-
Yesterday, Bitcoin broke the $100,000 mark. However, in the evening hours, an over-leveraged market led to cascading liquidations of positions, resulting in a drop to around $92,000.
-
The rally is being driven by sustained high demand from ETF funds and pro-cryptocurrency changes expected with the government shift in January 2025. Donald Trump has appointed Paul Atkins, a cryptocurrency advocate, as the new chairman of the SEC following Gary Gensler's resignation.
-
Federal Reserve Chairman Jerome Powell addressed Bitcoin during the DealBook summit on Wednesday. Powell compared Bitcoin to digital gold, highlighting its volatility and speculative nature. He also denied that Bitcoin undermines the Federal Reserve or the status of the U.S. dollar.
-
On Wednesday, WisdomTree announced its filing to create an XRP ETF. Marathon Digital plans to raise $805 million to purchase more Bitcoin, having already acquired 6,484 BTC at an average price of $95,352 each. The company anticipates further Bitcoin growth in 2025.
-
Meanwhile, Michael Saylor's MicroStrategy has purchased $1.5 billion worth of Bitcoin, adding 15,400 BTC at an average price of $95,976 each, increasing its holdings to over 402,000 BTC valued at $23.4 billion.
Bitcoin (D1 interval)
Bitcoin is up 1.70% today, trading at $98,700 and resuming its upward trajectory. Yesterday, the largest cryptocurrency crossed $100,000. However, an over-leveraged market triggered cascading position liquidations and sharp declines. As a result, prices fell steeply to the $92,000 region, with total liquidations exceeding $1 billion. Today, the market is rebounding, with prices once again approaching the $100,000 threshold.
Source: xStation 5
Daily Summary: As a ceasefire drifts away, markets lose ground
Chart of the day 📈Bitcoin rebounds above $76k trying to reverse the trend (21.04.2026)
Crypto news: A bearish impulse on Bitcoin? 🚨 ETFs are flowing back into BTC
Morning Wrap: Trump Announces Ceasefire Between Israel and Lebanon
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
