Bitcoin Nears $100k Milestone as Bulls Charge Forward
Bitcoin has surged past the $95,000 mark, reigniting bullish sentiment as analysts eye the $100,000 threshold. The cryptocurrency’s recent rally has brought it to levels not seen since mid-February, with a peak of $95,444 in the last 24 hours. Despite a brief retreat earlier this month, Bitcoin has shown resilience, holding steady at $95,104 as of April 30, 2025. This upward momentum is supported by a market capitalization of $1.88 trillion, though daily trading volume has dipped by 20%. The crypto community is now closely watching to see if Bitcoin can break through the psychological $100,000 barrier, a milestone that would further solidify its position in the financial markets.
Bitcoin Surges Past $95k, Eyes $100k Milestone
Bitcoin breached the $95,000 threshold during its sustained rally, with analysts projecting a potential climb to $100,000. The cryptocurrency peaked at $95,444 in the past 24 hours, a level last seen in mid-February before its retreat below $80,000 earlier this month.
As of April 30 at 12:00 UTC, BTC held steady at $95,104, marking a 0.1% gain. Its market capitalization now stands at $1.88 trillion, though daily trading volume dipped 20% to $22.6 billion. The asset has rallied 13.3% over recent days, reinforcing bullish sentiment.
BitMEX Co-founder Arthur Hayes Re-Affirms $1.5 Million Bitcoin Price Target
Arthur Hayes, co-founder of BitMEX, has doubled down on his audacious Bitcoin price prediction at Token2049 in Dubai. The crypto pioneer forecasts BTC could reach $1.5 million by 2028, citing impending U.S. monetary expansion as a key catalyst.
Hayes, now CIO at Maelstrom, argues America’s looming liquidity crisis will force policymakers to unleash quantitative easing measures. Such monetary inflation, he contends, will drive capital into hard assets like Bitcoin. The prediction builds on his longstanding bullish thesis for the flagship cryptocurrency.
Semler Scientific Expands Bitcoin Holdings to $330M with Latest Purchase
Semler Scientific has bolstered its Bitcoin treasury with an additional 165 BTC, acquired for $15.7 million. The healthcare technology firm now holds 3,467 BTC, valued at $330.6 million, cementing its position as a corporate Bitcoin advocate.
The purchase was executed at an average price of $94,931 per Bitcoin, funded through proceeds from the company’s $500 million equity offering. Semler’s cumulative cost basis stands at $88,263 per BTC, reflecting a 23.8% year-to-date yield on its cryptocurrency strategy.
CEO Eric Semler’s public endorsement—"We bleed orange"—underscores the company’s bullish stance. The acquisition aligns with growing institutional adoption trends, as corporations increasingly treat Bitcoin as a treasury reserve asset.
Eric Trump Warns Traditional Banks Face Extinction Without Crypto Adoption
Eric Trump has issued a stark warning to traditional financial institutions, declaring that banks resisting cryptocurrency adoption risk obsolescence within a decade. The Trump Organization executive vice president lambasted legacy banking systems as "broken, slow and expensive" during a CNBC interview, citing protracted settlement times and operational inefficiencies as existential vulnerabilities.
The critique coincides with the Trump family’s expanding crypto ventures. Eric Trump recently founded American Bitcoin Corp and World Liberty Financial, while launching the USD1 stablecoin—signaling a strategic pivot toward digital assets. His comments reflect growing institutional recognition of blockchain’s potential to streamline financial services, from 24/7 transaction capabilities to accelerated mortgage processing.
Standard Chartered Predicts Bitcoin Could Reach $120K by Q2 2025
Bitcoin’s recent surge past $95,000 has reignited bullish sentiment, with Standard Chartered projecting a climb to $120,000 by mid-2025. The bank’s crypto research team, led by Geoff Kendrick, maintains this target despite BTC trading NEAR $93,700, citing historical Q2 outperformance as a key driver.
Spring has consistently been Bitcoin’s strongest season, with an average quarterly return of 26.9%. This seasonal trend, combined with institutional conviction, underpins the bank’s $200,000 year-end price forecast. The analysis excludes speculative retail-driven altcoins, focusing instead on Bitcoin’s macroeconomic narrative as digital gold.
