Bitcoin price today is rallying after fresh inflows into ETFs and signs of easing trade tensions boosted market confidence.
Eleven U.S. Bitcoin ETFs recorded $1.29 billion in inflows on April 22. That marks the strongest daily figure since November 2024. The inflows suggest rising institutional interest and renewed optimism in the digital asset space. Bitcoin responded swiftly, surging alongside equities in a
wave of bullish sentiment.
The positive trend was triggered by geopolitical and macroeconomic signals. U.S. President Donald Trump stated he has no intention to replace Federal Reserve Chair Jerome Powell. He also hinted at reducing tariffs on Chinese goods. These comments eased fears about monetary
instability and reignited risk-on appetite among investors.
Bitcoin price today surged in tandem with global indexes. The S&P 500 and Nasdaq rose more than 2.5%. Asian markets also gained, with Japan’s Nikkei up 2.3% and South Korea’s Kospi 1.2% higher.
Institutional flows drive bullish momentum
The $1.29 billion ETF inflow reflects increasing trust in regulated Bitcoin exposure. For many, ETFs offer a more secure entry point into the crypto market.
This momentum has driven Bitcoin’s price higher, putting short-term holders back into profit. Data shows a sharp decrease in unrealized losses among recent investors. That typically correlates with growing retail and institutional confidence in Bitcoin.
Notably, over $321 million worth of futures contracts were liquidated in 24 hours, including $300 million in short positions. This added to the upward pressure, forcing bearish traders to buy back at higher levels.
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Bitcoin price today shows bullish reversal signals
A classic bullish reversal pattern is also forming on the charts. Analysts have flagged this as a potential sign that the worst of the correction is over.
If Bitcoin maintains its current level and builds momentum above $93,000, more upside could follow. ETF inflows and macro developments are fueling this technical setup. A clean break above resistance could see Bitcoin test the psychological $98,000 mark again soon.
Crypto traders are closely watching these patterns for confirmation of a sustained breakout.