Loading ...Bitcoin’s price has surged above $90,000 today, marking its highest level since early March 2025. Several key factors are contributing to this rally:Bitcoin News+6TradingView+6Investopedia+6
💵 Weakening U.S. Dollar
Recent political tensions have led to a decline in the U.S. dollar’s value. President Trump’s public criticism of Federal Reserve Chair Jerome Powell, including calls for his removal, has unsettled traditional markets. This uncertainty has prompted investors to seek alternative assets like Bitcoin and gold .DIE WELT+5Finger Lakes 1+5Finger Lakes 1+5
🏦 Institutional Investment
Major financial institutions such as Fidelity, BlackRock, ARK Invest, and Bitwise have increased their Bitcoin holdings, signaling strong institutional confidence in the cryptocurrency’s long-term value. Notably, U.S. spot Bitcoin ETFs saw over $380 million in inflows on Monday, the most since January 30 .Finger Lakes 1Coinpedia Fintech News+2CoinDesk+2Finger Lakes 1+2
📈 Technical Momentum
Bitcoin is trading well above its 20-day and 50-day moving averages, often considered bullish momentum indicators. Analysts point to a “golden cross” pattern forming—when short-term averages cross above long-term ones—as a sign that Bitcoin could soon test the psychological $92,000 resistance level .Finger Lakes 1
🧠 Market Sentiment
The Crypto Fear & Greed Index has moved into “Greed” territory for the first time since mid-March, reflecting rising confidence in the market. Altcoins like Ethereum and Solana are also seeing gains, and social media activity and search volume for “Bitcoin” and “buy BTC” are trending upward .Finger Lakes 1
As of April 22, 2025, Bitcoin is trading around $90,900, up approximately 4% in the past 24 hours. Analysts suggest that sustained institutional interest and macroeconomic factors could propel Bitcoin toward the $100,000 milestone .Finger Lakes 1+3Coinpedia Fintech News+3Finger Lakes 1+3Finger Lakes 1+1
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