Bitcoin market share rises to nearly four-year high
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
On April 22, 2025, traditional safe-haven assets like gold, the Japanese yen, and the Swiss franc fell due to a decrease in risk-aversion sentiment, while Bitcoin surged by 7%, reaching $93,663, and approached $94,453 the next day. The three major U.S. stock indexes rose over 2.5%, the U.S. dollar index increased, and gold dropped to $3,411 per ounce. The cryptocurrency market heated up, with Ethereum rising over 10%.
Bitcoin's Rise Logic
Enhanced Safe-Haven Attributes: U.S. Dollar Credit Crisis: The proportion of U.S. dollar foreign exchange reserves has fallen to 58%, and de-dollarization has driven up Bitcoin demand.
Economic Stagflation Risk: U.S. PMI is sluggish, with core CPI reaching 2.4%, leading funds to shift from U.S. stocks to Bitcoin.
Global Reserve Demand: Global gold reserves are expected to increase to 4,974 tons in 2024, leading to rising demand for Bitcoin as “digital gold.”
Favorable Policies: Trump supports cryptocurrency and stated on April 22 that he does not plan to fire Federal Reserve Chairman Powell.
New SEC Chairman Paul Atkins (who took office on April 21) is pro-crypto, expected to bring relaxed regulations.
Market Dynamics: Bitcoin is decoupling from U.S. stocks and has an increasing negative correlation with the U.S. dollar, attracting investors.
Conclusion
Bitcoin exhibits safe-haven attributes, but its high volatility and dependence on the U.S. economy make its status unstable. Attention should be paid to policies, economic indicators, and institutional trends.
How much does it cost to mine 1 BTC a year after the Bitcoin halving?
The Bitcoin halving will double production costs, a fact that the media depicts as a survival threat to Bitcoin every four years.
Profit-seeking miners must also contend with fluctuating mining difficulty and energy costs. However, if prices rise, they can at least earn more money for every Bitcoin they mine.
As the price of BTC rises, the high prices attract more miners, pushing the total hash rate and difficulty of Bitcoin to historical highs.
In fact, while mining revenue is roughly in line with the five-year average, the current mining difficulty is five times that of April 2021 and is 40% higher than before the last halving.
Therefore, mining Bitcoin is more difficult than ever. But how much does it cost to mine 1 BTC now? It's always hard to say, and the answer largely depends on electricity and other indirect costs, with the current estimated cost price per BTC being $48,671.
Bitcoin market share rises to nearly four-year high
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
Bitcoin market share rises to nearly four-year high
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
Bitcoin market share rises to nearly four-year high
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
$TRUMP Yesterday at 13.8, I recommended Trump, and continued to recommend Trump at 15.3 in the early morning, with a maximum increase of 17.7. No matter where you entered from the first recommendation to the second recommendation, you could gain 2 to 4 points of increase.
When I recommended it, you criticized me, but when it went up, you chased after it, and when you got stuck, you asked me if you should cut your losses. You don't buy when you should, but you find chasing after the rise more appealing; this is your characteristic.
Can the price when I recommended it be the same as it is now? I told you to buy at the bottom; I did not tell you to chase the high. I gave you the strategy, but you didn’t follow it. You insist on chasing only when it reaches the peak; why are you so precise at the peak when you pick up the shares?
Now Trump is at 15 again; I will not recommend Trump anymore. The timing has passed, and you should have taken profits; it's already changed flavor as it pulls back, the trend has changed.
Too many people are like this, precisely chasing the high at the peak, but when at the bottom, if you push them to buy, they won't. This is ignorance; the ignorant are fearless.
The market is not lacking in inexperienced investors; the market is not lacking in warriors, but with insufficient understanding, they lose money repeatedly, wave after wave, in a cycle of barbaric growth of inexperienced investors. #美国加密战略储备 #白宫首届加密货币峰会
$TRUMP Yesterday at 13.8, I recommended Trump, and continued to recommend Trump at 15.3 in the early morning, with a maximum increase of 17.7. No matter where you entered from the first recommendation to the second recommendation, you could gain 2 to 4 points of increase.
When I recommended it, you criticized me, but when it went up, you chased after it, and when you got stuck, you asked me if you should cut your losses. You don't buy when you should, but you find chasing after the rise more appealing; this is your characteristic.
Can the price when I recommended it be the same as it is now? I told you to buy at the bottom; I did not tell you to chase the high. I gave you the strategy, but you didn’t follow it. You insist on chasing only when it reaches the peak; why are you so precise at the peak when you pick up the shares?
Now Trump is at 15 again; I will not recommend Trump anymore. The timing has passed, and you should have taken profits; it's already changed flavor as it pulls back, the trend has changed.
Too many people are like this, precisely chasing the high at the peak, but when at the bottom, if you push them to buy, they won't. This is ignorance; the ignorant are fearless.
The market is not lacking in inexperienced investors; the market is not lacking in warriors, but with insufficient understanding, they lose money repeatedly, wave after wave, in a cycle of barbaric growth of inexperienced investors. #美国加密战略储备 #白宫首届加密货币峰会
$TRUMP Yesterday at 13.8, I recommended Trump, and continued to recommend Trump at 15.3 in the early morning, with a maximum increase of 17.7. No matter where you entered from the first recommendation to the second recommendation, you could gain 2 to 4 points of increase.
When I recommended it, you criticized me, but when it went up, you chased after it, and when you got stuck, you asked me if you should cut your losses. You don't buy when you should, but you find chasing after the rise more appealing; this is your characteristic.
Can the price when I recommended it be the same as it is now? I told you to buy at the bottom; I did not tell you to chase the high. I gave you the strategy, but you didn’t follow it. You insist on chasing only when it reaches the peak; why are you so precise at the peak when you pick up the shares?
Now Trump is at 15 again; I will not recommend Trump anymore. The timing has passed, and you should have taken profits; it's already changed flavor as it pulls back, the trend has changed.
Too many people are like this, precisely chasing the high at the peak, but when at the bottom, if you push them to buy, they won't. This is ignorance; the ignorant are fearless.
The market is not lacking in inexperienced investors; the market is not lacking in warriors, but with insufficient understanding, they lose money repeatedly, wave after wave, in a cycle of barbaric growth of inexperienced investors. #美国加密战略储备 #白宫首届加密货币峰会
President Trump announced the 5 cryptocurrencies that will be included in the Crypto Strategic Reserve. $BTC, $ADA, $ETH, $XRP, and $SOL! Trump stated that other strong cryptocurrencies will be added to this group as well. #Trump #USCryptoReserve #Altcoins #BTCRebundsBack $ADA
💡 Trading Insights & Signals: • Support Zones: • $0.90 — Strong short-term support. Holding this could confirm the breakout. • $0.80 — Secondary support in case of a pullback. • Resistance Levels: • $1.05 — Immediate resistance. A break above this may trigger further upside. • $1.15 — Key resistance zone. Breaking this could push ADA towards $1.20+ 🚀
📈 Trend Analysis: • The massive volume spike shows strong buying pressure. • If ADA consolidates above $1.00, we could see a sustained rally. • RSI might be entering overbought territory — so keep an eye for either continuation or a short-term correction.
🔥 Possible Scenarios: • Bullish: A breakout above $1.05 could push ADA to $1.20-$1.25 in the next move. • Bearish: If ADA loses $0.90 support, we might revisit $0.80 before the next leg up.
👉 Traders’ Tip: Watch the $1.05-$1.10 zone carefully a break here could trigger a FOMO rally.