Coin overview
ATH
Ended--
Last price (USDT)
301.74K
24h total (USDT)
1.14M
Total vol (USDT)
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
Trading time (UTC+0)
2024-06-13 04:00:00
Delivery time (UTC+0)
Total supply42.00B
Resources
Introduction
Aethir is the only enterprise-grade AI-focused GPU-as-a-service provider in the market. It's a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet enterprise clients who need powerful H100 chips for professional AI/ML tasks. Aethir also supports cloud gaming clients with their virtual computing phones and GPU's through contracts with the world's largest telecommunication company. Everything within the Aethir ecosystem will be decentralized and community-owned.
Bitcoin Following Gold’s Footsteps? Analyst Sets Mid-Term Target At $155,000
As gold continues to set new all-time highs (ATH) – trading at $3,333 per ounce at the time of writing – Bitcoin (BTC) has seen more subdued price action, consolidating in the mid-$80,000 range. However, analysts suggest that the top digital asset may soon mirror gold’s recent momentum. Bitcoin Set To Follow Gold’s Momentum? In a recent post on X, crypto trading account Cryptollica hinted that BTC may be poised to replicate gold’s historic price movement seen over the past few months. The account shared the following chart, highlighting the striking similarities between the price actions of gold and BTC. The chart shows both gold and BTC forming a macro-bottom around early 2023, followed by a rejection at the range top in early 2024. Gold eventually broke out in the following months, while BTC lagged slightly, breaking out around November 2024. According to Cryptollica, BTC now appears to be breaking out of a consolidatory wedge pattern, with a potential mid-term target as high as $155,000. Currently, Bitcoin’s ATH stands at $108,786, recorded earlier this year in January. BTC is also likely to benefit from several favorable macroeconomic trends. For example, the global M2 money supply is expected to increase in 2025, a development that typically supports risk-on assets like Bitcoin. BTC Maturing As A Safe Haven Asset Beyond technical chart patterns, BTC has demonstrated remarkable resilience amid escalating global tariff-induced uncertainty. According to the latest The Week On-Chain report, both gold and BTC have performed well during the ongoing tariff war. The report notes: Amidst this turmoil, the performance of hard assets remains remarkably impressive. Gold continues to surge higher, having reached a new ATH of $3,300, as investors flee to the traditional safe haven asset. Bitcoin sold off to $75k initially alongside risk assets, but has since recovered the week’s gains, trading back up to $85k, now flat since this burst of volatility. The report also mentions that BTC recently experienced its largest price correction of the 2023–25 cycle, a -33% drawdown from its ATH earlier this year. However, this correction remains relatively modest compared to those seen in previous market cycles. The following chart illustrates BTC bull market correction drawdowns since 2011. As shown, the recent -33% correction is the shallowest among past cycles, with the deepest being -72% during the 2012–14 bull market. While BTC continues to show signs of maturing as a reliable asset during times of geopolitical uncertainty, institutional investors appear to be taking profits. This is evidenced by recent outflows from Bitcoin exchange-traded funds (ETFs). At press time, BTC is trading at $84,694, up 0.7% in the past 24 hours. Featured image from Unsplash, charts from X, Glassnode, and Tradingview.com
Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3
Bitcoin (BTC) has rebounded above $85,000, with a predicted rise to $137,000 by Q3 2025. US Treasury’s $500B liquidity boost and ETF inflows drive the bullish Bitcoin price prediction. However, risks like US debt ceiling talks and failure of the coin to break $85,000 resistance could push the BTC price lower. Bitcoin’s price trajectory over the past few days has captured the crypto community’s attention as it stabilizes above $85,000 after a recent dip below $80,000 following US President Donald Trump’s Liberation Day tariffs. Analyst Titan of Crypto has forecasted that Bitcoin (BTC) could soar to $137,000 by the third quarter of 2025, igniting excitement among cryptocurrency enthusiasts. #Bitcoin $137,000 in the Cards? 🚀 #BTC has formed a bull pennant on the daily chart. If it plays out, a new ATH could be reached — right against current market sentiment. Let’s see if price can break to the upside in the coming week! pic.twitter.com/Irr01KLvSE — Titan of Crypto (@Washigorira) April 13, 2025 This ambitious prediction hinges on a blend of technical indicators and macroeconomic trends currently shaping the market. Why Bitcoin (BTC) price could hit $137,000 One of the factors behind Titan’s Bitcoin price prediction is the massive US Treasury liquidity injections. The US Treasury has injected $500 billion into the markets since February 2025, reducing its Treasury General Account from $842 billion to $342 billion, significantly boosting liquidity in the markets. This move elevated the net Federal Reserve liquidity to $6.3 trillion, with forecasts suggesting it could climb to $6.6 trillion by August if debt ceiling negotiations persist. 📈 Fed liquidity is rising Net Federal Reserve Liquidity has increased by around $500bn since February. It's not really having any positive impact on risk asset prices with everything else going on. But it is happening. Here's what is occurring and what to expect next…… https://t.co/VZJgGnDySS pic.twitter.com/IIsDJBuABq — Tomas (@TomasOnMarkets) April 13, 2025 According to historical trends, BTC has exhibited an 83% correlation with global liquidity over the past year, often outperforming traditional assets like stocks and gold. For example, past liquidity surges in 2022 and 2023 preceded notable Bitcoin rallies, hinting that the current environment could pave the way for another upward surge. On the technical front, Titan of Crypto points to a bullish pennant pattern on Bitcoin’s daily chart, suggesting a potential 60% rally to $137,000 if it breaks the 200-day EMA near $90,000. Bitcoin has struggled to overcome this resistance around $85,000 since late February, but a decisive close above it could shift momentum firmly in favour of the bulls. Adding to the optimism, Bernstein analysts had predicted that over $70 billion in Bitcoin ETF inflows in 2025 could push prices as high as $200,000, reflecting growing institutional adoption. The April 2024 halving, which slashed mining rewards to 3.125 BTC, further supports this narrative, as previous halvings have triggered bull runs exceeding 600% gains. Beyond technicals, macroeconomic factors like recent tariff exemptions have lowered US Treasury yields, easing pressure on risk assets and creating a fertile ground for Bitcoin’s growth. Market sentiment also leans bullish, with buy-side liquidity on exchanges like Binance outpacing sell-side by a factor of 10, while large investors shift BTC to cold storage, signaling long-term confidence. The risks to Bitcoin’s climb However, risks loom on the horizon, as an early US debt ceiling resolution could cap liquidity at $6.3 trillion, potentially stunting Bitcoin’s ascent. Renewed trade war fears or geopolitical tensions could also drive investors toward gold, leaving Bitcoin vulnerable to a shift in safe-haven preferences. Technically, failure to breach the 200-day EMA could trap Bitcoin below $85,000, risking a drop to supports at $78,000 or $74,500. Despite these challenges, the broader 2025 outlook remains bright, with price targets ranging from $137,000 to $250,000, fueled by ETF inflows, corporate uptake, and post-halving dynamics. Companies like Semler Scientific, planning to raise $500 million to buy more BTC , exemplify the rising corporate embrace of Bitcoin as a treasury asset. Meanwhile, potential US-China trade talks could further enhance risk-on sentiment, benefiting speculative assets like Bitcoin if tensions ease. In the mining sector, increased selling by miners due to lower profitability, evidenced by 15,000 BTC outflows on April 7 when prices hit $74,000 according to the weekly CryptoQuant’s report , presents a short-term hurdle. Bitcoin miner CleanSpark on Tuesday announced it has secured a $200 million Bitcoin-backed credit facility from Coinbase Prime, shifting away from its previous 100% Bitcoin HODL strategy. The company will now begin selling part of its monthly BTC production to support growth and fund operations. However, the robust demand from institutional and retail investors appears poised to absorb this supply, maintaining upward pressure on prices. Ultimately, Titan of Crypto’s $137,000 Bitcoin price prediction by Q3 2025 rests on a compelling mix of liquidity trends, technical potential, and institutional momentum, offering a plausible glimpse into Bitcoin’s near-term future.
Bitcoin Set to Hit ATH in 2025, Expert Predicts 77% Probability Based on Mathematical Data
According to a mathematical analysis by financial expert Fred Krueger, Bitcoin (BTC) has a 77% chance of reclaiming its all-time high (ATH) this year. His outlook adds to other experts’ predictions, who see a declining US Dollar Index (DXY) and rising M2 global liquidity as key catalysts for Bitcoin’s next bull run. Will Bitcoin Hit an All-Time High in 2025? In a detailed post on X, Krueger applied the Geometric Brownian Motion (GBM) model to estimate the probability of Bitcoin rising from its current price of around $85,000 to $108,000 by 2025. For context, GBM is a mathematical model commonly used to represent the behavior of asset prices in finance. The model assumes that the logarithm of the asset price follows a Brownian motion with drift. In simpler terms, this means that the asset price has two components: A deterministic trend (drift) represents the asset’s expected return over time. It is often expressed as a constant percentage rate. A random component (stochastic part) accounts for the volatility or unpredictability of asset price. It is modeled as a Wiener process (i.e., random fluctuations). GBM serves in various financial applications, including pricing options, forecasting future asset prices, and assessing portfolio risks. For his analysis, Krueger initially assumed BTC follows a GBM with zero drift and 80% volatility. This yielded a 65% chance of Bitcoin reaching its all-time high of $108,000. However, he then adjusted the model to incorporate the coin’s historical growth trend, applying a 40% power law drift. “This increases the mathematical odds to 77%. ChatGPT ran a simulation which confirms this result,” Krueger stated. The analyst’s revised forecast challenges figures on prediction markets. On Polymarket, the odds of BTC hitting an ATH before 2026 are much lower at just 52%. “This is wrong and can be arbitraged by dynamic hedging,” Krueger claimed. Notably, the odds are even lower on Kalshi. It estimates a 23% chance of Bitcoin reaching a new high of $150,000 in the same timeframe. Meanwhile, sharing Krueger’s positive outlook, another analyst foresees an upcoming bull run, citing a strong correlation with M2 Global Liquidity and a weakening US dollar. “April would be the month where Bitcoin marks the full bottom and starts the leg up and this has already begun this week!” he wrote on X. He emphasized that M2 Global Liquidity reaching a new ATH is a bullish indicator for Bitcoin, which typically follows with a 75 to 105-day lag. Additionally, the DXY’s drop to a 3-year low, coupled with the inverse correlation between DXY and BTC, further fuels optimism for Bitcoin’s potential growth. “Now that M2 is rising strongly, the next step is the rotation of profits from gold into Bitcoin. This is already happening and explains why Bitcoin jumped from the super cycle entry zone at 74,000-76,000 to 86,000. It’s all playing out as expected,” he noted. The analyst expects a short-term pullback to $80,000. However, he remains bullish long-term. According to him, BTC could reach $550,000 to $650,000 by 2030, driven by currency debasement and Bitcoin’s fixed supply. Bitcoin Price Performance. Source: BeInCrypto Currently, Bitcoin trades around 22.1% below its all-time high. BeInCrypto data showed that it declined 0.6% over the past day. At press time, BTC’s trading price stood at $84,338.
3.6 Billion In Bitcoin Swallowed In 24 Hours... What If It Was A Sign?
As Donald Trump was reigniting his trade war with China, causing sudden volatility in the markets, bitcoin whales seized the opportunity. On April 9, 2025, so-called “accumulation” addresses received 48,575 BTC, amounting to $3.6 billion — the largest daily influx since February 2022. Bitcoin Whales: A Troubling Coincidence Between 2022 and 2025 Donald Trump’s announcements about rising tariffs caused a shock in the crypto market, with $200 million liquidated in 24 hours . Three days later, on April 9, 2025, bitcoin whales absorbed 48,575 BTC, representing $3.6 billion — a record never reached since February 2022. These addresses, often associated with a long-term conservation strategy, are known to buy during pullback phases. For comparison, BTC was worth about $38,400 in 2022, compared to $76,000 at the time of purchase, which shows that these players remain active, regardless of price levels. BTCUSD chart by TradingView Meanwhile, data from Santiment highlighted 132 new addresses holding more than 10 BTC created in just 24 hours. This double signal, both quantitative and behavioral, reflects a strengthened confidence from whales and sharks in the market’s resilience. In times of geopolitical uncertainty, bitcoin seems more than ever to play its role as a safe haven. Is the BTC ATH in June Confirmed? This massive accumulation by whales could signal something bigger, namely, a surge in bitcoin. Indeed, this buying strategy during market pullbacks coincides with optimistic forecasts where some analysts anticipate a new BTC ATH in June 2025! On-chain data and the increase in wallets holding more than 10 BTC reinforce this bullish outlook. All of this data shows that major market players are not fleeing from volatility, but rather exploiting it. At every political tension, they seem to see a strategic buying opportunity. This new massive influx of bitcoin confirms a typical behavior of whales: buying the dips, regardless of the cause. To be monitored closely, as these signals can precede major bullish movements .
Bitcoin Weekend Pump to $85K: Is the Rally Real or a Trap?
This weekend, Bitcoin (BTC) pushed up 5% to once more flirt with $85,000, but seasoned analysts aren’t cheering just yet, suspecting a fakeout. Crypto investor Daan Crypto Trades dropped a spicy warning, noting that the number one cryptocurrency has formed weekend gaps for six weeks in a row, with its price retracing hard by midweek every single time. Weekend Mirage Strikes Again? The market watcher pointed out that Bitcoin’s weekend pumps, often fueled by low liquidity and hype, tend to reverse within days. “Whenever a move is made during the weekend, it almost always retraces that move within the same following week,” he cautioned his 403,000 followers on X. “So the saying usually is to not always trust the weekend move, even if it extends a little further early in the week,” he added, sharing a chart of BTC’s recent “gap-and-trap” pattern. But not everyone is buying the dip doom narrative. In his usual provocative fashion, former BitMEX CEO Arthur Hayes declared, “It’s on like Donkey Kong,” pointing to signs that the U.S. Federal Reserve may unleash more liquidity to stabilize the bond market. “Buy everything,” he posted after reports emerged that a top Fed official had admitted the central bank is ready to intervene. The perma-bull is betting that such a move could be the catalyst that rockets BTC into what he calls “UP ONLY” mode. 75% Say New ATH Coming Hayes isn’t alone in his optimism. A poll by crypto commentators Altcoin Daily shows 75.5% of crypto enthusiasts believe Bitcoin will smash a new all-time high (ATH) before the end of 2025. Hayes himself has predicted $250,000 by year’s end as long as macro tailwinds hold. The weekend pump pushed BTC to over $85,000, up from a low of $81,500, per CoinGecko data. A slight 0.5% reversal across seven days means that BTC is only marginally outperforming the broader crypto market, which is down 0.9% over the same period. Still, its dominance stands at 60.5%, with $31.3 billion in daily volume and a $1.65 trillion market cap. However, the king cryptocurrency is down 23% from its all-time high of $108,786, recorded earlier in the year. And with liquidity thin over the weekend, one wrong headline could send prices spiraling into the new week.
Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally
Bitcoin long-term holders resume net accumulation after six months of selling pressure. BTC price jumps 12% to $83,615 since early April amid rising investor confidence. Realized cap exceeds $18B; bullish confirmation depends on sustained accumulation. Bitcoin’s long-term holders (LTHs) started buying again after a long stretch of selling that started late October 2024. The LTH Net Position Change reading (30-day total) turned positive April 6, 2025—the first time in six months. This points to a change in feeling among these holders and could set the stage for a market upturn. This change follows a large price drop where Bitcoin fell almost 32% from its November highs. How LTH Selling Stopped as Bitcoin Price Climbed Back Above $80k During the earlier selling period, deep red bars on the LTH metric reflected sustained sell-offs, culminating in a historic low of -827,750 BTC in early December. The distribution was largely blamed for dragging BTC down to sub-$75K levels. However, recent price action tells a different story. Since the beginning of this renewed accumulation, Bitcoin has rebounded by 12%, currently trading near $83,615. Bitcoin: Long-Term Holder Net Position Change – 30D Sum What Other Market Signs Align With Renewed LTH Interest? The uptick in LTH buying coincides with a rise in Bitcoin’s realized cap, which has now surpassed $18 billion—its highest reading since September 2024. This reading often came before wider market upswings previously. Also, futures market funding rates turned positive (0.0037%), suggesting more traders bet on higher prices. Related: ‘Fed on the Clock’: Hayes Links Bond Market Stress to Coming Bitcoin Gains Why Current LTH Buying Isn’t Yet a Strong Bull Market Signal Although LTH buying returned, analysts remain measured in their optimism. In past cycles, such as mid-2023, net position changes above +250,000 BTC served as strong indicators of incoming bull runs. The current buying level, while welcome, is still low and needs to grow consistently to show a lasting turnaround. Bitcoin Now Tests Key $83.8k-$84k Resistance: What’s Next? BTC/USD chart (March 2025 – April 2025) As of April 12, Bitcoin is currently testing a key confluence zone near $83,800, where the 100 EMA and a descending trendline intersect. Despite recent bullish momentum and a breakout from the symmetrical triangle, BTC is showing signs of hesitation at resistance. A clean break above $84,000 could trigger further upside, while rejection here may lead to a pullback toward the 50 EMA near $82,100. Related: This Is The Indicator That Called Bitcoin’s Last ATH Run – And It’s Back Even with these risks, the change from heavy LTH selling to net buying is a key psychological turning point for the market. Since LTH actions often come before wider market direction changes, the next few weeks seem vital to determine if this is just a short jump or the start of a larger market repair. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
This Is The Indicator That Called Bitcoin’s Last ATH Run – And It’s Back
An analyst spotted a critical signal for risk assets. The dollar index dropped below 100 for the first time since 2023. A weakening US dollar boosts investors’ appetite for risk assets. An analyst on X has spotted a developing signal that could trigger a bullish run for cryptocurrencies and risk assets. In his latest post, the analyst showed how the dollar index fell below 100, a scenario that historically coincides with crypto market rallies and surges in risk asset prices. When DXY Last Broke 100, Bitcoin Began its Run to New Highs The analyst’s post highlighted a pattern, revealing that the metric under review had not crossed below 100 since 2023 despite testing the support repeatedly. The last time it happened coincided with Bitcoin’s recovery from the extended bear market, leading to the 2024 bull run that saw the cryptocurrency reach a new all-time high. Related: “Once You See This, the Game Becomes Easier”: Analyst on Bitcoin Bull Run How a Weaker US Dollar Can Fuel Crypto Risk Asset Gains For context, a falling dollar index reflects a drop in the value of the US dollar, suggesting a weakening economy for arguably the world’s largest market. Investors observing the situation seek protection for their wealth, leading them to pursue alternative investment sectors away from the mainstream, which is dollar-denominated. Many investors consider the dollar index a crucial analysis tool, where a drop below 100 represents a significant macro signal. As an alternative explanation, a weaker dollar boosts liquidity appetite, which triggers a move towards risk-on assets like equities, cryptos, and real-world assets (RWAs). DXY Signal Appears as Bitcoin Recovers From Post-Tariff Dip TradingView data shows that the newest dollar index dip coincides with Bitcoin’s recovery from a quick fall below $75,000 for the first time in 2025. Many analysts feel that this drop pushed BTC into a demand zone. They believe this will trigger a sustained rally as soon as the volatility caused by Donald Trump’s new tariff policies settles. Related: Trump Tariffs Shock Markets: Crypto Loses $100B, Bitcoin Price Unstable Bitcoin traded for $82,812 after recovering from the crash. Bouncing off notable support and aligning with crucial bullish signals has increased BTC’s momentum, leading many analysts to predict an upcoming rally for the crypto market soon. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Peter Schiff: Bitcoin ‘Born From’ 2008 Crisis; 2025 Crisis ‘Will Kill It’
Schiff frames BTC as speculative asset doomed by next crisis, ignores BTC evolution Insight: “Doomed bubble” narrative clashes with Bitcoin’s monetary tool reality Core disconnect: Schiff’s critique vs. Bitcoin’s real-world use expansion Bitcoin’s status as a hedge against economic trouble is challenged again by Peter Schiff. Posting on X, Schiff stated: “Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.” Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it. — Peter Schiff (@PeterSchiff) April 10, 2025 This strong claim comes as Bitcoin wades through unsteady politics and bearish technicals. Bitcoin Rebounds on Tariff Delay, But Do Technicals Look Bearish? After dipping below $75,000 earlier this week in response to US tariff threats, BTC rebounded, now trading nearabout $81,300 . The rebound came after Trump delayed tariffs for 90 days (excluding China)—easing market worries for now. Still, some question if the rally can last. Analyst Ali Martinez points to several bearish indicators on the daily chart. He notes that a death cross has formed, the SuperTrend remains in ‘sell’ mode, and the monthly open of $82,500 continues to act as resistance. While the recent #Bitcoin $BTC bounce has been strong, the higher time frames suggest caution: – Death cross recently formed on the daily chart – SuperTrend indicator still shows "Sell" – Monthly open at $82,500 acting as resistance – Descending trendline from ATH sits around… pic.twitter.com/ugF6fawUeE — Ali (@ali_charts) April 10, 2025 Related: ‘Fed on the Clock’: Hayes Links Bond Market Stress to Coming Bitcoin Gains Further hurdles include a descending trendline from the all-time high around $84,000, with the 50-day and 200-day moving averages hovering near $85,800 and $87,000, respectively. That said, Martinez also highlights that $94,500 remains a key upside target if Bitcoin can push through its current resistance levels. Bitcoin Price Analysis Looking at the chart below, it is clear that BTC is hovering near the middle Bollinger Band ($83,138), showing signs of consolidation. The lower band at $77,043 has been tested recently, indicating buyers stepped in at support. The narrowing bands suggest a potential breakout is on the horizon—though the direction remains uncertain. Meanwhile, the Relative Strength Index (RSI) is currently at 46.47, sitting in neutral territory, neither overbought nor oversold. If the RSI climbs above 50 and confirms with a volume spike, a rally toward $85,000–$87,000 could be in play. Related: Trump’s 90-Day Tariff Pause Can’t Shake Polymarket’s 65% Recession Odd While Schiff Predicts Doom, Is Global Bitcoin Adoption Accelerating? Ironically, Schiff’s prediction comes as Bitcoin adoption accelerates globally. Matthew Sigel , head of digital asset research at VanEck, noted geopolitics and policy responses shape Bitcoin’s narrative. Sigel added Bitcoin beat Nasdaq over main time periods. He suggested central bank actions—if tariffs slow GDP without boosting inflation—could help digital assets. From Speculation to Settlement: How Bitcoin’s Use Cases Challenge Critics Bitcoin now is increasingly being used for international settlements. China and Russia are settling energy trades in Bitcoin and other digital assets. Bolivia plans to import electricity using crypto, and even French energy giant EDF is considering Bitcoin mining using surplus power. These use-cases suggest Bitcoin is changing from speculative asset to monetary tool—useful for nations wanting options beyond the USD or US financial systems. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin drawdown widened to 27% near FTX levels amid US-China trade tensions
Bitcoin has endured its most significant drop since the collapse of FTX in late 2022, with market pressure mounting due to escalating global tariff disputes. While markets have taken a breather after Donald Trump announced a 90-day pause on reciprocal tariffs, the pain is not necessarily over. According to data from CryptoQuant, Bitcoin’s drawdown, a measure of how far the asset has fallen from its all-time high, widened to 27%. Bitcoin Drawdown Since 2023. (Source: CryptoQuant) This figure, while painful, was still modest compared to past bear markets. In 2018, Bitcoin plummeted 83% from its ATH and the 73% decline during the 2022 downturn triggered by cascading crypto failures. Even so, the downturn took a toll on holders. CryptoQuant data shows that 25.8% of Bitcoin’s circulating supply, or roughly 5.12 million BTC, was underwater yesterday. These coins were acquired at prices above the current market rate, leaving many investors with unrealized losses. Bitcoin Supply in Loss (Source: CryptoQuant) Market observers have linked the correction to the broader macroeconomic conditions, particularly the geopolitical tensions between the United States and China. The renewed trade tariff threats have rattled global financial markets, eroding investor confidence. This uncertain environment has spilled over into the digital asset space, with Bitcoin, Ethereum, and other major cryptocurrencies having suffered steep losses over the past week. The post Bitcoin drawdown widened to 27% near FTX levels amid US-China trade tensions appeared first on CryptoSlate.
FIL Price Over $150 Emerges as Filecoin Shows Highly Bullish Signals Amid Bitcoin Mirroring 2024 Correction
Bitcoin mirrors the same correction it made in 2024, preceding a bullish pump. Altcoin Filecoin shows highly bullish signals preparing for an altseason pump. Analyst expects the price of FIL to pump to over $150 in altseason peak. Bitcoin and the crypto market’s latest price drop event has led to brutal prices across the crypto market. However, despite the fall in altcoins followed by Bitcoin’s fall to $75,000 from the $80,000 price range, altcoins continue to show strong bullish indicators signaling the long-awaited arrival of altseason with FIL targeting over $150 pump target as Filecoin shows highly bullish signals amid Bitcoin mirroring 2024 correction. Bitcoin Mirrors 2024 Correction #Bitcoin Fractal 📊 #BTC seems to be mirroring its 2024 correction: 2024: -33% drop 2025: -32% drop Daily close above a key level in both cases Let’s see if today closes above $78,500. pic.twitter.com/3AH6KryPWf — Titan of Crypto (@Washigorira) April 7, 2025 Analysts mark the latest Bitcoin price dip as a repeating pattern similar to the dip in 2024. As we can see from the post above, this analyst highlights what he notices to be a Bitcoin Fractal. He says that the pioneer cryptocurrency seems to be mirroring its 2024 correction, marking the 33% drop in 2024 and comparing it with the 32% drop in 2025. He says a daily close above a key level also followed through in both cases. The last time Bitcoin made this same pattern in 2024, the asset saw an exponential rise in prices and went on to set a string of new ATHs. Now, if history were to repeat itself, it looks like Bitcoin could be preparing to set another string of new ATHs giving strength to all the BTC price predictions taking the price of BTC to $116,000 to $350,000 . Depending on the support and timings, BTC could go on to hit much higher targets in the coming months. #Altcoins Things are starting to get interesting for alts tbh. pic.twitter.com/IuArFHdUH2 — 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) April 7, 2025 What’s more, this also draws attention to the prediction of a double-cycle top price for BTC during this bull cycle. Following the expected pump to a new BTC ATH, altcoins prices are finally likely to follow ushering in altseason and a string of new ATHs for promising and capable altcoins in the market. Based on the post above, altcoins are showing highly interesting patterns on its own price chart, hinting at a major remarkable price pump. We continue to target $150+ in $FIL (Filecoin)… https://t.co/EMLSPgCpCZ pic.twitter.com/mRQFmYkvsx — JAVON⚡️MARKS (@JavonTM1) April 7, 2025 Filecoin Could Surpass $150 This Altseason Peak One altcoin showing strong bullish patterns is Filecoin (FIL) . As we can see from the post above, this reputed analyst is certain that the price of FIL will pump to hit a bullish target of over $150 in the peak of the ongoing altseason. According to CoinMarketCap analytics, the price of FIL is presently at $2.32 with a total market cap of $1,504,063,635.92 and a 24-hour trading volume of $254,001,949.28. Its previous ATH was set at $237.24, 4 years ago, meaning even with a pump of to hit $150, it is unsure if FIL will set a new ATH this bull cycle.
Web3 AI project DecentralGPT completes angel round and A round strategic financing of $3 million in assets
Web3 AI project DecentralGPT recently announced the completion of a $3 million equivalent angel round and A round of strategic financing. This round of financing was led by the globally renowned digital asset investment firm AGICrypto Capital, with participation from several top institutions in the Web3 field such as Cherry Ventures, BTR Capital, DePINX, and Aethir. The new funds will be used to accelerate the development of core modules such as multimodal large model support and zero-knowledge proof privacy layer. Against the backdrop of centralized giants like OpenAI frequently getting caught in data security disputes, DecentralGPT's decentralized practice may become a key driver in reshaping the power structure of the AI industry.
Top Analyst’s BTC Price Outlook: Three Scenarios Point Higher Despite Drop
Bitcoin dips below $75k from tariff concerns; trades ~$77k, down 8% weekly Analyst Egrag Crypto stays bullish, outlines $97k-$177k+ BTC cycle scenarios Context: Egrag’s bullish cycle view clashes with current bearish technical signals Bitcoin’s price saw significant turbulence this past week, sliding under the $75,000 mark for the second time recently. It currently trades around $77,087.10—down 3% in the last 24 hours and 8.16% over the past seven days. This volatility comes as global financial uncertainty grows, partly linked to the United States imposing a steep 104% tariff on Chinese goods under President Donald Trump’s administration. Markets reacted with broad sell-offs, pulling down risk-on assets including virtual currencies. #BTC -We Are Still in a Bull Run-ONLY FEW 🧠 As long as #BTC is trending above the 21 EMA, there’s no need to worry! Here are three scenarios for #BTC : 🔴 Retracement: ✔️The peak was $109K, and #BTC may retrace to Fib 0.702 ($97K). During this phase. ✔️ #Alts will outperform… pic.twitter.com/dtqPyk0UUB — EGRAG CRYPTO (@egragcrypto) April 9, 2025 Egrag Crypto: “We Are Still in a Bull Run” Well-known market analyst Egrag Crypto appears unfazed by the recent dip, stressing that Bitcoin remains comfortably within a bull market structure from a cyclical standpoint. “As long as #BTC is trending above the 21 EMA, there’s no need to worry,” he posted on X (formerly Twitter), telling investors to zoom out and look at the cyclical nature of the leading digital currency. The analyst presented three possible scenarios for Bitcoin’s path forward in this cycle based on Fibonacci levels: Retracement Stage: Bitcoin could pull back to the Fibonacci 0.702 level—around $97,000. Egrag suggested that during such phases, altcoins typically outperform BTC as capital rotates. This could offer chances for well-positioned traders, assuming disciplined profit-taking. New All-Time High: Targeting the Fibonacci 1.618 level, Egrag sees this as a reasonable scenario. If it happens, altcoins could surge, with 10x–20x gains potentially becoming common. ATH Expansion Mode: The most optimistic—and volatile—view suggests renewed liquidity, perhaps from money printing or interest rate cuts, could push Bitcoin well past $177K. Altcoins might then enter an explosive phase with potential gains of 30x to 50x for mid-caps, and up to 100x for high-risk small caps. Egrag’s message to doubters is clear: “You do not comprehend how cycles work and liquidity flow.” He also suggested gold could become an important liquidity source driving the market. BTC Technicals – Price Analysis Current technical indicators paint a more cautious picture. Data from CoinMarketCap shows BTC facing resistance at the 20-day Exponential Moving Average (EMA) around $82,190, along with a notable 34.18% drop in trading volume. The Relative Strength Index (RSI), a momentum indicator, reads near 35.71, suggesting bears currently have the upper hand in BTC price action. According to these technicals, chances of reaching new all-time highs soon seem low until BTC breaks decisively above $90K with strong volume. Context: Egrag Crypto’s strongly bullish cycle scenarios rely on long-term patterns and liquidity injections, a sharp contrast to current bearish technical signals (RSI, volume, EMA resistance) and macro uncertainty from trade tensions. This brings out the disconnect between optimistic cycle theory and the near-term market conditions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin on verge of largest ‘price drawdown’ of the bull market — Analyst
Bitcoin’s ( BTC ) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis. Source: X Bitcoin has experienced significant drawdowns in past cycles, with a notable 83% drop from its peak in 2018 and a 73% correction from all-time highs (ATH) in 2022. In comparison, the current decline of 26.62%, while substantial, remains less severe than previous bear markets. This suggests that even though the current downturn is impactful, it has not yet reached the intensity of previous cycles. However, crypto and macro resource ‘ecoinometrics’ said that Bitcoin might struggle to stage an immediate turnaround. The analysts explained, “Historically, when the NASDAQ 100 falls below its long-term year-on-year average return, Bitcoin tends to grow more slowly. It also faces a higher risk of entering a severe correction.” Bitcoin and Nasdaq correlation. Source: X / Ecoinometrics With the Nasdaq 100 currently flat year-on-year, Bitcoin’s price recovery might be difficult, even if the correction halts. The recent Bitcoin ( BTC ) price drop also put Michael Saylor’s Strategy on the defensive, with the firm opting not to purchase any BTC for its treasury between March 31 and April 6. Additionally, data from Strategytracker highlighted that the corporation spent $35.65 billion on its Bitcoin holdings, currently reflecting a mere 17% return on a five-year holding period. Related: Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K Can Bitcoin hold a position above $70K? On the weekly chart, Bitcoin tested the 50-weekly exponential moving average (blue indicator) for the first time since September 2024. A weekly close below the 50-W EMA has signaled the beginning of a bear market in previous market cycles. Bitcoin weekly chart. Source: Cointelegraph/TradingView The immediate point of interest below the current price remains at $74,000, which was the early 2024 all-time high. However, the daily demand zone between $65,000 and $69,000 could be a bigger liquidity level based on its significance. The $69,000 level is also the 2021 all-time high price. Additionally, Bitcoin’s weekly relative strength index, RSI, reached its lowest value of 43 since January 2023 at the end of Q1. In August 2023 and September 2024, the RSI recovered from a similar value to trigger a price recovery for Bitcoin. In 2022, when RSI dropped below 40, bears took total control of the market. Anonymous crypto trader Rekt Capital also predicted based on daily RSI value and said, “Historical daily RSI trends in this cycle suggest anything from current prices to ~$70,000 is likely to be the bottom on this correction.” Related: Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Major Warning for Pi Network Price: Here’s What Can Trigger a New PI Crash
TL;DR With over 160M PI set to be unlocked this month and millions of tokens recently moved to exchanges, selling pressure could intensify further. While community hopes of $3.14 or even $314 remain, analysts warn that a price drop toward $0.314 appears far more realistic. More Pain Ahead for the Bulls? Pi Network’s native token plummeted to an all-time low of under $0.40 on April 5. Just a day later, though, it spiked substantially to almost $0.75 before retracing to the current $0.57 as the broader crypto market slumped at the start of the week. One important factor suggesting a further plunge in the short term is the scheduled unlock of tokens. Data shows that almost 1.5 million PI are about to be released today (April 8). The total number of tokens unlocked throughout the ongoing month will be over 160 million (worth approximately $92 million at current rates). The record day is expected to be April 18, when 9.8 million PI will be freed up. The substantial unlock this month may be followed by a price decline should investors decide to dispose of their long-awaited assets. Currently, PI’s circulating supply stands at roughly 6.8 billion tokens, but more than 5.1 billion remain in the form of locked mining rewards. In addition to the scheduled unlocks, industry participants have supposedly moved 2 million tokens to exchanges in the past 24 hours. Such actions indicate an upcoming cash-out, which may amplify selling pressure and drag down PI’s valuation. What’s Next: ATH or ATL? Speaking of price predictions, one X user recently told his over 80,000 followers that PI’s huge decline in the past month resembles more “a dump” than “a dip.” They also asked if the price will first reach $0.314 or $3.14. The depicted targets are symbolic to the Pi community as they remind of the mathematical constant π ≈ 3.14. Currently, plunging to $0.314 seems much more realistic than ascending to the upper level. Several months ago, some optimists assumed that the price could one day skyrocket to $314. It’s worth mentioning that such a high valuation would require the asset’s market capitalization to explode to multi-trillion territory, making the forecast highly implausible and even ridiculous (at least as of now).
Crypto Market Cap Drops Over 10% in 24 Hours
The cryptocurrency market experienced a significant crash on April 6–7, 2025, with Bitcoin’s price briefly falling by nearly 10% within a 24-hour period, causing the total market capitalization of cryptocurrencies to decrease by over $200 billion. On the night of April 6–7, Bitcoin’s price dropped to $74,600, according to CoinGecko, marking a local low for 2025. Other cryptocurrencies also saw declines, leading to the overall market cap falling by more than 10%. This drop coincided with increasing macroeconomic tensions. One of the main factors contributing to this downturn could be the trade tariffs imposed by Donald Trump on April 2, 2025, as part of his efforts to strengthen U.S. national and economic security. In the first two days following the announcement, losses in the U.S. stock market exceeded $5.4 trillion. The tariffs went into effect on April 5. At first, the cryptocurrency market showed a muted reaction to the new U.S. import tariffs, but large sell-offs followed as the new trading week began, triggering a significant price drop. Experts link this to growing uncertainty and expectations of escalating economic conflict between the U.S., China, and the EU, raising the likelihood of a global recession and prompting capital to flow out of high-risk assets. Crypto market participants were initially optimistic about Donald Trump’s return to the presidency. Before his inauguration, Bitcoin’s price set a new ATH, surpassing $108,700.
Bitcoin Sees Brutal Start to April, Analysts Expect Lower Dip Targets to $60,000 on the Horizon
Bitcoin sees brutal start to April as BTC price falls below $80,000. The price of BTC fell from $83,000 to $75,000 in under a day. Seasoned analysts expect this dip only the beginning with the next target set for $60,000. The crypto market experienced a brutal start to April as the price of the pioneer crypto asset Bitcoin (BTC) fell below $80,000. To highlight, the price of BTC fell from $83,000 to $75,000 in under 24 hours. This dip came as no shock to many seasoned analysts who expected exponential dips before a true price recovery and a rally back up to claim much higher targets for Bitcoin and the greater crypto market. Bitcoin Sees Brutal Start to April #Bitcoin : Clear textbook breakdown from the rising wedge structure, exactly as promised two weeks ago. Only a loser ignored this message, breakdown below 80k is only a matter of time https://t.co/QNRLFyOvh9 pic.twitter.com/pZtT9ANb6Z — Doctor Profit 🇨🇭 (@DrProfitCrypto) April 6, 2025 As we can see from the post above, this reputed analyst known for his many silver-tongued predictions, predicted this outcome for BTC and warned the crypto community of a crash below $80,000. In fact, this analyst in particular expected a much larger dip toward the 50,000 to $60,000 price range. Echoing his sentiments is another reputed crypto analyst who set the next two downside targets at $69,500 and $64,000. The expectations for Bitcoin to fall significantly first before a recovery and a rally seems to be a popular opinion within the crypto community as another analyst shared the cause behind the dip on the BTC price chart. As we can see from the post below, this analyst highlights how the Bitcoin price chart hits a triangle target which led to a downside breakout. #Bitcoin Triangle Target Hit ✅ The breakdown played out perfectly. I usually avoid weekend trading… But lately, Sundays have been offering some clean setups. pic.twitter.com/E1926Mo2xP — Titan of Crypto (@Washigorira) April 6, 2025 $60,000 Dip for BTC Next? As the image in the post above depicts, Bitcoin broke out of a perfectly formed triangle pattern which led to a breakout to hit lower targets. Analysts noticed that the weekends seem to be the more action-packed trading days for crypto this year. No doubt, many factors have led to the declining price of BTC, a huge factor being Trump’s continuously escalating tariff announcements and the incredibly high liquidations in the US stock market . Despite the latest dip, most analysts saw the downward movement of BTC price is not over. According to the responses to the posts above, most analysts are certain that the price of BTC will fall to the $72,000 to $73,000 price range next. Meanwhile, a handful of seasoned traders expect BTC price to hit $60,000 next and mark this as the possible worst-case scenario. However, they remain certain that the downward pattern will eventually lead to a breakout which will bring BTC price to the next ATH target between $116,000 and $125,000.
Bitcoin Set to Hit Lower Targets, Analysts Remain Certain a BTC Price Recovery to $125,000 Is Underway
Bitcoin set to hit lower targets as low as $60,000. Analysts expect BTC to set lower lowsand higher lows before moving towards new ATHs. The next major ATH targets are set for $109,000, $116,000, and $125,000. A brutal start to April took the price of BTC from $830,000 to $75,000 in under 24 hours. This dip may have shaken out many weak hands and led to heavy crypto market liquidations leaving several traders devastated but season analysts remain bullish. Bitcoin set to hit lower targets say most seasoned analysts. Despite this, they are certain that BTC price will rally to hit much higher targets once lower targets are met. Bitcoin Set to Hit Lower Targets So far, this ongoing bull run has been a surprising one to those hoping to see history repeat itself. Until now, every bull cycle has remained mostly the same and analysts are constantly on the clock, hoping to find indicators and patterns that can help predict what will occur next in the volatile market of crypto. This cycle has been more surprising than the others and it is likely because Bitcoin may be deviating from its 4-year cycle pattern. Once used as the ideal blueprint to predict crypto cycle highs and lows, the 4-year cycle may be going obsolete giving analysts the chance to test their technical analysis skills and find new ways to predict what is coming next for BTC. This year, Bitcoin price has been on the fence, while many analysts expected greater bullish ATHs, others expected a massive dip to targets closer to last cycle ATHs. 77K–78K, then $125K BTC. Worst case scenario: $72K–73K, then $125K BTC. Absolute worst case scenario: $60K, then $125K BTC. Conclusion: We’re going higher either way. #patience — Andrew Crypto (@AndrewCryptoHQ) April 6, 2025 This outcome has now played out as Bitcoin price has fallen in a single shot from $83,000 to $75,000. What’s more concerning is that analysts have looked closely at the BTC price chart only to conclude that greater dips could be playing out. Based on the post above, this analyst believes that BTC could hit a lower target at the $72,000 to $73,000 price range, he also adds that BTC could fall as low as $60,000 as the worst-case low. Lower Lows Before an Explosive Upturn for BTC? Despite these low targets, the analyst remains bullish on Bitcoin (BTC) rallying once the low targets are met and says that no matter the low targets, the price of Bitcoin is set to hit a much higher target and set a new ATH at $125,000. Similarly, another analyst observes that Bitcoin usually tops out about 500 days after Bitcoin Halving and concludes that the ongoing bull market has a long way to go. To The Basics for Bitcoin 📈: An uptrend looks to still be in effect with $BTC recently setting new Higher Highs and currently holding a new set of Higher Lows. With this occurrence, a near +30% move to All Time Highs at roughly $109,000 remains on radar. pic.twitter.com/qQKayfwbpM — JAVON⚡️MARKS (@JavonTM1) April 6, 2025 All in all, it looks like Bitcoin is going back to the basics as the analyst explains in the post above. The pioneer crypto asset seems to be setting up for a bullish upturn . According to this analyst, Bitcoin will make a pump of over 30% to hit new ATH targets once it begins to set higher lows before moving to an explosive rally.
Cardano Founder Charles Hoskinson Expects $250,000 BTC ATH Target Within a Year
Cardano Founder Charles Hoskinson expects $250,000 BTC ATH target in a year. Bitcoin despite the many bearish signs and upcoming sips is still set for a new ATH. Reputed analyst breaks down the current state of the crypto market. Cardano Founder Charles Hoskinson expects the pioneer cryptocurrency Bitcoin (BTC) to hit an ATH of $250,000 within a year. Referring to the most recent brutal BTC price dip from $83,000 to $75,000, Hoskinson says that the price of BTC can be compressed for now but like a spring will certainly bounce back. In fact, he expects Bitcoin to more than bounce back, he expects a much higher ATH for BTC. Cardano Founder Charles Hoskinson Expects $250,000 BTC ATH You can compress a spring, but remember it bounces back. The markets seem hopeless and broken, but the bull market will be spectacular. I still remain confident in 250k Bitcoin within a year alongside a rising tide for everyone else. It's just going to be a bumpy ride pic.twitter.com/tFWVNRuW0p — Charles Hoskinson (@IOHK_Charles) April 7, 2025 As we can see from the post above, the Founder of Cardano, Charles Hoskinson recognizes how the crypto and stock markets seem hopeless and broken, but expects a spectacular bull market come back which will likely send the price of BTC to a new and impressive ATH of $250,000 within the year. Although, he does expect this to be a big of a bumpy ride with many ups and downs on the way to the expected ATH target. I have high conviction that $BTC will make a new ATH sometime between Q3 this year and Q1 2026. Yes, it's painful now – but I think people are missing the bigger picture, and the eventual rally will be bigger than ever. My rationale: • Trump's plan is to cause short-term pain… — Miles Deutscher (@milesdeutscher) April 5, 2025 Mirroring his sentiments is another popular and reputed trader and analyst in the crypto market, Miles Deutscher. As we can see from the post above, this trader says that he has high conviction that Bitcoin will set a new ATH between Q3 2025 and Q1 2026. He too acknowledges that the market may be painful at the moment but urges crypto holders not to lose sight of the bigger picture, a time when the crypto market will eventually rally to be bigger than ever. Analyst’s Take on the Current Market He then goes on to share the reasons behind his convictions starting with Trump’s plan to cause short-term pain now by setting up new tariffs to force domestic absorption of treasuries and offset the reduction of foreign buying. He also states how the market will likely bottom on recession fears, but by the time it officially comes around, the market will already be looking at the FED ‘s response Meanwhile, he expects the FED to eventually be forced to cut rates, paving the way for QE potentially in 2026. Next, he talks about altcoins, saying that the most potent and capable assets will likely follow BTC’s trajectory and find a floor before recovering and peaking in altseason once BTC price peaks. He concludes by saying his overall strategy is focused on the longer term by DCAing Bitcoin and select equities that are hit hard by the trade war fears but still have good fundamentals, and quality altcoins if the technicals align. He closes the message with the advice of patience, saying that in a market such as the present, it is the most important thing.
Official Trump (TRUMP) Price Falls 18% as MACD Sends Critical Bearish Signal
TRUMP Coin MACD confirms bearish crossover amid sustained selling pressure. RSI plunges below 30, reinforcing token’s current oversold market status. Official Trump (TRUMP), a Solana-based memecoin launched by President-elect Donald Trump, has joined the crypto market bearish momentum as confirmed by its recent price movement. According to market data, TRUMP declined by over 18% today, settling at $7.34, down from a daily high of $9.12. Technicals Analysis: MACD and RSI Indicators Action Revealed The MACD holds confirmation that the TRUMP token is under bearish pressure in the ongoing trading sessions. At the moment, the MACD line stands at -1.15 which is below the signal line -1.03, therefore depicting a bearish crossover. Also, the histogram has a negative momentum which stands at -0.12 showing that there is a continuous downtrend. Source: TradingView As a result, these MACD figures are in line with the further decline in the price of the token. Moreover, there is a Market Action with Relative Strength Index decreasing. The present value of relative strength index or RSI is 27.40 which is rather low when compared with the specific level of 30 that is indicative of the overbought zone. The downward move from 35.61 to the current figure of 27.40 points hint at the ongoing selling spree. It is notable that MACD and RSI indicators point toward a sustained bearish trajectory for Official Trump. The token remains in a bearish phase, consistent with the broader crypto market downturn. Moreover, the oversold RSI and negative MACD crossover present factual evidence of ongoing downward pressure, limiting bullish market possibilities. TRUMP Futures and Current Market Performance Open interest, which indicates the tokens’ futures, read at $242.03 million. This follows a uniform trend on 23 January 2025 with open interest hovering around $1.08 billion. However, this index of open interest took a fall and was valued at a little over $400 million by the first of February 2025. After that, the amount rose slightly only to drop again before rising to another high of nearly $500 million on March 3, 2025. Source: Coinglass CoinMarketCap data indicates that TRUMP recently recorded a price decline of 18.44% within one day. At the times of writing, TRUMP trades at $7.34, a drop from its 24-hour peak of $9.12. The market capitalization demonstrated an 18.42% decrease between this period that brought it to $1.46 billion. During this period TRUMP attained a daily minimum value of $7.65 as it demonstrated a downward shift in market trends. Source: CoinMarketCap Besides the daily changes, the digital assets ATH was recorded at $75.35, registered three months ago on January 19, 2025. Consequently, TRUMP is down by 89.66% from its historical high, reflecting market volatility. However, the coin rose from its all-time low of $1.21, recorded on January 18, 2025, marking a 545% increase. Moreover, the coin’s trading chart shows compatible dips in a day as the gradual reduction in value began above the $9 mark, steadily moving downward to the current price of $7.34. Highlighted Crypto News Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025
Bitcoin Mining Difficulty Hits New All-Time High
Bitcoin mining difficulty hits a new all-time high Indicates growing network strength and miner confidence Seen as a bullish signal by many crypto analysts Stronger Than Ever: What This Milestone Means Bitcoin mining difficulty has just reached a new all-time high (ATH), signaling a significant development in the network’s ongoing evolution. For those unfamiliar, mining difficulty is a measure of how hard it is to find a new block in the Bitcoin blockchain . When this number increases, it generally means more miners are joining the network, or existing miners are upgrading their hardware. This latest spike shows that more computing power is being committed to Bitcoin than ever before. This surge in hash rate reflects rising confidence in Bitcoin’s long-term value and increases the overall security of the network. Why It’s Bullish for Bitcoin A higher mining difficulty usually follows a rise in miner participation, which often comes with expectations of price growth. Since mining is a competitive and costly process, miners tend to ramp up operations when they believe Bitcoin’s price will rise enough to make it profitable. This also means the network becomes more secure, as it’s harder for any single entity to gain enough power to manipulate the blockchain. A secure network is essential for investor trust and adoption. Crypto analysts widely view this new difficulty high as a bullish signal. It implies that despite market ups and downs, the infrastructure supporting Bitcoin continues to strengthen. 💥BREAKING: BITCOIN MINING DIFFICULTY JUST HIT A NEW ATH! THIS IS BULLISH 🚀 pic.twitter.com/1LvWHDXtxl — Crypto Rover (@rovercrc) April 6, 2025 The Bigger Picture Bitcoin’s increasing mining difficulty also reflects a maturing ecosystem. Institutional investors, energy-efficient mining firms, and international mining pools all play a role in this trend. As mining becomes more professional and globally distributed, the network’s resilience improves, laying a solid foundation for future growth. For crypto enthusiasts and long-term holders, this is a sign that Bitcoin remains on a path of sustainable development—regardless of short-term price movements. Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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