$BTC As of April 15, 2025, Bitcoin (BTC) is trading at approximately $85,000, showing signs of recovery after recent market volatility. The cryptocurrency experienced a significant drop earlier this month, falling from $86,000 to a low of $74,000, largely due to market disruptions following U.S. President Donald Trump's new tariff proposals. Despite this downturn, Bitcoin has rebounded, climbing back to the $85,000 mark, with other major cryptocurrencies also posting gains since
April 8.
FNLONDON.COM
Analysts are closely monitoring Bitcoin's performance, noting that surpassing the $85,000 mark and approaching its 50-day moving average may indicate a trend reversal. However, long-term traders are watching the 200-day average at $87,500 for a more significant signal. BARRON'S Technical analysis suggests positive momentum not only for Bitcoin but also for altcoins like XRP, Cardano, and Solana, which have reached support levels that could prevent further price declines.
In the corporate sector, Brazilian fintech company Meliuz has announced plans to expand its Bitcoin reserves strategy, aiming to designate Bitcoin as the main strategic asset in its corporate treasury. The company will convene a shareholder meeting on May 6 to vote on formally including Bitcoin investments as part of its official corporate objectives.
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