Yesterday, Bitcoin (BTC) Returned to the $87,000 Range, Replicating Its Rise to the Same Price Point From the Previous Week

Yesterday, Bitcoin (BTC) returned to the $87,000 range, replicating its rise to the same price point from the previous week. This momentum was supported by reports suggesting that President Donald Trump's upcoming tariff plans

Yesterday, Bitcoin (BTC) returned to the $87,000 range, replicating its rise to the same price point from the previous week. This momentum was supported by reports suggesting that President Donald Trump’s upcoming tariff plans, set for April 2, may be less stringent than initially predicted.

As Bitcoin recovers and approaches the $90,000 mark, BitMEX co-founder Arthur Hayes stated he believes BTC may break its previous all-time high without returning to the $76,500 support range.

Market confidence is also seen in a new crypto presale that has already raised over $4 million. BTC Bull Token (BTCBULL) is attracting investor attention as its first project to offer free Bitcoin airdrop rewards exclusively to token holders.

Should Bitcoin maintain the current price trend and break past critical resistance levels based on Hayes’ prediction, BTCBULL token holders would start receiving Bitcoin payouts, providing crypto passive income similar to that earned through mining.

Those planning to participate can buy BTC Bull Token for $0.00243000 on the official presale website. This presale token price will remain the same for a little over the next 48 hours, after which the presale moves to a new phase where the token price will increase.

Macro Trends and Growing Trading Volume Continue to Support Bitcoin’s Rise

Bitcoin’s trading activity has surged by 46.75% over the past 48 hours, with $32.14 billion worth of BTC traded, while its overall market cap decreased by 0.17% and remained at $1.73 trillion.

What’s more, Bitcoin isn’t the only crypto gaining ground. Following Sunday’s news of potentially lighter tariffs, Ethereum (ETH), Solana (SOL), and Ripple’s XRP (XRP) rose by 9.85%, 8.93%, and 4.93%, respectively.

Although market sentiment remains optimistic, some analysts believe the proposed tariffs could raise inflation and cause price corrections. Hayes counters this by noting that inflation may only be temporary. If that’s the case, he believes the Federal Reserve might shift from monetary policy tightening to easing for Treasuries.

I bet $BTC hits $110k before it retests $76.5k.

Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.

I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.

— Arthur Hayes (@CryptoHayes) March 24, 2025

This would be a change in policy as the U.S. central bank has been reducing its holdings of Treasuries since March 2022 to combat inflation. However, if inflation proves to be temporary, the Fed might begin buying Treasuries again, ultimately leading to increased liquidity in the market and potentially benefiting Bitcoin.

This signals and macroeconomic trends support billionaire Michael Saylor’s predictions, linking Bitcoin’s price to the global money supply. In particular, he mentions BTC’s upward trajectory following the rising trend of the global M2 exceeding $109 trillion and the U.S. M2 money supply forecasted to grow from $21.5 trillion to $22 trillion by the end of 2025.

Global liquidity is at a new ATH.

The next Bitcoin bull market is about to begin. pic.twitter.com/soh4sh632Y

— Michael Saylor⚡️Founder of Strategy (Fan Account) (@SaylorBuysBTC) March 19, 2025

Without fail, Saylor leads by example. His firm, Strategy (formerly MicroStrategy), recently secured $711 million through a preferred stock offering, with the funds aimed at purchasing more BTC.

Bitcoin’s current rally shows that it isn’t built on hype but rather underpinned by apparent shifts in liquidity and economic policy.

If Bitcoin breaks toward the upside, it would benefit more than just BTC holders. Early participants of the BTC Bull Token presale may soon unlock the project’s airdrop rewards and other Bitcoin-based token utilities.

BTC Bull Token Rewards Activate When Bitcoin Hits New Price Milestones

BTC Bull Token provides real Bitcoin to BTCBULL token holders when BTC achieves various price goals. Specifically, the first airdrop reward is triggered at $150,000, followed by others at $200,000 and beyond.

If Hayes is correct, two of these milestone rewards could be achieved in the next year. BTC Bull Token holders would receive Bitcoin directly into their wallets based on how many BTCBULL tokens they own.

Another BTC Bull Token feature activates when Bitcoin reaches $125,000.