$BTC

As of April 22, 2025, Bitcoin (BTC) is trading around $87,300, marking a significant rebound from its April 9 low of $74,800. This recovery is attributed to a weakening U.S. dollar amid political tensions, notably President Trump’s efforts to remove Federal Reserve Chairman Jerome Powell, which have impacted investor confidence. Additionally, institutional interest remains strong, with Strategy (MSTR) recently acquiring 6,556 BTC, bringing its total holdings to 538,200 BTC at an average price of $67,766 per coin. Whale accumulation is also on the rise, with over 60 new wallets holding 1,000 BTC or more added since March, indicating sustained long-term confidence in Bitcoin’s value.