BTCPrice

Geoffrey Kendrick from Standard Chartered has made another prediction on crypto; this time, he made some statements around Bitcoin that can reach new heights.

He predicts that the value of #bitcoin could escalate to $200,000 by the end of 2025 and even $500,000 by 2028. As per the current price of Bitcoin, which is around $93,000, Bitcoin can jump up to 100% by this year.

Kendrick’s bullish view is mostly due to Bitcoin’s singular position as a hedge against risks in the financial system, especially during times of uncertainty
As per him, Bitcoin’s primary function is as a safeguard against financial system risks. The cryptocurrency’s decentralized nature makes it a solid option during periods of financial instability.

When Silicon Valley Bank failed in March 2023, Bitcoin gave some relief. Similarly, Bitcoin’s decentralized structure can help reduce risks associated with government policies, such as concerns about the US Treasury’s actions or the Federal Reserve’s decision-making.
One metric that Kendrick is tracking closely is the US Treasury term premium, which recently reached a 12-year high. The term premium shows the additional risk that investors take in holding long US Treasury bonds. Bitcoin has been correlated with this premium since early 2024, Kendrick has noticed.

But lately, Bitcoin has not kept up with the term premium’s increase. Kendrick attributes this lag to earlier fears that tariffs would hurt technology stocks, and since Bitcoin often mirrors the performance of these stocks, it didn’t keep up.
Regardless of this, Kendrick is convinced that Bitcoin will continue to appreciate as long as there are continued worries regarding the independence of the Federal Reserve. With possible shifts at the Fed, including the possible ouster of Jerome Powell, these risks would propel further growth for Bitcoin.
Kendrick’s prediction continues to be hopeful, with a possibility that Bitcoin might shatter new all-time highs in the near term as these economic ambiguities unfold.
This isn’t the first time Kendrick has made bullish crypto predictions. In the recent past, he has also predicted that XRP could rise to $12.50 by the end of 2028 and AVAX could reach $250 by 2029.
Overall, although Bitcoin sometimes does not trend perfectly with other assets such as tech stocks, it is slowly being regarded more and more as a hedge asset during periods of financial uncertainty, with Kendrick predicting tremendous growth to come.
#BTC #BTCPrice $BTC

Why Crypto Market is Up Today and Will it Maintain Bull Run? Check Now
The global crypto market is seeing a fresh wave of positivity, and the numbers are clearly showing it. As of today, the total crypto market cap has reached $2.76 trillion, marking a 0.58% increase in the last 24 hours. Along with that, the 24-hour trading volume has jumped to $87.56 billion, up by 28.49%, as per CoinMarketCap.
Why Crypto Market is Up Today? Whale, Trump, and Bitcoin Effects
One of the big reasons behind the rise is massive whale activity. According to Lookonchain, a known whale just deposited another 300 BTC (worth around $26.46 million) to Binance. This same wallet has moved around 4,800 BTC ($406M) over the past year and still holds over 5,200 BTC, valued at $460 million.

Source: Lookonchain
At the time of writing, BTC price was trading at $88,558.31, after an intraday spike of 1.50% with $1.75T in market cap and $37.55B in 24-hour trading volume. Additionally, on April 22, the physical asset hit the psychological level of $3,500, its highest price ever. This jump came as the U.S. dollar dropped to its lowest in 3 years.
Based on the current Bitcoin performance, it would be interesting to see whether BTC follows Gold? 
It’s not just Bitcoin. Big wallets are also showing interest in memecoins like Fartcoin. Wallets labeled CTRWQ3, Gti2oW, and FUTwwa recently spent over $5 million combined to buy large amounts of Fartcoin at prices between $1.09 and $1.15. This kind of activity often creates excitement and builds trust in the community.
As of now, Fartcoin was hovering at $1.06, after an intraday surge of 17.40%. 
Another factor influencing prices is politics. Donald Trump has been openly criticizing Federal Reserve Chairman Jerome Powell, saying Powell is “too late and wrong” about interest rate decisions. Analysts say that if Trump replaced Powell with someone who is more favorable to lower interest rates, it might propel crypto prices even further, with Bitcoin and other coins typically performing better during low-rate regimes.
To add to the momentum, Spot Bitcoin ETFs are demonstrating solid inflows. Through April 21, total net inflows amounted to $381.40 million, while cumulative net inflows totaled $35.76 billion. 

Source: SoSoValue
These ETFs currently manage assets of $97.61 billion, equivalent to approximately 5.63% of the market cap of Bitcoin. This indicates that institutional investors are still backing BTC.
Also noteworthy is the Fear and Greed Index. It has risen from "Fear" to "Neutral" at 47, which indicates that the people are becoming more optimistic about the market.
What's Next for Crypto? Predictions and Warnings
Renowned financial writer Robert Kiyosaki is also enhancing investor optimism. Recently, he mentioned, "Bitcoin is $84K today. Strongly believe it will reach $180K to $200K in 2025." Several experts are also discussing the beginning of potential altcoin season, when small tokens could begin to increase rapidly.

Source: X
But though things seem fine for the moment, there is still caution required. Trump's continued fights with China and Powell could bring about uncertainty. If tensions increase, the market will suffer.
Conclusion
Today's crypto price surge is supported by solid whale demand, increasing ETF support, and political intrigue that may change future interest rates. Short-term confidence is high, but the long-term trajectory will continue to be subject to global events and investor sentiment. For now, the crypto community is observing closely—and cautiously enjoying the upswing.
#CryptoMarket #BitcoinNews #GoldVsBitcoin #BTCPrice #CryptoTrend

To Know more, Visit:- CoinGabbar

The price of Bitcoin today shows strength after a recovery. Learn about its trend and discover how to take advantage of this opportunity from Binance.
📊 Daily analysis
Today, Bitcoin (BTC) opened around 84.04K USD and has shown a day with high volatility followed by a sustained recovery. At this time, it is trading at 84.64K USD, showing signs of cumulative strength in the short term.

After a sharp drop between 2:00 and 3:00 PM, the market reacted with a strong recovery, which could indicate institutional buying or a technical rebound that still keeps the bullish momentum alive.

Explore why Bitcoin prices fluctuate, analyzing key factors behind its rise and fall, including market demand, regulations, and volatility.
Understanding Bitcoin Price Fluctuations: Reasons for Its Rise and Fall
Bitcoin (BTC) is one of the most significant assets in the cryptocurrency market. In December 2024, its price surpassed $100,000, sparking immense interest among investors. But what drives Bitcoin's price to rise or fall? Let’s delve into the key factors influencing its volatility.
Reasons Behind Bitcoin Price Increases
1. Limited Supply:
Bitcoin has a fixed supply of 21 million coins. As demand increases, scarcity pushes its price higher, making it a valuable asset.
2. Institutional Investments:
When large institutions invest in Bitcoin, market confidence grows, leading to significant price increases. Recent years have seen heightened institutional interest.
3. Hedge Against Inflation:
Bitcoin is often viewed as digital gold. During times of economic uncertainty or currency devaluation, people turn to Bitcoin as a store of value, boosting its price.
4. Public Adoption:
Increased usage and acceptance of Bitcoin for transactions and as a financial instrument contribute to its value appreciation.
Reasons Behind Bitcoin Price Decreases
1. Market Volatility:
The cryptocurrency market is highly volatile. Large-scale selling by investors can trigger rapid price drops.
2. Regulatory Pressures:
Government restrictions or unfavorable regulations can erode investor confidence, causing prices to fall.
3. Security Risks and Hacking:
Major hacking incidents or security breaches on exchanges can lead to panic selling, driving the price downward.
4. Bearish Market Trends:
When sellers dominate the market and buyers are scarce, Bitcoin prices can decline significantly.
Analysis and Future Outlook
Bitcoin's price fluctuations are part of its nature as a volatile asset. While it has shown a tendency to rise over the long term due to limited supply and increasing adoption, short-term drops are influenced by external factors like market sentiment, regulations, and global events.
Investors should stay informed, conduct thorough market analysis, and evaluate risks before making decisions.
Conclusion
The rise and fall of Bitcoin prices are influenced by various interconnected factors. Understanding these dynamics is crucial for anyone looking to invest in cryptocurrencies. Proper market research and risk management strategies are essential to navigating the highs and lows of this exciting yet unpredictable market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing.
#bitcoin☀️ #BTC #binance $BTC #BtcPrice