Bitcoin Tops $94,000, Extending 2025 Crypto Recovery
Bitcoin pushed passed the $94,000 threshold on Wednesday, touching an intraday peak of $94,982 before easing back slightly in late afternoon. The move lifted the world’s largest cryptocurrency more than 20 per cent above its early-April lows and within sight of November’s all-time high. #Bitcoin pic.twitter.com/do1uB9R2gw — Bitcoin (@Bitcoin) April 23, 2025 The latest advance came as President Donald Trump softened recent criticism of Federal Reserve Chair Jerome Powell and hinted at lower tariffs on Chinese imports, twin signals that encouraged risk appetite across global markets. Bitcoin’s jump coincided with a rebound in US equity futures and a steadier dollar, underscoring its growing sensitivity to macro-policy headlines. Relief rally follows calmer White House rhetoric Crypto traders began bidding prices higher late Tuesday after Mr Trump told reporters he had “no intention” of removing Mr Powell and was open to “substantially” reducing tariff...