#BTCRebound

Bitcoin (BTC) has experienced a significant rebound, trading above $87,000 as of April 21, 2025. This recovery follows a dip below $77,000 earlier in the month, largely influenced by geopolitical tensions and market volatility.

Key Factors Driving the Rebound:

• Weakened U.S. Dollar: President Donald Trump’s intensified criticism of Federal Reserve Chair Jerome Powell has raised concerns about the Fed’s independence, leading to a decline in the U.S. dollar. This has made Bitcoin more attractive as an alternative asset.

• Institutional Investment: There has been a notable increase in institutional interest, with significant inflows into Bitcoin Exchange-Traded Funds (ETFs). For instance, BlackRock’s IBIT ETF reported a net inflow of $45.5 million in a single day, indicating growing confidence among institutional investors.

• Technical Indicators: Analysts have observed that Bitcoin’s recent price movements align with key technical levels, suggesting a potential for continued upward momentum.