🤑 Bitcoin Is Back Above $90,000

Can this rally take king crypto back to $100K?

Author

Ivan
April 22, 2025

Happy Tuesday!

Bitcoin is back above $90,000 and experts are pointing to its strength amid dollar weakness, which could possibly extend the rally to $100,000.

XRP, Solana, Dogecoin and many other crypto-related ETFs are waiting for their SEC approval this summer — here are the 72 different ETFs currently waiting.

Plus, markets are breaking down—and breaking out. With 35 years on Wall Street, Matt Maley knows how to read between the headlines. Join him live Wednesday at 6 PM ET to see the technical patterns and setups that can lead to surprising gains—even in a sideways market.

TOP STORY

Bitcoin has surged past the $90,000 mark and experts point to its growing perception as a safe-haven asset akin to "digital gold" amid a weakening U.S. dollar and market volatility.

Tracy Jin, COO of MEXC, emphasizes Bitcoin’s resilience, noting that its tandem rally with gold signals a shift in investor perception.

“Bitcoin’s ability to post gains is reshaping investor perception,” Jin said, highlighting its potential decoupling from risk-on assets.

How high can Bitcoin go during this rally?

SPECIAL OFFER

Markets are breaking down—and breaking out. With 35 years on Wall Street, Matt Maley knows how to read between the headlines. Join him live Wednesday at 6 PM ET to see the technical patterns and setups that can lead to surprising gains—even in a sideways market.

QUICK N DIRTY

Dogecoin and Shiba Inu are well behind Fartcoin, the current meme coin narrative leader, which has surged above $1 on this latest rally.

Bitcoin has a dual use case, which makes it a particularly attractive asset during these uncertain times, according to Standard Chartered.

XRP led the crypto investment product inflows last week, with Ethereum notably lagging behind its challenger.

FINTECH FOCUS

A total of 72 cryptocurrency-related exchange-traded funds are currently awaiting approval by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.

The ETFs cover various categories including spot products, leveraged and inverse ETFs, staking-based funds and derivative structures such as futures and options.

“Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year,” Balchunas said on his X account.

Which ETFs will be approved first?

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