Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoin’s (BTC) $24.4 billion for the first time since June 2024. This milestone pushed the ETH/BTC spot volume ratio above 1, highlighting a notable shift in market dynamics. Analysts attribute this trend to growing investor interest in Ethereum’s ecosystem and broader adoption of altcoins. The rotation towards ETH reflects confidence in its upcoming network developments and increasing demand for decentralised applications.
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful just yet.
Here’s a closer look at what the data really shows.
A Closer Look at Bitcoin Apparent Demand
The Bitcoin Apparent Demand chart, based on a 30-day total, is starting to show signs of recovery from the negative zone.
Source: CryptoQuant
Apparent Demand is a useful metric for measuring how much overall interest there is in Bitcoin. It compares how much new Bitcoin is being created through mining with changes in how much Bitcoin is being held for long periods.
When apparent demand is positive, it means more Bitcoin is being taken out of circulation—often stored long-term—than is being created by mining. This can reduce the available supply, which could push prices higher.
Right now, the apparent demand seems to be climbing back toward positive levels. If this trend continues, it might lead to a bullish rally in the near future.
What Happened in 2021: Lessons from the Last BTC Cycle
Some analysts say this pattern looks familiar. In 2021, a similar trend appeared where demand remained weak for months even though prices stayed stable. It took a long period of market consolidation before a true recovery happened.
This could mean the recent bounce is just temporary relief—not a sign of strong recovery or growing long-term interest yet.
Teddy’s Take: Market Tests, Not Cheers
Teddy, a well-known crypto analyst, agrees that Bitcoin demand has improved. He points out that some buyers have returned to the market.
“Apparent demand recovering” – let’s entertain the thought. Sure, metrics hint at some return of optimistic buyers.
But here’s the question: What happens when the next macro grenade drops? Another tariff headline, a rate shock, or geopolitical twist – & poof, confidence… pic.twitter.com/7jlfUAleft
However, he also shares concerns. He believes that major macroeconomic events—like rising interest rates, new tariffs, or global tensions—could quickly reverse the current optimism.
Trump’s New Economic Policy
US President Donald Trump has recently launched a tough tariff policy that’s affecting nearly every major type of investment, including cryptocurrencies.
Although the Trump administration gave a short 90-day pause on tariffs for countries that haven’t responded with their own, the President made it clear that he plans to fully move forward with the policy. He also dismissed rumors suggesting he might back down.
This raises a big question for Bitcoin investors: will those who’ve held Bitcoin for the long haul stay calm, or will they panic and sell if another major economic shock hits? Teddy believes the crypto market is one that rewards patience, not quick optimism.
Bitcoin started this year at $93,623.09. Just before Trump’s inauguration, it reached an all-time high of $109,595.64, growing by over 9.54% in January.
Bitcoin Price Analysis Source: Trading View
But things took a turn in February, when the market dropped by 17.5%, bringing the total decline since February to more than 16.15%. March was slightly better, with the market falling by just 2.19%.
At the beginning of April, Bitcoin was priced at $82,541.66. It briefly fell to $74,517 on April 7 but has since made a strong comeback. Since April 9, it has risen by more than 12.49%. In the past 24 hours alone, prices have gone up by 1.4%.
Hope is in the air, but so is uncertainty—and in crypto, that’s just another Tuesday.
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The post Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally? appeared first on Coinpedia Fintech News
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful …
Most financial experts are speculating about how much Bitcoin price will appreciate. Prominent individuals such as Arthur Hayes and Robert Kiyosaki are forecasting BTC to reach $1 million in the not-so-distant future. Such lofty forecasts are coming as concerns grow about economic stability worldwide, government budget deficits, and monetary policy moves.
Arthur Hayes Foresees Bitcoin Price to $1 Million
Arthur Hayes, ex-BitMEX CEO, has a $1 million target for Bitcoin. He said this in an interview with cryptocurrency YouTuber Kyle Chasse. Hayes said that this target may be achieved by 2028. He justified his forecast by pointing to increasing government deficits and monetary policy as the primary drivers.
Hayes shared the same long-term BTC price target at the Token2049 event. He reports that the Biden administration approved about $7.1 trillion of net Treasury debt while in office. This was the period when the Bitcoin price rose sixfold. Hayes mentioned that during the Trump administration, the deficit is already 22% higher in the first half of the year compared to last year.
Hayes also recognizes a number of factors that will propel further deficit growth. They are an aging American population that will require additional Social Security and Medicare expenditures, increased defense spending, and the expense of bringing manufacturing back to the United States. These costs, added to increasing interest on the debt outstanding, represent what Hayes sees as a mathematical certainty.
The investor indicates that these fiscal stresses will be a boon for the Bitcoin price. He points to recent policy signals, such as Treasury buyback programs and potential changes to supplemental leverage ratios for banks, as signs that authorities will continue to seek ways to maintain market stability by providing liquidity.
Hayes predicts the BTC price will reach $250,000 by the end of 2025. He expects the most aggressive price action to happen in 2026-2027 when he expects a “money printing bonanza.”
Robert Kiyosaki Shares the Same BTC Price Vision
“Rich Dad Poor Dad” author Robert Kiyosaki has aligned with Hayes’ million-dollar Bitcoin prediction but with a slightly longer timeframe. In an April tweet, Kiyosaki stated that by 2035, one Bitcoin will be over $1 million.
Kiyosaki frames his Bitcoin outlook within an overall economic warning about an impending financial crisis. He points to multiple concerning indicators like record-high credit card and U.S. government debt, rising unemployment, and diminishing 401(k) values.
The financial educator mentions that he has consistently warned about this economic scenario across multiple books. For those concerned about financial stability, Kiyosaki repeatedly recommends a strategy centered around hard assets like gold, silver, and Bitcoin.
What distinguishes Kiyosaki’s perspective is his view that the coming economic crisis is not just a threat but also an opportunity. He suggests that individuals who take action to acquire even small amounts of Bitcoin, gold, or silver before the “giant crash” could “come through this crisis a very rich person.”
The push for Real-World Asset (RWA) tokenization on the Solana blockchain is growing as Ondo Finance has expanded to the network. As announced on X, the institutional-grade RWA outfit said it is expanding its bridging solution to Solana. Based on historical precedent, this Bridge integration has a massive positive upside for SOL and ONDO, the native assets of both protocols.
The Ondo Finance and Solana RWA Alliance
According to the announcement, Ondo Decentralized Verifier Network (DVN) has expanded to Solana. With it, the Proof-of-Stake chain can link to other EVM-compatible chains like Ethereum, Arbitrum, and Mantle.
As it noted, through the bridge deployment, USDY holders can move assets across the largest crypto platforms to drive a new value system. With more than $170 million worth of USDY on Solana per Total Value Locked on the tokenization platform, users can now do more with this integration.
“This new bridge unlocks frictionless RWA mobility, empowering users to move USDY fluidly without introducing extra counterparty risks or requiring inefficient capital reserves,” the announcement reads, noting that “Each USDY transfer between chains is maximally capital efficient, requiring no additional external capital to fill transfers, as would be required via third-party bridge environments.”
Over the past few months, Ondo Finance has collaborated with World Liberty Financial in a bid to drive its tokenization agenda. For its strides, it has managed to place its token ONDO in the spotlight.
Implications for Solana and ONDO Price
With an active product in high demand by institutional investors, the ONDO price may gain an additional boost over time. Solana is an established blockchain protocol with millions of users. The access to liquidity, all of which may eventually flow into USDY and Ondo Finance-backed solutions, can fuel a big rally.
At the time of writing, the price of ONDO has rebounded, up 1.05% in the past 24 hours to $0.9215. Just like ONDO, Solana has also staged a breakout, up 2.20% in 24 hours to $150.55.
ONDO has other primary growth triggers, like the recent Binance listing, that can also help boost its price outlook. With growing adoption and exchange listings, the token’s accessibility is growing, setting the underlying coin up for a possible breakout.
Meanwhile, there is a growing quest for RWA tokenization in both the Decentralized and Traditional Finance ecosystems. With its recent technology, Ondo Finance may soon be positioned to take a significant market share.
