$BTC
As of April 14, 2025, Bitcoin (BTC) is trading at approximately $84,790, reflecting a modest increase of 0.3% from the previous close.
Over the weekend, BTC remained within a narrow range of $83,000 to $85,000, showing limited volatility despite positive movements in U.S. stock futures. This stability follows President Donald Trump's announcement of tariff exemptions on certain electronics, including smartphones and computers.
John Glover, CIO at digital asset firm Ledn, noted that the market is experiencing "headline fatigue" over Trump's inconsistent tariff positions, leading to investor confidence in buying Bitcoin at current levels. He highlighted $73,000 as a key support level, warning that a drop below could lead to a fall toward $62,500. However, he also sees potential for an upside target at $133,000, offering a strong risk/reward profile for mid-$70,000 Bitcoin buyers.
In the broader financial markets, U.S. stock futures rose, with the S&P 500 gaining 1.1% early Monday. This optimism is attributed to the new tariff exemptions and better-than-expected earnings reports from major companies.
Overall, Bitcoin's price remains stable amid mixed signals from global markets and policy developments.
