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Home»Bitcoin»Bitcoin soar as Trump softens the position of China prices, maintains Powell
Bitcoin

Bitcoin soar as Trump softens the position of China prices, maintains Powell

April 23, 2025No Comments
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Bitcoin exceeded $ 94,000 for the first time in almost two months after President Donald Trump softened his position on China prices and is committed not to dismiss the president of the Federal Reserve Jerome Powell.

Speaking at a white house press conference Trump said the United States would be “very kind” for China and that the prices “would descend considerably” if the two parties can conclude an agreement. He added that Powell will remain in his role, signaling the continuity of the Fed in the midst of investors’ concerns concerning the future monetary policy.

Insurance triggered a bullish momentum in the cryptographic markets, raising the bitcoin of more than 6% to exceed $ 94,000 to 4 h 10 hne, its highest level in seven weeks. The part of the room even jumped 14%, with Dogecoin, Shiba Inu and Pepe all the two -digit gains as a risk appetite returned.

Bitcoin

Bitcoin ETF entries have reached nearly $ 913 million

Institutional investors have increased their exposure to the main crypto, with entries for us Bitcoin ETF (funds negotiated on the stock market) reaching $ 912.7 million yesterday. It was the highest net daily tickets since January 17, according to Farside Investor data.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦 $ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻)-2025-04-22

Total net flow: 912.7

Ibit: 193.5
FBTC: 253.8
Bitb: 76.7
ARKB: 267.1
BTCO: 18.3
EZBC: 10.6
BRRR: 0
Hodl: 6.5
BTCW: 0
GBTC: 65.1
BTC: 21.1

For all data and non-responsibility advice, visit:

– Farside Investors (@farsideuk) April 23, 2025

BTC overvoltage has also resulted in liquidations totaling more than $ 624 million, according to Coinglass data. A large part of the liquidated amount in the last 24 hours came from short traders who provided a drop in cryptography prices. These positions represented more than $ 552 million in liquidations during the last negotiation session.

The coins go up 14% as Doge, Shib and Pepe Soar

The coins were among the most performers in the cryptography market and saw their handset market capitalization increase by more than 14%.

The leaders of the Dogecoin sector (DOGE), Shiba Inu (Shib) and Pepe (PEPE) have all climbed more two -digit figures, adding to their impressive weekly performance.

DOGE saw its price rising to 12%, pushing its weekly gain to more than 18%, while Shib and Pepe recorded gains of 11%and 15%, respectively.

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Previous Article20 million dollars in Solana Annéantis shorts: the rise in soil at $ 152 triggers massive liquidations
Next Article Daily Crypto Discussion – April 19, 2025 (GMT+0)

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