Bitcoin (BTC) tops 91 thousand dollars amid trade optimism; Eth, doge, sui lead gains

Bitcoin (BTC) increased beyond 93,000 dollars on Tuesday afternoon, as it increased by almost 7 % amid the optimism of the renewed investor and new hopes of ice in trade tensions between the United States and China, but the opposite winds that can cut more upward trend.

The markets were prepared through morning notes from US Treasury Secretary Scott Beesen, who told investors at the closed JPMorgan event that facing a tariff with China was not sustainable. Pesent said that the cancellation of the escalation will come “in the very near future”, as it described the current circumstances as a “commercial ban.” However, he warned that a more comprehensive deal between the two countries could take even years.

Then President Trump, who spoke to the White House journalists later in the afternoon, said that the American definitions of China “will significantly decrease” from the current level of 145 %, aimed at fears of a vortex.

He also added that he had no intention to launch the Federal Reserve Chairman Jerome Powell, after the last pressure at the head of the US Central Bank to reduce interest rates.

The largest encryption increased by market value to 93400 dollars after Trump’s comments, and its strongest price since early March. Follow Altcoins BTC higher, as Ethereum’s eTHER (ETH) has risen by 8 % over the past 24 hours over $ 1700, and Dogoin (Doge) and the original SUI code (SUI) acquires 8.6 % and 11.7 % respectively. Coindsk 20 % broadcasts in the market codesk.

The shares were recovered from yesterday’s decrease, with the S&P 500 and NASDAQ technology that ends the session 2.5 % and 2.7 %, respectively. Meanwhile, gold was sharply reflected in the standard price of $ 3500 during the day and decreased by 1 %.

“With capital rotation to safe inflation assets and inflation inflation, BTC and Gold prove that they are major beneficiaries at the exit from the risk of the dollar.”

They highlighted its youth renewal flows to discover the investment funds circulating in the United States and the return of the so -called Coinbase, indicating the demand from American institutional investors. BTC ETF booked more than 381 million dollars a net flow on Monday in addition to $ 107 million on Thursday, according to Farside investors Data.

Bitcoin resistance waves

But not all signs indicate a continuous outbreak.

Despite the jump of prices, the data on the chain indicates fragility under the surface, analysts said in a report on Tuesday.

Bitcoin’s clear demand has decreased by 146,000 BTC over the past thirty days – an improvement in the sharp decline in March, but is still negative. The report indicated that the cylinder scale in the demand in Cryptoquant, which tracks the interest of the new investor, has deteriorated to its most calm levels since October 2024.

The liquidity of the market remains soft, as the report uses the market growth in the market from USDT as an alternative to encryption liquidity. Usdt has grown $ 2.9 billion over the past two months, less than an average of 30 days. Historically, BTC gatherings coincided with USDT growth over $ 5 billion, a threshold that has not yet met.

In addition to caution, Bitcoin is now facing a major resistance zone ranging from $ 91,000 and $ 92,000 throughout the scale of the “Achieved in the series”, a level that was often resistance in landfill. Cryptoquant classification on the back at the back on the current market conditions classified as declining, indicating that temporary suspension or retreat may continue if the feeling is weak.

Update (April 22, 21:42 UTC)President Trump’s comments on the United States of Chinese trade from a press conference and after the price.