Bitcoin Price Today: Bitcoin is trading in the green on April 15, climbing to $85,856 by 2 PM, marking a 1.48% gain over the last 24 hours. The broader crypto market cap also saw a lift, reaching $2.71 trillion, up 1.17% from the previous day, according to CoinMarketCap.
Despite rising prices, market volume dropped 7.65%, sitting at $77.64 billion, suggesting traders may be cautiously optimistic. Bitcoin’s dominance rose to 62.95%, signaling its continued influence over the broader crypto ecosystem.
Bitcoin Breaks $85K: What’s Fueling the Rise?
Bitcoin’s price movement reflects growing strength, with analysts at CoinDCX Research noting that BTC is attempting to firmly establish itself above the $85,000 threshold. They believe demand is steadily picking up.
Riya Sehgal, Research Analyst at Delta Exchange, supports this outlook, saying, “Bitcoin trading above $85,000 shows that investors are buying the dip and expecting further upside.”
Further bullish sentiment is linked to macro developments:
- The U.S. government’s proposal for a Strategic Bitcoin Reserve
- New York’s draft plan to allow BTC for state payments
These initiatives are seen as catalysts pushing Bitcoin above the $84,000 opening levels.
Top Cryptos Today: Ethereum, Tether, and Solana
- Ethereum (ETH) is up 0.43%, now at $1,642.83, with a market cap of $198.27 billion
- Tether (USDT) rose 0.03% to $0.9999, continuing to dominate trading volume at $57.46 billion
- Solana (SOL) gained 0.54% to $131.80, with a market cap of $68.04 billion
Expert Analysis: Will Crypto Rally Despite Trump’s Tariff Threat?
Market watchers are split on the impactJ of former President Donald Trump’s tariff-related statements.
Avinash Shekhar, CEO of Pi42, remains upbeat, saying:
“Bitcoin is getting closer to the psychological $100,000 mark. Investor confidence is growing.”
Alex Kuptsikevich, chief analyst at FxPro, adds a note of caution:
“We’ve seen a 13% rise in market cap this week, but only a clear move above $2.85 trillion will confirm a strong bullish trend. The Fear & Greed Index has improved to 31, showing signs of recovery from extreme fear.”
However, crypto fund flows remain volatile:
- Weekly outflows hit $795 million
- Bitcoin ETFs saw the third-largest outflow in 2025
- Ethereum continues to struggle under pressure
Edul Patel, CEO of Mudrex, believes the market is in a holding pattern:
“Bitcoin is hovering around $85,000, waiting for a breakout catalyst. Institutional interest is still strong, with Strategy recently acquiring 3,459 BTC worth $285.8 million.”
What’s Next for Bitcoin?
- Immediate resistance: $86,000
- Strong support: $83,000
- Institutional holdings: Over 688,000 BTC, showing long-term confidence
Despite short-termJ volatility, Bitcoin’s year-to-date inflows remain positive at $545 million, suggesting long-term investor optimism.
Sehgal summed it up well:
“Options data shows that while investors are cautious in the short term, there’s clear optimism for Bitcoin’s future.”
✅ Key Takeaways:
- Long-term outlook remains bullish despite short-term swings
- Bitcoin price today: $85,856, market cap: $1.7 trillion
- Crypto market cap: $2.71 trillion, up 1.17%
- Ethereum, Tether, and Solana also show gains
- Experts divided on impact of Trump’s tariff threats