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Bitcoin rebounded over US$99k as the Federal Reserve held interest rates steady. Traders now eye US$100k as Bitcoin is viewed as a hedge amid macro uncertainty.
Bitcoin is holding steady around US$94K after rising more than 10% in April, despite growing recession concerns. While weak GDP data triggered a brief dip, investor sentiment remains resilient.
Easing trade tensions, stabilising markets, and over US$900M in ETF inflows pushed Bitcoin’s price above US$94k this week, as investor sentiment shifted across global markets.
Inflation fears, and lingering tariff uncertainty pushed Bitcoin above US$86k this week. US Fed survey showed rising consumer anxiety, while analysts flagged growing concerns about the dollar’s stability.
Bitcoin jumped above US$83,000 after Trump paused tariffs, sparking a market-wide relief rally. Altcoins like Ethereum, XRP, and Solana surged in response. Analysts warn the rebound may be short-lived.
Trump’s sweeping new tariffs led Bitcoin to fall back to US$83K and caused Wall Street to decline. Meanwhile, Grayscale and Fidelity rolled out new Bitcoin-focused investment products.