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Home News

Bitcoin Reclaims $84K, Solana Soars 6%: Crypto Market Turns Bullish Over Weekend

Stan K by Stan K
April 12, 2025
in News, Altcoin, Bitcoin
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The crypto market kicked off the weekend with strong upward momentum, led by Bitcoin breaking past $84,000 and Solana (SOL) jumping 6% to reclaim $125.

After a volatile week stirred by escalating U.S. trade tensions under President Trump’s tariff moves, Bitcoin rebounded sharply. The leading cryptocurrency had dropped to a painful weekly low of $74,000 early in the week—its lowest level in five months. But the tide turned midweek after the U.S. announced a temporary pause on tariffs for most countries (excluding China), calming macroeconomic jitters.

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Bolstered further by positive U.S. CPI data for March, Bitcoin steadily climbed, finally touching $84,000 on Friday and again Saturday morning—marking its highest level in a week and signaling renewed bullish sentiment.

Altcoin Surge: SOL Leads the Pack

Altcoins followed suit, with Solana (SOL) leading the charge among the top 10. The token surged 6% in the last 24 hours, reclaiming the $125 mark after briefly slipping below $100 earlier in the week.

Ethereum (ETH) remains steady around $1,600, XRP has comfortably held above the $2 level, and DOGE added 3.5% to its value. TRX also impressed with a move up to $0.25, while TON and HBAR posted slight declines.

Among the mid-cap alts, PI was the top gainer, exploding 12% to surpass $0.65. ONDO also made notable progress with a 6% rise.

Market Snapshot

Fueled by Bitcoin’s recovery and altcoin optimism, the total crypto market cap has grown by more than $50 billion overnight, reaching approximately $2.745 trillion, according to CoinGecko data.

With macroeconomic uncertainty easing for now and bulls regaining control, the stage may be set for further upside—provided the geopolitical headlines stay calm.

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