bitcoinsurge

On-chain data shows Bitcoin’s latest price move to $80,000 has not been based off of spot demand alone. A new trend of derivatives activity is building under the market, with open interest across major exchanges recording its strongest increase of 2026 and even surpassing the rise seen during Bitcoin’s 2025 all-time high formation.
However, technical analysis shows that the real test for a bullish reversal still lies ahead.
Bitcoin Open Interest Posts Biggest Increase Of 2026
CryptoQuant data, which was first revealed by crypto analyst Darkfost, shows that Bitcoin open interest has just posted its largest 30-day increase since the beginning of 2026, which is a reflection of many traders entering the Bitcoin futures markets.
The move comes even though funding rates have stayed broadly negative for several weeks, meaning the rally is not being supported by a clean one-sided bullish funding environment. Instead, it shows investors are rebuilding exposure through leverage while sentiment is still cautious.
This is important because the increase is already larger than the one recorded during Bitcoin’s previous all-time-high formation in 2025.
As shown in the chart image above, the return of derivatives capital is not isolated to one crypto exchange. Binance, the world’s leading cryptocurrency exchange by trading volume, accounts for roughly 34% of total market share, with an average monthly Open Interest of approximately $2.5 billion as of May 5.
$BTC

A similar trend can also be observed across other exchanges, notably Gate.io with $1.75 billion and Bybit with $1.15 billion. Darkfost, who identified the data, described the environment as a sharp contrast to conditions in the first few months of the year, noting that optimism is gradually returning and encouraging traders to increase their risk exposure over different crypto exchanges.
The Level That Could Decide Bitcoin’s Next Trend
Bitcoin is now back to trading around $80,000 for the first time since late January 2026, helped by stronger risk appetite and increased leverage, alongside an increase in ETF demand. While this bullish momentum is building, on-chain data from CryptoQuant’s Realized Price – UTXO Age Bands metric is pointing to a price level that will determine whether the current recovery is structural or temporary.
The next major level from CryptoQuant’s UTXO age-band data sits around $88,000, based on the 3-to-6 month realized price cluster. Bitcoin has already reclaimed the short-term cost holder basis. At the time of writing, the 1-week to 1-month cluster is around $76,157, the 1-month to 3-month cluster is around $68,891, and the 3-month to 6-month cluster is around $88,231.
This places $88,000 as the price level to watch in May in order to confirm a complete bullish reversal. A clean move above $88,000 would mean Bitcoin has climbed above the cost basis of all major short-term cohorts, and that would be the real signal of a trend reversal.
#StrategyToResumeBTCPurchases #StrategyBTCSalesLimitedToDividends #BitcoinLeverage #BitcoinSurge

Elliott Management, one of the most respected hedge funds, has issued a stark warning about the growing crypto enthusiasm fueled by Trump’s administration. While many are celebrating the booming crypto market, Elliott sees potential disaster ahead, highlighting the risks posed by this speculative frenzy and its broader implications for the U.S. economy and the dollar's status as the world’s reserve currency.
Elliott Management Slams Government Crypto Support 🚨📊
In a letter to investors, reported by the Financial Times, Elliott Management expressed skepticism about the sustainability of the rapid rise in crypto values. The firm criticized the lack of intrinsic value in cryptocurrencies, likening the market to “a crowd of sports bettors.”
Elliott cautioned that crypto’s current trajectory is driven by irrational exuberance rather than fundamentals, pointing out that this speculative fever extends to AI and equity markets as well. Without regulatory intervention to temper speculation, Elliott warned that the crypto market could face a devastating crash, impacting both retail and institutional investors.
Trump’s Crypto Push 🇺🇸🪙
Under Trump’s leadership, the U.S. has embraced crypto more aggressively than ever before, a stark departure from previous administrations' cautious stance. Key moves include the proposal to create the first national Bitcoin reserve and the nomination of pro-crypto figures like Paul Atkins for SEC chair and David Sacks as “AI and crypto czar.”
These actions have been a green light for the crypto ecosystem, signaling that the U.S. is open for blockchain and digital currencies. As a result, Bitcoin and other cryptos have surged, with Bitcoin hitting record highs of over $108,000. This optimism stems from expectations of a crypto-friendly regulatory environment under Trump.
The US Dollar Faces Challenges in a Crypto World 💵🌐
Elliott Management’s primary concern lies in the implications for the U.S. dollar. The hedge fund argues that promoting cryptocurrencies could undermine the dollar’s role as the global reserve currency, especially as nations like China and Russia develop alternatives, such as central bank digital currencies (CBDCs).
By fostering crypto adoption, Elliott fears the U.S. risks destabilizing global markets. Cryptocurrencies lack central authority or government backing, which could erode confidence in the financial system and lead to increased volatility.
Trump’s Growing Influence in Crypto 🚀👨‍👩‍👦
Despite Elliott’s warnings, Trump’s support for crypto is growing. His family has also entered the crypto space, with ventures like World Liberty Financial, a DeFi platform aimed at expanding financial access. Melania Trump even joined the memecoin trend, signaling wider adoption among political and business elites.
This increasing involvement by Trump and his allies demonstrates that crypto is gaining traction within the Republican establishment. However, it also raises questions about the long-term stability and direction of the financial system.
Conclusion: A Volatile Future Ahead 🔮📉📈
Elliott Management’s warnings about the speculative nature of the crypto market and its potential economic risks are clear. As Trump continues to push pro-crypto policies, the line between innovation and financial instability grows thinner.
While blockchain and decentralized finance hold promise, investors must tread cautiously in these uncharted waters. The future of crypto depends on balancing growth, regulation, and stability for the broader global economy.
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Stay ahead in the crypto game with Deythere! We’re here 24/7 to bring you the latest on the ever-evolving crypto world.
#CryptoNews 🪙 #BlockchainRevolution 🌐 #ElliottManagement 📊 #TrumpCryptoPush #BitcoinSurge 🚀 ⚠️
$TRUMP

$BTC
Get ready for a significant shift in the cryptocurrency market! Predictions indicate that Bitcoin could rally to $112K in the near term, with a potential climb to $145K. But let’s look deeper—this isn’t just about Bitcoin pumping; it’s also a reflection of the declining value of the USD against assets like BTC.
Here’s a timeline of key events across global regions that could drive market movements:
Key Events to Watch by Region
1. Asia (GMT+8)
9:30 PM: Initial Jobless Claims
12:00 AM: President Trump’s Address
1:00 AM: Crude Oil Inventories
2. Australia (GMT+10)
11:30 PM: Initial Jobless Claims
2:00 AM: President Trump’s Address
3:00 AM: Crude Oil Inventories
3. Europe (GMT+1)
2:30 PM: Initial Jobless Claims
5:00 PM: President Trump’s Address
6:00 PM: Crude Oil Inventories
4. Africa (GMT+2)
3:30 PM: Initial Jobless Claims
6:00 PM: President Trump’s Address
7:00 PM: Crude Oil Inventories
5. North America (Eastern Standard Time, GMT-5)
8:30 AM: Initial Jobless Claims
11:00 AM: President Trump’s Address
12:00 PM: Crude Oil Inventories
6. South America (Brasilia Time, GMT-3)
10:30 AM: Initial Jobless Claims
1:00 PM: President Trump’s Address
2:00 PM: Crude Oil Inventories
Market Analysis: Why BTC Could Surge
USD Weakness: The weakening dollar is creating a favorable environment for Bitcoin, as investors seek hedges against inflation and currency devaluation.
Macroeconomic Factors: Key announcements such as jobless claims and crude oil inventory data could influence market sentiment, pushing capital into Bitcoin as a safer, appreciating asset.
Trump’s Crypto Influence: Speculation around President Trump’s address could add a layer of uncertainty and optimism for crypto markets, fueling increased BTC demand.
What Traders Should Do
Stay Alert: Monitor key times for market shifts, especially during major announcements.
Opportunities in Volatility: Bitcoin’s projected surge offers a golden opportunity to capitalize on market momentum.
Long-Term Perspective: While volatility may persist, the broader trend suggests Bitcoin’s trajectory remains upward.
This is a critical moment for Bitcoin enthusiasts—stay informed, be prepared, and position yourself strategically as these events unfold.
#BitcoinSurge #CryptoMarket #BTCAnalysis #USDWeakness #MarketOutlook 🚀

Bitcoin has officially taken off — soaring past the $93,000 mark — fueled by a surprising geopolitical twist from former President Donald Trump.
In a move that caught global markets off-guard, Trump announced a major reduction in tariffs on China, signaling a thaw in U.S.-China trade tensions. He also assured a more diplomatic approach to future negotiations, which sent a wave of optimism through the investor community. The result? Bitcoin skyrocketed to a new 2025 high.
What’s really happening? Let’s break down the last 24 hours.
Bitcoin's Bullish Rollercoaster – April 22, 2025
The day kicked off with Bitcoin charging upward, backed by strong bullish energy. It danced with resistance and support throughout the day:
Around 01:15 UTC, signs of overbuying hinted at a possible pullback. A small drop followed.
But Bitcoin didn’t stay down for long. After finding support at $87,854, it regained momentum.
By 12:55 UTC, it broke the key resistance at $88,846.
Another dip came at 15:15 UTC, but it found support again at $90,396, eventually climbing to a daily peak of $93,857 before closing just a touch lower at $93,517.
Today’s Moves – April 23, 2025
Bitcoin opened with a soft rise but soon showed bearish signs:
A death cross on MACD around 00:05 UTC hinted at a downtrend.
It resisted again at $93,857 but found new support at $92,580.
By 03:20 UTC, a golden cross signaled another bullish run.
Now trading at $93,370, Bitcoin is eyeing a breakout. If it smashes the resistance at $93,857, a new all-time high could be on the horizon. But if it slips, watch for a possible dip to the $90,396 support level.
Why This Matters
Trump’s tariff cut wasn’t just a diplomatic signal — it was a spark for risk-on investing. With market uncertainty easing, Bitcoin is once again the poster child for investor confidence and high-stakes opportunity.
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Hot Take
Bitcoin’s recent rally isn’t just technical — it’s political. With macroeconomic winds shifting, Bitcoin is moving from a speculative asset to a safe haven in the eyes of modern investors.
#BitcoinSurge
$BTC
$ETH
$XRP

The crypto market is heating up! Here's what's happening right now:
$BTC is trading around $94,207, eyeing the $95K mark with strong momentum.
$ETH is at $1,808, with significant institutional
investments:
Fidelity purchased $35.9 million worth of $ETH .
BlackRock added $54.4 million in ETH to its holdings.
Altcoin Alert: Virtual Protocol (VIRTUAL) surged nearly 40%, becoming the top gainer today.
Are you riding this wave or watching from the sidelines? Share your thoughts below! 👇
#BitcoinSurge #EthereumFuture #BinanceSquareTalks

The cryptocurrency market is experiencing a significant surge, with Bitcoin approaching the $95,000 mark. This rally is driven by easing U.S.-China trade tensions, a substantial short squeeze, and bullish technical indicators.​
Market Highlights
Total Market Cap: Increased by 6.7%, reaching $2.94 trillion.Bitcoin (BTC): Up 6.4%, trading near $94,000.Ethereum (ETH): Surged 13%, contributing significantly to the market's growth.
Key Drivers Behind the Rally
1. Easing U.S.-China Trade Tensions
Statements from Officials: U.S. Treasury Secretary Scott Bessent labeled the current tariff structure with China as "unsustainable," indicating potential reductions.Presidential Remarks: President Donald Trump echoed this sentiment, suggesting that tariffs "will come down substantially" from the existing 145% level.Impact on Markets: These developments have boosted investor confidence, leading to increased risk appetite and a surge in digital asset investments.
2. Massive Short Squeeze
Liquidation Data: In the past 24 hours, $624 million in crypto positions were liquidated, with $545 million being short positions the largest single-day short liquidation event of 2025.Market Reaction: This forced buying pressure accelerated Bitcoin's climb beyond $93,000, reminiscent of previous bull cycles.
3. Bullish Technical Breakout
Chart Patterns: The crypto market has broken out of a multimonth falling wedge, a bullish pattern indicating a trend reversal.Moving Averages: The TOTAL chart, representing the combined market cap of all cryptocurrencies, surpassed the 50-day simple moving average (SMA) and is targeting the next resistance range between $2.93T and $2.94T.RSI Indicator: The relative strength index (RSI) has risen from 30 on April 7 to 65, signaling growing bullish momentum.
Outlook
With Bitcoin trading near $94,000 and traders eyeing $95K as the next psychological barrier, momentum remains strong. Combined with improving macro conditions and favorable technical indicators, the market appears poised for continued gains. However, resistance at major moving averages may test bullish resolve.
#CryptoRally #BitcoinSurge #MarketUpdate
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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.