On Monday, April 21, 2025, Bitcoin (BTC) experienced a significant increase, surpassing a price of $87,000, marking its highest level since late March.

📈 Current Bitcoin Price

As of 3:29 PM Beirut time, Bitcoin is trading at $87,300, up 2.95% from the previous day.

🔍 Factors Influencing Price Increase

• Important Technical Break: The first trend breakout of 2025 has been confirmed, indicating a potential shift towards a new bullish trend .

• Institutional Flows: Bitcoin exchange-traded funds have seen positive inflows, reflecting renewed interest from institutional investors .

• Political Support: The state of Texas is discussing a bill to create a strategic reserve of Bitcoin worth $500 million, which boosts confidence in the currency. 

• Global Economic Effects: The US dollar has weakened amid trade tensions between the United States and China, making Bitcoin an attractive option as a safe haven

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