Bitcoin’s Struggle to Break $100K Amid Stagnant On-Chain Activity
Bitcoin’s journey toward the $100,000 milestone is facing significant resistance as on-chain activity shows signs of stagnation. Despite bullish market sentiment, the cryptocurrency has been unable to maintain momentum above the $95,000-$96,000 range. Key on-chain metrics, such as daily transfer volume, remain flat at around $10 billion, mirroring the one-year average and indicating weak transactional demand. This lack of fundamental support raises concerns about Bitcoin’s ability to sustain its upward trajectory in the near term.
Bitcoin’s $100K Breakout Faces Headwinds as On-Chain Activity Stagnates
Bitcoin’s ascent toward the psychologically critical $100,000 level is encountering resistance from subdued blockchain fundamentals. The cryptocurrency has struggled to sustain momentum above the $95,000-$96,000 range despite bullish sentiment, with on-chain data revealing concerning stagnation.
Daily transfer volume flatlines NEAR $10 billion—mirroring its one-year average—suggesting weak transactional demand. This tepid activity contrasts sharply with previous bull runs characterized by surging network throughput. The dormant mempool further confirms dwindling network activity, removing a key catalyst for sustained price appreciation.
Market participants now question whether Bitcoin can muster sufficient organic demand to breach six figures without the fuel of robust on-chain movement. The stalemate highlights the growing divergence between price action and underlying network health.
Bitcoin and Gold Gain as Fed Decision Looms Amid Global Uncertainties
Bitcoin held near $97,500 while gold advanced 0.7% to $3,357 as investors positioned cautiously ahead of the Federal Reserve’s rate decision. Market expectations point to unchanged rates at 4.25%-4.50%, with Chair Jerome Powell’s subsequent commentary likely to drive near-term sentiment.
Geopolitical tensions in the Middle East and renewed trade tariffs have amplified demand for perceived safe-haven assets. The crypto market’s resilience near February highs suggests growing institutional recognition of digital assets as macro hedges, mirroring gold’s traditional role during periods of uncertainty.
CZ Reiterates Bold Bitcoin Price Prediction Amid Market Optimism
Former Binance CEO Changpeng Zhao has doubled down on his bullish Bitcoin forecast, predicting the cryptocurrency could reach between $500,000 and $1 million during the current market cycle. In a recent interview, Zhao suggested the crypto market capitalization might surpass $5 trillion by 2025, though he declined to specify a timeline for Bitcoin’s potential seven-figure valuation.
Technical indicators support continued momentum, with Bitcoin breaking through key resistance levels. Zhao also shared his long-term vision for decentralized exchanges (DEXs) eventually overtaking their centralized counterparts, while identifying artificial intelligence (AI) and decentralized science (DeSci) as emerging frontiers for blockchain innovation.
Bitcoin Surges Past $97K Amid U.S.-China Trade Talks Progress
Bitcoin rallied above $97,000 as risk assets climbed on signs of easing trade tensions between the U.S. and China. The cryptocurrency’s upward momentum followed remarks from U.S. Treasury Secretary Scott Bessent, who emphasized the need to address unsustainable tariffs while avoiding economic decoupling.
Chinese trade officials acknowledged receiving signals from Washington about potential tariff adjustments. "China has carefully evaluated these messages," stated a Ministry of Commerce spokesperson, noting considerations of global expectations and domestic interests. The diplomatic thaw comes ahead of planned weekend negotiations in Switzerland.
April Showdown: Bitcoin Outshines Traditional Assets with 9% Gain
Bitcoin staged a remarkable recovery in April 2025, shrugging off early-month volatility to post a 9% gain that eclipsed traditional safe-haven assets. The cryptocurrency’s mid-month surge propelled it past both gold and the S&P 500, reinforcing its growing reputation as a high-performance alternative investment.
Market analysts note this outperformance occurred despite turbulent conditions that typically favor traditional hedges. Bitcoin’s April rally marks another chapter in its evolution from speculative asset to established store of value, with institutional investors increasingly viewing it as a legitimate portfolio diversifier.
