BTC Eyes 100 thousand dollars amid the mitigation of the trade war and the advertisement of your Trump dinner: Your weekly summary
A little more than two weeks have passed when the prevailing feelings in the cryptocurrency market were whether the bull had ended prematurely, as the BTC price decreased to its lowest level in five months of less than 75,000 dollars. Now, the original pays more than $ 95,000.
A large part of these gains came last week. We also explained in the market update from last Friday, the previous week went somewhat calmly, with BTC prices trading sideways about $ 85,000. The weekend was similar, but the bulls ascended the pedal on Monday and did not look back.
At the time, Bitcoin jumped more than three Grand and got out of its narrow range, playing $ 86,000 the upper border role. Just one day later, the cryptocurrency rose to $ 90,000 for the first time since early March, and the gains continued to come.
Perhaps some Reports The demand for the trade war between the United States and China has calmed down, at least at the present time, Bitcoin flew after 95,000 dollars earlier today to celebrate two months old. Of course, the feeling has changed again, and the crowd now asks whether it is $ 100,000 will decrease after that and when we will see the highest new level ever.
Given the weekly graph, the BTC performance is very impressive. The original gained more than 12 %. However, many altcoins have published more prominent price gains, such as Sol, Doge, Ada, Link and Avax, and of course Sui, which rose 75 % for trading at $ 3.7 now.
Market data
The maximum market: 3.09t $ | 24h Volume: 115 billion dollars BTC dominance: 61.3 %
BTC: 95300 dollars (+12.8 %) | Eth: $ 1,807 (+13.7 %) | XRP: $ 2.21 (+6.6 %)
Curd addresses for this week you cannot miss
ARK Invest explains how Bitcoin (BTC) can release up to $ 1.5 million by 2030. ARK Invest Cathie Wood is still very about the Bitcoin price capabilities by increasing its long -term prediction to between $ 1.5 million and $ 2.4 million per BTC. You can check the Ark logic here.
Bitcoin (BTC) shows flexibility because it strengthens and dismantles stock markets. After the shock caused by the customs tariffs and the price massacre, the recovery mentioned above has restored a lot of hope to the market. Moreover, the assets are separated from the traditional stocks, which showed strength and flexibility, said Cryptoquant.
Etfs Bitcoin has recorded the largest flows since the opening of Trump in January. The economic uncertainty that Trump’s trade war has led to large flows of investment funds in BTC over the past few months. However, the trend has now changed, with several consecutive days of net flow. Moreover, April 22 has become the highest day of clear flows since Trump’s inauguration.
Dinner with the President: Whales are crazy like Trump. Among the most controversial news coming from US President Trump regarding the encryption community this week, the update on the Trump Meme Coin website showed that the best 220 carcasses will have an opportunity to attend a private dinner with Potus. Of course, this led to immediate purchase fluctuations and prices.
Charles Hoskinson says Ethereum may not survive the next decade. During another session of Ama, Charles Hoskinson, who was not just the brain behind Kardano, but also helped establish Ethereum, said that the recent struggles would continue in the next decade and warned that the second largest Blockchain network might not survive.
Arthur Hayes predicts the amount of $ 200,000 bitcoin, which is fueled by the cabinet marriage. While ARK Investt expects the BTC price in millions (dollars) in the next 5-6 years, Arthur Hayes was more modest, making the original could rise to $ 200,000 but in a shorter time frame. He believes that the return of the Treasury Ministry will be a major reason behind this possible gathering.
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