Bitcoin Price Drops Below $85K Again as TAO, FET See Surges

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Portalcripto2025/04/18 13:33

By:by Editor

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 views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

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.

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