Bitcoin Price Drops Below $85K Again as TAO, FET See Surges
- Bitcoin Attempts to Break $85K Resistance Again
- Cryptocurrency market recovers $30 billion in value
Bitcoin price today is trading near $84.500 on 18/04/2025, with no gains on the day.
BTC hit the $85.500 mark before correcting down to $84.000 but managed to hold above $84.250 in the following hours.
Among the altcoins, Solana (SOL) stood out with an appreciation of almost 1%, trading above US$ 135. The positive performance placed the asset among the leaders of the day in the top 20 by capitalization. The TAO token was the highlight among the mid-sized altcoins, with an increase of almost 10%, trading at US$ 259,29.
Other assets that traded in the positive territory included FET, IMX, and ALGO. Meanwhile, FARTCOIN recorded the worst performance among the major altcoins, falling by approximately 10%.
In short, Bitcoin price is consolidating above $84.200. If BTC clears the $86.650 resistance, it could rally to $90.000 if the momentum continues.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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