Bitcoin rose steadily in April, breaking through the psychological barrier of $100,000.
The growth is supported by strong capital inflows, with daily net investments often exceeding $1 billion — a sign that buyers are absorbing the pressure from sales, even when profits are being realized.
According to market data, this level of realized gains does not yet suggest a peak has been reached, leaving room for further gains. Since October 2023, capital inflows have consistently exceeded outflows, supporting continued investor confidence.
Recent ETF inflows also point to healthy demand. With the exception of one day of outflows related to uncertainty about the Federal Reserve’s interest rate policy, ETFs have mostly shown positive momentum, further supporting the price of the leading digital asset.
At $100,000, BTC is at a two-month high. If it holds, the next key level is $105,000—a threshold that could fuel further gains toward $110,000. But if it fails to break through the resistance, the price could fall back to $93,000, which would slow down the current uptrend.
Apart from Bitcoin, the entire crypto market is on the rise, with the total market capitalization climbing above $3 trillion.
As global crypto companies reconsider their U.S. strategies due to rising geopolitical tensions, Hive Digital Technologies is betting on Latin America — specifically Paraguay — as its next growth frontier.
Bitcoin is on the verge of regaining its psychological threshold of $100,000, and analysts at CryptoQuant explain some of the reasons behind the rise.
Bitcoin surged toward the $100,000 milestone on Thursday, reaching as high as $99,621—its highest level since February—as investors reacted to geopolitical optimism surrounding a potential U.S.-UK trade deal. The rally was part of a broader crypto upswing, with Ether also jumping 8% to $1,943, its strongest intraday performance since early April. The latest price movement […]
Texas is one step closer to becoming the first U.S. state to establish a Bitcoin reserve. On May 7, the Texas House Committee on Government Efficiency approved Senate Bill 21 (SB 21) in a 9–4 vote along party lines. The bill, which has already cleared the state Senate, now awaits a full floor vote before […]