{"id":4345,"date":"2025-04-21T10:51:54","date_gmt":"2025-04-21T10:51:54","guid":{"rendered":"https:\/\/otetmarkets.com\/blog\/?p=4345"},"modified":"2025-04-21T10:52:44","modified_gmt":"2025-04-21T10:52:44","slug":"bitcoin-rally-above-87000-april-2025","status":"publish","type":"post","link":"https:\/\/otetmarkets.com\/blog\/news\/bitcoin-rally-above-87000-april-2025\/","title":{"rendered":"Bitcoin Surges Above $87,000: Is a New Bull Run Coming?"},"content":{"rendered":"\n<p>Bitcoin made headlines this Sunday as its price climbed past <strong>$87,000<\/strong> for the first time this month, fueled by <strong>global liquidity growth<\/strong> and <strong>renewed institutional buying<\/strong>. With Bitcoin surges making news, many analysts remain cautious to call it the beginning of a true &#8220;bull run.&#8221;<\/p>\n\n\n\n<p>\ud83d\udd3a According to data from <em>The Block<\/em>, Bitcoin gained <strong>over 2.4%<\/strong> in the last 24 hours, reaching <strong>$87,325. <\/strong>The recent dips and rises are part of the frequent surges in Bitcoin&#8217;s value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-drivers-behind-bitcoin-s-recent-surge\"><br><strong>Key Drivers Behind Bitcoin\u2019s Recent Surge<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-rising-global-liquidity\"><br><strong>\ud83d\udcb8 1. Rising Global Liquidity<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>M2 money supply<\/strong> across major economies (U.S., Europe, Japan, China) has hit a record <strong>$90.2 trillion<\/strong>.<\/li>\n\n\n\n<li>This influx of liquidity is pushing investors toward <strong>higher-risk assets<\/strong> like cryptocurrencies, contributing to Bitcoin surges.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-institutional-reentry\"><br><strong>\ud83c\udfe6 2. Institutional Reentry<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strategy Inc.<\/strong> (formerly MicroStrategy) recently bought an additional <strong>3,459 BTC<\/strong>.<\/li>\n\n\n\n<li>Bitcoin spot ETFs in the U.S. saw <strong>$15.8 million in net inflows<\/strong> last week, signaling renewed institutional interest and adding to Bitcoin surges.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Read More:<a href=\"https:\/\/otetmarkets.com\/blog\/news\/cathie-wood-predicts-bitcoins-next-big-milestone\/\">Cathie Wood Predicts Bitcoin\u2019s Next Big Milestone<\/a><\/strong><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-michael-saylor-s-statement\"><br><strong>\ud83d\udde3\ufe0f 3. Michael Saylor\u2019s Statement<\/strong><\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBitcoin is immune to company, country, currency, or culture. Not even chaos can stop it.\u201d<\/em><br>\u2014 Michael Saylor, Executive Chairman of Strategy Inc.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-performance-of-major-cryptocurrencies\"><br><strong>Performance of Major Cryptocurrencies<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Cryptocurrency<\/th><th>24h Change<\/th><th>Price<\/th><\/tr><\/thead><tbody><tr><td>Ethereum (ETH)<\/td><td>\u2b06\ufe0f +0.97%<\/td><td>$1,632<\/td><\/tr><tr><td>Ripple (XRP)<\/td><td>\u2b06\ufe0f +1.38%<\/td><td>$2.11<\/td><\/tr><tr><td>Solana (SOL)<\/td><td>\u2b07\ufe0f -0.87%<\/td><td>$140.20<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-bull-run\"><br><strong>What Is a Bull Run?<\/strong><\/h2>\n\n\n\n<p>A <strong>Bull Run<\/strong> is a period when an asset\u2019s price increases <strong>continuously<\/strong> over a certain timeframe, driven by <strong>positive market sentiment. <\/strong>When Bitcoin surges, it could signal the beginning of such a period.<br>\u2705 It\u2019s usually marked by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strong <strong>institutional demand<\/strong><\/li>\n\n\n\n<li>Growing <strong>investor confidence<\/strong><\/li>\n\n\n\n<li><strong>Lower interest rates<\/strong><\/li>\n\n\n\n<li>Increased <strong>buying pressure<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-is-this-the-start-of-a-new-bull-run\"><br><strong>Is This the Start of a New Bull Run?<\/strong><\/h2>\n\n\n\n<p>According to <strong>Peter Chung<\/strong>, Head of Research at <em>Presto Research<\/em>, various factors could be contributing to these Bitcoin surges:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIt\u2019s too early to call this a bull run. Ongoing U.S. trade negotiations, high interest rates, and strong bond yields are still keeping investors cautious.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-other-analysts-add\"><br>Other Analysts Add:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A rate <strong>cut by the Federal Reserve<\/strong> could be the catalyst for the next crypto rally.<\/li>\n\n\n\n<li>The <strong>next FOMC meeting<\/strong> is scheduled for <strong>May 6\u20137, 2025<\/strong>.<\/li>\n\n\n\n<li>Current market pricing implies only a <strong>12.4% chance<\/strong> of a rate cut (via the FedWatch tool).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><br><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Bitcoin&#8217;s rise above $87,000 is a <strong>positive signal<\/strong>, especially in a time of global financial uncertainty. These Bitcoin surges may be part of a larger trend.<br>However, analysts warn that it\u2019s too soon to declare a full-fledged bull market.<br>Until the Fed\u2019s monetary policy becomes clearer and global trade tensions ease, investors may remain cautious.<\/p>\n\n\n\n<p>Still, if <strong>interest rates fall<\/strong> and macroeconomic risks decline, <strong>Bitcoin could be poised for its next big leap<\/strong>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.theblock.co\/post\/351330\/bitcoin-rallies-above-87000-next-bull-run-talk-too-early-analysts\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin made headlines this Sunday as its price climbed past $87,000 for the first time this month, fueled by global liquidity growth and renewed institutional buying. With Bitcoin surges making news, many analysts remain cautious to call it the beginning of a true &#8220;bull run.&#8221; \ud83d\udd3a According to data from The Block, Bitcoin gained over [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,22,2],"tags":[29],"class_list":["post-4345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-cryptocurrency-market-education","category-news","tag-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/4345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=4345"}],"version-history":[{"count":2,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/4345\/revisions"}],"predecessor-version":[{"id":4349,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/4345\/revisions\/4349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media\/4347"}],"wp:attachment":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=4345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=4345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=4345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}