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Bitcoin Surges Past $87,000 Amid Market Optimism

Published on
21 Apr, 2025 | 07:40
Image: AI-generated for bitcoin24.com

As of Sunday evening, April 20, 2025, Bitcoin (BTC) is trading at approximately $87,248, marking a 2.4% increase over the past 24 hours. This rise reflects a strong rebound from earlier lows of around $83,800.

Analysts credit this momentum to increased investor confidence and a wave of institutional adoption. The recent approval of spot Bitcoin ETFs in the U.S. is seen as a major catalyst, drawing fresh capital into the market.
Details via Business Insider

Macroeconomic concerns, such as inflation and weakening trust in traditional banks, have also pushed investors toward Bitcoin as a store of value.
See analysis on FingerLakes1

Meanwhile, author and investor Robert Kiyosaki has reaffirmed his long-term prediction that Bitcoin could reach $1 million by 2035, further fueling public interest.
Read the full piece on Finance Magnates

Live Bitcoin price illustration with upward chart and Bitcoin logo – bitcoin24.com
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Source: CoinGecko