthur Hayes’ Outlook
Bitcoin dipped 1.41% to $83,437 after Trump’s tariff announcement. With a 24-hour range between $88,466 and $82,182, traders anticipate further turbulence. Arthur Hayes is monitoring a crucial level, warning that if BTC holds above $76.5K until April 15 (U.S. tax day), the market could stabilize. Hayes predicts Bitcoin could hit $250K by the end of 2025, linking current volatility to tax-related sell-offs on ’Liberation Day’.
Trump Invites El Salvador’s President to White House Amid Bitcoin Discussion Speculation
President Donald Trump has invited El Salvador’s president Nayib Bukele to the White House on Apr. 14 to discuss cooperation on border security, criminal repatriation, and potentially Bitcoin. The invitation follows a public display of admiration between the two leaders, fueled by Bukele’s aggressive crackdown on gang violence and his handling of deported criminals from the U.S. In an Apr. 1 official letter, Trump praised Bukele’s efforts in cracking down on gang violence and assisting with U.S. deportation policies. Bitcoin (BTC) was mentioned as a potential topic of discussion, highlighting the growing significance of cryptocurrencies in international relations.
5 Best Crypto Casinos (no KYC) | April Update
Players who love crypto casinos, this article lists the best Bitcoin gambling sites for high bonuses and free spins. Crypto gambling sites are a global trend, but with the rise in popularity, fraudulent casinos have also emerged. Our panel of gambling experts have reviewed and shortlisted the top five casinos: 7Bit Casino, BitStarz, KatsuBet, and MIRAX Casino, all offering bonuses up to 325% + 5 BTC and varying numbers of free spins.
