Bitcoin Seizes the $95K Throne as Institutions Swarm

DAILY MARKET OVERVIEW

Bitcoin’s Resilience Tested

👋 Hey, Crypto Enthusiasts! Bitcoin isn’t giving an inch, and this week could get spicy. Here’s what you need to know..

👑 Back to Business: Bitcoin Stands Tall

After a relatively quiet weekend, crypto markets are roaring back to life.
Bitcoin remains strong above $90,000, refusing to give up its throne. 💪 

ETF inflows are a major force behind this strength. U.S. spot Bitcoin ETFs logged an impressive $3 billion in inflows last week, marking their best week since November 2024.

Adding to the bullish fire, Strategy announced a huge purchase of 15,355 BTC (worth $1.42 billion), pushing their holdings to an eye-watering 553,555 BTC.

Another major player, Twenty One Capital, is expected to buy $3.6 billion worth of BTC. While no official confirmation has been made, the strong price action suggests they may have already started accumulating.

Typically, after Strategy announces a major purchase, we see Bitcoin dip as the buying pressure fades. This time, however, BTC is holding up remarkably well.

🧠 Analysts Weigh In:

• Bernstein expects a "supply squeeze" soon, driven by corporate accumulation and ETF inflows.
  

• Standard Chartered’s Geoffrey Kendrick predicts a new Bitcoin all-time high of $120,000 as early as Q2 2025.
  

• Kendrick emphasizes that "now" is the best time to buy and maintains a $200,000 year-end 2025 target.

📉 Macro Headwinds to Watch

Despite crypto’s strong fundamentals, macro risks are lurking.

• The market still prices in three Fed rate cuts by December 2025, but stagflation fears are growing.
  

• US-China trade tensions remain unresolved. The rest of the world’s 90-day reciprocal tariff pause from April 9 is still hanging in the air, and when it ends, volatility could spike.
  

• Chinese President Xi Jinping has publicly denied any recent discussions with Trump, fueling uncertainty.

📚 Insights from Apollo Global Management:

Their new document, "How are US consumers and firms responding to tariffs?", lays out a sobering reality:

• Imported goods are becoming more expensive

• Companies are cutting spending, new orders, and hiring

• Consumers are spending less and saving more

• Shipping and trucking demand are falling off a cliff

• Tourism is down, credit card delinquencies are rising, and layoffs are hitting retail and logistics

Tariffs are weakening the economy and making inflation sticky. This creates a dangerous mix that could hurt risk assets, but Bitcoin's emerging role as a "safe haven" could lead to surprising resilience.

We expect the tariff effects to start showing up in late May and June, likely bringing heightened volatility, possibly to the downside.

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SOCIAL SENTIMENT

Accumulation Continues, but Traders Turn Cautious

Today saw more evidence of quiet but steady Bitcoin accumulation, known among traders as TWAPing (time-weighted average price buying).

It’s likely driven by Strategy, Twenty One Capital, or potentially another major institution operating under the radar.

But despite the strong buying, sentiment is shifting.

⚡ Traders Are Derisking:

• The massive BTC purchases and the recent sharp move in altcoins have made many traders nervous.

• Profit-taking and reduced exposure are becoming more common.

🔎 Key Voices:

• Joseph Wang warns that SPX lows are not in yet, signaling broader market weakness.

• Inflation risks are back in focus. Important data drops this week include JOLTS on Tuesday and PCE on Wednesday, both of which could shake up markets.

🎯 Trend Highlights:

• Meme coins and AI agents continue to outperform all other sectors

• No major narrative shifts yet

Strategy for the Week:

Stay nimble. Keep exposure light. Let the incoming data guide positioning.

This is not the week to be overconfident.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Monero Jumps 51% Amid Suspicious Bitcoin Transfer
Monero surged after investigators highlighted a $333 million Bitcoin swap into XMR, fueling speculation of laundering activities.

Swiss Supermarket Chain Spar to Roll Out Bitcoin Payments Nationwide
Spar will expand Bitcoin payments across Switzerland, marking one of the country’s largest retail crypto integrations after successful trials.

Nike Sued for $5 Million Over RTFKT NFT Shutdown
Nike faces a class action lawsuit accusing it of a rug pull after shutting down its NFT platform RTFKT earlier this year.

Ethereum Researcher Proposes 100x Gas Limit Boost to Improve Scaling
Ethereum’s gas limit could exponentially rise over the next four years under a new EIP proposal aiming to process up to 2,000 TPS.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Ivan On Tech – BITCOIN: THIS WEEK WILL CHANGE EVERYTHING!!! (28.04.2025 Summary)

🔹 Main Points

• Bitcoin broke major resistance at $93K–$94K, confirming the bullish trend.

• Ivan targets $100K in the near term, citing historical breakout behavior.

• Solana remains dominant in L1 activity; SUI shows early competitive strength.

• Ethereum proposes 100x Layer 1 scaling but faces coordination risks.

• Retail investor engagement is at multi-year lows; institutions dominate flows.

• Fed balance sheet stabilization signals potential monetary easing ahead.

• On-chain capital inflows are strengthening, reducing downside risk.

🚀 Bitcoin Price Action

• Technical breakout: Bitcoin reclaimed prior resistance ($93K–$94K) and turned it into support, a critical bullish structure.

• Demand drivers: Institutional buying pressure (e.g., Michael Saylor) remains consistent; CZ hints at undisclosed catalysts.

• Momentum forecast: Ivan projects rapid price acceleration, similar to prior breakouts after extended sideways periods.

• Short-term target: $100K as the next major psychological and technical milestone.

📈 Layer 1 Altcoin Competition

• SUI performance: Surpasses Ethereum in daily stablecoin transactions; increasing network fundamentals.

• Solana's strength: Continues to dominate active user metrics and decentralized application (dApp) growth.

• Ethereum scaling plans: Proposed 100x gas limit upgrade (Dankrad Feist’s EIP) could dramatically improve L1 throughput but would require broad ecosystem coordination.

• Ivan's view: Solana’s execution clarity offers a competitive advantage over Ethereum’s multi-year, uncertain L2 strategy.

🏦 Institutional Investment Trends

• Retail absence: YouTube views, Twitter engagement, and Google search volumes remain 70–80% lower than 2021 peaks.

• Institutional dominance: ETFs, corporate treasuries, and wealth managers are the primary sources of new Bitcoin inflows.

• Banking pivot: Citibank and others are launching direct crypto services, giving advisors a compliant path to allocate client capital.

• Structural shift: Ivan expects continued rotation of conservative capital into crypto through regulated channels.

📊 Macroeconomic Outlook

• Fed balance sheet: Four consecutive weeks of stabilization after prolonged decline, suggesting QT (Quantitative Tightening) may have ended.

• Liquidity impact: Bitcoin historically lags monetary expansion by ~12 weeks; balance sheet growth could fuel Bitcoin’s next surge.

• Market context: Traditional assets (tech stocks, gold) show weakness relative to Bitcoin, further enhancing BTC’s risk/reward appeal.

🔥 On-Chain Analytics

• Network capital flows: Willy Woo’s models show increasing Bitcoin inflows, bottoming from previous lows.

• Risk model reversal: Indications that systemic downside risk is muted while bullish momentum strengthens.

• Interpretation: Ivan aligns with bullish interpretations, noting divergence in analyst outlooks but trusting the capital flow trends.

🧠 Strategic Investment Perspective

• Bitcoin under-allocation: Institutions and corporates are dramatically underweight BTC relative to long-term growth projections.

• Adoption drivers: Mainstream acceptance (e.g., Citi, BlackRock) lowers barriers for mass capital inflow.

• Comparative advantage: Bitcoin’s monetary policy and decentralized nature position it as a superior store of value over real estate and traditional bonds, especially under inflationary regimes.

📈 Ivan's Final Outlook

• Short-term: Bitcoin highly likely to reach $100K based on technical strength, liquidity trends, and lack of retail-driven mania.

• Medium-term: Bitcoin positioning for further gains as macro conditions pivot toward monetary easing.

• Strategic advice: Investors without Bitcoin exposure risk underperformance against inflation and asset repricing over the next 12–24 months.

CryptoRUs – Perfect Storm Brewing...Macro Week + Events Points Bitcoin at Six Figures (28.04.2025 Summary)

🔹 Main Points

• Despite macro volatility, Bitcoin remains stable at ~$94–$95K.

• Trump administration softened tariff stance, helping market sentiment.

• Dollar weakness and poor earnings forecasts create mixed macro signals.

• Bitcoin strengthening as a store of value narrative takes hold.

• Altcoins (SUI, SOL, ADA, AVAX, XRP) showed strong recoveries.

• Upcoming events (inflation data, major conferences) could boost momentum.

• George believes a six-figure Bitcoin is possible very soon.

🚀 Macro Environment and Market Sentiment

• Trump’s softer trade stance with China and global partners improved risk sentiment.

• Ongoing fears around corporate earnings and dollar weakness remain concerns.

• Bitcoin’s resilience during economic volatility strengthens its reputation as a safe haven.

• Inflation data this week could show higher inflation due to tariffs, potentially driving more capital into Bitcoin.

📈 Bitcoin and Altcoin Performance

• Bitcoin held strong despite major economic reports, futures/options expirations, and volatile macro conditions.

• Altcoins rallied alongside Bitcoin:

  • Big caps (SOL, ADA, AVAX, XRP) up double digits.

  • Gaming, DeFi, and newer L1 projects like SUI also surged.

• Positive momentum from last week expected to continue if macro events stay stable.

🏦 Key Events This Week

• PCE Inflation Report (Wednesday): critical for measuring post-tariff inflation impact.

• Major Crypto Conferences:

  • Token 2049 Dubai

  • Sui Base Camp

  • Multiple smaller industry events

• Conference "drop superstition" noted, but George expects bullish momentum to override typical volatility.

📊 Short-Term Outlook

• George sees no major negative technical patterns emerging.

• Macro uncertainty (Trump policies, inflation numbers) is the main wildcard.

• Bitcoin could realistically push toward six figures if momentum sustains and macro shocks are limited.

📈 Final Takeaway

• Bitcoin's resilience last week reinforces growing institutional and retail trust.

• Altcoins are showing early signs of recovery, following Bitcoin’s lead.

• Barring unexpected macro shocks, George remains very optimistic for Bitcoin and crypto markets this week, with $100K in clear sight.

CRYPTO MEMES