Bitcoin Smashes $90K: Rally Defies Gravity as Traders Chase New ATH

BTC’s parabolic surge leaves analysts scrambling—just another day in crypto’s casino economy. Mainstream FOMO meets institutional greed as the ‘digital gold’ narrative gets a fresh coat of paint. Meanwhile, traditional finance still can’t decide if it’s a scam or the future.

In brief

• Bitcoin crossed $90,000 on April 22, 2025, reaching $90,444, a gain of +3.48% in 24h.
• $88,000 technical threshold broken, strengthening bullish signals and forecasts up to $166,250 by July.
• A 90% drop in transaction fees on the Bitcoin network contributes to this positive momentum.
• Despite a similar fee drop, Ethereum does not follow the same bullish trajectory due to structural differences.

Breaking the $90,000 Mark: A Strong Technical Signal for Bitcoin

On April 22, 2025, Bitcoin again surpassed the $90,000 mark, reaching exactly $90,444, a 3.48% increase over 24 hours compared to the $87,400 recorded the day before! This rise marks the breaking of a major technical resistance at $88,000, signaling strengthened bullish momentum.

Christopher Lewis, an analyst at FXEmpire, points out that this symbolic threshold could propel bitcoin toward the previous consolidation zone, with a potential medium-term target of $110,000. In the short term, technical indicators, including the bullish crossover of the MACD, suggest continued positive momentum. Some analysts even mention the possibility of a 90% increase by July, which would bring BTC to about $166,250.

Factors Behind This Spectacular Rise

Among the macroeconomic factors influencing this surge is a significant reduction in transaction costs. Indeed, on the Bitcoin network, gas fees have been cut by 90%, the lowest in a year! This has certainly played a notable role in the rise, making transactions more attractive to investors and users.

However, this fee reduction also applies to Ethereum, whose fees have also fallen by 90%. Despite this, Ethereum has not experienced a comparable rise to bitcoin. This divergence can be explained by network-specific factors, such as technological developments, use cases, and investor perception.

BTC breaking through $90,000 reflects increased investor confidence, embodied by the 13,000 institutions trusting Michael Saylor and his bitcoin strategy. The short- and medium-term outlook remains optimistic, especially as the crypto queen ROSE to $91,000 at the time of writing. Nevertheless, caution remains necessary amid the inherent volatility of the crypto market.

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