Bitcoin News Today TheBitTimes.com

Bitcoin surged past $94,000 for the first time in almost two months after President Donald Trump softened his stance on China tariffs and pledged not to fire Federal Reserve Chair Jerome Powell. Speaking at a White House press conference, Trump said the US will be ”very nice” to China and that tariffs will ”come down substantially” if the two sides can reach a deal. He added that Powell will remain in his role, signaling continuity at the Fed amid investor concerns over future monetary policy. The reassurances sparked bullish momentum across crypto markets, lifting Bitcoin more than 6% to top $94k at 4:10 a.m EST, its highest level in seven weeks. The meme coin sector surged 14%, with Dogecoin, Shiba Inu and Pepe all logging double-digit gains as risk-on appetite returned. Bitcoin ETF Inflows Hit Almost $913M Institutional investors upped their exposure to the leading crypto, with inflows for US spot Bitcoin ETFs (exchange-traded funds) reaching $912.7 mill...

XRP’s crash has sent markets tumbling right now, with the Solana’s price dip and Cardano’s plunge into cold waters also hitting investors hard. The sudden crypto downturn has triggered an astonishing $840 million in long liquidations across major tokens as Bitcoin fell below a value of $77,000 at the time of writing. Many traders are now wondering if this drop presents a buying opportunity or signals further decline. Let’s see! Also Read: XRP vs Solana: 76% vs 11% Growth Potential – Which Crypto Wins in 2025? Buy The Dip Strategy Amid Crypto Liquidations And Price Crashes Source: Reddit The XRP crash intensity shocked many traders and investors alike, with CoinGlass data showing that Bitcoin traders lost over $322 million and Ethereum futures saw nearly $290 million wiped out. And smaller altcoins weren’t spared either, with the XRP crash and Solana price dip contributing to an unusually high $80 million in liquidations, such as we haven’t seen in mon...

President Trump’s ‘Liberation Day’ tariffs yesterday wiped roughly $140 billion from the cryptocurrency market within a matter of hours. Notably, the announcement of the new duties being imposed caused an immediate sell-off from short-term Bitcoin (BTC) holders. To be more precise, short-term traders sold a total of 18,930 Bitcoins in the immediate aftermath of the trade war’s latest chapter, per a chart shared on April 3 by noted crypto chart researcher Ali Martinez on X. The multicolored Spent Output Age Bands (SOAB) chart delineates liquidations based on position age. Traders who had been holding Bitcoin for one to three months sold 3,113 BTC, while those who had been holding for three to six months sold slightly less of the cryptocurrency — 2,737 Bitcoins, to be exact. Picks for you WhiteBIT Nova surpasses 1 million transactions   ...

The XRP price surged over 18% after Ripple declared ”victory” over a lawsuit brought against it by the Securities and Exchange Commission (SEC), despite being fined $125 million. “This is a victory for Ripple, the industry and the rule of law,” said Ripple CEO Brad Garlinghouse i n a post on X. “The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. The SEC’s headwinds against the whole of the XRP community are gone.” A New York federal judge ordered Ripple Labs to pay a $125 million civil penalty on August 7. The judge added that the fintech company is “permanently restrained and enjoined” from violating US securities laws as part of the case brought by the SEC three years ago. The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing ou...

Renzo Protocol’s liquid restaking token (LRT), ezETH , suffered a sharp depeg overnight, in response to an unpopular and misleading token omics announcement. LRTs are popular with so-called ‘airdrop hunters’ in the decentralized finance (DeFi) sector. Many opt to take on highly leveraged exposure to the ETH-pegged assets to increase their chances of receiving a portion of the project’s own token upon launch. However, the announcement faced significant backlash as it revealed that just 5% of Renzo’s REZ token supply was set aside for the initial airdrop (despite the disingenuous use of a not-to-scale pie chart). The image has since been adjusted. Oh wow, this is pretty bad from @RenzoProtocol 1st, a large portion of the tokens are going to investors and team 2nd, looks like they’re trying to skew how bad it looks with the design of the pie chart Notice the bottom “half” is 62%, whereas the two 2.5%’s appear to be ~20% pic.twitter.com/1TWIaC9fNI — Blur (@BlurCrypto) April 2...