Bitcoin Futures CME (BTC)

Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA: BTC)

Ultime notizie per Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Community Bankers Trust Corporation.

AMEX

Grayscale Bitcoin Mini Trust (BTC) is solely and passively invested in Bitcoin. Its investment objective is to reflect the value of Bitcoin held by the Trust, less expenses and other liabilities.

Grayscale Bitcoin Mini Trust

Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest

Bitcoin - United States Dollar

Bitcoin 2

BACTOLAC PHARM INC by Bactolac Pharmaceutical, Inc.

Bitcoin BEP2

Grayscale Funds Trust Grayscale Bitcoin Covered Call ETF

BTCDOWN - United States Dollar

NEOS ETF Trust NEOS Bitcoin High Income ETF

T-Rex 2X Long Bitcoin Daily Target ETF

BIT Mining Ltd

Invesco Galaxy Bitcoin ETF Common Shares of Beneficial Interest

Bitcoin Private

BTCpy - United States Dollar

BTCS Inc

Bitcoin Standard Hashrate Token

BTC Digital Ltd

Bitcoin - TrueUSD

BTC Digital Ltd Warrants (31/03/2025)

BTCUP - United States Dollar

WisdomTree Bitcoin Fund Common Shares of Beneficial Interest

Bluesky Digital Assets Corp

BLUESKY DIGITAL ASSET CRP by Bluesky Digital Assets Corp.

Biotricity Inc

BitcoinZ

Bitcoin rose higher Monday as pro-cryptocurrency Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.18%</td>
<td>$87,335.05</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.56%</td>
<td>$1,574.22</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.92%</td>
<td>$0.1595</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The apex cryptocurrency touched an intraday high of $88,821.47 after crossing $87,000 the day before, as investors cheered the breakout following weeks of sideways price action.&nbsp;
The excitement was reflected through a 98% jump in trading volumes to $38.64 billion.
The uptick, however, failed to lift Ethereum out of the doldrums, as the second-largest cryptocurrency fell below $1,600.
Bitcoin's dominance reached 63.7%, signaling continued rotation of capital from altcoins to the leading digital asset.
The sentiment may have been bolstered overnight by news of Atkins&#8217; swearing-in as the 34th SEC Chair. Atkins had previously stated that building a regulatory framework for digital assets <a href="https://in.benzinga.com/markets/25/03/44531654/trumps-sec-pick-paul-atkins-says-his-top-priority-will-be-rational-crypto-regulations-marking-shift-from-gary-genslers-approach">would be his top priority</a>.
Total liquidations reached $270 million in the last 24 hours, with nearly equal number of bullish and bearish bets erased.
Bitcoin&#8217;s Open Interest rose 3.06% in the last 24 hours, representing an increase of $3.52 billion. That said, nearly 59% of Binance traders with an open BTC position were positioned short.
The market sentiment improved from &#8220;Fear&#8221; to "Neutral," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Stacks (STX)</td>
<td>11.09%</td>
<td>$0.704</td>
</tr>
<tr>
<td>Kaspa (KAS)</td>
<td>7.88%</td>
<td>$0.08381</td>
</tr>
<tr>
<td>Decentraland (MANA)</td>
<td>5.52%</td>
<td>$0.3016</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.74 trillion, following an increase of 0.76% in the last 24 hours.
Major stock averages ended the session in the red.&nbsp; The Dow Jones Industrial Average fell 971.82 points, or 2.48%, to end at 38,170.41. The S&amp;P 500 lost 2.36% to close at 5,158.20, while the tech-heavy Nasdaq Composite finished 2.55% lower at 15,870.90.
The sell-offs came after President Donald Trump <a href="https://www.benzinga.com/government/regulations/25/04/44909343/speculators-ramp-up-bets-on-who-will-succeed-fed-chair-powell-as-trumps-pressure-campaign-intensifies">intensified his attack</a> on Fed Chair Jerome Powell, accusing him of prior political favoritism and calling for &#8220;preemptive&#8221; interest rate cuts.
Meanwhile, gold surged to a record high above $3,400 per ounce, reflecting a 0.23% increase from the previous day.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: CryptoQuant&#8217;s Head of Research, Julio Moreno, identified $91,000-$92,000 as a potential Bitcoin resistance level, which corresponded to the Trader&#8217;s On-chain Realized Price.
"The trader&#8217;s realized price acts as support when market conditions are bullish (green area, bull score &gt;= 60), and as resistance when market conditions are bearish (red area, bull score &lt;= 40)," Moreno explained.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bitcoin price resistance may be at ~$91-$92K, around the Trader&#39;s On-chain Realized Price (pink line). The trader&#39;s Realized Price acts as support when market conditions are bullish (green area, bull score &gt;= 60), and as resistance when market conditions are bearish (red area,… <a href="https://t.co/EpKSqeITbr">pic.twitter.com/EpKSqeITbr</a>
&mdash; Julio Moreno (@jjcmoreno) <a href="https://twitter.com/jjcmoreno/status/1914350833359106054?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Rekt Capital commented on Bitcoin's breakout, stating that the "multi-month downtrend" was over.
"And when a technical downtrend is broken&#8230; technical uptrends emerge," Rekt Capital added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> The multi-month Downtrend is over And when a Technical Downtrend is broken&#8230; Technical Uptrends emerge<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/GsEWQyEAc4">https://t.co/GsEWQyEAc4</a> <a href="https://t.co/VSCC0DP7EY">pic.twitter.com/VSCC0DP7EY</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1914269443401675145?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Bukhta Yurii on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44901727/solana-pushes-higher-as-staking-milestone-and-institutional-bets-fuel-rally">Solana Pushes Higher As Staking Milestone And Institutional Bets Fuel Rally</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

Markets

Movers

Trading Ideas

$BTC

$DOGE

$ETH

Bitcoin, Dogecoin Rise, Ethereum Falls As Pro-Crypto Paul Atkins Sworn In As SEC Chair: Top Analyst Declares Multi-Month BTC Downtrend Over

Stocks in the U.S. were trading sharply lower by midday Monday, while gold and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surged in tandem, as a renewed political storm surrounding Federal Reserve independence shook confidence in the U.S. dollar and triggered a broad-based risk-off <a href="https://www.benzinga.com/government/regulations/25/04/44899280/are-investors-selling-us-treasuries-as-trump-attacks-powell-heres-what-latest-etf-flows-tell-you">mood on U.S. assets.</a>
The market opened the post-Easter trading week with deep losses, after President Donald Trump took to Truth Social demanding immediate rate cuts and blasting Fed Chair Jerome Powell as "Mr. Too Late," accusing him of past political bias and inflation misjudgment. 
Trump wrote that there's "virtually no inflation" and warned of an economic slowdown unless Powell acts "NOW."
The latest barrage reignited fears that central bank independence may be under direct threat, just days after reports emerged that the Trump administration is weighing Powell's removal ahead of his scheduled 2026 term expiration.
The U.S. Dollar Index (DXY) fell as much as 1%, marking its lowest level since early 2022, as the greenback weakened against a basket of major currencies including the Japanese yen, euro and Swiss franc. 
The selloff has intensified speculation that foreign investors may accelerate the repatriation of capital from U.S. assets amid mounting political and monetary instability.
The S&amp;P 500 dropped 2.8% by midday, with the Nasdaq 100 falling 3%, led lower by steep losses in megacap tech and financials. Every major sector was in the red, with 490 of the 500 S&amp;P 500 stocks trading lower.
In another break from historical norms, U.S. Treasury yields climbed even as equities tanked and volatility spiked. The 30-year yield rose 7 basis points to 4.87%, signaling investor selling of government debt. The CBOE Volatility Index (VIX) jumped 15%. 
Gold-linked equities were the few bright spots in an otherwise brutal session. Gold prices – as tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) – surged 2.6% to $3,410 per ounce, pushing the year-to-date gain to nearly 30%—on track for the metal's best annual performance since 2007. 
The move extends gold's stunning 2-month rally, now nearing 20%, amid persistent demand for safe-haven assets.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 3.5% to trade at $88,274, echoing gold's momentum as investors seek alternatives to fiat currencies.
Monday&#8217;s Performance In Major US Indices, ETFs
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg (%)</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,837.81</td>
<td>-2.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,097.81</td>
<td>-2.7%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,135.83</td>
<td>-2.8%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>17,727.70</td>
<td colspan="2">-3.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:20 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 2.8% up to $511.49.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) fell 2.7% to $380.65.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;tumbled 3% to $430.76.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 2.3% to $182.28.</li>
<li>The&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, yet falling 1.4%; the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) lagged, down 3.5%.</li>
</ul>
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Top Performers On Monday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company Name</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>)</td>
<td>3.81%</td>
</tr>
<tr>
<td>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>)</td>
<td>2.89%</td>
</tr>
<tr>
<td>Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)</td>
<td>1.75%</td>
</tr>
<tr>
<td>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>1.02%</td>
</tr>
<tr>
<td>Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>)</td>
<td>0.86%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Worst Performers On Monday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company Name</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Universal Health Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>)</td>
<td>-10.31%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>-8.34%</td>
</tr>
<tr>
<td>Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)</td>
<td>-8.23%</td>
</tr>
<tr>
<td>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>)</td>
<td>-7.48%</td>
</tr>
<tr>
<td>Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>)</td>
<td>-7.42%</td>
</tr>
</tbody>
</table>
</figure>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/news/25/04/44886209/if-you-had-bet-on-gold-after-the-1971-nixon-shock-youd-have-beaten-the-sp-500-unless-you-did-this-one-thing">If You Had Bet On Gold After The 1971 Nixon Shock, You&#8217;d Have Beaten The S&amp;P 500 — Unless You Did This One Thing</a></li>
</ul>
Photo: FOTOGRIN/Shutterstock

Government

Large Cap

Regulations

Broad U.S. Equity ETFs

Econ #s

Federal Reserve

ETFs

SPDR Dow Jones Industrial Average ETF Trust

MRNA

NFLX

ULTA

Select Sector SPDR-Consumer Discretionary

Wall Street Sinks, Dollar Slides As Trump Ramps Up Fed Attacks: What's Driving Markets Monday?

Memecoins followed Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Sunday evening breakout, with Fartcoin again spearheading the sector-wide rally.
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based cryptocurrency spiked 4.67% over the previous day, becoming the biggest gainer among the top ten meme coins by market capitalization.
The silly-sounding coin has risen 111% in the last month, defying the tariff-induced bearishness in the broader cryptocurrency market.
Interestingly, a whale who had suffered big losses on previous FARTCOIN transactions and was holding unrealized losses flipped the script, selling around $2.47 million worth of memecoin for a $127,000 profit, according to Lookonchain.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This whale flipped the script — turned losses into gains. He sold 2.69M $Fartcoin($2.47M) at $0.92 3 hours ago, making a $127K profit.<a href="https://t.co/4YOOWwYVoz">https://t.co/4YOOWwYVoz</a> <a href="https://t.co/hFmdUNnS04">https://t.co/hFmdUNnS04</a> <a href="https://t.co/OZt2Yp3KDw">pic.twitter.com/OZt2Yp3KDw</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1914171539832139847?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Frog-themed Pepe followed suit with a 4.54% spike. The Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based coin witnessed a 4.81% jump in 24-hour trading volume to $503 million.
Meme heavyweight Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) rose 3.29% to a market capitalization of $7.5 billion, with trading volume jumping 61% to $141 million.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 12:55 a.m. ET)</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN)</td>
<td>+5.20%</td>
<td>$0.9101</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>+4.54%</td>
<td>$0.000007868</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>+3.29%</td>
<td>$0.00001276</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"></a><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), the biggest meme coin by market capitalization, also spiked 1.50%, with transaction volume shooting up 88% to a whopping $841 million.&nbsp;
Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>) and dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) gained 1.56% and 2.03%, respectively, in the last 24 hours.
Overall, the total memecoin market capitalization advanced 1.59% to $46.98 billion, with volume surging by 14.70%.
The rebound followed <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44891509/bitcoin-crosses-key-barrier-dogecoin-spikes-ethereum-flat-on-easter-sunday-popular-influencer-says-btc-needs-to-breach-88804-for-a-bullish-breakout">Bitcoin's breakout to $87,000</a> overnight on Sunday after weeks of sideways price action. The apex cryptocurrency was up about 2.60% in the last 24 hours.
Photo Courtesy: alfernec on Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44890965/shiba-inu-team-issues-major-anti-scam-alert-heres-what-you-need-to-know">Shiba Inu Team Issues Major Anti-Scam Alert: Here&#8217;s What You Need To Know</a></li>
</ul>

$FLOKI

$PEPE

$SHIB

$SOL

$WIF

Dogecoin, Shiba Inu Spike But Overshadowed Yet Again By Fartcoin—Whale Turns Losses Into Profits Thanks To Rally

Leading cryptocurrencies rose on Sunday evening following weeks of sideways price action, while stock futures dipped.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>1.93%</td>
<td>$87,151.15</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.22%</td>
<td>$1,607.66</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.60%</td>
<td>$0.1591</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin breached the $86,000 barrier to touch $87,000 for the first time in nearly three weeks. The apex cryptocurrency's breakout spurred a similar price action for Dogecoin.
Ethereum, on the other hand, failed to generate momentum, as the second-largest cryptocurrency remained in the $1,600 range.
Bitcoin's monthly gains reached nearly 3%, in stark contrast to ETH&#8217;s 13.26% drop.
The late evening rally pushed the 24-hour liquidations past $220 million, with over $140 million in short positions erased.
Bitcoin&#8217;s Open Interest rose marginally by 0.50% in the last 24 hours, indicating a surge in volatility and speculative demand.&nbsp;
The percentage of traders placing bullish long bets on Bitcoin surged to 55%, according to the Long/Short Ratio, indicating expectations of a sustained rally.
The market sentiment stayed in the &#8220;Fear&#8221; category, according to the Crypto Fear and Greed Index, although the magnitude dipped over the previous day.
Last week also saw some panic in the market after cryptocurrency trading behemoth Binance (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), along with other exchanges, faced withdrawal disruptions due to an Amazon Web Services outage on Tuesday, according to Reuters. The withdrawals resumed after around 23 minutes.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN)</td>
<td>10.21%</td>
<td>$0.909</td>
</tr>
<tr>
<td>Bittensor (TAO)</td>
<td>9.79%</td>
<td>$320.99</td>
</tr>
<tr>
<td>Artificial Superintelligence Alliance (FET)</td>
<td>9.19%</td>
<td>$0.6065</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.70 trillion, following a marginal increase of 0.10% in the last 24 hours.
Stock futures edged lower overnight Sunday. The Dow Jones Industrial Average Futures fell 158 points, or 0.40%, as of 8:38 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 dipped 0.29%, while Nasdaq 100 Futures slid 0.29%.
Stocks concluded the holiday-shortened week lower as Federal Reserve Chair Jerome Powell expressed <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44848474/fed-chair-powell-says-tariffs-lead-to-temporary-rise-in-inflation">concern about inflation and slower economic growth</a> due to Trump's tariff measures.&nbsp;
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm CryptoQuant stated that the current market movement more likely resembled a "typical correction" than a full bear cycle.
"The previous price increase was relatively modest, indicating limited market overheating, which also suggests the downside risk may be contained," CryptoQuant added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Retail Dominance Index – Binance vs. Other Exchanges "Binance has had a retail dominance of ~89.6%… higher retail ratio suggests broader retail participation with more activity coming from a range of users rather than being concentrated among a few." – By <a href="https://twitter.com/JA_Maartun?ref_src=twsrc%5Etfw">@JA_Maartun</a> <a href="https://t.co/V5iu7Yagnt">pic.twitter.com/V5iu7Yagnt</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1913273151183794177?ref_src=twsrc%5Etfw">April 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency influencer Scott Melker, aka The Wolf Of All Streets, stated Bitcoin needs to climb over $88,804 to break the trend of lower highs and lower lows.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Daily Breaking through descending resistance from the all time high. Needs to get above $88,804 to break the series of lower highs and lower lows. Is it time? <a href="https://t.co/0lX0b7rSEe">pic.twitter.com/0lX0b7rSEe</a>
&mdash; The Wolf Of All Streets (@scottmelker) <a href="https://twitter.com/scottmelker/status/1914129191819190700?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo: Igor Faun/Shutterstock
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44889289/this-crypto-analyst-predicts-bitcoin-could-soar-137-under-perfect-market-conditions">This Crypto Analyst Predicts Bitcoin Could Soar 137% Under Perfect Market Conditions</a></li>
</ul>

$BNB

Bitcoin Crosses Key Barrier, Dogecoin Spikes, Ethereum Flat On Easter Sunday: Popular Influencer Says BTC Needs To Breach $88,804 For A Bullish Breakout

The past week was a rollercoaster ride for the cryptocurrency market. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) moved sideways amid tariff uncertainties. The OM token of Layer-1 blockchain MANTRA saw a dramatic crash, wiping out billions of dollars. Meanwhile, Michael Saylor hinted at a resumption of Bitcoin buying, and President Trump lashed out at Fed Chair Jerome Powell. Cathie Wood also made significant crypto trades.
Let&#8217;s dive into the details.
Bitcoin, Ethereum, XRP, Dogecoin: A Sideways Dance
Cryptocurrency markets traded sideways on Monday, with traders keeping a close eye on the ongoing tariff uncertainty. Despite the lack of clear direction, one trader advised against going long on one of these cryptocurrencies.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44800348/bitcoin-ethereum-xrp-dogecoin-go-sideways-but-this-trader-says-you-shouldnt-long-one-of-them">Read the full article here.</a>
OM Token&#8217;s Dramatic Crash
The OM token of Layer-1 blockchain MANTRA crashed by nearly 90% on Sunday, erasing a whopping $4.6 billion from the coin&#8217;s market capitalization. The sudden plunge left investors reeling, with the CEO promising to fix the situation.
<a href="https://www.benzinga.com/25/04/44781876/om-tokens-90-crash-leaves-holders-reeling-with-lossesmantra-blames-reckless-liquidations-but-are-big-players-involved">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44884378/ethereums-2024-gains-erased-in-q1-2025-as-solana-reigns-supreme-in-dex-space-report" target="_blank" rel="noreferrer noopener">Ethereum&#8217;s 2024 Gains Erased In Q1 2025 as Solana Reigns Supreme in DEX Space: Report</a>
Michael Saylor&#8217;s Bitcoin Tease
Michael Saylor, co-founder and executive chairman of Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), hinted at a resumption of Bitcoin (BTC/USD) buying after a week&#8217;s pause. His cryptic post, &#8220;No Tariffs on Orange Dots,&#8221; left many speculating about the company&#8217;s next move.
<a href="https://www.benzinga.com/25/04/44784106/michael-saylor-teases-bitcoin-purchases-after-a-two-week-halt-with-no-tariffs-on-orange-dots">Read the full article here.</a>
Trump&#8217;s Attack on Fed Chair Powell
President Donald Trump criticized Federal Reserve Chair Jerome Powell for his reluctance to cut interest rates. Despite Trump&#8217;s tirade, market participants, as tracked by Polymarket, are overwhelmingly betting on no change in the Fed&#8217;s policy stance for its upcoming May 7 meeting.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44861571/donald-trump-blasts-too-late-and-wrong-fed-chair-powell-but-polymarket-traders-doubt-his-termination-will-come-fast-enough">Read the full article here.</a>
Cathie Wood&#8217;s Crypto Shuffle
Cathie Wood-led Ark Invest made significant trades, notably acquiring shares in Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), ARK 21Shares Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>), and 3iQ Solana Staking ETF. The move signals a reshuffling of the firm&#8217;s crypto portfolio.
<a href="https://www.benzinga.com/25/04/44855538/cathie-woods-crypto-shuffle-pours-5-2-million-into-newly-listed-solana-staking-fund-dumps-bitcoin-etf-and-buys-robinhood-dip">Read the full article here.</a>
Read Next:
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/22/11/29640123/just-in-crypto-com-suspends-these-withdrawals-deposits-on-solana-chain" target="_blank" rel="noreferrer noopener">Just In: Crypto.com Suspends These Withdrawals, Deposits On Solana Chain</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

$XRP

HOOD

MSTR

Bitcoin's Sideways Dance, OM Token Crash, Saylor's Bitcoin Tease, And Cathie Wood's Crypto Shuffle: This Week In Crypto

In the latest cryptocurrency market update, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) and Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends.
What Happened: According to data, Bitcoin is testing a key technical formation that could reverse&nbsp;its recent bearish trends. The&nbsp;digital currency is trading just below $85,000, nearing the 200 EMA at approximately $87,500,&nbsp;and challenging the 100 EMA.&nbsp;
A firm&nbsp;close above the 200 EMA&nbsp;could signal&nbsp;a significant death cross reversal, sparking renewed optimism in the broader cryptocurrency market.
In addition to Bitcoin, Solana is also displaying potential signs of a trend reversal. The asset&#8217;s strengthening price performance&nbsp;and a technical setup that&nbsp;has historically signaled the start of bull markets are noteworthy. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44065728/crypto-analyst-predicts-195-bitcoin-rally-says-bull-market-not-over-yet">Crypto Analyst Predicts 195% Bitcoin Rally, Says Bull Market Not Over Yet</a>
Solana has crossed&nbsp;its 50-day Exponential Moving Average&nbsp;(EMA), a critical resistance level often marking the beginning of sustained rallies. Solana&#8217;s current price stands at $134, reflecting a daily increase of over 2%.
Pepe, a popular meme token, is also showing signs of a possible bullish reversal, mirroring Solana&#8217;s trend. A&nbsp;breakout above the 50-day Exponential&nbsp;Moving Average (EMA) has typically signaled trend reversals, and Pepe appears to be following suit. Pepe&#8217;s current price is $0.000000730, marking a daily increase of nearly 2.4%.
Why It Matters: The potential bullish reversals of Bitcoin, Solana, and Pepe are significant indicators of the cryptocurrency market&#8217;s resilience. Despite recent bearish trends, these digital assets are demonstrating their ability to bounce back, which could inspire renewed investor confidence. 
The technical indicators suggest that the market could be entering a period of recovery, which would be a welcome development for investors who have weathered recent market volatility.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43901226/robert-kiyosaki-says-everything-bubble-will-cause-historic-market-crash-bitcoin-will-be-fastest-to-recover" target="_blank" rel="noreferrer noopener">Robert Kiyosaki Says ‘Everything Bubble' Will Cause Historic Market Crash, Bitcoin Will Be Fastest To Recover</a>
Image: Shutterstock/alfernec

Bitcoin, Solana and Pepe Show Bullish Reversal Signs Amid Market Recovery

Leading cryptocurrencies traded flat on Thursday as President Donald Trump threatened to remove Federal Reserve Chair Jerome Powell over delays in implementing monetary easing measures.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>0.84%</td>
<td>$84,856.41</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.01%</td>
<td>$1,582.75</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.12%</td>
<td>$0.1552</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin fluctuated between the high $83,000s and early $85,000s, with trading volumes falling by over 25% from the previous day.&nbsp;&nbsp;
Ethereum reached an intraday high of $1,615.30 but failed to maintain the advance, falling back to the $1,500 range.
The relatively calm trading day saw $126 million liquidated from the cryptocurrency market, with nearly equal amounts of longs and shorts erased.
Over $278 million was liquidated from the market in the last 24 hours, with bullish bets accounting for $160 million.
Interestingly, despite the sideways price action, Bitcoin&#8217;s Open Interest grew by 4.45% in the last 24 hours, potentially leading to higher volatility and a breakout in either direction in the coming days.&nbsp;&nbsp;
More than 54% of Binance futures traders were betting against the leading cryptocurrency, according to the Long/Short ratio.
The market sentiment remained in the "Fear" territory, according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Render (RENDER)</td>
<td>10.81%</td>
<td>$4.04</td>
</tr>
<tr>
<td>Artificial Superintelligence Alliance (FET)</td>
<td>8.35%</td>
<td>$0.4987</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>7.93%</td>
<td>$17.00</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.67 trillion, following a marginal increase of 0.82% in the last 24 hours.
Stocks were a mixed bag on Thursday. The Dow Jones Industrial Average lost 527.16 points, or 1.33%, to close at 39,142.23. The tech-heavy Nasdaq Composite slid 0.13% to end at 16,286.45.
The lone bright spot was the S&amp;P 500, which rose 0.13% to 5,282.70 at the session&#8217;s close.
The moves came after Trump <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44875406/hell-be-out-if-i-ask-him-can-trumps-threat-to-oust-powell-shake-the-fed">threatened to dismiss Powell</a> if rate cuts were not implemented soon, following the Fed Chair&#8217;s warning the day before about tariff-fueled inflation concerns.
A Fed chair can only be removed for cause, historically interpreted as misconduct or incapacity, not policy disagreements.
The New York Stock Exchange and Nasdaq will both be closed on Good Friday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm Glassnode stated that while Bitcoin&#8217;s realized capitalization, or the value of each coin depending on the price it was last moved, was at an all-time high, monthly growth had slowed to 0.9%.
"This indicates that while capital inflows remain positive, investor appetite is softening &#8211; signaling continued risk-off sentiment," Glassnode added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>'s realized cap has reached an all-time high of $872B, yet monthly growth has slowed to +0.9%. This indicates that while capital inflows remain positive, investor appetite is softening &#8211; signaling continued risk-off sentiment. <a href="https://t.co/XBgZP7NoWo">pic.twitter.com/XBgZP7NoWo</a>
&mdash; glassnode (@glassnode) <a href="https://twitter.com/glassnode/status/1912799267724329268?ref_src=twsrc%5Etfw">April 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Rekt Capital highlighted Bitcoin&#8217;s climb above the downward trendline but below the 50-day exponential moving average.
"BTC needs to daily close above green resistance [$85,049] &amp; retest it as support to break out beyond here," the analyst projected.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Bitcoin continues to hold above the Downtrend But still hovering below the 50-EMA resistance (purple) BTC needs to Daily Close above green resistance &amp; retest it as support to breakout beyond here<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/cBAbzkw768">https://t.co/cBAbzkw768</a> <a href="https://t.co/WkP36RlSUM">pic.twitter.com/WkP36RlSUM</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1912990102781042811?ref_src=twsrc%5Etfw">April 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo: Antonio Gravante on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44877231/ethereum-price-plunges-to-2018-levels-what-is-going-on">Ethereum Price Plunges To 2018 Levels: What Is Going On?</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Flat As Trump Attacks Powell Over Rate Cuts: Investor Appetite Softening For BTC? On Chain Analytics Firm Gives Its Take On Risk-Off Sentiment

On Thursday, Cathie Wood-led Ark Invest made significant trades, most notably offloading ARK 21Shares Bitcoin ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>) and pouring funds into the newly listed 3iQ Solana Staking ETF (SOLQ.U).
The ARK 21Shares Bitcoin ETF Trade
Ark Invest sold a significant number of shares in the ARK 21Shares Bitcoin ETF. The ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) fund offloaded 39,575 shares, representing 0.25% of the ETF. Based on the last closing price of $84.71, the value of the trade stands at approximately $3.35 million.
This move comes amidst signs of a potential bear market in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). According to data from <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44869153/unrealized-bitcoin-losses-hit-all-time-high-glassnode-says-bear-market-signs">Glassnode</a>, Bitcoin investors are facing unprecedented pressure with the largest unrealized losses on record, concentrated among new market participants.
Even so, Bitcoin showed <a href="https://www.benzinga.com/personal-finance/25/04/44867123/bitcoin-surges-past-82k-despite-u-s-risk-off-mood-is-a-breakout-brewing">impressive strength this week</a>, bouncing from $74K to $84K despite a broader U.S.-focused risk-off environment where even safe-haven assets like Treasuries and the dollar faltered. With stocks down and uncertainty high, Bitcoin&#8217;s 20% gain over six months highlights its growing appeal as an alternative asset. Over 24-hours, Bitcoin traded 0.9% higher at $84,951.
The 3iQ Solana Staking ETF Trade
Simultaneously, Ark Invest made a significant purchase of the 3iQ Solana Staking ETF (SOLQ.U). Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) funds collectively bought 475,000 shares. The transaction was valued at $4.95 million. SOLQ.U ended the day in Toronto at $10.43.
This move aligns with Ark&#8217;s <a href="https://www.benzinga.com/25/04/44855538/cathie-woods-crypto-shuffle-pours-5-2-million-into-newly-listed-solana-staking-fund-dumps-bitcoin-etf-and-buys-robinhood-dip">recent interest</a> in 3iQ Solana Staking ETF, as detailed in a <a href="https://www.benzinga.com/25/04/44855538/cathie-woods-crypto-shuffle-pours-5-2-million-into-newly-listed-solana-staking-fund-dumps-bitcoin-etf-and-buys-robinhood-dip">Benzinga report</a>. On Wednesday, Ark scooped up 500,000 shares of SOLQ.U worth $5.2 million. 
The ETF started trading on the Toronto Stock Exchange on Wednesday, with major unitholders including SkyBridge Capital, founded and managed by Anthony Scaramucci. It focuses on long-term Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) holdings acquired through over-the-counter counterparties and aims to offer investors "attractive staking rewards," according to a statement from 3iQ, which describes itself as the world's first Digital Assets Managed Account Platform. Solana spiked 2.3% higher at $134.96 over 24 hours.
Other Key Trades:
<ul>
<li>Ark Invest&#8217;s ARKF fund sold 4,184 shares of Intuit Inc. (INTU).</li>
<li>The ARKG fund sold 1,040 shares of Repare Therapeutics Inc. (RPTX).</li>
<li>ARKX bought 4,284 shares of AeroVironment Inc. (AVAV) and sold 18,832 shares of Kratos Defense and Security Solutions Inc. (KTOS).</li>
</ul>
Benzinga Edge Stock Rankings indicate ARKB has Momentum in the 92nd percentile. How do other Bitcoin ETFs compare? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="564" height="108" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17210519/Screenshot-2025-04-18-at-10.04.47.png" alt="" class="wp-image-877834" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17210519/Screenshot-2025-04-18-at-10.04.47.png 564w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17210519/Screenshot-2025-04-18-at-10.04.47-300x57.png 300w" sizes="(max-width: 564px) 100vw, 564px" /></a></figure>
Photo Courtesy: Ira Lichi on Shutterstock.com
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

ARKF

ARKW

Cathie Wood's Pours Another $4.95 Million Into Solana Staking ETF, Dumps Bitcoin ETF Again

GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), the video game retailer turned meme stock sensation, has seen its stock price skyrocket over the past year, leaving many Wall Street giants in the dust.
What happened: GameStop shares have netted returns of over 154% to their holders in the past year, outperforming tech behemoths such as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
A combination of factors has worked in the company's favor, including the <a href="https://www.benzinga.com/markets/equities/24/06/39306736/did-roaring-kitty-drive-gamestop-options-surge-strategist-analyzes-gills-funding-needs-to-exerci">social media influence of popular trader</a> Keith Gill, aka &#8220;Roaring Kitty,&#8221; and the adoption of the world's largest cryptocurrency, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), <a href="https://www.benzinga.com/general/gaming/25/03/44482313/gamestop-q4-earnings-revenue-miss-eps-beat-shares-surge-as-board-approves-bitcoin-as-treasury-reserve-asset">as a treasury reserve asset</a>.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system">Cathie Wood Calls It &#8216;Financial Services Revolution&#8217; After Ark Analyst Highlights DeFi&#8217;s Dominance Over Traditional Banking System</a>
While GameStop&#8217;s advances have boosted investor confidence, it is worth noting that a namesake cryptocurrency has produced significantly larger returns during the same time.
GameStop Coin (GME), based on the BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), has exploded 471% in the last year. The token hit an all-time high in mid-December, coinciding with the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42396548/from-100k-to-250k-analyzing-bitcoins-bull-market-signals">cryptocurrency market bull run</a>.
Note that the meme coin has nothing to do with GameStop, and it simply capitalizes on positive developments about the meme stock. The lack of fundamentals has resulted in <a href="https://www.benzinga.com/25/03/44506895/gamestop-themed-memecoin-takes-sharp-u-turn-tanks-94-after-companys-new-debt-offering-to-buy-bitcoin">wild fluctuations and short-lived rallies</a>. As of this writing, it was trading 86% below its peak value.
Price Action: Shares of GME dipped 0.04% in after-hours trading after closing 1.69% lower at $26.25 during Wednesday&#8217;s regular session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Year-to-date, the stock has dropped 16.24%.
GameStop demonstrated high momentum—a measure of a stock&#8217;s relative strength based on its price movement patterns and volatility. To compare the performance of other companies using Bitcoin, head to <a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Edge Rankings score</a>.
At the time of writing, the GameStop memecoin traded at $0.00005588, up 5.65% in the last 24 hours.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44832008/peter-schiff-says-since-trump-was-elected-bitcoin-advocates-took-a-180-turn-on-us-economy-but-critics-say-economist-mistaken">Peter Schiff Says Since Trump Was Elected Bitcoin Advocates Took A 180 Turn On US Economy, But Critics Say Economist Mistaken</a></li>
</ul>
Image Via Shutterstock

General

MSFT

NVDA

TSLA

Think GameStop's 150% Yearly Jump Was Wild? Check Out Its Namesake Memecoin, Which Leaves It In The Dust With A 5X Surge

Israel Englander&#8216;s Millennium Management purchased Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value.
What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.
The firm&#8217;s 768,911 units of the Bitcoin ETF dropped from $43.11 to $37.38 per unit, resulting in a value drop from $33.1 million to $28.7 million – a 13.25% loss of approximately $4.39 million.
The Ethereum investment fared worse, with 1,702,038 units falling from $25.74 to $14.96 per unit. This reduced the total value from $43.8 million to $25.5 million, marking a steep 41.86% decline amounting to roughly $18.34 million.
In total, Millennium's crypto ETF investments have lost an estimated $22.7 million.
See Also: <a href="https://www.benzinga.com/25/04/44857887/taiwan-semiconductor-q1-surges-41-in-sales-boosted-by-ai-chip-demand-expanded-margins">Taiwan Semiconductor CFO Anticipates Tariffs Impact But Has Not Seen Change In Customer Behavior Yet, Issues Strong Q2 Outlook</a>
Why It Matters: These losses come amid broader challenges for Millennium, which reportedly suffered approximately $900 million in losses this year due to market volatility impacting its index rebalancing strategy. Despite these setbacks, the firm was down l<a href="https://www.benzinga.com/markets/25/03/44209624/millennium-management-faces-900m-loss-amid-market-volatility-what-investors-should-know">ess than 1% through February</a>.
Millennium, founded by Englander in 1989 with just $35 million, employs <a href="https://www.benzinga.com/markets/equities/25/01/42807107/israel-englanders-millennium-management-dumps-nvidia-loads-up-on-broadcom-heres-what-the-70-billion-hedge-fund-sees">multiple investment strategies</a> including relative value, equity arbitrage, fixed income, and quantitative approaches.
Englander, who began his career as a floor broker and trader on the American Stock Exchange, has maintained 100% ownership of Millennium since its inception.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44857928/jeff-bezos-sells-seattle-mansion-for-record-63-million-after-move-to-floridas-billionaire-bunker">Jeff Bezos Sells Seattle Mansion For Record $63 Million After Moving To Florida&#8217;s &#8216;Billionaire Bunker&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>
Photo Courtesy: Paopano On Shutterstock.com

AVGO

BABA

Millennium Management's Bitcoin And Ethereum ETFs Purchased In Q4 Suffer $22.7 Million Loss Amid Crypto Slump

Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining to stimulate its economy without compromising its environmental goals.
What Happened:  In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan&#8217;s sovereign wealth fund, Druk Holding and Investments Ltd., revealed the Himalayan nation&#8217;s intentions for green cryptocurrency mining, referring to coins produced using clean and renewable energy sources.
Dahal said that each digital coin mined in Bhutan using hydropower effectively &#8220;offsets&#8221; a coin mined using fossil fuels.
See Also: <a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"></a><a href="https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system">Cathie Wood Calls It &#8216;Financial Services Revolution&#8217; After Ark Analyst Highlights DeFi&#8217;s Dominance Over Traditional Banking System</a>
Since 2019, the sovereign wealth fund, which controls Bhutan&#8217;s only power generation utility, has been incorporating cryptocurrencies into its portfolio, Dahal added. As of this writing, it owns a Bitcoin stash worth over $646, <a href="https://intel.arkm.com/explorer/entity/druk-holding-investments" target="_blank" rel="noreferrer noopener">according</a> to blockchain analytics platform Arkham, making it a bigger holder than <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43738696/el-salvadors-bitcoin-president-nayib-bukele-meets-michael-saylor-to-accelerate-adoption">El Salvador</a>.
Bhutanese officials were also considering the possibility of large conglomerates purchasing Bhutan&#8217;s &#8220;green&#8221; coins to fulfill their environmental, social, and governance norms, the report noted. 
Apart from cryptocurrency mining, Dahal emphasized that training Bhutan&#8217;s youth&nbsp;in blockchain and artificial intelligence technology&nbsp;could fuel job growth in the country. 
Notably, Bhutan recorded a youth unemployment rate of 19% in 2024, up from 15.9% in 2023, according to government statistics.
Why It Matters: Leading officials in the Bhutan government have been actively endorsing hydro-powered Bitcoin mining as a viable and eco-friendly venture.
Bhutan&#8217;s Prime Minister Tshering Tobgay <a href="https://www.benzinga.com/25/04/44805594/bhutans-bitcoin-bet-prime-minister-explains-how-crypto-curbed-civil-service-exodus">deemed it a &#8220;simple, strategic choice,&#8221;</a> capable of delivering billion-dollar returns.
Earlier in January,&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42892791/bhutans-special-administrative-region-announces-strategic-reserve-consisting-of-bitcoin-ethereum-bnb-coin-bhutan-is-open-to-other-cryptos-says-changpeng-cz-zhao" target="_blank" rel="noreferrer noopener">a special administrative region</a>&nbsp;in the country announced that it would hold a multi-cryptocurrency strategic reserve, consisting of Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), to boost its economic resilience.
Price Action: At the time of writing, Bitcoin was exchanging hands at $84,390.03, up 1.16% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/44603859/bitcoin-braces-for-trump-tariff-announcement-short-term-optimism-has-the-upper-hand-experts-say" target="_blank" rel="noreferrer noopener">Bitcoin Braces For Trump Tariff Announcement: &#8216;Short-Term Optimism&#8217; Has The Upper Hand, Experts Say &#8211; Benzinga</a></li>
</ul>
Photo Courtesy: Framalicious On Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Bhutan Flexes Hydropower For Bitcoin Mining, Explores Sale Of 'Green' Coins

Leading cryptocurrencies traded flat on Wednesday as Federal Reserve Chair Jerome Powell&#8217;s positive comments regarding the industry.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>0.88%</td>
<td>$84,097.68</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.11%</td>
<td>$1,584.40</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.70%</td>
<td>$0.1548</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin reached a high of $85,428.28 in the afternoon but reversed sharply to $83,000, as trading volume dipped 1.28% in the last 24 hours.
Ethereum also had a choppy session, bouncing around $1,500, with the exception of a brief jump above $1,600.
Bitcoin&#8217;s market dominance increased to 63.1%, while Ethereum&#8217;s share fell to 7.2%.
Over $278 million was liquidated from the market in the last 24 hours, with bullish bets accounting for $160 million.
Bitcoin&#8217;s Open Interest dropped 0.13% in the last 24 hours, while the Long/Short Ratio on Binance indicated a higher percentage of traders positioned bullish on the apex cryptocurrency.
The market mood remained one of "Fear," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Core (CORE)</td>
<td>15.67%</td>
<td>$0.609</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN)</td>
<td>11.80%</td>
<td>$0.9025</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>11.54%</td>
<td>$2.29</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.65 trillion, following a marginal increase of 0.41% in the last 24 hours.
Stocks sold off sharply on Wednesday. The Dow Jones Industrial Average plunged 699.57 points, or 1.73%, to close at 39,669.39. The S&amp;P 500 lost 2.24%, ending at 5,275.70, while the tech-focused Nasdaq Composite retreated 3.07% to close at 16,307.16.
The market shuddered after Fed Chair Powell <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44848474/fed-chair-powell-says-tariffs-lead-to-temporary-rise-in-inflation">hinted at the growing risk of higher inflation and slower growth</a> due to President Donald Trump's tariffs.
The probability of interest rates remaining unchanged at next month&#8217;s central bank meeting rose to 83.1% from 81.4% the day before, <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">according </a>to the CME FedWatch tool.
In another development, Powell said that the U.S. was preparing <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44850021/fed-chair-powell-says-crypto-and-banking-rules-will-loosen-as-sector-matures">to relax certain cryptocurrency and banking rules</a> and that the industry has matured and become more mainstream.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular on-chain analytics firm CryptoQuant noted that the pace of Bitcoin accumulation has reached a two-month low, while outflows have increased.
"Whale holdings fell by 30,000 BTC this week. Miner outflows hit 15,000 BTC on April 7 as margins sank to 33%. Accumulation is now at its lowest pace since February," CryptoQuant added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Whale holdings fell by 30K BTC this week. Miner outflows hit 15K BTC on April 7 as margins sank to 33%. Accumulation is now at its lowest pace since February. <a href="https://t.co/3CcbzfO5x4">pic.twitter.com/3CcbzfO5x4</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1912484962235752850?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Amid Ethereum's stagnation, influential cryptocurrency analyst Ali Martinez identified levels of interest to watch for.
"$1,528.50 is a key support level for Ethereum, where 2.61 million addresses accumulated over 4.82 million $ETH," Martinez stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">$1,528.50 is a key support level for <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a>, where 2.61 million addresses accumulated over 4.82 million <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>, as shown by on-chain data from <a href="https://twitter.com/intotheblock?ref_src=twsrc%5Etfw">@intotheblock</a>. <a href="https://t.co/HRnfADqqcR">pic.twitter.com/HRnfADqqcR</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1912567919533588523?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Paopano On Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/25/04/44849610/bitcoin-miners-buckle-under-april-price-pressure-but-jp-morgan-analyst-says-mara-cleanspark-held-strong">Bitcoin Miners Buckle Under April Price Pressure, But JP Morgan Analyst Says MARA, CleanSpark Held Strong</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Steady Amid Stock Meltdown As Fed Chair Jerome Powell Signals Crypto Rules Relaxation: Popular Analyst Identifies Key Support Level For ETH

On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably acquiring shares in Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), ARK 21Shares Bitcoin ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>), and 3iQ Solana Staking ETF.
The Robinhood Trade
Ark Invest&#8217;s flagship fund, ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), purchased 60,266 shares of Robinhood Markets Inc. on Wednesday. The trade, valued at approximately $2.45 million, was made as Robinhood&#8217;s stock <a href="https://www.benzinga.com/news/25/04/44850529/whats-going-on-with-robinhood-markets-hood-stock-2">faced a sharp decline</a>. The stock closed at $40.66, down 7.76% on Wednesday following Powell&#8217;s remarks about inflation and trade tariffs, which spooked the market. Robinhood, heavily reliant on retail trading, is particularly sensitive to such market volatility. <a href="https://www.benzinga.com/news/25/04/44850529/whats-going-on-with-robinhood-markets-hood-stock-2">Robinhood&#8217;s user</a> <a href="https://www.benzinga.com/news/25/04/44850529/whats-going-on-with-robinhood-markets-hood-stock-2">base</a>, largely consisting of retail investors, may reduce trading activity in uncertain environments, adding pressure on the company&#8217;s performance.
The ARK 21Shares Bitcoin ETF Trade
In another notable move,  ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) fund sold 31,817 shares of the ARK 21Shares Bitcoin ETF. The ETF closed at $84.15, marking a slight increase of 0.38%. This trade, worth $2.7 million, comes as Bitcoin ETFs are showing signs of recovery after a challenging period. According to recent reports, Bitcoin ETFs <a href="https://www.benzinga.com/25/04/44850800/bitcoin-holds-steady-as-etf-inflows-continue-and-state-reserve-efforts-face-setback">recorded $76.4 million</a> in net inflows, signaling a rebound after significant outflows. Over 24 hours, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) traded nearly 1% higher at $84,350.98.
The 3iQ Solana Staking ETF Trade
Ark Invest also made a significant purchase of 500,000 shares of the 3iQ Solana Staking ETF across its Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) and ARKW funds. SOLQ.U closed at $10.34 on Wednesday, making the Ark transaction worth $5.2 million. The ETF began trading on the Toronto Stock Exchange on Wednesday, with its largest unitholders including Anthony Scaramucci founded and managed SkyBridge Capital. It invests in long-term holdings of Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), which are bought from over-the-counter counterparties and aims to give investors &#8220;attractive staking rewards, according to a statement released by 3iQ, which calls itself the world&#8217;s first Digital Assets Managed Account Platform. Over a 24-hour period, Solana shot up over 5% to $132.08.
Other Key Trades:
<ul>
<li>Sold 234,788 shares of UiPath Inc from the ARKF fund.</li>
<li>Sold 9,610 shares of Repare Therapeutics Inc from the ARKG fund.</li>
<li>Sold 88 shares of Prime Medicine Inc from the ARKK fund.</li>
</ul>
Benzinga Edge Stock Rankings show Robinhood Momentum in the 98th percentile and Growth in the 92nd percentile. Want to know how Interactive Brokers stacks up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here</a> and find out.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="793" height="100" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/16213737/Screenshot-2025-04-17-at-10.37.14.png" alt="" class="wp-image-875468" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/16213737/Screenshot-2025-04-17-at-10.37.14.png 793w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/16213737/Screenshot-2025-04-17-at-10.37.14-300x38.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/16213737/Screenshot-2025-04-17-at-10.37.14-768x97.png 768w" sizes="(max-width: 793px) 100vw, 793px" /></a></figure>
Photo Courtesy: viewimage on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://benzinga.com/25/04/44831978/senator-josh-hawley-proposes-historic-tax-cuts-for-americans-earning-below-80k-annually-republicans-should-fix-th" target="_blank" rel="noreferrer noopener">Josh Hawley Proposes &#8216;Historic&#8217; Tax Cuts For Americans Earning Below $80K Annually: &#8216;Republicans Should Fix This Now&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ARKK

Cathie Wood's Crypto Shuffle: Pours $5.2 Million Into Newly Listed Solana Staking Fund, Dumps Bitcoin ETF And Buys Robinhood Dip

Leading cryptocurrencies dipped alongside stock futures Tuesday as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares tumbled after being informed by the U.S. government that it will need a license to export chips to China.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-1.65%</td>
<td>$83,364.77</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.77%</td>
<td>$1,585.59</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-3.59%</td>
<td>$0.1534</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin peaked at a high of $86,429.35 in early trading before a sharp decline to $83,100 overnight. Ethereum charted a similar trajectory, plunging to an intraday low of $1,577.05 after a morning spike.
In the past 24 hours, 97,198 traders were liquidated, with total liquidations at $208.63 million. More than $136 million in bullish bets was erased due to the pullback.&nbsp;
That said, about $700 million in shorts risked liquidation if Bitcoin rebounds to $86,850.
Bitcoin&#8217;s Open Interest plunged 6.54% in the last 24 hours. Meanwhile, its Long/Short Ratio on Binance rose above 1, suggesting that futures traders were buying its latest dip.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>MANTRA (OM)</td>
<td>27.19%</td>
<td>$0.7892</td>
</tr>
<tr>
<td>DeXe (DEXE)</td>
<td>6.26%</td>
<td>$13.28</td>
</tr>
<tr>
<td>Story (IP)</td>
<td>5.64%</td>
<td>$4.06</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.63 trillion, following a contraction of 1.45% in the last 24 hours.
Stock futures edged lower on Tuesday night. The Dow Jones Industrial Average Futures fell 112 points, or 0.28%, as of 9 p.m. EDT.  Futures tied to the S&amp;P 500 dipped 0.76%, while Nasdaq 100 Futures lost 1.33%.
The sell-offs came after artificial intelligence darling Nvidia said in a regulatory filing that the government contacted it last week to let it know it <a href="https://www.benzinga.com/news/global/25/04/44828742/nvidia-stock-is-tumbling-after-hours-heres-why">will need a license to sell H20 chips to China</a>, sending the shares down 6.33% in after-hours trading.
President Donald Trump&#8217;s <a href="https://www.benzinga.com/25/04/44797640/former-treasury-secretary-yellen-says-trumps-tariff-plans-are-a-pipe-dream-americans-feel-paralyzed-by-the-uncertainty">back-and-forth on tariffs</a> has injected major volatility into markets this month, with the Dow and S&amp;P 500 down 3.86% and 4.19%, respectively, since April began.&nbsp;
Amid concerns about inflation and economic slowdown, investors will watch out for March's retail sales report, slated for a Wednesday release.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm CryptoQuant noted that the 30-day moving average of Bitcoin's Market Value to Realized Value indicator was at a six-month low, indicating an "extreme fear" sentiment and exhaustion of selling pressure.
"Historically, these zones have served as psychological and technical support, marking points of correction or resumption of the uptrend," CryptoQuant stated.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bitcoin MVRV MA30d reaches its lowest level in 6 months "Although market sentiment is anchored in fear, the recent cyclical behavior of the MVRV suggests a possible recovery opportunity in the BTC price." – By <a href="https://twitter.com/gaah_im?ref_src=twsrc%5Etfw">@gaah_im</a> Read more &#x2935;&#xFE0F;<a href="https://t.co/Gfyat1rhc0">https://t.co/Gfyat1rhc0</a> <a href="https://t.co/UXBLUQigVI">pic.twitter.com/UXBLUQigVI</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1912139563776037051?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Michaël van de Poppe highlighted the surge in global money supply. Historically, changes in M2 money supply have <a href="https://sarsonfunds.com/the-correlation-between-bitcoin-and-m2-money-supply-growth-a-deep-dive/">correlated </a>with Bitcoin's movements
"If the correlation remains, then I assume that we&#8217;ll see Bitcoin rally to an ATH in this quarter," the analyst predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A great chart, which shows the M2 Supply is rallying back upwards. If the correlation remains, then I assume that we&#39;ll see <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> rally to an ATH in this quarter. This would also imply a rise in CNH/USD, a fall in Yields, a fall in Gold, a fall in DXY, and a rise in #… <a href="https://t.co/wLCabG6kdN">pic.twitter.com/wLCabG6kdN</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1912059235241705849?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Bukhta Yurii on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44823070/us-recession-fears-are-intensifying-but-is-bitcoin-the-real-flight-to-safety-expert-weighs-in">US Recession Fears Are &#8216;Intensifying&#8217; — But Is Bitcoin The Real Flight To Safety? Expert Weighs In</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Match Decline In Stock Futures As Nvidia Hit By China Chip Curbs: Analyst Hopes For New BTC All-Time High In Q2

Bhutan&#8217;s prime minister backed government involvement in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining, stating that it could be a strategic decision with potential billion-dollar returns, according to a media report on Monday.
What Happened: During an <a href="https://www.aljazeera.com/economy/2025/4/14/bitcoin-king-why-is-bhutan-betting-on-crypto#:~:text=In%202023%2C%20the%20Bhutanese%20government,civil%20servants%20quitting%20their%20jobs.">interview </a>with Al Jazeera, Tshering Tobgay revealed that the utilization of the country&#8217;s excess hydropower energy during the summer months for Bitcoin mining made &#8220;tremendous sense.&#8221;
&#8220;It's just a simple strategic choice that many people have made and earned billions of dollars, and I think governments should do it," Tobgay added, emphasizing the potential of Bitcoin as an economic resource.
Citing analysts, the report noted that Bitcoin mining was one of the few industries that could allow Bhutan to grow its economy while aligning with its environmental values.
Bhutan has a strong commitment to protecting its natural resources, with its constitution <a href="https://www.worldwildlife.org/projects/bhutan-committed-to-conservation">mandating </a>a minimum of 60% of its total land area be maintained under forest cover.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44733933/stablecoins-are-doing-for-money-what-whatsapp-did-for-messaging-crypto-venture-capitalist-says" target="_blank" rel="noreferrer noopener">Stablecoins Are Doing For Money What WhatsApp Did For Messaging, Crypto Venture Capitalist Says</a>
Bhutan has also employed Bitcoin mining to reduce brain drain from the country&#8217;s civil service. According to the report, the government sold $100 million worth of cryptocurrencies in 2023, resulting in a doubling of civil servants&#8217; wages and a decrease in their resignations the following year.
Why It Matters: Bhutan is <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40996451/max-keiser-says-el-salvador-needs-to-step-it-up-as-bhutans-bitcoin-adoption-astonishes-cry">one of the world&#8217;s biggest</a>&nbsp;Bitcoin&nbsp;holders, with a stash worth more than $656 million held by its state-owned investment firm,&nbsp;Druk Holdings,&nbsp;<a href="https://intel.arkm.com/explorer/entity/druk-holding-investments" target="_blank" rel="noreferrer noopener">according</a>&nbsp;to blockchain analytics platform&nbsp;Arkham. This makes it a larger Bitcoin owner than&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43654402/el-salvador-proved-bitcoin-is-not-destined-to-be-money-analyst-says">El Salvador</a>.
But it&#8217;s not just Bitcoin that the Asian country was betting on. Earlier in January, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42892791/bhutans-special-administrative-region-announces-strategic-reserve-consisting-of-bitcoin-ethereum-bnb-coin-bhutan-is-open-to-other-cryptos-says-changpeng-cz-zhao">a special administrative region</a> in the country announced that it would hold Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and BNB Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>) as part of its strategic reserve to strengthen its economic resilience.
Notably, the SEC clarified last month that activities like Bitcoin mining were not subject to federal securities rules, possibly accelerating the industry&#8217;s expansion in the U.S. as well.
Price Action: At the time of writing, Bitcoin was exchanging hands at $85,593.98, up 1.15% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. 
Photo Courtesy: Framalicious On Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/44805037/shiba-inus-burn-rate-fires-1734-but-traders-are-still-betting-against-the-memecoin-what-yo" target="_blank" rel="noreferrer noopener">Shiba Inu&#8217;s Burn Rate Fires 1734% But Traders Are Still Betting Against The Memecoin—What You Need To Know</a></li>
</ul>

Bhutan PM Says Bitcoin Mining 'Simple Strategic Choice' For Governments, Himalayan Kingdom Uses Crypto To Reduce Brain-Drain From Civil Services

Leading cryptocurrencies remained flat on Monday, while stocks rose in response to President Donald Trump&#8217;s tariff respite for technology products.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>0.01%</td>
<td>$84,785.75</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>0.78%</td>
<td>$1,631.31</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-3.73%</td>
<td>$0.1579</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin chopped between $84,000 and $85,000 throughout the day, with the intraday peak of $85,785.00 set in the early trading hours.
Ethereum stagnated in the $1,600 range, prolonging investors' wait for an upside breakout to $1,700.
The two heavyweights have diverged this month. While Bitcoin has gained 2.58% since the beginning of April, Ethereum has fallen 11% in the same period.
Over $213 million was liquidated from the cryptocurrency market in the last 24 hours, with bullish long bets accounting for $120 million.
Bitcoin&#8217;s Open Interest rose by 0.53% in the last 24 hours, matching its spot price movement. Meanwhile, the Long/Short Ratio on Binance dropped further, suggesting higher hopes of a downside breakout.
The market mood remained in "Fear," according to the Crypto Fear and Greed Index, although the intensity weakened from yesterday.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN)</td>
<td>14.48%</td>
<td>$0.9176</td>
</tr>
<tr>
<td>Kaspa (KAS)</td>
<td>7.68%</td>
<td>$0.07853</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>5.89%</td>
<td>$2.01</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.68 trillion, following a marginal drop of 0.18% in the last 24 hours.
The latest spike followed <a href="https://in.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">Trump's exemptions</a> on consumer electronics and semiconductors, including those from China, from reciprocal tariffs, providing temporary relief to tech behemoths like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Stocks rose during Monday's trading session. The Dow Jones Industrial Average jumped 312.08 points, or 0.78%, to end at 40,524.79. The S&amp;P 500 gained 0.79% to 5,405.97, while the tech-focused Nasdaq Composite added 0.64% to close at 16,831.48.
The market gave a thumbs-up to <a href="https://www.benzinga.com/25/04/44797640/former-treasury-secretary-yellen-says-trumps-tariff-plans-are-a-pipe-dream-americans-feel-paralyzed-by-the-uncertainty">Trump's exemption of technology products</a> such as smartphones, computers, and semiconductors from the new reciprocal tariffs, including those from China.&nbsp;
However, Commerce Secretary Howard Lutnick indicated later that these <a href="https://www.benzinga.com/general/market-summary/25/04/44784107/us-stocks-likely-to-open-higher-expert-says-the-selling-pressure-is-starting-to-be-exhausted">electronics exemptions are temporary</a>, and further tariffs could follow soon.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: In a note to Benzinga, Chris Kline, COO and co-founder of BitcoinIRA, said that Bitcoin was demonstrating market strength, and its price action around $85,000 has reignited conversations about a "proper decoupling" from stocks.
Kline also delved into taxes and tariffs.
"While tax season is upon us, most Americans are focused on tariffs," he said. "The reality is that this new policy from the administration is poised to maximize external revenue sources, which will allow a new tax structure for most Americans in 2025."
Widely followed cryptocurrency analyst Ali Martinez identified $82,024 as a crucial support for Bitcoin, where more than 96,500 BTCs were previously bought.
"A level worth watching closely," Martinez stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most critical support for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> sits at $82,024, where 96,580 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> were previously accumulated. A level worth watching closely! <a href="https://t.co/LJwGU9lsvc">pic.twitter.com/LJwGU9lsvc</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1911900772800831949?ref_src=twsrc%5Etfw">April 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Yalcin Sonat on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44798912/cryptopunk-tax-flunk-nft-seller-pleads-guilty-in-13m-fraud-case">CryptoPunk, Tax Flunk: NFT Seller Pleads Guilty In $13M Fraud Case</a></li>
</ul>

AAPL

Bitcoin, Ethereum Steady, Dogecoin Falls Even As Trump's Tariff Reprieve Boosts Stocks: Analyst Says $82,024 BTC Level 'Worth Watching Closely'

Wall Street pared early morning gains by midday Monday, as investor caution returned despite a temporary easing in U.S.-China trade tensions. While the initial market reaction was positive, especially in tech, enthusiasm faded as <a href="https://www.benzinga.com/markets">the trading session progressed.</a>
Over the weekend, the White House announced a provisional exemption for smartphones and semiconductors from China&#8217;s proposed 145% trade tariff. These items will instead face a 20% levy—linked to fentanyl-related enforcement—until sector-specific duties are finalized.
The development triggered a strong premarket rally in technology stocks. Yet, those gains were sharply trimmed by midday amid broader geopolitical and policy concerns.
During a White House meeting with El Salvador President Nayib Bukele, President Donald Trump said he plans to impose tariffs on pharmaceutical imports to boost domestic manufacturing. 
He reiterated a hardline stance on Iran, warning of severe consequences if Tehran develops nuclear weapons, but also suggested &#8220;flexibility&#8221; in tariff negotiations, emphasizing a desire not to harm U.S. businesses.
Defensive and domestic-oriented sectors such as real estate, utilities, and consumer staples outperformed broader markets. In contrast, consumer discretionary was the only sector trading in negative territory.
Treasury yields dropped significantly, reflecting increased demand for U.S. government debt and easing fears of foreign liquidation. The 2-year yield fell 10 basis points to 3.87%, while 10-year benchmark yield dropped 7 basis points to 4.42%.
Gold pulled back 1% to $3,200 per ounce, pausing after a three-session rally. Crude oil fell 0.8% to $61 per barrel, while natural gas slid 2.9% to $3.39 per MMBtu, eyeing its lowest level since last Wednesday.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was little changed at $84,000, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) gained 2.1% to $1,630.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,326.49</td>
<td>0.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,377.08</td>
<td>0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,695.41</td>
<td>0.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,856.16</td>
<td colspan="2">-0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:30 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.5% up to $537.23.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.4% to $403.81.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.4% higher to $454.38.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.1% higher to 184.74.</li>
<li>The&nbsp;Real Estate&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, up 1.9%; the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) lagged, down 0.5%.</li>
</ul>
In company news, Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) reported stronger-than-expected earnings during the first quarter, and shares rose 1.9%.
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Gainers On Monday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company </th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sandisk Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDK#NASDAQ">SNDK</a>)</td>
<td>6.91%</td>
</tr>
<tr>
<td>Charles River Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>)</td>
<td>5.98%</td>
</tr>
<tr>
<td>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)</td>
<td>4.69%</td>
</tr>
<tr>
<td>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>4.64%</td>
</tr>
<tr>
<td>Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>4.15%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">S&amp;P 500&#8217;s Worst 5 Losers On Monday</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>)</td>
<td>-3.80%</td>
</tr>
<tr>
<td>DaVita Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVA#NYSE">DVA</a>)</td>
<td>-3.61%</td>
</tr>
<tr>
<td>UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)</td>
<td>-3.04%</td>
</tr>
<tr>
<td>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>)</td>
<td>-2.39%</td>
</tr>
<tr>
<td>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>-2.36%</td>
</tr>
</tbody>
</table>
</figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/25/04/44794083/7-chipmaker-stocks-set-to-gain-as-trump-delays-tariff-blow-on-key-china-tech-imports-bank-of-america">7 Chipmaker Stocks Set To Gain As Trump Delays Tariff Blow On Key China Tech Imports: Bank Of America</a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Sector ETFs

Economics

Tech

AMZN

ENPH

FSLR

PLTR

SNDK

XLRE

Wall Street Pulls Back After Early Gains As Tariff Uncertainties Persist: What's Driving Markets Monday?

As Bitcoin (CRYPO: BTC) has reclaimed the $85,000 mark, cryptocurrency analyst Benjamin Cowen highlights how the apex crypto recovered following <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44634188/are-bitcoin-and-the-sp-500-heading-for-a-death-cross">its recent death cross</a>.
What Happened: In his latest <a href="https://www.youtube.com/watch?v=9Qg02JYoXB0&amp;ab_channel=BenjaminCowen">analysis</a> published on Monday, Cowen points out that Bitcoin has rallied toward its bull market support band. The 21-week exponential moving average is currently at $86,600, and the 20-week simple moving average is at $92,500.
This pattern follows his earlier prediction that Bitcoin would likely experience a sell-off before the death cross followed by a rally afterward.
Cowen notes this pattern has occurred consistently in recent years. Bitcoin found local bottoms around death cross events in 2023, 2022, and even 2019.
The key question is whether the current rally will lead to a higher or a lower high, similar to what happened in 2019 when Bitcoin rallied after a death cross but eventually made a slightly lower low before establishing a double bottom and beginning a more substantial uptrend.
Read Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock" target="_blank" rel="noreferrer noopener">&nbsp;</a><a href="https://www.benzinga.com/25/04/44677895/another-crypto-firm-set-to-go-public-galaxy-digital-foresees-nasdaq-listing-soon-after-sec-approves-delaware-move" target="_blank" rel="noreferrer noopener">Another Crypto Firm Set To Go Public: Galaxy Digital Foresees Nasdaq Listing Soon After SEC Approves Delaware Move</a>
Why It Matters: Despite the recent volatility, Cowen emphasizes that Bitcoin has maintained support above its 2024 high, showing resilience compared to traditional markets. 
&#8220;The S&amp;P and the NASDAQ essentially already tested those prior yearly highs,&#8221; he noted, pointing out that the NASDAQ even briefly dropped below its 2021 high <a href="https://in.benzinga.com/25/04/44662164/us-stock-futures-slump-following-massive-tariff-induced-selloff-experts-warn-of-a-brewing-great-depression-like-pattern">during the recent sell-off</a>.
For investors concerned about further downside, Cowen identifies the range between the 2021 high and the 2024 high as critical support that would need to hold for the current cycle to remain intact. 
A drop below this range could signal the cycle has peaked, potentially leading to a more extended bearish period.
The analyst attributes much of the recent market uncertainty to the constantly changing tariff situation.
 &#8220;For the markets, it&#8217;s not even the tariffs that are the biggest deal, it&#8217;s the uncertainty around them,&#8221; Cowen stated.
Cowen&#8217;s most important message centers on avoiding emotional trading decisions. 
He warns against panic selling after significant drops and then buying back during counter-trend rallies. This can lead to poor results.
Instead, he advocates for strategic risk management. Investors should have considered reducing exposure back in January when &#8220;perfection was getting priced in&#8221; rather than panic-selling after a 30% drop, he adds.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44789931/strategy-adds-3459-bitcoin-despite-q1-losses-holds-25-of-btc-supply">Strategy Adds 3,459 Bitcoin Despite Q1 Losses, Holds 2.5% Of BTC Supply</a></li>
</ul>
Image: Shutterstock

Bitcoin Surges Back To $85,000: What Does The Technical Analysis Show?

Michael Saylor, co-founder and executive chairman of Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), hinted at a resumption of its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) buying streak following a week&#8217;s pause.
What happened: Saylor took to X on Sunday to post a chart that tracks the company's Bitcoin purchases, with a cryptic caption, "No Tariffs on Orange Dots."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">No Tariffs on Orange Dots <a href="https://t.co/Cg3bCVPMcM">pic.twitter.com/Cg3bCVPMcM</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1911408383808217104?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Notably, similar Sunday posts with mysterious messaging have piqued the market's interest recently, as they have <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43583287/michael-saylor-declares-death-to-blue-lines-long-live-green-dots-is-strategys-btc-purchase-streak-about-to-resume">almost always</a> preceded Bitcoin acquisitions the following Monday.&nbsp;
If Saylor's firm does announce BTC buys on Monday, it'd <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44671650/strategy-reports-59-billion-in-unrealized-bitcoin-losses-pauses-new-purchases">mark a resumption after a week's pause</a>. In a recent SEC filing, Strategy revealed that no additional BTC was purchased during the week ending April 6.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44677895/another-crypto-firm-set-to-go-public-galaxy-digital-foresees-nasdaq-listing-soon-after-sec-approves-delaware-move">Another Crypto Firm Set To Go Public: Galaxy Digital Foresees Nasdaq Listing Soon After SEC Approves Delaware Move</a>
As of this writing, Strategy's Bitcoin stockpile has grown to 528,185 BTCs, worth $44.68 billion, with an unrealized profit of 25%, <a href="https://bitcointreasuries.net/">according </a>to&nbsp; bitcointreasuries.com.
Why It Matters: Bitcoin and the broader cryptocurrency market witnessed a much-needed rebound last week after President Donald Trump <a href="https://www.benzinga.com/25/04/44782168/dogecoin-xrp-pumped-in-last-weeks-rebound-but-this-under-the-radar-token-was-the-real-head-turner-with-a-134-rally">relaxed his sweeping tariff measures</a>, which had been the sector&#8217;s undoing recently.
However, Bitcoin mining, a critical part of the industry, <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44672428/analyst-warns-tariffs-could-push-us-bitcoin-mining-build-costs-20-higher">may face disruptions</a>, as most U.S.-based miners rely on China for supplies of application-specific integrated circuits and the equipment that includes these chips. 
Analyst John Todaro warned that material costs for core infrastructure at U.S. Bitcoin mining sites could rise by roughly 20%, threatening to cut into miners' profits.
Notably, the U.S. has <a href="https://www.benzinga.com/news/25/04/44778488/as-trump-intensifies-tariff-war-with-china-global-economy-feels-the-tremors-whats-the-endgame-here">raised import duties on Chinese goods</a> to a whopping 145% as a result of the uncompromising stance taken by the two countries.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $84,717.19, up 0.41% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Shares of Strategy were up 2.21% in pre-market trading after closing 10.2% higher at $299.98 during Friday's regular session.&nbsp;
MSTR demonstrated a high momentum score—a measure of the stock&#8217;s relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. To find out similar high-momentum stocks,  go to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44677671/does-the-us-government-know-who-is-satoshi-nakamoto-crypto-lawyer-sues-department-of-homeland-security-to-unravel-bitcoin-creators-identity">Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin</a></li>
</ul>

Michael Saylor Signals Resumption Of Strategy's Bitcoin-Buying Streak After A Week's Break: 'No Tariffs On Orange Dots'

Leading cryptocurrencies traded sideways on Sunday after President Donald Trump's tariff reprieve on technology products.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.41%</td>
<td>$84,801.98</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.16%</td>
<td>$1,619.24</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.76%</td>
<td>$0.1657</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin touched an intraday high of $86,015 before being dragged down by profit-taking. The apex cryptocurrency had a rough start to the week but has recovered, gaining over 7% in the last seven days.
Meanwhile, Ethereum struggled to reclaim $1,700, wobbling in the $1,600 region throughout the week.&nbsp;
Bitcoin maintained a market dominance of more than 62%, while Ethereum&#8217;s share fell to 7.3%.&nbsp;
Nearly $340 million was liquidated from the market in the last 24 hours, with over $225 million in long positions erased.
Bitcoin&#8217;s Open Interest fell by 5.47% in the last 24 hours. Moreover, the Long/Short Ratio on Binance rose to 0.94, indicating an increase in bullish positioning for the asset.
The market sentiment was one of "Fear," according to the Crypto Fear and Greed Index, marking an improvement from the "Extreme Fear" witnessed last week.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Flare (FLR)</td>
<td>5.12%</td>
<td>$0.01652</td>
</tr>
<tr>
<td>Tron (TRX)</td>
<td>3.71%</td>
<td>$0.255</td>
</tr>
<tr>
<td>Artificial Superintelligence Alliance (FET)</td>
<td>2.74%</td>
<td>$0.4993</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.68 trillion, following a marginal decline of 0.84% in the last 24 hours.
Stock futures edged higher Sunday overnight. The Dow Jones Industrial Average Futures rose 147 points, or 0.36%, as of 8:30 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 added 0.74%, while Nasdaq 100 Futures spiked 1.25%.
The latest spike followed <a href="https://in.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">Trump's exemptions</a> on consumer electronics and semiconductors, including those from China, from reciprocal tariffs, providing temporary relief to tech behemoths like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm CryptoQuant noticed the narrowing difference between Binance's perpetual futures price and the spot price of Bitcoin.
"The perpetual-spot gap can shift quickly and often leads price action. If it turns positive soon, it could be a clear sign of returning buyer confidence and the potential for another bullish wave," CryptoQuant added. "A positive gap indicates that traders are willing to pay a premium on futures, reflecting confidence in continued upside."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Bitcoin Perpetual-Spot Gap Is Narrowing "The Perpetual-Spot Gap can shift quickly and often leads price action. If it turns positive soon, it could be a clear sign of returning buyer confidence and the potential for another bullish wave." – By <a href="https://twitter.com/joao_wedson?ref_src=twsrc%5Etfw">@joao_wedson</a> <a href="https://t.co/T74gzwaLMz">pic.twitter.com/T74gzwaLMz</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1911508046020280731?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Ali Martinez highlighted $86,000 as a key resistance zone for Bitcoin.
"A rejection could send it back to $79,000, but a breakout might open the path to $97,000," the analyst predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">$86,000 is a key resistance zone for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>. A rejection could send it back to $79,000, but a breakout might open the path to $97,000. <a href="https://t.co/wf8hHxcq0T">pic.twitter.com/wf8hHxcq0T</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1911510702545842556?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44779946/unprecedented-3-billion-xrp-trade-fuels-market-rebound">Unprecedented $3 Billion XRP Trade Fuels Market Rebound</a></li>
</ul>

Bitcoin, Dogecoin Flat, Ethereum Slides After Trump's Breather On Tech Tariffs: $79,000 Or $97,000? Analyst Predicts Next Moves For BTC

Press Releases

World's Lowest Fee Bitcoin and Ether ETPs (Ticker: BTC, Ticker: ETH) Garner $750,000,000 Inflows in First Three Months of Trading

Dividends

Grayscale Investments® Announces Intention to Effect Reverse Share Splits for Grayscale® Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale® Ethereum Mini Trust ETF (Ticker: ETH)

Grayscale Investments® Announces Completion of Reverse Share Splits for Grayscale® Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale® Ethereum Mini Trust ETF (Ticker: ETH)

GBTC

Common units of fractional undivided beneficial interest

Comments

Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest

Notizie

Ultime notizie per Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO