- BTC has sassily reclaimed $94K, thanks to a brief ceasefire in the U.S.-China circus and Trump’s latest plot twist.
- SUI strutted a 25% leap, ETH nonchalantly added 10%, while SOL and XRP tagged along with a cheeky 10% each.
On the 23rd of April, Bitcoin [BTC] decided to dust off its feathers and swaggered back to a lofty $94K, coaxing the altcoin crowd to join the fancy ball.
Ethereum [ETH], like the eager debutante it is, pirouetted a neat 10% gain, flirting just shy of $1800. How very civilized.
Meanwhile, Solana and XRP sashayed upwards by 8%, charming $150 and $2.2 price tags, respectively. But the real headlines belong to the mid-cap mischief-makers: Sui [SUI] exploded with a dazzling 25%, and Avalanche [AVAX] strutted a respectable 12%.
What’s fueling this merry crypto frolic?
Market fortune-tellers whisper that a rare moment of U.S.-China détente on tariffs has spritzed the air with optimism, coupled with President Trump abandoning his grand plan to oust Fed chair Jerome Powell—because who doesn’t love a political volte-face?
Bloomberg’s chaps report Treasury Secretary Scott Bessent declared the China standoff “unsustainable,” a polite way of saying “please, let’s all just get along.”
As if that wasn’t thrilling enough, Trump chimed in during a media rendezvous:
“I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates.”
One can almost hear the sigh of relief echoing through Wall Street as these two soap opera twists sent US dollar assets into a minor tailspin, finally leading BTC to uncouple from its stock-market leash.
With this newfound peace and clarity (a rare cocktail), Bitcoin and its risk-loving comrades danced harder on the trading floor.
Institutional buyers, evidently feeling the joie de vivre, turned up with a staggering $936 million plopped into U.S. spot BTC ETFs on Tuesday—making January look positively sedate.
Arthur Hayes, the oracle behind BitMEX, boldly forecasts Bitcoin’s runway stretching up to $110K and possibly even $200K, citing some mysterious “dollar liquidity” wizardry.
Tracy Jin, COO of MEXC exchange and a woman who clearly likes a good party, shares the same optimism. She confided to AMBCrypto that BTC’s dance card is far from full:
“This scenario (portfolio diversification) could push Bitcoin to all-time highs in the $150,000–$200,000 range, followed by a gradual decline in volatility. Until those peaks are reached, the market remains an open invitation.”
Read More
- Unleash Your Heroes’ True Potential: Best Stadium Builds for Every Overwatch 2 Hero
- Lucky Offense Tier List & Reroll Guide
- Indonesian Horror Smash ‘Pabrik Gula’ Haunts Local Box Office With $7 Million Haul Ahead of U.S. Release
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Best Crosshair Codes for Fragpunk
- Elder Scrolls Oblivion: Best Mage Build
- SWORN Tier List – Best Weapons & Spells
- Unlock All Avinoleum Treasure Spots in Wuthering Waves!
- Why Yellowstone and Virgin River Fans Can’t Miss Netflix’s Ransom Canyon This Week!
- WARNING: Thunderbolts Spoilers Are Loose – Proceed with Caution!
2025-04-24 03:16