Bitcoin price has climbed sharply to $96,500 following confirmation that China and the United States will resume formal trade negotiations this week. This marks the first direct engagement between both governments since President Donald Trump returned to office in January and introduced new tariffs on Chinese goods.
Crypto markets responded immediately after the announcement. Bitcoin price rose by more than $1,700 within 10 minutes, while other cryptocurrencies also recorded gains.
XRP price has increased by 1% to $2.15, Cardano price rose 3% to $0.679, and Dogecoin price climbed 1.5% to $0.1721. Analysts attributed the rise to growing investor confidence that tensions between the two economic powers may ease.
China Confirms Restart of US Trade Talks
US and Chinese trade officials are set to meet in Switzerland later this week. The discussions aim to reopen formal economic dialogue after months of growing tariff disputes. Both nations released official statements confirming the meeting.
US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will lead the American delegation. China’s Ministry of Foreign Affairs announced that Vice Premier He Lifeng will represent Beijing. He serves as the lead official for China-US trade relations.
“The Vice Premier will hold a meeting with US Treasury Secretary Scott Bessent to discuss trade issues,” said a spokesperson from China’s Foreign Ministry. The US Trade Representative’s office also confirmed that Greer will meet his Chinese counterpart to continue discussions on trade-related matters.
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It’s starting to feel like something big is coming for XRP. After months of sideways moves, quiet price action, and market uncertainty, signs are finally pointing toward a potential breakout, and some experts believe XRP might just be the coin to kickstart the next altcoin season.
Bitcoin’s Move Could Set the Stage
Bitcoin made a solid push this morning, climbing toward a key resistance zone near $114,000. If it manages to break above this level, traders believe it could trigger a wave of momentum across the market. And if history repeats itself, XRP might be one of the first to react.
The last time Bitcoin broke through a similar price range, XRP skyrocketed from $0.55 to $2.70 in less than a month. Right now, with XRP holding firm around $2.00, many in the market are wondering if it’s about to happen again.
A Familiar Setup for XRP
Even as Bitcoin’s dominance over the market has steadily increased since December 2022, XRP has quietly maintained its position. The current price zone mirrors the area where the last major altcoin rally began, making this a particularly interesting moment for XRP watchers.
Technical indicators have hinted that Bitcoin dominance is showing signs of bearish divergence. If it starts to lose strength, it could open the door for altcoins to shine, with XRP leading the pack.
Ripple’s Big Advantage
Adding to the excitement, Ripple CTO David Schwartz recently confirmed that financial institutions are preparing to enter the XRP Ledger ecosystem. Not for the reasons most people might expect, but to tap into its fast transaction speeds, low fees, and reliable infrastructure.
According to Schwartz, one of XRP’s biggest strengths is its simplicity. Unlike blockchains weighed down by complex smart contracts, XRP offers clean, secure transactions that appeal to serious financial players looking for efficiency and reliability.
What Comes Next
At this stage, the market is holding its breath. If Bitcoin clears its resistance and XRP keeps holding firm, the conditions for a fresh altcoin season could fall into place. And if past patterns are any guide, XRP is in a strong position to lead that rally.
The post Is XRP About to Lead the Next Altcoin Season? appeared first on Coinpedia Fintech News
It’s starting to feel like something big is coming for XRP. After months of sideways moves, quiet price action, and market uncertainty, signs are finally pointing toward a potential breakout, and some experts believe XRP might just be the coin to kickstart the next altcoin season. Bitcoin’s Move Could Set the Stage Bitcoin made a …
The World Liberty Financial team has launched a proposal to make their token, $WLFI, tradable outside a close network. This decision comes as the US celebrates Independence Day, marking a historic moment for the project. Community Vote for World Liberty Financial’s WLFI Token Goes Live on Independence Day World Liberty Financial’s post on X about
Bitcoin price forecast enters a critical phase as BTC trades near record highs. While macro trends and ETFs support the rally, on-chain activity warns of a looming correction, with long-term holders offloading coins near peak levels.
Bitcoin price tops $94K setting new peak in 3 consecutive days
Bitcoin extended its recent rally to reach a new all-time high of $94,220 on April 23, climbing nearly 4% over the last 24 hours. This marks the third consecutive day the leading cryptocurrency has posted a fresh peak, beginning April 20.
Bitcoin price action, April 23 | Coingecko
The bullish momentum follows renewed macroeconomic uncertainty, as former President Donald Trump intensifies political pressure on Federal Reserve Chair Jerome Powell, reigniting investor concerns over monetary policy direction.
Traders and institutional players appear to be pricing in heightened volatility in traditional markets, as Trump publicly criticized the Fed’s current leadership and reaffirmed his stance on aggressive tariffs.
These statements have catalyzed a rotation of capital from risk-weighted equity sectors into Bitcoin and related crypto products. This trend is in line with BTC’s historical behavior as a hedge asset during periods of political and monetary instability.
Bitcoin ETFs pulled highest inflows since inception
Bitcoin ETFs posted their strongest single-day net inflow in 2025 on Tuesday, with over $921 million added to fund holdings, according to Farside data. The record-breaking inflow underscores rising institutional demand, particularly as macroeconomic concerns and trade policy risks escalate.
Bitcoin ETF flows, April 22, 2025 | Source: Farside
The spike in ETF allocations occurred as traditional stock indices wavered midweek amid renewed trade rhetoric from Trump’s camp and speculation surrounding the potential ousting of Fed Chair Jerome Powell.
Analysts interpret this as a reallocation of capital, with Bitcoin ETFs benefitting from risk-off sentiment in equities.
The $100,000 psychological barrier now appears within reach, yet on-chain signals suggest underlying risks that could derail momentum.
Age Consumed surged to 12 million BTC signalling intense profit take from long-term holders
While price and institutional inflows point to a strengthening bull cycle, on-chain data tells a more nuanced story.
According to Santiment, Bitcoin’s Age Consumed—a metric tracking the movement of previously dormant coins—spiked dramatically from 2.03 million BTC on April 19 to over 12 million BTC by April 23.
This sharp increase in Age Consumed signals that Bitcoin long-term holders are moving large quantities of previously idle coins, often associated with profit-taking or strategic exits.
Bitcoin Age Consumed vs. BTC price | Source: Santiment
The sudden surge in Age Consumed typically reflects distribution from older wallets, a trend that has historically preceded local tops or significant pullbacks.
The movement suggests that some long-term investors may be capitalizing on Bitcoin’s latest highs, potentially dampening bullish momentum in the near term.
While not definitive on its own, the Age Consumed spike introduces a cautionary signal as Bitcoin approaches the psychological $100,000 mark. If selling pressure from long-term holders intensifies, it could introduce volatility or stall further gains—even in the face of bullish macro and institutional trends.
Bitcoin price forecast today: Bull trap risk looms near $94K as weekly chart hits upper Bollinger band
Bitcoin price forecast signals today show bulls attempting to breach the $95,000 as BTC taps the upper Bollinger Band on the weekly chart. While the rally from sub-$80,000 lows marks a strong technical rebound, traders may need to exercise caution.
BTC price has now entered the resistance zone near $94,000–$107,000, where past weekly candles have previously faced rejection.
The Bollinger Bands (BB) upper line at $107,383 acts as a key resistance ceiling. Unless this level is breached with volume, BTC risks rejection at the top of its volatility envelope.
Momentum indicators show mixed signals. The Relative Strength Index (RSI) stands at 57.37, just above its moving average (54.20), hinting at mild bullish bias—but still well below overbought levels.
However, the RSI Moving Average Histogram (RSI-MA) shows a divergence, with the slower red MA at 60.61 still declining while the green bar is only at 47.61. This suggests momentum remains fragile.
Given these conditions, Bitcoin price forecast may be susceptible to a bull trap if price fails to decisively close above $94,000 with strong follow-through. Without confirmation, profit-taking could trigger a reversal toward the mid-Bollinger level around $92,200 or lower support near $77,000.
