Bitcoin Leads Market Recovery as Cryptocurrencies Eye New Peaks

The cryptocurrency market is showing strong signs of recovery, with Bitcoin (BTC) reclaiming the $81,000 mark and the global crypto market cap rising 4.1% to $2.68 trillion. This turnaround follows positive developments, including President Trump’s announcement of a 90-day pause for all tariffs except China, which has boosted investor confidence. Additionally, the US Senate confirmed Paul Atkins as the next SEC chair, signaling a potential shift in regulatory approach. As the market gains momentum, here are the top three cryptocurrencies that could hit new peaks this quarter.

Top 3 Cryptocurrencies That Could Hit New Peaks This Quarter

The cryptocurrency market is making a recovery with Bitcoin (BTC) reclaiming the $81,000 mark. The global crypto market cap has risen 4.1% to $2.68 trillion. The latest turnaround came after President Trump announced a 90-day pause for all tariffs except China, boosting investor confidence. Additionally, the US Senate confirmed Paul Atkins as the next SEC chair, who is expected to take a different approach compared to outgoing head Gary Gensler.

Trump vs. China: How the Trade War Affects Bitcoin

Bitcoin [BTC] jumped 10% to $83.5K on April 9th after President Donald Trump announced a 90-day pause on tariffs against other countries, except China. The relief rally was also seen in U.S. equities. However, the ongoing U.S.-China tariff dispute could still impact BTC’s movement. Analysts have mixed views on the potential impact of a China tariff deal on BTC, with some suggesting it could rally or cap prices. China was reportedly ready for a deal, and according to analyst Joe McCann, a likely deal would send BTC higher.

Historic Moment For Bitcoin? BTC Edges Closer To Shattering Longstanding 4-Year Cycle Theory

Bitcoin’s price may have rebounded briefly due to recent news following US President Donald Trump’s plans of a 90-day pause on all country tariffs except China. However, volatility continues to linger in the market, with BTC’s price stability being questioned as it struggles to break the $83,000 level. Given the heightened volatility hampering BTC, data shows that it is on the verge of making a move that could change its longstanding trend. The ongoing bearish pressure has turned out to be a threat to Bitcoin’s well-known 4-year cycle course. As the broader crypto sector moves further towards a bear market phase, Alphractal notes that BTC’s waning performance hints at a potential of making a historical anomaly.

Cardano’s Hoskinson: Future Tariffs Ineffective on Crypto; Bitcoin Set for $250,000

Cardano founder Charles Hoskinson claims that future tariffs will be ineffective on crypto. In the short term, crypto markets will stall for three to five months as TradFi finds a new normal. However, Bitcoin’s ability to transcend borders will give it an advantage over trade organizations and legacy banks. The threat of Trump’s tariffs has caused turmoil in the crypto markets, but Hoskinson predicts that Bitcoin could rise to $250,000, stating that crypto benefits in the long term and is the only option for globalization.

12-Year-Old Turned $1,000 into Millions—Erik Finman’s Bitcoin Journey

Erik Finman invested $1,000 from his grandmother into Bitcoin when it was valued at around $12 per coin. This early adoption transformed him into one of the youngest bitcoin millionaires in cryptocurrency investment history. By 25, he had dropped out of school, sold his startup, made his first million in Bitcoin, created a Dr. Octopus suit, launched a satellite, and a multi-million dollar crypto startup.

Florida’s Bitcoin Reserve Bill Unanimously Passes Subcommittee Vote

Despite initial skepticism due to market chaos and fiscal conservatism, Florida’s Insurance and Banking Subcommittee unanimously voted to approve a Bitcoin Reserve bill. State sponsor Webster Barnaby and other supporters说服了大多数人. Over the past few months, several Bitcoin Reserve bills have been proposed in US state legislatures with some setbacks due to funding concerns but also notable successes.