Bitcoin price is closely correlated with many altcoins that closely follow the trend. These altcoins have been following the BTC price rally and experiencing a similar price action to the star token. Therefore, now that Bitcoin is believed to revive a strong ascending trend soon, these cryptos are expected to follow and probably rise and reach new highs.
The entire market triggered a massive breakout in Q4 2024, which pushed the BTC price to a new ATH close to $109K. This has also elevated the prices of the altcoins like Ethereum, XRP, Litecoin, Solana & Dogecoin. While Ethereum peaked above $4000, XRP above $3.3, Bitcoin almost reached $150, and Dogecoin $0.5. Meanwhile, the winner of the race was Solana, which managed to peak and form a new ATH above $295.
While almost the whole market faced a major rejection, followed by a pullback, these altcoins maintained the same ascending consolidation as Bitcoin. The prices of ETH, XRP, LTC, DOGE & SOL have been consolidating since the start of the month but under bullish influence. All of them are testing the resistance strongly and preparing for the next bullish move by the BTC. Once done, these altcoins are believed to trigger a 30% upswing.
While Bitcoin price is primed to rise back to $100K after securing the resistance at $95,000, Ethereum price is expected to surge above $2000. Besides, the XRP price is expected to surpass the crucial resistance at $2.6. Meanwhile, Solana’s price is expected to make it to $180, and Dogecoin’s price could surge above $0.2 and eventually reach $0.25. However, to do so, the Bitcoin price is required to close the weekly trade above $95,000 and secure the resistance at $96,800 before the end of the month.
The incident was controversial after some community members noticed some concerning data. The revelations led to dire allegations, with some likening ZkSync to Mantra (OM). To some, ZKsync responded to the hack by dumping their assets at an accelerated pace.
“The ZkSync team has released 110 million tokens and sold 66 million. The price of ZK is going against the trend as the market is recovering, and it has immediately dropped by 15%. First OM, now ZK, this project seems to be heading in the wrong direction,” one user noted.
This bordered on embezzlement. However, in a recent development, the ZKsync Association revealed that the hacker returned 90% of the funds, effectively honoring the safe harbor deadline.
We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline. As stated in the original Security Council message, the case is now considered resolved.
The assets are now in custody of the Security Council, and the decision on what… https://t.co/X0oejun9Tx
Through an April 21 post on X (Twitter), the ZKsync Security Council offered the hacker a 10% bounty if they returned the stolen funds, allowing a 72-hour window.
“To resolve this matter amicably in the spirit of safe harbor, we are offering a 10% bounty for your cooperation if you return 90% of the funds involved in the exploit,” ZK Nation shared on X.
As it happened, the bad actor heeded, transferring almost $5.7 million to the ZKsync Security Council across three transfers on April 23.
Specifically, they sent two transfers on the ZKsync Era blockchain. The first involved sending $1.83 million worth of Ethereum (ETH) to the ZKsync Security Council’s ZKsync Era address, and the second involved sending $2.47 million worth of ZKsync tokens.
Transfers made through the ZkSync Era blockchain. Source: explorer.zksync.io
In the third transaction, the ZKSync hacker sent 776 ETH worth approximately $1.4 million to the ZkSync Security Council’s Ethereum address.
Transfers made to the ZKsync Security Council’s ZKsync Era address. Source: Etherscan.io
With this, the ZKsync Association committed to publishing a final report revealing more details about the security incident.
Meanwhile, it is worth noting that the hacker followed instructions given by the ZKsync Security Council to the letter. Based on this, the case closes without further action.
It mirrors past incidents, including Ronin Bridge hackers returning $10 million worth of ETH and earning a $500,000 bounty.
Despite the turn of events, however, the ZK token continues to display bearish sentiment, down by nearly 2% in the last 24 hours. As of this writing, ZKsync’s token was trading for $0.06.
Meanwhile, not all hacking incidents honor safe harbor offers. Recently, Bybit launched a bounty program offering up to 10% of recovered funds to ethical hackers and cybersecurity experts.
This incentivized efforts to reclaim $1.4 billion in stolen assets. While some efforts to reclaim lost assets yielded results, the partial recovery was thanks to key industry players stepping in, not the exploiter.
Bitcoin price surges past $91,000 as ETF inflows hit $381M; Trump’s Fed comments fuel risk rotation into crypto assets.
Bitcoin (BTC) crosses $91K as Trump ignites capital flight to crypto
Bitcoin (BTC) surged past $91,000 for the first time in 52 days, as institutional capital rotated into crypto markets following renewed political friction over U.S. monetary policy.
According to BBC reports, President Donald Trump’s has made fresh attacks on Federal Reserve Chair Jerome Powell—accusing him of politicizing rate decisions and stifling economic recovery—amplified volatility in equities and bonds, driving risk-sensitive investors toward digital assets.
Bitcoin Price Action, April, 22, 2025 | Source: Coingecko
Speaking Monday, Trump warned that Powell “should do the rate cuts because the European Central Bank has already moved,” threatening his removal if reelected. Powell has maintained his intention to complete his term, which ends May 2026.
US dollar index, April 22, 2025 | Source: YahooFinance
Meanwhile, the U.S. Dollar Index fell to 97.92—its lowest since 2022—while 10-year Treasury yields jumped above 4.4%, underscoring market unease over perceived political interference.
ETFs signal institutional conviction as Ark, BlackRock, Fidelity drive inflows
Crypto market reactions after Trump’s latest comments also reflect growing institutional demand. According to SosoValue data Spot Bitcoin ETFs recorded $381 million in net inflows Monday—the strongest single-day acquisition since January 2025. This prompted BTC price to rally 4.5% in the last 48-hours, to hit the $91,200 on Tuesday.
As seen in the chart above, Ark Invest’s ARKB led the surge with $116 million in flows, followed by Fidelity’s FBTC with $87 million and BlackRock’s IBIT with $41 million.
Bitcoin ETF flows as of April 21, 2025 | Source: SosoValue
These inflows point to deepening conviction among U.S.-based asset managers that crypto remains a viable macro hedge, particularly as political instability clouds traditional monetary policy.
More so, the appointment of Paul Atkins as SEC Chair has also helped sentiment. Known for his market-friendly stance, Atkins has pledged to “prioritize a regulatory framework that supports innovation in crypto,” signaling a likely shift away from the enforcement-heavy approach of Gary Gensler.
Bitcoin Price Forecast Today: Breakout momentum targets $94,000 next
Bitcoin price forecast today remains bullish after BTC confirmed a breakout from a tight 3-week consolidation, rising 4.93% to $91,214.
The 12-hour chart shows BTC decisively above its 5, 8, and 13-period simple moving averages, with upward sloping angles—a classic continuation signal. The RSI reading at 71.77 indicates short-term overbought conditions, yet the divergence from the RSI moving average (57.46) reinforces bullish momentum.
Bitcoin Price Forecast Today
This setup suggests BTC could extend toward the $94,000–$95,000 zone if ETF demand persists and macro instability continues. Traders should monitor $87,900 as the next major support, with a break below $88,500 potentially signaling exhaustion. Until then, the broader trajectory remains skewed to the upside.
The ongoing Trump tariffs saga continues to take new turns, especially following the president’s announcement of a proposed 50% tax on EU goods. Now, the US and India are allegedly close to reaching a trade agreement, which could happen in the next 10 days. This is bullish for the market, considering how crypto assets reacted positively when the US and China reached an agreement earlier this month. Trump Tariffs: US & India Close To Trade Deal According to a CNBC-TV18 report, the US and India are close to making a breakthrough in trade negotiations as part of a move to lower the 26% tax that resulted from the Trump tariffs last month. Both parties could reportedly reach an initial agreement in the next seven to ten days. As part of the agreement, the US would partially exempt Indian goods from the 26% reciprocal tariffs. Meanwhile, the US may impose a 10%… Read More at Coingape.com
