Bitcoin Surges Past $95,000 in April, Eyeing $100,000 Milestone

Bitcoin Ends April with Strong Rally, Reaching $95,000The cryptocurrency market is closing April 2025 on a high note, with Bitcoin leading a significant rally. After weeks of cautious sentiment earlier in the month, Bitcoin has surged past $95,000 on April 25, marking its best weekly performance of 2025 with an impressive 11% gain[5]. This represents the strongest seven-day rally since November 2024 and brings Bitcoin close to the $100,000 psychological threshold that analysts are now watching closely[5].The rally began mid-April when Bitcoin reversed its downward trend that had seen it drop nearly 32% to around $74,508[5]. Several factors have fueled this impressive comeback. A weakening U.S. Dollar Index, which hit a three-year low on April 21, has boosted investor appetite for risk assets including cryptocurrencies[5]. Additionally, renewed institutional interest is evident through increasing inflows into U.S. spot Bitcoin ETFs, with $381.4 million flowing in on Monday alone, marking the fourth day of inflows in the last five trading sessions[1].Regulatory developments have also contributed to the positive sentiment. The appointment of a new SEC Chairman, Paul Atkins, and progress on a U.S. stablecoin regulation bill have increased confidence in the sector[1]. The U.S. Treasury Secretary's proposal to ease regulations on stablecoins has further supported market liquidity[1].Technical indicators remain bullish with Bitcoin breaking through key resistance levels. Currently trading around $93,884[5], Bitcoin faces resistance at $100,000 and $110,000, with support levels established at $90,000 and $73,500[5].This crypto market strength comes as gold has slipped 6% from its recent all-time high, suggesting investors may be rotating from traditional safe-haven assets into digital alternatives[5]. As Bitcoin approaches the critical $100,000 mark, market participants are watching closely for sustained momentum and potential breakthrough to new all-time highs.