Bitcoin Holds Steady at $82,000 Following Market Recovery and ETF Outflows
Bitcoin’s price stabilized around $82,000 on April 10, 2025, after an 8.25% recovery the previous day. The rebound was triggered by US President Donald Trump’s announcement of a 90-day tariff pause, which spurred a sharp recovery across the cryptocurrency market. Despite the upward movement, the US spot Bitcoin ETFs saw an outflow of $127.12 million, indicating mixed investor sentiment. Liquidations totaled $589 million on Wednesday, with short positions accounting for $374 million of that figure. The market remains cautiously optimistic as geopolitical and macroeconomic factors continue to influence volatility.
Bitcoin Price Stabilizes at $82,000 After Tariff Pause Announcement
Bitcoin price stabilizes at around $82,000 on Thursday after recovering 8.25% the previous day. US President Donald Trump’s announcement of a 90-day tariff pause triggered a sharp recovery in the crypto market. Liquidations reached $589 million on Wednesday, with short position liquidations amounting to $374 million. Despite this price revival, the US spot Bitcoin ETFs recorded an outflow of $127.12 million on Wednesday.
China, Russia Settle Energy Trades in Bitcoin
A VanEck report reveals that China and Russia are using Bitcoin to settle energy transactions due to President Trump’s new tariffs on China and the EU. The report states that the April 2 tariff package aimed at imports from China and the EU has rekindled global trade tensions and heightened the risk of monetary and geopolitical fragmentation. Following the announcement, Bitcoin saw a drop from $85k to around $81k and continued to decline over the weekend, but it has still outperformed the Nasdaq across all major timeframes.
Warren Buffett Holds Record $334 Billion in Cash and Snubs Bitcoin
Warren Buffett, the only billionaire in the top 10 to make money in 2025, has accumulated a record $334 billion in cash. Much of this capital was raised by selling $134 billion worth of stock in 2024, including a significant reduction in Berkshire Hathaway’s stake in Apple and Bank of America. Despite the rise of digital assets like Bitcoin, Buffett continues to reject the digital currency.
Market Indicators Suggest Altcoin Season Could Be Near
The altcoin market has dropped about 37.6% since its high in early December 2024 with a market cap of $1.1 trillion. Technical analysis shows Bitcoin Dominance at a key turning point with a bearish signal, potentially leading to an altcoin season. Crypto analyst Mister Crypto predicts a collapse in Bitcoin Dominance and the arrival of altseason.
BlackRock Transfers Over 3,000 BTC to Coinbase
BlackRock, the world’s largest asset manager with $10 trillion in assets, has transferred 3,296 BTC worth approximately $254 million to Coinbase. The transfer is linked to withdrawals from its Bitcoin ETF and cannot be attributed to the fund’s direct selling. While large movements to centralized exchanges often indicate a trading intent to sell, this context leads in a different direction, with Bitcoin traced to BlackRock’s iShares Bitcoin Trust ETF.
Bitcoin Bulls Crushed: $500 Million Liquidation Shakes Market Confidence
Bitcoin investors recorded heavy losses this week following the largest long position liquidation in the current bull market. On April 6, more than 7,500 BTC with a value exceeding $500 million were erased across prominent trading exchanges as prices dropped from $83,000 to $74,000. This liquidation was the highest of all since the 2023 bull rally began, as noted by CryptoQuant analyst Darkfost. The forced selling was prompted by Bitcoin’s price dropping sharply on spot markets before stabilizing around the $78,000 level after the initial collapse. Recovery since then has been negligible with prices remaining around that level.
