Crypto Market Update – April 13, 2025
Bitcoin is showing signs of recovery after facing high volatility driven by global economic tensions. The cryptocurrency rebounded following a sharp dip, regaining upward momentum as investor sentiment improves. This movement comes after President Trump's announcement of a global trade war, which initially triggered a market-wide selloff. Despite recent declines, Bitcoin is stabilizing around key technical support, with traders watching for a breakout above resistance levels.
Meanwhile, MicroStrategy reported a massive unrealized loss on its Bitcoin holdings for Q1, highlighting the impact of recent price swings.