Bitcoin Price Breaks $87,000: April 2025 Market Analysis & Outlook

Closer to the weekend, crypto investors had a serious cause for concern. Then it became known that U.S. President Donald Trump tries to get Fed Chairman Jerome Powell fired.

Analysts have called it a terrible idea that is likely to cause markets to crash in the short term. Be that as it may, crypto has given away growth over the past day. However, it is too early to talk about the continuation of the bull run.

What will happen to the cryptocurrency market?

Today, the prices of the largest cryptocurrencies by market capitalization look like this:

Leading the gains over the past week with a 6.2 percent gain is Solana, while Bitcoin shows the best result of the day. The cryptocurrency took the $88,000 mark, its best total since April 2.

Despite this, the sentiment of BTC investors is still rated as fear. The corresponding fear and greed index is 39 points out of 100, which indicates the reluctance of capital holders to invest in digital assets at the moment.

The reason for the collapse of the crypto market earlier in 2025 was primarily Donald Trump's large-scale tariffs on imports. They turned out to be too high compared to expectations, which caused investors to close positions in risky assets like crypto and move to traditional means of capital protection, primarily gold.

Over the weekend, Strategy founder Michael Saylor actually hinted at another round of bitcoin purchases by his company, which has become a tradition. He published a chart of BTC acquisitions and stated that the orange color, which is used to indicate crypto purchases here, is clearly missing.

In addition, he voiced another line that confirms Strategy's willingness to continue buying the first cryptocurrency.

The aggregate M2 money supply is indeed increasing, setting the stage for markets to rise further. According to data from the MacroMicro platform, the US, Europe, Japan and China figure advanced markedly from December to February, reaching the $90.2 trillion mark.

However, it is too early to talk about the continuation of the bullrun in crypto. This opinion was voiced by Peter Chang, head of research at Presto Research.

At the same time, the expert added that there are still positive signs in the case of crypto. First of all, we mean the behavior of Bitcoin, which ”held up well” in April and even managed to beat the key stock indices - S&P 500 and Nasdaq. The same goes for the shares of American tech giants from the so-called Magnificent Seven.

According to the analyst, to turn the current Bitcoin rally into a full-scale bull cycle requires the activity of the U.S. Federal Reserve System. In particular, the central bank's management should lower the base interest rate and keep it low, which will ensure an inflow of investor capital.

The next meeting of the Federal Open Market Committee will be held on May 6-7, and it is on the second day that the bankers' decision on the base interest rate will be known.

So far, traders expect the rate to remain at the same level. That probability is estimated at 90 percent.

Who will be able to buy crypto in the future

Apparently, cryptocurrency purchases by investors will become much easier in the future. This was hinted at by the head of Charles Schwab Financial Corporation in a recent earnings report.

According to Rick Wurster, they expect to launch spot trading of digital assets within a year. Accordingly, in this case, the bank's clients will be able to get access to coins without additional intermediaries.

Here's the comment:

Nate Geraci, President of ETF Store, also commented on what was happening. In general, he was not surprised by this scenario.

Bitcoin's rise is a strong signal for the market, but the real bullrun is still a long way off. Investors are still wary due to political and economic uncertainties, including trade tariffs and Fed actions. The fate of further crypto growth will be determined by regulators' decisions - especially in the coming weeks.