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Bitcoin at Highest Level in 6 Weeks as Investor Appetite for Cryptocurrencies Rises Tuesday, April 22, 2025, 04:17 PM News / Cryptocurrency News
Bitcoin
The cryptocurrency Bitcoin recorded its highest levels in six weeks during trading on Tuesday, driven by rising tensions from the trade war between the United States and several major countries, which boosted investor appetite for cryptocurrencies.
According to data from Cointelegraph Markets Pro and TradingView, the price of Bitcoin (BTC/USD) surpassed $91,000 at the beginning of the Wall Street trading session, the highest since March 7.
The market shows a clear inclination towards safe-haven assets such as gold and Bitcoin, amid growing concerns over potential reactions from China, Japan, and others to U.S. tariffs. Gold (XAU/USD) also recorded new record levels during the same day.