Bitcoin’s gradual ascent continued in the past 24 hours as the asset tapped $86,000 for the first time since April 2. The altcoins have also posted notable gains once again, with XRP and SOL leading the pack from the larger caps. BTC Touches $86K The rollercoaster of a week for BTC began with a nosedive from $84,000 to a five-month low of under $75,000 on Monday. Although the asset attempted an immediate recovery, it was ultimately stopped and pushed toward the same levels on Wednesday. This came amid the escalating tension between the US, China, and the rest of the world. However, bitcoin started to reclaim ground once US President Trump paused the tariffs on every other nation, aside from China. The cryptocurrency skyrocketed by several grand on Wednesday and tapped $83,300. As China retaliated, BTC retraced slightly to under $79,000, but reversed its trajectory in the following few days. This culminated yesterday at $86,000, which became an 11-day peak. Although it has failed there and now sits below $85,000, BTC’s market cap is up by $1.680 trillion on CG. Its dominance over the alts continues to stand tall above 60%. BTCUSD. Source: TradingView PI, XRP, SOL on the Rise The altcoins are also in the green today, with ETH reclaiming $1.6 after a 3% daily surge. XRP and SOL have marked similar increases of around 5% and now trade close to $2.15 and $130, respectively. SUI and BCH have jumped by 6-7% to $2.33 and $340, while PI has stolen the show from the larger-cap alts once again. The altcoin, which was declining severely for over a month, has jumped by another 10% in the past day and trades close to $0.75. BNB, DOGE, ADA, LINK, and XLM also have some gains but in a more modest manner. The total crypto market cap has added more than $40 billion overnight and is up to $2.79 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post PI and XRP Extend Gains, BTC Reaches 10-Day High (Weekend Watch) appeared first on CryptoPotato .
Even amid broader volatility, some of crypto’s biggest names are pushing higher. Bitcoin (BTC) , Ethereum (ETH) , and XRP are showing renewed strength in Q2 2025 , proving that market leaders often rally when others stall. But while these giants regain momentum, investors are turning toward MAGACOINFINANCE —a fast-growing altcoin project with the clearest path to 25x ROI before listing. PRESALE SELLING OUT — TAP TO SECURE YOUR SPOT NOW! BTC, ETH, XRP, and MAGACOINFINANCE Market Overview The ROI potential of BTC, ETH and SOL sit at 2x-3x ROI potentials, the estimation of MAGACOINFINANCEq stands taller as a positive market upswing of 25x ROI Projection against its listing price of $0.007. Savvy investors and analyst pitch MAGACOINFINANCE as the smart choice in Q2 2025 with 3,745% upswing : Bitcoin (BTC) – $81,812 (max 2x–3x potential) Ethereum (ETH) – $1,597 (estimated 2x upside) XRP – $1.99 (projected 4x with institutional momentum) MAGACOINFINANCE – $0.0002908 (confirmed 25x ROI to $0.007 , or 3,745% with MAGA50X bonus) MAGACOINFINANCE – STAGE 7 JUST LAUNCHED Stage 6 just SOLD OUT , and Stage 7 is now LIVE —with strong early traction. MAGACOINFINANCE is currently priced at $0.0002908 , targeting a public listing at $0.007 , setting up a 25x ROI opportunity . With MAGA50X , investors receive a 50% EXTRA BONUS , increasing total return potential to 3,745% . Already backed by 12,500+ holders , this promising altcoin is now the top early-stage focus in the market. FINAL HOURS: CLAIM 50% EXTRA BONUS — CODE MAGA50X Also on Radar: SOL, HBAR, XLM Solana (SOL) at $182 continues to lead in Web3 performance and tokenization. Hedera (HBAR) trades at $0.17 , supported by enterprise blockchain adoption. Stellar (XLM) at $0.17 remains active in cross-border settlement use cases. These projects are holding steady—but MAGACOINFINANCE is where analysts see the next 100x coin in motion. Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC) , Ripple (XRP) , and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. Stage 7 price increases soon — join now to secure your spot on: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Bitcoin, Ethereum, and XRP Rally Despite Market Uncertainty
Bitcoin ( BTC ) holders were the first to point out flaws in the United States economic data and position themselves for the potential upside, says crypto entrepreneur Anthony Pompliano. “Bitcoiners were the first large-scale group to recognize the economic data was wrong, and they figured out a way to financially capture upside if they were right,” Pompliano said in an April 12 X post. Pompliano foresees more will realize data is “inaccurate” “The unspoken secret as to why so many finance folks are wrong in their analysis of the tariffs is because the finance folks believe the government data,” he added. Amid the widespread uncertainty and ongoing fear over US President Donald Trump’s imposed tariffs, Pompliano questioned the accuracy of US inflation figures, job numbers, and GDP statistics. He added that “eventually everyone else will realize the data is inaccurate.” It comes after Pompliano pointed out in a March 20 LinkedIn post, US Treasury Secretary Scott Bessent’s appearance on the All-In podcast, where Bessent was asked directly if he trusted the data — and replied, “no.” “Even the Treasury Secretary has now publicly acknowledged he doesn’t believe the data. He says we must listen to the people rather than blindly follow the government data reports.” Concerns about the reliability of US economic data have been brewing for a while. A July 2024 report argued that new approaches are needed to “ensure government statistics remain dependable.” Source: Anthony Pompliano It comes as ongoing concerns over Trump’s imposed tariffs have led some crypto analysts to reinforce the idea that Bitcoin could outlast the US dollar in the long run. Bitwise Invest head of alpha strategies Jeff Parks said on April 9 that there is a “higher chance Bitcoin survives over the dollar in our lifetime after today.” Over the past five days, the US dollar index (DXY) has dropped 3.19%, currently sitting at 99.783 at the time of publication, according to TradingView data. The US dollar index is down 8.06% since the beginning of 2025. Source: TradingView Several Wall Street analysts were under the belief that Trump’s imposed tariffs would bolster the US dollar, according to a recent Wall Street Journal report . Pompliano said, “The mainstream finance conversation has become an intellectual boondoggle where most people regurgitate ill-informed takes based on bad data.” Analysts recently pointed out Bitcoin’s recent breakaway from stocks Analysts even pointed out that while the stock market was “tanking” on April 4 amid tariff uncertainty, Bitcoin didn’t decline as much as expected . During periods of macroeconomic uncertainty, Bitcoin and crypto assets have historically been more volatile than the stock market. Related: Bitcoin price soars to $83.5K — Have pro BTC traders turned bullish? On April 4, Cointelegraph reported that Bitcoin was steady above the $82,000 level , and as US equities markets collapsed, Bitcoin rallied to $84,720, reflecting price action, which is uncharacteristic of the norm. Meanwhile, former BitMEX CEO Arthur Hayes said Bitcoin may be entering what he calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
TL;DR Bitcoin recovered ten grand since its weekly low and now aims at $95,000, but it needs to overcome a crucial resistance first. Massive spot buying on Binance is among the factors that could propel another rally. BTCUSD. Source: TradingView Bitcoin Traders on Binance The primary cryptocurrency, alongside the rest of the crypto industry and every financial market, was significantly impacted by the Trade War initiated by US President Donald Trump in the past few weeks. There’s no evident end in sight, but the most recent pause could allow markets some breathing room. That’s why we will exclude macroeconomics from this article and focus more on technical aspects and current investor behavior. Ali Martinez, a popular crypto analyst, told his 135,000 followers on X that Binance traders went on a buying BTC spree, with the Taker Buy/Sell Ratio exploding to 1.8. He believes this is a positive sign that bulls ‘might be stepping in.’ A big spike in buying pressure for #Bitcoin $BTC just hit on Binance. Bulls might be stepping in pic.twitter.com/dGTbaCMUoa — Ali (@ali_charts) April 12, 2025 Futures traders on the world’s largest exchange, on the other hand, have opened mostly short positions, with over 56% of all trades hoping for a price decline. However, history shows that BTC tends to do the opposite of what the crowd expects from it, especially on the derivatives scene. Tech Aspects While the long-standing battle between bulls and bears continues in full force , Martinez noted that bitcoin has managed to ‘slice through’ the first significant resistance in its way toward price redemption – the 50-day SMA, which is around $84,500. Although BTC is yet to fully overcome that level as it sits next to it now, the overall bullish momentum in the past few days suggests more gains are to come. If BTC indeed passes through this line, the next major obstacle will be the 200-day SMA at $87,250. Should that fall, the cryptocurrency could surge toward $94,000, Martinez added. #Bitcoin $BTC is slicing through the 50-day SMA. The next key hurdle is the 200-day SMA at $87,250, and a breakout there could pave the way to $94,100. pic.twitter.com/uO9d9Bhbdq — Ali (@ali_charts) April 12, 2025 The post 3 Bullish Signs for Bitcoin as BTC Hits $85K, Says Analyst appeared first on CryptoPotato .
A crypto strategist who accurately called Bitcoin’s collapse below $80,000 believes that BTC’s long-term uptrend will remain intact if it stays above a key price area. In a new strategy session, pseudonymous analyst Cheds tells his 49,800 YouTube subscribers that Bitcoin appears to have broken out of a W pattern on the four-hour chart. A W pattern is typically seen as a bullish reversal structure, as it suggests that an asset has printed a price floor after bouncing from a key support level twice. “We had a break of the W and then a throwback, a throwback being a bullish retest from above. This looks pretty conducive, and this type of price action tells me, ‘Okay, we might be front running $72,000.’ Giving me a little bit of a confidence was a shift in equities markets, and the idea that price was at the MA (moving average) 50, and that’s been support.” Cheds also says that Bitcoin will likely see higher prices as long as its immediate support level between $78,500 and $81,000 holds. “Regain $81,000 and we’re back in business… Back above $81,000, we’re back with the idea of regaining that low time frame pivot corresponding with the high time frame support at the MA50, and with the idea that the bulls are going to recapture the trend, which is the rising MA200.” Source: Cheds/X At time of writing, Bitcoin is trading at $85,301. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Says Bitcoin Back in Business, Calls for BTC Uptrend if One Support Level Holds appeared first on The Daily Hodl .
In a recent talk on the future convergence of AI and blockchain, former Binance CEO Changpeng Zhao (CZ) shared a bold prediction: AI agents will abandon traditional fiat currencies in favor of cryptocurrencies. “AI will not use banks or credit cards,” CZ said, adding: “The currency that AI will use will not be fiat money. They will use cryptocurrencies.” According to CZ, as AI continues to evolve, it will build on the technological foundations laid by the internet and blockchain. CZ envisions a future where AI agents, or automated digital assistants, perform everyday tasks like booking flights and hotels. These agents will interact and transact with other AI services, relying on blockchain networks for faster, cheaper, and more efficient payments. Related News: Prominent Analyst Makes Unbelievable Prediction For Bitcoin (BTC) Price In 2035 On Live Broadcast - "It May Even Exceed This" “In the near future, we will live in a world full of AI agents,” he explained, adding: “Everyone will have a personal assistant who can communicate directly with booking agents or service providers, and these transactions will be processed on-chain.” Zhao believes that blockchain’s features such as instant confirmation, minimal fees, and lack of intermediaries make it an ideal infrastructure for AI-powered economies. *This is not investment advice. Continue Reading: Binance Founder CZ Makes Artificial Intelligence Prophecy for Cryptocurrencies
Bitcoin (BTC) is currently grappling with sharp price fluctuations, yet some analysts highlight encouraging on-chain metrics that may signal a breakout above $94,500. As the market reflects on geopolitical tensions,
BTC struggles with volatility; optimistic on-chain metrics hint at potential breakout above $94,500.
Bitcoin’s (BTC) reputation as digital gold has come under scrutiny following investors’ reaction to the ongoing trade tensions between the United States and other countries. Market experts anticipated a scenario where participants would flock to the leading cryptocurrency as macro conditions affect stocks; however, the opposite has been the case. Ki Young Ju, the founder and CEO of the on-chain analytics platform CryptoQuant, insisted in an X post that, against popular opinion, bitcoin is not yet digital gold. However, he sees a silver lining in this situation. Not Digital Gold Yet Bitcoin has been named digital gold because of its security, limited supply, and generally believed role as a store of value. These characteristics are similar to gold’s, which has a finite supply that enhances its value as a long-term store of wealth. As global economic tensions, triggered by trade tariffs imposed by U.S. President Donald Trump, began in February, many market experts believed BTC would record a significant inflow of capital due to investors leaving the stock market for cryptocurrencies. Even Arthur Hayes, the co-founder of the crypto derivatives exchange BitMEX, thinks the economic chaos stemming from Trump’s tariffs would lead to a monetary easing cycle that will be bullish for BTC. While the market awaits the manifestation of such predictions, cryptocurrencies have been hit just as hard as stocks in the past two months, with BTC recording its deepest correction in this cycle. Ju said tariff experts on X have been “playing 6D chess” since the macro issues began. He explained that uncertainties like this drive demand for safe-haven assets, insinuating that BTC is not seen as such yet. Proof of the CryptoQuant founder’s opinion is that gold has surged by 11% since Trump returned to the White House, while BTC is down more than 25% over the same period. BTC Now in Bear Season Despite bitcoin’s questionable status as digital gold, Ju believes the good news is that BTC will eventually surpass gold’s $20 trillion market cap. The cryptocurrency’s market cap currently sits at $1.6 trillion. Additionally, the CryptoQuant CEO insisted that BTC has entered a bearish phase but is still bullish about the asset’s long-term potential. Ju’s short-term bearish bias for BTC substantiates his claim that the cryptocurrency has wrapped up its bull run for this cycle. Less than a month ago, he said every on-chain metric signals that BTC is in a bear market, so investors should expect 6-12 months of bearish or sideways price action, especially with fresh liquidity drying up. The post Bitcoin Isn’t Digital Gold Yet — But There’s a Silver Lining, Says CryptoQuant Founder appeared first on CryptoPotato .
The U.S. Securities and Exchange Commission’s clarification about the nonsecurity status of covered stablecoins allows businesses utilizing them to operate without the stringent regulations applied to securities. This is an opinion editorial written by Nathaniel Luz, the co-founder & CEO of Flincap, a platform for OTC crypto exchanges in Africa. SEC Clarification: Big Win for