Bitcoin has staged a strong comeback, briefly pushing beyond $87,000 for the first time in weeks as liquidity conditions improve globally and institutional players show signs of renewed appetite, even while concerns around U.S. trade tensions keep broader markets on edge.
Bitcoin has surged past $87,000 for the first time in weeks, riding a wave of increased global liquidity and renewed institutional activity, even as uncertainty around U.S. trade policies lingers.
Earlier this month, the leading cryptocurrency dipped near $74,500 amid market anxiety triggered by the U.S.’s push for expanded tariffs. However, with money supply (M2) across major economies growing to over $90 trillion since December, conditions have shifted in bitcoin’s favor.
Institutional players are reentering the space. Strategy—formerly MicroStrategy—acquired over 3,400 BTC despite recording nearly $6 billion in unrealized losses in Q1.
The firm remains bullish, emphasizing bitcoin’s independence from traditional financial risks. ETF inflows totaling $15.8 million last week also point to rising investor confidence.
Other top cryptocurrencies showed mixed results: Ethereum and XRP inched up, while Solana slipped. Analysts remain cautious, citing unresolved trade negotiations and elevated yields. Still, bitcoin outpaced major equity benchmarks in April, reinforcing its role as a standout performer in volatile times.
Attention now turns to the Federal Reserve’s policy meeting in early May, with a low but notable chance of a rate cut. For bitcoin’s rally to evolve into a lasting bull market, analysts suggest dovish monetary policy and clarity on trade will be key.
The firm formerly known as MicroStrategy is back in the spotlight after its executive chairman, Michael Saylor, shared a cryptic social media post suggesting fresh Bitcoin acquisitions could be imminent.
Crypto markets were the first to absorb the shock of escalating tensions between the U.S. and Iran, as news of targeted airstrikes on nuclear facilities sent ripples across the digital asset landscape.
A fresh surge of corporate activity is putting Bitcoin at the center of modern treasury strategy.
Crypto markets saw a sharp decline over the weekend after the US launched its first military intervention in the conflict between Iran and Israel late on Saturday night.