Bitcoin Breaks $93K: What Does This Mean for the Market?
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Today, April 22, 2025, Bitcoin (BTC) surged past the $93,000 mark for the first time since early March, representing a 5%+ increase in the last 24 hours.
Several factors are driving the rally:
Global Trade Optimism – Recent statements hinting at easing trade tensions between the U.S. and China have boosted investor confidence.
Institutional Inflows – Large-scale investment continues to flow into Bitcoin ETFs and institutional products.
Monetary Policy Watch – All eyes are on the Federal Reserve's response to President Trump’s comments, creating a bullish narrative around Bitcoin as a hedge.
With momentum building, could BTC be heading to $100,000 soon?