Today, April 12, 2025, the cryptocurrency market is experiencing notable fluctuations, influenced by global trade tensions and other macroeconomic factors.

Current price situation:

Bitcoin (BTC): The current price is $83,297, up 3.18% from yesterday.​

Ethereum (ETH): Trading at $1,567.47, up 1.27%.​

Binance Coin (BNB): Reached $586.90, up 1.31%.​

XRP: The current price is $2.03, up 1.50%.​

Solana (SOL): Strongly increased by 5.56% to $122.45.​

Impact from trade tensions:

Recently, the cryptocurrency market has been affected by trade tensions between the United States and China. The new tariffs imposed by the United States have led to a significant drop in the value of many cryptocurrencies, including Bitcoin. However, after these fluctuations, the market is showing signs of a slight recovery. ​

Technical analysis:

According to wave analysis by FxPro, Bitcoin could rise to the next resistance level at $87,785, a level that previously halted an earlier surge. This indicates the continued recovery potential of Bitcoin in the short term. ​

Market outlook:

Although the market is showing signs of recovery, investors should continue to closely monitor global economic and political developments, especially trade policies and interest rate decisions from the Federal Reserve, as they could significantly impact the trend of the cryptocurrency market in the near future.​