Forums
Talk about anything you want!
Login to get your referral link.
Bitcoin Price is stable over $ 84,000 while President Trump was criticizing the Fed. Although optimism is high, traders encourage prudence, looking at two key measurements from onchain. The growth of the stablescoin slows down, which means that there is little capital flowing in the crypto. In addition, the Bitcoin ceiling made is at a record level but expands at a relatively slow pace.
The prices of cryptography remain stable, holding above the bar of 2.7 billions of dollars, as investors closely monitor Bitcoin. Currently, the Bitcoin price is firm above $ 84,000, rejecting any attempts by the sellers to push the room below the stockings in April 2025.
(BTCUSDT)
EXPLORE: The best new cryptocurrencies to invest in 2025
At ad hoc rhythms, digital gold increased by almost 8% during last week of negotiation, approaching $ 85,000. If buyers compete, any fence greater than $ 90,000 in the coming days could see investors turn to part of the Best 100x Cryptos in 2025.
Remarkably, Bitcoin turns out to be resilient, barely 12 hours after Donald Trump launched a public tirade against Jerome Powell, president of the Federal Reserve. The president criticized the central bank position on interest rates, demanding that they be lowered.
Frustrated by Powell and the slow response from the federal reserve, Trump called for his dismissal.
On Wednesday, the president said that Trump’s aggressive pricing policies could have a negative impact on the economy, with consequences “Larger than expected.”
“The level of rates increased so far is considerably greater than expected, and the same goes for economic effects, which is higher inflation and slower growth.” – Powell
How clear how can it be clearer?
– Spencer Hakimian (@Spencerhakimian) April 17, 2025
Powell also noted that the central bank sailed on unexplored economic waters to maintain low inflation and stabilize employment.
If the federal reserve reduces prices, Bitcoin, coverage against the discharge of the Fiat and the uncertainty of the policies, could skyrocket. In turn, part of the Best parts of meme Solana could also benefit from it.
However, under current optimism and price stability, Glassnode analysts have identified two major trends that can encourage bulls to reassess their positions.
In their analysis on X, they have observed that the growth of the stablecoin supply has slowed down in recent weeks.
Tokens like USDT, USDC, SUBD and USD are mainly used as quotes assets for most cryptography pairs on major exchanges. When the stablecoin offer increases, it signals new capital on the market, often increasing the prices of Bitcoin and Altcoin.
(Source)
However, recent data show that if the offer remains stable, the growth momentum softens. This development indicates a “risk” environment, investors hesitating to deploy capital aggressively in Bitcoin or even in some of the most popular presses in 2025.
In addition, the Bitcoin ceiling carried out is at a top of $ 872 billion. This metric measures the evaluation of all BTCs according to the price during its last trip.
(Source)
Despite the ceiling made reached a record, it increased by less than 1% in the last month. From this, analysts concluded that capital entries in the BTC slow down, even if cash prices remain stable over $ 80,000.
The slowdown in the dynamics of the ceiling carried out indicates that long -term holders, or “Diamond Hands”, do not sell. However, new buyers are less aggressive, pointing to caution and a feeling of “risk”. If that persists, bitcoin prices are likely to consolidate laterally rather than break.
DISCOVER: Best new cryptocurrencies to invest in 2025 – Top New Crypto Coins
The Bitcoin position has more than $ 84,000: What do these 2 BTCUSDT signals say about feeling? appeared first on 99Bitcoins.
post url: https://altcoin.observer/?p=26982
1
Voice
0
Replies