Despite facing challenges in recent weeks due to unpredictable US trade policies, Bitcoin has proven to be significantly more resilient than its harshest critics would care to admit. A surge in Bitcoin’s price gained new momentum on Tuesday, surpassing the $94,000 mark and increasing gains by 26% since April 9.
Three interconnected forces—geopolitics, strategic balance sheet demand, and revitalized ETF fund flows—combined over the last 24 hours to kickstart a rally. This benefitted the new token $BTCBULL, which is strongly correlated with Bitcoin’s price.
US Trade Policy Must Acknowledge Reality
Bitcoin not only defied Donald Trump’s tariff policy but also the threat of Jerome Powell’s removal from the position of Chairman of the Federal Reserve. For months, President Trump has announced new tariffs only to suspend them later. He now faces the reality that China, Russia, and the EU are not compliant with his terms, raising hopes for a swift resolution.
Bitcoin’s rise coincided with Trump announcing a partial easing in the trade conflict with China. In the White House, he stated that tariffs on Chinese imports would “significantly decrease, but not be zero,” adding that he would be “very nice to China” if an agreement is reached. Economist Alex Krüger noted that Trump highlighted most aspects of de-escalation and a bullish stance, stating, “The tariff on China will not be 145%” and “it will significantly drop.”
Bitcoin has handled recent market shocks exceptionally well, with bulls pushing the price upwards again. Optimism is increasing, primarily due to the strong position of cryptocurrencies in the US.
Bitcoin on the Path to $100,000: Institutional Strength and ETFs Drive Growth
In the past week, Bitcoin has seen a significant increase, signaling a potential rapid return above $100,000 and new price records. Institutional investors continue to eagerly invest in the cryptocurrency, and increasing interest in ETF funds, including from BlackRock, propels this further.
SoftBank, Bitfinex, and Cantor Fitzgerald have joined forces planning an investment in Bitcoin in the billions. The consortium aims to invest $3 billion, with Tether contributing $1.5 billion, SoftBank $900 million, and Bitfinex $600 million. This event may have influenced Bitcoin’s price increase by 12% over the past week.
Additionally, the uptick in flows into American Bitcoin ETFs has recorded an inflow of $911.2 million in a single day, marking the highest level since January. The growing institutional appetite for Bitcoin coincided with the price crossing $94,212.
The Industry Believes in Price Fireworks
Even Donald Trump is fueling the cryptocurrency rally. He is currently offering investors of his own coin, $TRUMP, the world’s most exclusive invitation: dinner with the President of the United States. The official price of the Trump coin has surged dramatically.
All of this can only assist Bitcoin in reaching its price targets. The BTC Bull project, which is highly correlated with Bitcoin’s price, anticipates significantly higher price thresholds than currently trading in the market. The token, denoted as $BTCBULL, rewards holders with free BTC airdrops and is fully banking on another Bitcoin rally, thus attracting more investors.
It’s no surprise that the coin has raised over five million dollars in a very short time to launch BTCBULL.
$BTCBULL Fully Relies on Bitcoin
This memecoin not only offers its investors actual Bitcoins when it achieves its price targets but also drives the price by burning tokens. The supply of issued BTCBULL tokens is artificially reduced to elevate the price.
The more Bitcoin Bulls investors buy, the more Bitcoin shares they will receive in AirDrop. The roadmap anticipates alternating AirDrops and token burns, ensuring that the price of BTCBULL will surge during the next Bitcoin rally.
Analysts consider this model to be extremely lucrative and expect $BTCBULL to shoot up at the outset of sales on cryptocurrency exchanges, enabling early investors to yield substantial profits.
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