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.
You may also like
Ethereum Foundation allocates $32 million to expand education and tools in the ecosystem
Ripple Ends Dispute with SEC, Recovers $75 Million, XRP Surges 10%
Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future
Nasdaq-listed Bitcoin miner Core Scientific Inc. has reported a net income of $580 million for the first quarter of 2025, more than double the $210 million recorded during the same period last year. However, the firm fell short of analyst expectations for revenue, signalling the growing impact of industry shifts and operational transformation.

Federal Reserve’s Tight Policy Affects Bitcoin Growth

Trending news
MoreCrypto prices
More








