On April 23, 2025, the price of Bitcoin rose to a seven-week high, reaching $94,171, with an intraday increase of 0.57%.
On the evening of April 22, after the U.S. stock market opened, Bitcoin regained the $90,000 level, rising over 3% in the past 24 hours and hitting a seven-week high.
This was primarily due to the collective strong opening of the three major U.S. stock indices, which lifted the entire cryptocurrency market. In addition, Standard Chartered Bank stated that if concerns about the independence of the Federal Reserve persist, Bitcoin could rise to a new all-time high, which has also somewhat boosted market confidence.