Bitcoin Today 01/04/2025: Bitcoin Returns to $84K as Altcoins Rise Over 3%
- Bitcoin price US$84k today.
- XRP, SOL, and ADA on the rise.
- Price movements contrary to the crowd.
The cryptocurrency market started this Tuesday, April 1st, with a significant recovery in the last 24 hours. As a result, the price of the main cryptocurrencies shows considerable increases today, with Bitcoin and Ethereum rising 2% and 3% respectively, while XRP, SOL, DOGE and ADA rose between 2% and 5%.
Bitcoin made a major recovery today after falling to the $81 zone on March 31, and is currently trading above $84. At the time of publication, the price of Bitcoin was quoted at $84.011,74, up 2.2% in the last 24 hours, equivalent to approximately R$473,501.65 BRL and €77,855.23 EUR.
The recent development of the largest cryptocurrency on the market was closely monitored by experts from the analytics platform Santiment, who highlighted the price movement of Bitcoin contrary to the crowd's expectations.
“Bitcoin prices looked encouraging to retail traders on Monday before they got a little too excited and started to get scared that they would lose control and call for $100K+ $BTC price levels once again. As has been the norm throughout 2025, when the crowd starts to lean too far in one direction, prices continue to move in the opposite direction. Monitor for bottoming signals and ideal buying opportunities by watching for when retailers start to show serious pain and fear.”
🥲 Bitcoin prices looked encouraging for retail traders on Monday before they got a bit overly excited and began FOMO'ing in calling for $100K+ $ BTC price levels once again. As has been the norm throughout 2025, when the crowd begins leaning too far in one direction, prices…
- Santiment (@santimentfeed) April 1, 2025
Following Bitcoin’s current development, major cryptocurrencies are witnessing significant price increases in the last 24 hours. Ethereum is trading at $1.860,53 with a 2.5% increase in its price. XRP is trading at $2,13 with a 2.3% increase. Cardano is trading at $0,6727 after registering a 4.4% increase. Solana is seeing a 2.4% increase and is trading at $127,45. With a 4.1% increase, DOGE is trading at $0,1704.
Dollar Could Lose Reserve Status to Bitcoin, BlackRock CEO Warns
Larry Fink, CEO of BlackRock, launched a stark warning about the potential erosion of the US dollar’s status as the world’s primary reserve currency. In his annual letter to investors, Fink noted that the unsustainable growth of the US national debt could pave the way for cryptocurrencies like Bitcoin to emerge as viable alternatives.
Fink’s comments not only elevate Bitcoin from a purely speculative asset to a potential dollar substitute in global financial markets, but also point to a broader recognition of its role in the global economic landscape. He drew a direct comparative analysis between the traditionally dominant role of the dollar and the growing appeal of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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