The Bitcoin & Cryptocurrency Investment Show

Bitcoin Blasts Past $84K, Altcoins Surge & ETFs Draw Millions Amid Easing Trade Tensions


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The Bitcoin & Cryptocurrency Investment Show podcast.

Hey, it’s Crypto Willy here, your friendly neighborhood crypto expert, bringing you the latest scoop from the Bitcoin & Cryptocurrency Investment Show for the week leading up to April 19, 2025. Let’s break down this action-packed week in the cryptoverse—grab your coffee and let’s dive right in!

First up, all eyes were on Bitcoin. After a sluggish three-month downtrend, BTC bulls kicked into high gear. On Saturday, Bitcoin blasted through $84,900, notching up a 1.5% increase and aiming for even higher territory. Analysts are eyeing $86,000 as the next resistance, and if the current bullish momentum closes above $88,772, the path could open toward the $92,000 to $96,000 range. A big driver here? Policy moves out of Washington. President Donald Trump issued exemptions on tech products—think smartphones, computers, and chips—from his hefty 125% China tariff and 10% global tariff. This signaled a potential easing in US-China trade tensions, giving markets a bit of breathing room and sparking a new wave of optimism among traders.

Not only did Bitcoin take the spotlight, but major altcoins followed the bullish rhythm. Ethereum, for instance, surged past the 1,600 USDT mark, holding steady with a 0.68% gain over 24 hours. Ripple (XRP) and Cardano (ADA) also saw a healthy 6% pump, showing that risk appetite is alive and well across the broader crypto market. Even the stablecoin giants—USDT and USDC—kept their combined market cap above $200 billion, a sign of steady demand for digital liquidity as investors position for more market action.

On the ETF front, U.S. Bitcoin spot ETFs logged a net inflow of $13.7 million for the week. This fresh capital inflow underscores growing institutional interest, especially as Wall Street eyes a possible Fed rate cut hinted by easing inflation data. The bond market’s reaction is key to watch, and with ETFs drawing steady money, traditional investors’ FOMO might just be kicking in again.

There was also some big news for infrastructure buffs. The Bitcoin network underwent a new difficulty adjustment, reaching block height 893,088, further strengthening network security and transaction reliability. Meanwhile, Binance Coin (BNB) dipped just below 590 USDT, down slightly by 0.24%, but no major dramas there—just normal ebb and flow.

One surprising mover this week was GMT, the native token for StepN, zooming up nearly 20% and trading above 0.059 USDT. Whether you’re a fan of move-to-earn or just tracking sector outliers, GMT’s bounce was a hot topic among traders.

To sum it up: Despite global economic jitters and ongoing debates about where Bitcoin’s price will go next—yes, some bears are still calling for a big correction—market sentiment has picked up, fueled by strategic policy shifts, robust ETF inflows, and renewed interest in altcoins. As always, keep your eyes peeled and your portfolios diversified. This is Crypto Willy, signing off—stay savvy and see you on the next block!

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