Bitcoin Surges 2.304% Amid Easing Trade Tensions and Institutional Buying

Bitcoin's latest price was $85312.78, up 2.304% in the last 24 hours. This increase comes amidst a backdrop of significant uncertainty and volatility in the cryptocurrency market, driven by shifting global macroeconomic conditions. The volatility in the Bitcoin market has been particularly pronounced, with reactions to various global events causing fluctuations. However, the current volatility is lower compared to past events such as the COVID-19 crash, the Terra-Luna collapse, the FTX downfall, and the Silicon Valley Bank (SVB) bank run. The Price Intraweek Range metric, which measures the percentage change in the average weekly price of Bitcoin, reached an all-time high of 72% during the COVID-19 market downturn in April 2020. In contrast, the current volatility stands between 8% and 21%, suggesting that Bitcoin has matured as an asset with deeper liquidity and a better market structure.

This relative stability can be attributed to the growing base of long-term holders and steady corporate adoption. Institutional players are increasingly viewing Bitcoin as a hedge against macroeconomic uncertainties rather than a high-risk asset. This shift in perception has contributed to a more stable market environment for Bitcoin. Recent on-chain data indicates that long-term holders (LTHs) of Bitcoin have been more active in the market. The Long-Term Holder Net Position Change metric, which tracks the net change in the BTC supply held by LTHs over a 30-day period, shifted to positive territory on April 6, 2024. This positive change signals fresh buying among seasoned investors, who have been offloading their Bitcoin in the past six months. The metric reached a negative peak level of 827,750 BTC on December 5, 2025, accompanied by a 32% decline in the Bitcoin price. The recent positive shift in the metric coincides with a 12% jump in the Bitcoin price, which returned above $81,000 after United States President Donald Trump paused trade tariffs on imports from all countries except China.

Whale accumulation has also been a significant factor in Bitcoin's recent stability. In recent times, more than $3.6 billion worth of Bitcoin were bought in a day, reflecting enhanced confidence by institutional investors against broader economic jitters. Experts are confident that this amassing, more so by long-term investors, might open up opportunities for yet more price gains, though the market is careful. Wallet addresses with a balance of 1,000 to 10,000 BTC have seen a significant rise in activity, just like what happened during the 2020 bull market. Glassnode data suggest that whale activity has increased for the first time ever since August 2024, indicating renewed confidence in Bitcoin’s current price levels. On April 9, long-term investors moved 48,575 BTC, valued at about $3.6 billion, into accumulation wallets, marking the largest transfer since February 2022. This transaction took place when Bitcoin was priced around $76,000, following a recent sell-off driven by concerns over trade tensions. This suggests that large investors often take advantage of uncertain times to grow their positions.

Easing tariff tensions between major economies, like the U.S. and China, have contributed to a more stable market environment for Bitcoin. These trade disputes had created a lot of uncertainty, not just for traditional markets but also for cryptocurrencies. But with these tariff issues settling down, the overall economic environment has become more stable, which has had a positive impact on Bitcoin’s price. This stability has been positive for Bitcoin, which had previously struggled with big price swings due to geopolitical events and internal market forces. With fewer worries about sudden global disruptions, Bitcoin has been able to hold steady around $80,000, giving investors more confidence in it as a safe store of value.

Billionaire Tim Draper has taken to X to remind market onlookers of his position on unconventional emerging technologies like artificial intelligence and cryptocurrencies. The head of Draper Associates recalls how his firm made a big bet on Bitcoin at a time when traditional market players were still largely skeptical. Draper’s assertion comes as Bitcoin corrects upwards, reclaiming the $83,529 price mark. Despite the escalating U.S.-China trade wars, the asset has successfully cleared weekly losses. Market players have remarked that the rebound is crucial for Bitcoin to retest previous support levels, turned resistance, at $94,500, according to the MVRV extreme deviation pricing bands indicator. Draper, a crypto and Bitcoin believer, reminded the market of Bitcoin’s early stages, implying that a notable change has occurred over the past few years, with skepticism dying down and adoption increasing globally.