Was BTC Price Rally to $95K Based on False Hopes? Investors Doubtful of Trump-Xi Tariff Deal

Quick Summary:

Since April 20, Bitcoin (BTC) has soared from $80k to $95k on the back of potential settlement of the tariff wars between the US & China.

This move resulted in massive uptick in optimism leading to a $280 billion growth in the crypto market capitalization since then.

However, as US dollar weakens and BTC price The post Was BTC Price Rally to $95K Based on False Hopes?

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Article Details

Author / Journalist: Akash Girimath

Category: Crypto

Markets: IndiaChina

Topics: Hopes Rally Market Tariff Deal Price $95k Gold Bitcoin Investors Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 09:21:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 715 words

Reading Time: 4 minutes read

Sentences: 57 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28244850

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

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News Last Updated: 8 hours ago

Coverage Areas: India

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