Binance Reveals Major Update On Sign Airdrop: Details

As US President Donald Trump announced a 90-day tariff delay, top cryptocurrencies like Bitcoin (BTC), XRP, and Dogecoin (DOGE) are showing signs of a potential breakout. In addition, with Trump’s hint at pausing the 50% tariff on China, all eyes are on its potential impact on the broader crypto market.

With the traditional financial market experiencing relief after a massive downturn, cryptocurrencies, in correlation with stocks and bonds, are exhibiting positive momentum. Thus, Trump’s pause on his tariffs has sparked speculations of a bullish turn in BTC, XRP, and DOGE prices.

How Will Trump’s Tariff Delay Impact BTC, XRP, DOGE Prices?

Notably, Trump’s unexpected pause on his tariff plans has sparked anticipation of a bullish reversal in the crypto market. These speculations have been further boosted by the Bitcoin price’s recent rally past $94k, marking a significant market shift.

Other top cryptocurrencies like XRP and DOGE have also seen a bullish resurgence following Trump’s tariff delay. Considering the prevailing positive sentiment, analysts and traders remain optimistic about the future performance of BTC, XRP, and DOGE prices.

BTC Price to Hit $180K

Analyst CryptoELITES believe that the Bitcoin price is poised to hit a new all-time high of $180,000 in November 2025. At the same time, crypto expert Merlijn The Trader forecasted the BTC price’s bullish rally to $150k in the near future. Now, Bitcoin is exchanging hands at $94,386, up 1.9%.

XRP Price Sets Sights at $50

In a recent analysis, expert XRP Governor has set a long-term target for the XRP price amid the latest Trump tariff delay. According to him, XRP could reach an ambitious high of $50 in 2027. Currently, XRP is valued at $2.20, up 2.29%.

DOGE Price Targets $0.22

Dogecoin, which is currently trading at $0.1821, has a short-term target of $0.22. Identifying a bull flag on its price chart, analysts predict DOGE’s potential uptrend.

Crypto Market Boost

Significantly, the crypto market is about to witness its highest rally, as pointed out by market expert Michael van de Poppe.

Trump Views High Tariff as a Victory: Here’s Why

According to Donald Trump, high tariffs, 20%-50%, on foreign imports will be a “total victory” as the US will make a fortune from the revenue generated. In addition, these tariffs will attract companies to set up production in the US. This will create job opportunities and economic growth.

Furthermore, Trump draws comparisons to other countries like China, India, and Brazil to highlight their high tariffs. Thus, he acknowledges that tariffs are a key component of his economic policy.

In conclusion, this move has sparked speculation about a potential bullish rally in the crypto market, with Bitcoin being a key beneficiary.

The post BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay appeared first on CoinGape.

Michael Saylor, the Executive Chairman of Strategy Inc., made a strong statement about the future of the BlackRock iShares Bitcoin ETF (IBIT) at an investor event in New York City. Speaking at the Bitcoin conference hosted by Bitwise, he predicted that IBIT would become the biggest exchange-traded fund in the world over the next decade.

Michael Saylor on BlackRock Bitcoin ETF

In a recent post on X, American Journalist Eleanor Terrett reported that Michael Saylor confidently stated IBIT would become the world’s largest ETF within the next ten years. His prediction was considered valid, considering his firm has a deep involvement in the Bitcoin market.

Strategy currently owns 538,200 Bitcoin units. Between April 14 and April 20, the company purchased 6,556 BTC at an average price of $84,785, spending around $555.80 million. This brings the total value of Strategy’s Bitcoin holdings to $36.47 billion, bought at an average price of $67,766 per unit.

It is essential to say that Saylor’s recent comments about BlackRock’s IBIT are not just empty talk. If anything, his firm has consistently increased its Bitcoin holdings, showing he believes in the digital currency for the long term. 

His support for IBIT shows that same belief, especially as more institutions continue to enter the Bitcoin ETF space.

BlackRock Bitcoin ETF IBIT: Current Milestones

It is worth noting that BlackRock’s iShares Bitcoin Trust has already seen dramatic growth since its approval last year. In an earlier update, CoinGape reported that by December 2024, it had surpassed $50 billion in assets under management and had grown further to $52.33 billion by January 2025 when Bitcoin ETFs turned 1.

This growth made IBIT the largest Bitcoin ETF, ahead of Invesco QQQ Trust Series and Fidelity’s Wise Origin Bitcoin Fund, which hold $18.3 billion and $19.681 billion, respectively.

In the broader market, spot Bitcoin ETFs now manage over 1 million units valued at over $95 billion. IBIT controls nearly 48.7% of the U.S. spot Bitcoin ETF market. 

The speed of this growth is striking. While gold ETFs took two decades to reach $128 billion, Bitcoin ETFs have crossed $95 billion in just one year.

Bitcoin Growth and Market Outlook

CoinMarketCap data shows that Bitcoin traded at $92,889.25, down 0.97% in the past 24 hours. The largest cryptocurrency recently outpaced Silver and Amazon, becoming the sixth most valuable asset globally.

Based on market perception, this rising demand is driven by concerns around inflation and broader global uncertainty. Investors are now looking to Bitcoin as a hedge and long-term value store.

Bitcoin is approaching $95,000, a key psychological level. An earlier BTC price analysis hints that the coin is on track for $98,000. However, macro volatility or high inflation may prompt profit-taking. Support is at $91,000 and $88,500. Some analysts believe BTC could retest the $100,000 breakout level if conditions align.

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