In the middle of the morning on April 23, across Europe, Bitcoin exceeded $ 94,000 and is on the way back to $ 100,000. This last rally intervenes in the midst of optimism on American-Chinese commercial relations, with SUR Crypto enhanced more than 27% and during the trend on Coingecko.
President Trump said the American prices on China “will drop into considerably” of the current 145%. The secretary of the Treasury, Scott Bessent, argued these claims, affirming during a closed event that the pricing impasse between the United States and China is “unsustainable” and expressed optimism for de-escalation.
Breaking: In an amazing moment, Donald Trump seems to have radically changed his air on China. He went from his explosion to his trade war in admission that he will not play in Hardball. “We are going to be very nice.” He seems desperate.pic.twitter.com/yszefp2edt
– really American
(@ Truemerican1) April 22, 2025
(@ Truemerican1) The tariff war between the United States and China towards the end: Bitcoin ETF entries have struck a sequence of 3 days while liquidity is falling back into the crypto
With BTC back trading comfortably above $ 90,000, crypto appetite warms up. This is highlighted by examining the net entries in the Bitcoin FNB based in the United States. Today (April 23), they reached $ 936.43 million, a leap of 146% compared to the $ 381.40 million recorded the day before.
This jump in the entries represents the largest entry of a day since January 17, highlighting a notable resurgence of the institutional demand for exhibition at the BTC now that the dust is starting to settle on the global tariff drama launched by President Trump.
Bitcoin and crypto are not the only markets that rally in response to Trump’s comments. The shares have recovered from yesterday’s drop, the S&P 500 and the NASDAQ, heavy in technology, ending the 2.5% and 2.7% session respectively.
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A favorable result between the United States and China concerning the tariff dispute would give the markets the green light for another lightness significantly. This would probably bring bitcoin over $ 100,000 with an eye on its high level of previous $ 109,000.
Bitcoin comfortably breaking the resistance level between $ 92 and $ 93,000 and $ 94,000, it should be a simple movement to $ 100,000.
All eyes will now be on May 7 and June 17, the dates of the next FOMC meetings. Jerome Powell suggested that May’s meeting will not include any reduction in interest rates. However, there is a lot of anticipation that June’s meeting will reduce interest rates.
Analysts apparently agree that the fixed income markets project that a drop in interest rates in May is unlikely, which expects rates to remain at a current range of 4.25% to 4.5%. Likewise, the polymarket of the decentralized prediction market gives approximately 9 chances that the rates will be maintained stable.
However, a reduction in the following month seems more likely, the Fedwatch tool projecting 87% like this happening in June.
(SOURCE)
Suis Crypto increases almost 30% of the day: one of the strongest ceiling tokens in recent weeks
Suis Crypto has increased by 50% in the past two weeks and has increased by almost 30% in the last 24 hours only. He continues to be one of the strongest cryptocurrencies in April, gathering harder than most since the beginning of the month.
He perfectly retested the cup cleavage and the handling of the pattern a week ago. This level of 1.7 to 1.9 $ 1.9 did its job as a major level of support for Su Suis, which it has rebounded.
Since Sunday (April 20) broke out more than $ 2.1, SUI has been in tears, barely withdrawals because it increased to $ 2.92. To complete the cup completely and manage completely, he will have to violate $ 3 and quickly recover the level of $ 3.1 from March.
If the level of $ 3.1 is labeled, Suis could have a fairly straight race around $ 5, which was seen for the last time in early January before the market begins to crash.
According to Coingecko, Suis reached up to $ 5.35 in January, marking its high price. While most of the tokens are still at least 60% of their peaks of all time, SUP is only 45% out of $ 5.35.
Some other important movements, fueled by positive global economic news concerning prices and drops in potential rate, could withdraw at prices from all high times and directly in the discovery of prices.
Currently, Suis Crypto is the 14th largest cryptocurrency by market capitalization, with an assessment of $ 9.5 billion. He is extremely close to exceeding his other layer 1 protocol, avalanche (Avx), in 13th place. A market price leap of only $ 20 million by will do the trick.
(TradingView)
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The post why is Crypto up today? SUP Crypto News fueled a rally of + 27% for the SUD token first appeared on 99Bitcoins.
