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Bitcoin Stabilizes at $88,500 Amid Protest-Driven Volatility

Posted on April 20, 2025

Bitcoin held steady at $88,500 on April 19, 2025, after a volatile week driven by U.S. protests against Trump’s National Bitcoin Reserve, per Forbes data from April 18. The cryptocurrency saw a 1.5% dip earlier due to sell-off fears, with Ethereum at $1,820, as traders assess the reserve’s impact. Analysts predict a potential rise to $90,000 if sentiment improves, but a drop below $87,000 could test $85,000, reflecting market uncertainty.

Social platforms show a divided response—bulls cite the reserve’s potential to drive prices to $250,000 as Hoskinson forecasted, while bears warn of correction risks if protests intensify or China’s $1.4 billion crypto disposal proceeds. Traders are advised to monitor Congressional debates and protest outcomes, as these could dictate short-term trends. The interplay of policy and public sentiment will shape trading strategies in the near future.

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