As of April 12, 2025, here’s an update on the current trends of Bitcoin ( #BTC ) and USD Coin ( #USDC ):
🟠 Bitcoin (BTC)
Bitcoin is currently trading at approximately $84,863, reflecting a 3.84% increase from the previous close. Over the past week, #BTC has experienced volatility, with its price ranging between $81,722 and $84,863.
This fluctuation is influenced by ongoing concerns over U.S.-China trade tensions, particularly related to President Trump’s proposed tariffs. Analysts suggest that Bitcoin’s trajectory in the near future largely depends on how the tariff situation unfolds.
🟢 USD Coin (USDC)
USD Coin ( #USDC ), a stablecoin pegged to the U.S. dollar, is trading at approximately $0.9999, maintaining its stability with minimal fluctuations. USDC ’s price has remained close to its $1 peg, reflecting its role as a stable asset in the cryptocurrency market.
📊 Market Outlook
Bitcoin’s recent volatility underscores its sensitivity to macroeconomic factors, such as international trade policies. In contrast, USDC continues to serve as a stable asset, providing a safe haven for investors during periods of market uncertainty.
Investors are advised to monitor global economic developments closely, as these can significantly impact cryptocurrency markets. #SECGuidence
Sources: marketwatch, investopedia