Bitcoin Targets $100K as Trade Tensions Cool and Trump Teases Crypto Dinner
BTC bulls charge forward amid geopolitical tailwinds—because nothing fuels crypto like traditional markets sweating.
Trump’s ’special announcement’ dinner sparks speculation: Is this the political pump before the halving?
Meanwhile, Wall Street still can’t decide if Bitcoin is digital gold or a high-beta risk asset—but they’ll happily charge you 2% to manage yours.
Market Data
Market Cap: $3.09T | 24H Vol: $115B | BTC Dominance: 61.3%
BTC: $95,300 (+12.8%) | ETH: $1,807 (+13.7%) | XRP: $2.21 (+6.6%)
This Week’s Crypto Headlines You Can’t Miss
. Cathie Wood’s Ark Invest continues to be highly bullish on bitcoin’s price potential by upping its long-term prediction to somewhere between $1.5 million and $2.4 million per BTC. You can check Ark’s reasoning here.
. After the tariff-induced shock and price massacre, bitcoin’s aforementioned recovery brought a lot of hope back to the market. Moreover, the asset decoupled from traditional stocks, which showed strength and resilience, said CryptoQuant.
. The economic uncertainty prompted by Trump’s trade war led to large outflows from the BTC ETFs within the past few months. However, the trend has changed now, with several consecutive days of net inflows. Moreover, April 22 became the highest single-day of net inflows since Trump’s inauguration.
. Among the most controversial news coming from US President Trump regarding the crypto community this week was the update on TRUMP’s meme coin website stating that the top 220 holders will have a chance to attend a special dinner with the POTUS. Naturally, this led to an immediate buying frenzy and price volatility.
. During another AMA session, Charles Hoskinson, who is not only the brain behind Cardano but also helped co-found Ethereum, said the latter’s struggles will continue in the following decade and warned that today’s second-biggest blockchain network might not survive.
. While Ark Invest expects a BTC price within the millions (in dollars) in the next 5-6 years, Arthur Hayes was more modest, making a case that the asset can skyrocket to $200,000 but on a shorter timeframe. He believes treasury buybacks will be a key reason behind such a potential rally.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Hype, and Solana – click here for the complete price analysis.