Bitcoin, Stablecoins Command Over 70% of Crypto Market as BTC Pushes Higher
ETH/BTC ratio drops to lowest level in five years, underscoring bitcoin’s dominance.
Tokyo-listed Metaplanet has purchased an additional 330 BTC worth $28.2 million, lifting its total holdings to over $423 million and positioning it as Asia’s largest corporate Bitcoin holder.
Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level. At the time of writing, BTC trades at $87,361, surging a 3.4% in the past day.
April 22, 2025, 8:30 amBehavioural aspects of trading could influence whether bitcoin continues its rally or faces a new downturn from the resistance zone.
April 22, 2025, 8:13 amETH/BTC ratio drops to lowest level in five years, underscoring bitcoin’s dominance.
Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC, bringing its total BTC holdings to an impressive 538,200 BTC.
A widely followed crypto strategist says Bitcoin is about to flip bullish as multiple technical indicators flash green for BTC.
Analysts suggest bitcoin's recent price action could signal a break in the downtrend, with potential for further gains.
Bitcoin and the euro are showing strength against the U.S.
Bitcoin (BTC) traders see a BTC price reversal beginning as classic resistance stops bulls in their tracks.BTC/USD 1-hour chart.
Strategy, previously referred to as MicroStrategy, has purchased an additional 6,556 Bitcoin in a $555.8 million acquisition. The firm acquired the Bitcoin between April 14 and April 20, spending an average of $84,785 per coin.
Bitcoin hovers near $88,000 as it navigates a typical correction.
$88,509.00 +1.16%
$36,239,905,301.00 Total Volume
$1,757,411,273,307.00 Market Cap
$88,571.00 24H High
$86,665.00 24H Low
$108,786.00 -18.64% All Time High
until new daily candle