Bitcoin price hits 7-week high as Trump softens tone on trade war

Bitcoin’s price is still climbing following its Easter weekend rally, with several analysts calling recent macroeconomic events bullish for the market.

Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside.

Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen over the past seven days, according to CoinMarketCap.

Bitcoin quickly jumped from just below $91,500 to $93,000 in minutes, leaving traders guessing where the rally could go next.

Read more