Spectacular Rise Of Bitcoin Exceeding 90,000 Dollars

Bitcoin has just crossed a new milestone at $90,444, confirming an explosive rally. This surge, supported by a massive drop in transaction fees, reignites hopes for a prolonged bull run. Should we expect a new all-time high in the coming weeks?

Breaking the $90,000 Mark: A Strong Technical Signal for Bitcoin

On April 22, 2025, bitcoin again surpassed the $90,000 mark, reaching exactly $90,444, a 3.48% increase over 24 hours compared to the $87,400 recorded the day before ! This rise marks the breaking of a major technical resistance at $88,000, signaling strengthened bullish momentum.

Christopher Lewis, an analyst at FXEmpire, points out that this symbolic threshold could propel bitcoin toward the previous consolidation zone, with a potential medium-term target of $110,000. In the short term, technical indicators, including the bullish crossover of the MACD , suggest continued positive momentum. Some analysts even mention the possibility of a 90% increase by July, which would bring BTC to about $166,250.

Factors Behind This Spectacular Rise

Among the macroeconomic factors influencing this surge is a significant reduction in transaction costs. Indeed, on the Bitcoin network, gas fees have been cut by 90% , the lowest in a year! This has certainly played a notable role in the rise, making transactions more attractive to investors and users.

However, this fee reduction also applies to Ethereum, whose fees have also fallen by 90%. Despite this, Ethereum has not experienced a comparable rise to bitcoin. This divergence can be explained by network-specific factors, such as technological developments, use cases, and investor perception.

BTC breaking through $90,000 reflects increased investor confidence, embodied by the 13,000 institutions trusting Michael Saylor and his bitcoin strategy. The short- and medium-term outlook remains optimistic, especially as the crypto queen rose to $91,000 at the time of writing. Nevertheless, caution remains necessary amid the inherent volatility of the crypto market.