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Bitcoin’s Rally to $93k Fuels Altcoin Surge and AI-Blockchain Interest

Bitcoin’s Rally to $93k Fuels Altcoin Surge and AI-Blockchain Interest

Published:
2025-04-30 12:53:11
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As Bitcoin surpasses $93,000, the cryptocurrency market experiences a significant uptick, with altcoins gaining traction. Nexchain.ai, a promising new Layer-1 blockchain integrating AI, is capturing investor attention during its presale, thanks to its real-world utility and high transaction speeds.

Altcoins Soar As Bitcoin Hits $93k, This New AI-Blockchain Also Draws Investors

Bitcoin’s rally past $93,000 has ignited a broader cryptocurrency market surge, with altcoins gaining momentum alongside the flagship digital asset. Amid this bullish sentiment, Nexchain.ai—a new Layer-1 blockchain integrating AI capabilities—is attracting significant investor interest during its ongoing presale.

The project distinguishes itself through a focus on real-world utility, high transaction speeds, and enhanced security protocols. With NEX tokens priced below $0.031 in early funding rounds, the platform’s combination of artificial intelligence integration and low-cost infrastructure is positioning it as one of 2025’s most watched presale opportunities.

Bitcoin Price Surges Past $95K, Eyes $113K Amid Strong Market Momentum

Bitcoin breached the $95,000 threshold on April 25, 2025, marking its highest level since early March. The rally reflects renewed institutional confidence and robust on-chain activity, with analysts highlighting $95,500 as a critical support level for a potential ascent to $113,800.

Market Value to Realized Value (MVRV) bands suggest Bitcoin has entered a historically bullish zone. Crypto analyst Ali Martinez notes parallels to previous bull cycles, where similar MVRV patterns preceded significant price appreciation. Capital inflows and recovering network fundamentals further support the upside case.

Trump’s First 100 Days: Mixed Impact on Crypto Amid Policy Shifts

The Trump administration’s initial 100 days have delivered seismic shifts for cryptocurrency markets. A strategic Bitcoin reserve—funded exclusively through seized assets—signals tacit institutional acceptance, while trade war turbulence spills into digital asset volatility.

Regulatory appointments tell the deeper story. The SEC and CFTC now teem with crypto-friendly officials, suggesting a coming thaw in enforcement climates. Yet market analysts remain divided, with some decrying these months as the worst presidential start in modern history.

US GDP Contracts in Q1 2025 as Bitcoin Shows Minimal Reaction

The US economy shrank at an annualized rate of 0.3% in the first quarter of 2025, according to preliminary data from the Commerce Department. This marks a sharp reversal from the 2.4% growth recorded in Q4 2024 and falls below the median economist forecast of 0.4% expansion.

Financial markets exhibited muted reactions to the disappointing GDP print. Bitcoin dipped just 0.3% following the release, while S&P 500 futures declined 0.33% and Treasury yields edged higher. The cryptocurrency’s stability contrasts with its historical volatility during macroeconomic announcements, suggesting maturing market dynamics.

Forecasting models had shown wild discrepancies ahead of the release, with the Atlanta Fed’s GDPNow projecting a 2.7% contraction while the New York Fed’s Nowcast anticipated 2.6% growth. Such divergence highlights the challenges of economic prediction in the current environment.

How Coinbase Is Building a Crypto Ecosystem to Rival Big Tech

Coinbase has evolved from a retail-focused crypto exchange into the dominant player in institutional crypto custody, with $404 billion in assets under management as of Q4 2024. This positions it as the world’s largest crypto custodian, overseeing nearly 15% of the total crypto market capitalization. Its clientele includes heavyweight names like MicroStrategy, BlackRock, and even the U.S. government, which relies on Coinbase to custody seized Bitcoin.

The platform’s custodial prowess draws parallels to traditional finance giants such as JPMorgan, but with a blockchain-native approach. Coinbase merges centralized trust with decentralized infrastructure, exemplified by its smart wallet technology that seamlessly integrates users into DeFi ecosystems. For instance, partnerships like Morpho enable Bitcoin-backed loans directly within the Coinbase app.

Base, Coinbase’s Layer-2 blockchain, is emerging as a silent growth engine, further expanding its ecosystem. The exchange’s strategic moves reflect a broader ambition to compete with Big Tech by bridging the gap between traditional finance and decentralized innovation.

|Square

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