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Bitcoin, Chainlink Stumble as Crypto Markets Brace for Another Volatile Week—Will the Fed Play Spoiler Again?

Bitcoin, Chainlink Stumble as Crypto Markets Brace for Another Volatile Week—Will the Fed Play Spoiler Again?

Published:
2025-04-22 19:40:19
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BTC hovers below key resistance while Chainlink whales accumulate—yet another ’buy the dip’ narrative or just wishful thinking? Meanwhile, the broader market sweats over macro headwinds. Bonus cynicism: If past performance is any indication, retail will FOMO in right at the top—again.

Bitcoin crosses $91,000 for first time in 50 days: Is Trump behind the latest rally?

Bitcoin price forecast hints at a $95,000 breakout as markets react to rising ETF demand and United States (US) President Donald Trump’s criticism of the Federal Reserve (Fed) Chair Jerome Powell. 

US Dollar Index Performance | Source: YahooFinance

 

Chainlink looks at $14 resistance as outflows from exchanges signal continued demand

Chainlink (LINK) price increases almost 3% on Tuesday to exchange hands at $13.47 at the time of writing. The oracle token, which has recovered 31% from $10.13 – the lowest year-to-date price seen on April 7 –, looks set to uphold its recent uptrend amid rising exchange outflows and a favourable technical setup. Still, the path beyond the $14 level looks more complicated due to the presence of strong resistance clusters. 

 

Bitcoin Price Forecast: BTC extends gains toward $90,000 as ETFs inflows exceed $381 million

Bitcoin (BTC) is extending its gains, trading above $88,000 at the time of writing on Tuesday after rising nearly 3% the previous day. Institutional demand seems to be supporting BTC’s recent price rally, with US spot Exchange Traded Funds (ETFs) recording an inflow of $381.40 million on Monday. Moreover, Microstrategy (MSTR) announced a new purchase of Bitcoins, in this case 6,556 BTC for $555.8 million.

BTC/USDT daily chart

 

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