On April 22, 2025, Bitcoin’s price surged past the $90,000 mark, reaching approximately $90,200 and hitting its highest level since early March. This milestone means that about 91% of all Bitcoin holders are currently in profit, reflecting widespread optimism among investors.
The price increase was accompanied by a notable rise in trading activity, with daily volume jumping to $56.7 billion—a 20% increase compared to the previous day. The most active trading pairs included BTC/USD and BTC/USDT, indicating strong demand across major markets.
Technical indicators point to continued bullish momentum. The Relative Strength Index (RSI) was at 72, suggesting strong buying pressure despite Bitcoin being in overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) showed signs of an upward trend. On-chain data revealed increased network engagement, with over 1 million active Bitcoin addresses recorded in 24 hours, marking a 15% rise from the previous day.
This price rally coincides with volatility in traditional financial markets and a weakening U.S. dollar, prompting investors to seek refuge in Bitcoin as a store of value. Bitcoin has outperformed major stock indices this month, gaining over 9% while the S&P 500 declined by 6%. Furthermore, Bitcoin-focused investment funds have seen significant inflows, signaling growing institutional interest.
Market experts observe that Bitcoin holders remain resilient despite recent economic uncertainties, including the fallout from the Silicon Valley Bank collapse, which has not triggered widespread selling. Innovative mining operations using AI technology are also contributing to steady returns for investors, adding to the positive outlook.
Overall, Bitcoin’s breakthrough above $90,000, combined with high profitability among holders and increased trading volumes, highlights a strong bullish environment. Analysts suggest that the cryptocurrency could continue its upward trajectory, with some forecasts estimating prices could reach as high as $138,500 by the end of the year.
