Bitcoin (BTC) Reaches Its Highest Price Since Late March After Breaking $87K

Bitcoin has reached its highest price since late March after breaking $87K on 20 April. At the same time, its ecosystem activity is ramping up

Bitcoin is trading at its highest price since late March after breaking $87K on 21 April.

At the same time, its ecosystem activity is ramping up, with Stacks leading the top gainers today and emerging meme coin BTC Bull Token soaring past the $4.8 million total raised mark.

Bitcoin Teeters on $88K Monthly High

Bitcoin is a hair away from creating a new monthly high and confirming a bullish breakout.

After an extended period of consolidation, which started in early March, Bitcoin is now powering toward the range high. At press time, it trades at $87,180, climbing over $3,000 from an intra-day low just above $84,000.

The asset has gained 2.3% today, 2.7% this week, and 3.5% this month.

Although a 2.3% gain is not uncommon for Bitcoin, the circumstances in which it has happened are noteworthy. $BTC surged from $85,000 to $87,000 within a two-hour window today, catapulting it to the upper echelon of its trading range.

This signals that Bitcoin has momentum on its side – and that increases the possibility of a breakout in the days that follow.

Analyst Crypto General notes that due to “trade war tensions decreasing,” the market is regaining an optimistic outlook. He predicts that the current bounce could catapult $BTC back to the $100K mark in the coming weeks.

$BTC has been sideways for sometime now, the weekends are usually less volume in markets.

As of now the plan remains same, the outlook is bullish and a breakout is expected soon. With the trade war tensions decreasing, the overall market scenario is reviving. 90k would be my… pic.twitter.com/RrjftFN2Du

— Crypto General 🧲 (@DaCryptoGeneral) April 19, 2025

Meanwhile, Captain Faibik noted that Bitcoin has just broken a descending wedge pattern to the upside, which he believes will kickstart a rally towards its all-time high (ATH).

Finally, $BTC Bulls are Breaking through the EMA50 Resistance..

Hopefully, Daily candle will close above the EMA50 (85.4k)

#Crypto #Bitcoin #BTC pic.twitter.com/D4pfjw8RED

— Captain Faibik 🐺 (@CryptoFaibik) April 21, 2025

Bitcoin Ecosystem Tokens Boom

Bitcoin’s rising tide is creating a tailwind for the broader crypto market – but some Bitcoin-linked tokens are experiencing above-average growth.

Stacks, the top Bitcoin layer 2 blockchain, has seen a 9.4% gain today. It has outperformed every other top 100 crypto today.

Similarly, a Bitcoin-themed meme coin called Ordi has gained 7.8% in the past 24 hours.

Both projects remain significantly below their yearly highs, which presents plenty of room for growth should Bitcoin keep rising.

As we’ve seen today, a strong Bitcoin performance can disproportionately benefit Bitcoin-related tokens.

But one project that Bitcoin community members are watching closely right now is BTC Bull Token, a new presale that blends meme coin characteristics with passive Bitcoin yield.

Viral Presale ‘BTC Bull Token’ Will Pay Holders Real $BTC

As evident above, Bitcoin-themed tokens can explode amidst Bitcoin price rallies, but what happens if you add passive Bitcoin yield to the mix.

BTC Bull Token is a Bitcoin-themed meme coin that pays its holders $BTC and $BTCBULL tokens at key milestones on Bitcoin’s journey to $1 million.

The first airdrop will occur at $100K, and then with every $50K increase afterwards.

There are also staking and burning mechanisms that enhance the project’s supply and demand dynamics. Staking is live now and offers an 85% APY, but this will decrease over time.

BTC Bull Token is the first cryptocurrency to pay real Bitcoin, which is a juncture that could appeal to everyone from crypto newbies to sophisticated traders. Moreover, its Bitcoin-themed memetics could also draw support from hardened Bitcoin-maxis, who rarely invest in altcoins.

All of this is attracting huge attention, with Umar Khan from the 700K subscriber 99Bitcoins YouTube channel recently saying that the project has 100x potential.

It’s currently undergoing a presale, which has raised $4.8 million so far.

The project’s early stage indicates significant upside potential, contributing to Umar Khan’s optimistic forecast.

However, price increases will occur throughout the ICO, so potential buyers should not wait to get involved.