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Cryptocurrency News Articles

BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto.

Apr 15, 2025 at 05:21 pm

Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets.

Bitcoin price today surged nearly 2% as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets.

After a period of sluggish trading due to President Donald Trump’s Tariff policy, which has dampened market sentiment and triggered a massive selloff in the broader financial market, investors seem to be entering the digital assets space again today. However, recent indications of further tariff relief have calmed nerves.

After opening the week with a slight dip, BTC price today rose to trade above the $85,896k mark by 03:04 ET on Monday.

In the last 24 hours, Bitcoin’s price touched a high of $85,926 and fell as low as $84,035.

Its one-day volume fell nearly 6% to $28.58 billion, while BTC Futures Open Interest rose around 1%, according to CoinGlass data, indicating renewed market confidence.

Amid the broader market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin.

This move comes as the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.

Recently, there was a meeting between Donald Trump and BTC president Nayib Bukele, which also had a positive impact on market sentiment.

On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.

This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.

With BTC currently trading near $86K, the administration’s plan could help continue its run towards the run ahead.

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Other articles published on Apr 18, 2025