Bitcoin rebounded 8% from its overnight low as some investors bought its dip below $79,000, although the largest crypto by market value looked wobbly, along with other risk-on assets, after U.S. and Ukraine presidents Donald Trump and Volodymyr Zelenskyy clashed in the White House Friday.
The top cryptocurrency was recently trading above $84,500, up nearly 1% over the past 24 hours but still off 18% from a month ago—and well off its all-time high over $108,000 set in mid-January. Analysts remain pessimistic about its near-term prospects.
“Bitcoin’s rebound from below $79K shows the resilience of dip-buying interest, especially with liquidity still strong in the crypto market,” Joe DiPasquale, CEO of crypto asset manager BitBull, wrote…
Apr 19 2025
