Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
Charles Hoskinson, the founder of the Cardano blockchain, told CNBC that the crypto market will grow and Bitcoin may hit $250,000 by the end of 2025. The key drivers will be the easing of global trade tensions, as well as the expected Federal Reserve’s (Fed) rate cut.
Paul Atkins has recently taken the helm of the US Securities and Exchange Commission (SEC). With the official holding office, there may be a sudden shift in how the agency regulates.
Bitcoin is becoming a more prominent player in international trade, especially for countries looking to bypass US control over their financial systems. This week, Russia and China announced plans to use the decentralized cryptocurrency for energy payments, Reuters said in a report.
The recent plunge in global financial markets has sparked greater anxiety among investors, particularly due to a significant drop in Bitcoin. Coinotag believes that this decline illustrates geopolitical tensions driving growing volatility.
The total cryptocurrency market capitalization has fallen 30% from its December 2024 peak of $3.9 trillion to $2.7 trillion in April 2025. This significant decline comes amid uncertainty following new US tariffs, an announcement that has rattled investors, according to CoinMarketCap.
Bitcoin and Ethereum dropped 5.3% and 11.8%, respectively, on Monday amid escalating global trade tensions triggered by the US administration's policies. The correlation between traditional asset markets and cryptocurrencies became particularly evident.
According to data published by Mercuryo, traders are increasingly turning to relatively safe crypto assets such as bitcoin and stablecoins, turning away from riskier investments. This change in behavior is due to US President Donald Trump's tariff policies.
Bitcoin plunged below $82,000 following US President Donald Trump's announcement of sweeping import tariffs. Now, the world’s flagship cryptocurrency is trading around $83,200, with analysts suggesting the current market drop could present a buying opportunity, CoinMarketCap reports.
Fidelity's new initiative will allow its clients to invest in Bitcoin, Ethereum and Litecoin through Individual Retirement Accounts (IRAs), the tax-advantaged retirement accounts primarily used in the US, according to CoinTurk News.
Bitcoin fell 4% to around $82,000, joining a broader sell-off in risk assets. This followed US President Donald Trump's announcement of global tariffs. Other cryptocurrencies, including Ethereum, XRP, and Solana, also declined, according to a report by Bloomberg.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.
