As of April 12, 2025, Bitcoin (BTC) is trading at approximately $84,892, reflecting a 1.5% increase as it attempts to break a three-month downtrend.
Several factors have contributed to Bitcoin's recent price surge:
1. U.S. Tariff Exemptions: The Trump administration's decision to exempt key tech products from reciprocal tariffs has alleviated trade tensions, boosting investor confidence in risk assets like Bitcoin.
2. Strategic Bitcoin Reserve: The U.S. government's establishment of a Strategic Bitcoin Reserve signals institutional support for digital assets, enhancing market sentiment.
3. Market Dynamics: A significant amount of Bitcoin has been withdrawn from exchanges, indicating strong holding sentiment among investors. Additionally, a short squeeze has contributed to upward price momentum.
Finance Magnates
4. Global Adoption: Institutions like Lomond School in Scotland accepting Bitcoin for tuition fees reflect growing mainstream acceptance of cryptocurrency.
Latest news & breaking headlines
Several factors have contributed to Bitcoin's recent price surge:
1. U.S. Tariff Exemptions: The Trump administration's decision to exempt key tech products from reciprocal tariffs has alleviated trade tensions, boosting investor confidence in risk assets like Bitcoin.
2. Strategic Bitcoin Reserve: The U.S. government's establishment of a Strategic Bitcoin Reserve signals institutional support for digital assets, enhancing market sentiment.
3. Market Dynamics: A significant amount of Bitcoin has been withdrawn from exchanges, indicating strong holding sentiment among investors. Additionally, a short squeeze has contributed to upward price momentum.
Finance Magnates
4. Global Adoption: Institutions like Lomond School in Scotland accepting Bitcoin for tuition fees reflect growing mainstream acceptance of cryptocurrency.
Latest news & breaking headlines
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Dagangan ditutup: sasaran tercapai
OPEC Monthly Report: The global economic growth forecast for 2025 was lowered from 3.1% to 3%, and the global economic growth forecast for 2026 was lowered from 3.2% to 3.1%.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.