The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs.
AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.
After months of meticulous research and development, the Avalanche Foundation, in close collaboration with Rain, a Visa-powered crypto-backed payment card, launched the Avalanche Card on Monday, April 21, during the mid-North American trading session.
The Avalanche Card allows holders to access their crypto assets – initially including AVAX, USDC, and USDT – seamlessly around the world either online or in-store. The Avalanche Card is linked directly to a user’s self-custody wallet and will offer no conversion fees.
The wait is over, the Avalanche Card is now open to all eligible users! Use your AVAX anywhere Visa is accepted, with both digital and physical cards for seamless spending. pic.twitter.com/5SaqEb0C5F
The Avalanche network has grown to a vibrant web3 ecosystem, with more than $1.23 billion in total value locked and over $1.7 billion in stablecoins market cap. In the past two years, the Avalanche network has attracted significant attention from institutional investors seeking to tokenize real-world assets.
For instance, BlackRock and Securitize launched the BUIDL fund on Avalanche Network and tokenized over $500 million. Citibank has in the past been exploring different blockchain use cases on the Avalanche network including tokenization of RWAs.
AVAX Price Analysis
Since the beginning of 2025, AVAX price has been trapped in a correction mode, catalyzed by macroeconomic factors and low demand for altcoins. However, the large-cap altcoin, with a fully diluted valuation of about $14.3 billion and a 24-hour average trading volume of around $343 million, has potentially reached its correction bottom and is ready for market reversal.
In the daily timeframe, AVAX price has already broken out of a falling logarithmic trend established YTD. Most importantly, AVAX price has already rebounded from a crucial support level of around $16, which resulted in a double bottom coupled with a bullish divergence of the daily Relative Strength Index (RSI).
In case of further crypto bullish sentiment, AVAX price is well positioned to rally at least 106 in the near term to trade above $40.
Bitcoin (BTC) price has been hovering in the $80K to $85K region for some time, with no signs of a recovery. However, many investors are optimistic about a BTC and crypto recovery due to the improving macroeconomic conditions, especially the recent uptick in the Global Liquidity Index.
Bullish Macroeconomic Outlook Hints at Bitcoin Price Breakout
Alpha Extract’s recent data on Global Liquidity Heatmap shows a major ‘shift’ favoring bullish momentum or risk-on conditions, i.e, an uptrend for Bitcoin price. The data analytics platform adds,
“Historically, such clear liquidity conditions have often provided Bitcoin with a favorable market environment for substantial upward moves.”
Global Liquidity Index Heatmap Predicts Bitcoin Price Breakout
Simply put, the uptick in the Global Liquidity Index indicates that more capital is available for investing and will increase the risk-on behaviour. In other words, Alpha Extract notes that “higher liquidity levels have frequently preceded strong bullish trends.” If this outlook persists, the crypto market, including Bitcoin price could be due for a “breakout.”
With the bias relatively positive, let’s take a look at the liquidation heatmaps to determine where BTC price could head next.
Price Prediction Based on Global Liquidity Index & Liquidity Heatmap
Based on CoinGlass data, roughly $2B in short positions will be forced to close if Bitcoin price hits $90K. Conversely, $1.77B in long positions will be liquidated if BTC hits $78,140.
Other key Bitcoin price levels for short sellers include $84,872, $86,126, $87,050, and $88,880 to $89,500.
Coupled with the Global Liquidity Index’s bullish Bitcoin price prediction, the next key levels that crypto investors can expect is $90K. However, there might be a brief liquidity sweep below $80K before BTC can move higher.
Supporting this optimistic outlook is the decline in selling pressure on top exchanges. This outlook notes that sellers are exhausting, which could pave way for buyers to take control.
Selling Pressure Decline Adds Tailwind for BTC Price
According to on-chain analyst Axle Adler Jr., the selling pressure on exchanges has dropped from 81K to 29K BTC per day. He calls this phase the “zone of asymmetric demand,” but he is not quick to suggest that this could immediately push Bitcoin higher.
The crypto analyst adds that while Bitcoin has absorbed the profit-taking since $100K, April and May could see the top crypto by market cap consolidate. This preparation could catalyze an impulse move for the Bitcoin price later.
Exchange BTC Selling Pressure Decline
All outlooks, macroeconomic and otherwise, hint at a potential reversal for Bitcoin price. However, bottoms often take time to form and trap many on the offside before an impulsive move to the upside. The increasing global liquidity index, reducing exchange selling pressure suggest that a bullish reversal to $90K is highly likely in the near future.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to view the market from the eyes of financial experts across TradFi and crypto. Given the more established financial channels, there is growing overlap, with Bitcoin (BTC) inadvertently benefiting from TradFi woes.
Crypto News of the Day: Max Keiser Says Bitcoin and Saylor Are the Future
Warren Buffett made the ultimate case for Bitcoin as the American investor considers stepping down as CEO of Berkshire Hathaway.
Pending board approval, Buffett could step aside at the end of the year, giving way for Greg Abel, vice chair of non-insurance operations, to become Berkshire’s new chief.
This revelation came at Berkshire Hathaway’s annual shareholder meeting on May 3, 2025, where Buffett also offered a stark warning about the long-term value of the US dollar.
He noted that every system eventually debases its currency. According to Warren Buffett, government decisions make paper money lose value over time.
“In the end, if you get people to control the currency, you can issue paper money, and you will,” Buffett told shareholders in Omaha.
Warren Buffett Slams US Fiscal Policy at Berkshire Hathaway Annual Shareholder Meeting
Without naming alternatives such as Bitcoin, the 93-year-old investor cautioned against holding assets denominated in a currency he said was systematically devalued by government policy.
“The natural course of government is to make the currency worth less over time… Some places devalue at breathtaking rates… it’s not evil, it’s just their job,” he added.
The investing icon said that if his late partner, Charlie Munger, had to choose a second area besides stocks, he would have gone into foreign exchange.
These remarks suggested an openness to non-traditional assets. Bitcoin advocate and broadcaster Max Keiser responded to the remarks in an interview with BeInCrypto.
Max Keiser interprets Buffett’s comments as a tacit validation of the thesis behind Bitcoin.
“Executive chairman and co-founder of MicroStrategy Michael Saylor is the Warren Buffett of the 21st century. He saw what Buffett described and built his strategy around it,” Keiser started.
“Warren Buffett built his empire on money printing. Most of his holdings over the years have been in banks, insurance companies, and financial services,” Keiser claimed.
In his view, Buffett benefited from having political leverage in Washington, particularly during the 2008 financial crisis. During this time, Keiser says, his [Buffett] investments in Wall Street institutions aligned with government-led rescue efforts.
Buffett’s Role During The 2008 Financial Crisis Is Well Documented
Michael Saylor, meanwhile, has taken a dramatically different approach. Under his leadership, MicroStrategy (now Strategy) began acquiring Bitcoin in 2020 as part of its corporate treasury strategy. The firm cited concerns about the long-term debasement of fiat currencies.
As of early 2025, the company holds more than 200,000 BTC, worth tens of billions of dollars at current market prices. A recent US Crypto News publication revealed one of Strategy’s latest Bitcoin purchases.
Buffett has long been critical of Bitcoin, famously calling it “rat poison squared” in 2018. However, some in the digital asset space have interpreted his recent comments about currency debasement as aligning with core arguments made by Bitcoin proponents.
Based on his remarks, the American investor and philanthropist is concerned about the US fiscal policy.
His comments allude that while he may not like Bitcoin, he clearly understands why it exists. Sentiment on X (Twitter) shows that community members took notice.
Responses suggest that if Warren Buffett understands money and its flaws manifested in fiat form, why does he not endorse Bitcoin as the solution?
“Warren Buffet talks about the virtues of Bitcoin without mentioning Bitcoin,” one user on X quipped.
Meanwhile, others hope Buffett’s prospective replacement as CEO will see the next Berkshire Hathaway chief to lead the company in a different direction, potentially adopting Bitcoin.
A spokesperson for Berkshire Hathaway did not immediately respond to a request for comment on Keiser’s remarks.
Elsewhere, and in line with Buffett’s statement about foreign exchange, QCP Capital analysts cite a remarkable 8% rally in the Taiwanese Dollar (TWD) on Monday.
They cite this as the TWD’s sharpest move in decades, alongside gains in other APAC currencies with strong current account surpluses. According to the analysts, speculation over a potential US-Taiwan trade deal drove this rally, as did insurer-hedging flows, pushing TWD’s 1Y NDF spread to its widest since 2008.
While Taiwan’s trade surplus supports the TWD, capital outflows have historically balanced it. This shift mirrors past foreign exchange dislocations like the 2023 JPY carry unwind.
For crypto, the move signals possible macro volatility ahead, with gold up 3% and BTC facing a binary path tied to global capital flows and trade diplomacy.
“In a market where correlations are fraying, FX may once again be the canary in the macro coalmine,” wrote QCP analysts.
Chart of the Day
US dollar index (DXY) performance year-to-date. Source: TradingView
The chart shows the US Dollar Index (DXY) trend from 2025, reflecting fluctuations in the value of the US dollar against a basket of major currencies. It indicates a downward movement from February to May, with a recent slight recovery.
Byte-Sized Alpha
Here’s a summary of more crypto news to follow today:
A new discussion draft introduces a framework to reduce market concentration and foster innovation. The bill clarifies jurisdiction between the SEC and CFTC, emphasizing decentralized systems and providing regulatory clarity for digital asset markets.
TRUMP has experienced a notable 15% increase over the past week, following a period of volatility that marked the losses in February and March.
Despite this recovery, the altcoin continues to face market fluctuations. However, improving macroeconomic conditions are providing a more favorable environment for TRUMP, potentially setting it up for further gains.
Market participants are responding positively to recent developments, including the US closing a trade deal with the UK and entering talks with China to discuss tariffs. These diplomatic moves cast President Donald Trump in a favorable light, contributing to TRUMP’s price increase.
This growing optimism surrounding the US government’s trade efforts is benefiting TRUMP holders. As the market sentiment remains generally positive due to these geopolitical events, TRUMP’s price has seen a corresponding rise.
The overall macro momentum for TRUMP is influenced by shifting global sentiment. The weighted sentiment metric, which tracks market perceptions, spiked after the US-UK trade deal was announced. TRUMP holders showed excitement over the news, but the metric quickly declined.
As the initial excitement fades, it becomes clear that TRUMP’s price movement may not be entirely driven by long-term investor confidence. The reliance on short-term political developments could prove risky for the cryptocurrency, especially if future market sentiment shifts again.
TRUMP is currently trading at $14.47, showing a 15% price increase over the past week. The altcoin is approaching the critical resistance level of $14.53, with the next target being $17.14.
Should TRUMP breach this resistance, it may continue its upward trajectory, potentially breaking further barriers and continuing its recovery from the recent downturn.
If trade talks between the US and China prove successful, it could positively influence President Trump’s image, pushing the price of TRUMP towards $20.00. This would signal a stronger market outlook and further boost investor confidence in the altcoin.
Successful trade agreements could create more positive momentum, further fueling TRUMP’s price growth.
However, the bullish outlook for TRUMP could be invalidated if the price falls back below the $13.36 support level. A drop to $12.18 or $10.29 would erase recent gains, signaling a shift in sentiment and possibly triggering a period of consolidation.
This would indicate that the current rally was more short-lived than sustainable.
