According to Standard Chartered analyst Jeff Kendrick, bitcoin's fall earlier this year will trigger a new rally to $120,000 this quarter amid investors' strategic exit from US assets.
According to Standard Chartered analyst Jeff Kendrick, bitcoin's fall earlier this year will trigger a new rally to $120,000 this quarter amid investors' strategic exit from US assets.
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.
Crypto markets remain under pressure amid expectations of new tariff announcements. The US President Donald Trump's administration is expected to roll out a set of duties on April 2—a date referred to as 'Liberation Day'.
The Bitcoin mining sector has witnessed a worrying fall in market capitalization, as highlighted in a detailed report by JPMorgan. The analysis shows that the combined market value of 14 publicly traded companies, including MARA and Core Scientific, plummeted by an impressive 25% in March.
Japan's Financial Services Agency (FSA) will submit a bill on the classification of cryptocurrencies as financial products to the country's parliament as early as 2026. Crypto-assets may become subject to local laws dealing with insider trading.
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.