Bitcoin Price Breaks $88K—$580M in Buys from Strategy, Metaplanet

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Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Last updated: 

April 21, 2025

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Bitcoin broke above $88,000 on Tuesday, gaining over 1% as political drama in the U.S. added pressure to traditional financial markets. President Trump reignited calls to cut interest rates and doubled down on his criticism of Federal Reserve Chair Jerome Powell for keeping the benchmark rate at 4.5%, blaming the Fed for risking a potential economic slowdown.

His remarks rattled equities—the Nasdaq dropped 2.5%, the S&P 500 lost 2.4%, and the Dow Jones Industrial Average plunged nearly 1,000 points.

Meanwhile, the U.S. Dollar Index (DXY) fell to a three-year low below 98, reinforcing a shift toward alternative assets. Bitcoin responded with resilience, climbing to a four-week high of $88,500 and pushing total crypto market capitalization near $2.83 trillion.

• Nasdaq: -2.5%
• Dow: -990 points
• DXY: drops below 98
• BTC: up 1.2% to $88,467

Strategy Buys 6,556 BTC Worth $555M

Michael Saylor’s Strategy (MSTR) made headlines again after purchasing 6,556 Bitcoins between April 14–20 for $555.8 million. The average buy-in was $84,785, reinforcing Saylor’s long-term conviction in Bitcoin.

The firm raised capital through a sale of 1.8 million shares and now holds 538,200 BTC, with nearly 92,000 acquired just this year—accounting for 17% of total assets.

The institutional weight of this move signals growing confidence in Bitcoin’s role as a long-term treasury reserve asset. As more investors gain indirect exposure through MSTR stock, the company is fast becoming Wall Street’s strongest proxy for Bitcoin accumulation.

Metaplanet Buys $28M in BTC at $87K

Tokyo-based Metaplanet also boosted its Bitcoin holdings, purchasing 330 BTC (~$28 million) after prices breached $87,000. This marks their third purchase in April, bringing total BTC holdings to 4,855, now valued over $420 million—ranking Metaplanet among the top 10 global public holders.

This move comes amid broader volatility in global markets and Japan’s growing embrace of Bitcoin. The firm’s stock rose 0.9% following the announcement, mirroring growing optimism around corporate crypto allocations.

• Metaplanet BTC Holdings: 4,855 BTC
• April Purchase Value: $28M
• Stock Reaction: +0.9%

Bitcoin Eyes $88,889 Breakout as Bulls Push Upward

Bitcoin ($BTC) is trading near $88,467, holding within an ascending channel and approaching key resistance at $88,889. The hourly chart shows strong structure: higher highs and higher lows, supported by the 50-period EMA at $86,938 acting as dynamic support. The MACD is flat but stable, hinting at a possible momentum shift in favor of buyers.

For new traders, this is a classic breakout continuation setup. If price decisively clears $88,889 with volume, it could pave the way for a rally toward $89,526 and even $90,122. On the downside, a drop below $88,019 (mid-channel support) may indicate a pause or pullback.

Trade Setup:

• Buy Entry: Above $88,889 (confirmed breakout)
• Targets: $89,526, then $90,122
• Stop Loss: Below $88,019
• Alternative Entry: Buy dip at $88,019 if structure holds

Watch for a strong breakout candle and rising volume before entering. Patience pays in breakout trades.

BTC Bull Token Presale Nears $4.88M with 84% Staking Yield—Price Hike Ahead

With Bitcoin trading around $85,000, investor appetite for BTC Bull Token ($BTCBULL) continues to surge. The Ethereum-based meme coin—backed by real Bitcoin reward mechanics—has now raised $4.8 million, approaching its next price milestone at $5.64 million. This is not the end of the presale, but a checkpoint before the token price rises again from the current $0.002475.

$BTCBULL has carved out a unique position in the meme coin landscape by offering direct Bitcoin rewards tied to market milestones. When Bitcoin crosses key price thresholds, holders are airdropped rewards in actual BTC—bridging the gap between speculative fun and tangible value.

Staking Offers 84% APY + Bitcoin Payouts

One of the biggest draws of $BTCBULL is its 84% APY staking program. Investors can stake tokens at any time, earn high-yield rewards, and still maintain flexibility by unstaking whenever they choose.

Current Staking Stats:

• Annual Yield: 84% APY
• Total Staked: 1,252,015,807 BTCBULL
• Unstake Anytime: Yes

This dual-reward model—staking yield plus Bitcoin airdrops—makes $BTCBULL more than just another meme coin. It’s earning utility with upside exposure, and that has helped it gain traction among seasoned crypto investors and meme coin enthusiasts alike.

Staking Snapshot:

• Annual Yield: 85% APY
• Total Staked: 1,235,352,755 BTCBULL
• Unstake Anytime: Yes

Whether you’re a long-term holder or a passive earner, this dual-reward structure enhances the token’s appeal beyond just meme coin hype.

Latest Presale Stats:

• Token Price: $0.002475
• Raised So Far: $4.88M

With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.