Bitcoin ($BTC) is back in the spotlight after vaulting past $87,400 on April 21—its highest level in nearly a month. That marks a 16% gain from the April 9 low near $75,000 and confirms a breakout from a prolonged consolidation range. Traders are now setting their sights on $90,000 as the next key milestone. Momentum is building, fueled by a blend of technical strength and macro shifts. The U.S. Dollar Index has dropped nearly 10% year-to-date, easing pressure on risk assets and favoring hard-money alternatives like Bitcoin and gold. " $BTC 's breakout above $87K is fueled by a tick up in global liquidity, driven by the expanding M2 money supply & renewed institutional interest…" Dominick John, Analyst, Kronos Research @TheBlock__ https://t.co/SYKRdG8tm2 — Kronos Research (@KronosResearch) April 21, 2025 Crypto analyst Rekt Capital highlighted BTC’s successful retest of support, while Geiger Capital noted a “decoupling” from tech equities—a signal that Bitcoin may be forging its own macro path. Strategy Expands Its $45B Bitcoin War Chest Institutional demand continues to grow. Strategy (formerly MicroStrategy), led by Michael Saylor, recently added 3,459 BTC for $285 million, bringing total holdings to 531,644 BTC—worth nearly $45 billion. Missed the weekend headlines? Here's our top news from the past 24 hours: Over 13K institutions exposed to Strategy as Saylor hints at BTC buy. Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts. Vitalik Buterin proposes swapping EVM language… pic.twitter.com/EemJR9KhIY — Cointelegraph (@Cointelegraph) April 21, 2025 Strategy stock is now owned by more than 13,000 institutions and 800,000 individual investors, with indirect exposure extending to over 55 million people via ETFs, pensions, and insurance vehicles. Its inclusion in the Nasdaq 100 in December 2024 effectively turned Strategy into Wall Street’s BTC proxy. This significant accumulation tightens supply and adds pressure on prices to move higher. Political Uncertainty Adds to Bitcoin’s Appeal The macro backdrop is also tilting in Bitcoin’s favor. French Finance Minister Eric Lombard warned that U.S. credibility could be at risk if Donald Trump follows through with rumored plans to fire Federal Reserve Chair Jerome Powell. France's finance minister says firing Fed Chair Powell would tear into U.S. credibility and spark chaos in world markets. He claims it could push the dollar off its throne and rattle bond markets from NYC to Tokyo Trump is fed up with Powell and says his "termination couldn’t… — Bitcoin.com News (@BTCTN) April 21, 2025 Lombard said such a move could rattle bond markets, increase debt costs, and weaken the dollar—all scenarios that historically benefit Bitcoin. In times of monetary policy uncertainty, BTC is often viewed as a hedge against fiat instability. Eyes on $90K—What’s Next for Bitcoin? Having cleared $87K, Bitcoin’s next resistance sits near $88,760. A breakout there would open the door toward $90,000—a level that now looks well within reach. Institutional buying, a weakening dollar, and potential political turmoil are all stacking up in Bitcoin’s favor. As the market absorbs these catalysts, the bullish thesis is only gaining traction. Bottom Line: The road to $90K isn’t guaranteed—but the conditions are lining up. If bulls stay in control, this breakout may just be getting started. BTC Bull Presale Crosses $4.82M as Staking Yields Hit 85%—Next Price Hike Near With Bitcoin hovering around the $85,000 level, investor interest in BTC Bull Token ($BTCBULL) continues to grow. The Ethereum-based meme coin has now raised $4,827,870.94 out of its $5,550,445 presale target, leaving just a small window for new buyers to lock in tokens at the current rate of $0.00247. What makes BTC Bull stand out is its real utility: every time Bitcoin hits key price milestones, $BTCBULL holders receive airdropped rewards in real BTC. This unique feature has attracted crypto-native investors looking to align their meme coin exposure with actual Bitcoin upside. Stake BTCBULL for 85% APY + Real Bitcoin Rewards BTC Bull’s high-yield staking program remains a top driver of demand. Investors can earn 85% APY by staking their $BTCBULL tokens and still retain the ability to unstake at any time—offering both yield and flexibility. The staking pool has already surpassed 1.23 billion tokens, showing strong community participation ahead of the token’s exchange debut. Staking Snapshot: Annual Yield: 85% APY Total Staked: 1,235,352,755 BTCBULL Unstake Anytime: Yes Whether you’re a long-term holder or a passive earner, this dual-reward structure enhances the token’s appeal beyond just meme coin hype. Latest Presale Stats: Token Price: $0.00247 Raised So Far: $4.80M of $5.55M With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump. The post Bitcoin Breakout Alert—Are Bulls Targeting $90K? appeared first on Cryptonews .
