Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Bitcoin steadies amid economic and geopolitical strains
    Bitcoin-Stability-Challenges
    Bitcoin-Stability-Challenges
    Fintech

    Bitcoin steadies amid economic and geopolitical strains

    By Kayla ZhangApril 29, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • BTC hovers near $95K despite weak U.S. manufacturing data and India-Pakistan tensions.
    • Crypto equities dip; investors reassess risk amid macroeconomic uncertainty.

    What happened: Bitcoin holds firm despite market headwinds

    Bitcoin (BTC) maintained its position near $95,000 on Monday, demonstrating resilience in the face of disappointing U.S. economic indicators and escalating geopolitical tensions between India and Pakistan. The cryptocurrency’s stability comes as the Dallas Federal Reserve’s Manufacturing Index plummeted to its lowest level since May 2020, signalling potential economic challenges ahead.

    Despite an early dip during U.S. trading hours, BTC recovered to trade just below $95,000, marking a 0.5% increase over the past 24 hours. This performance contrasts with the broader market, where crypto-related equities such as Coinbase (COIN) and MicroStrategy (MSTR) experienced declines following significant gains the previous week.

    The CoinDesk 20 Index, representing the top 20 cryptocurrencies by market capitalisation (excluding memecoins, exchange coins, and stablecoins), remained relatively flat, indicating a cautious market sentiment amid prevailing uncertainties.

    Also read: Bitcoin hits 45-day high amid dollar weakness
    Also read: Bitcoin hashrate drops by 50 EH/s

    Why it is important

    Bitcoin’s steadiness amidst economic and geopolitical challenges underscores its evolving role in the financial landscape. The cryptocurrency’s ability to maintain value despite the Dallas Fed’s Manufacturing Index reaching pandemic-era lows suggests a potential decoupling from traditional market indicators.

    The recent downturn in crypto equities, including notable players like Coinbase and MicroStrategy, highlights the market’s sensitivity to macroeconomic data and investor risk appetite. These movements reflect a broader trend where digital assets are increasingly influenced by traditional economic factors.

    Furthermore, the geopolitical tensions between India and Pakistan add another layer of complexity to the market dynamics. Historically, such tensions have led investors to seek safe-haven assets, and Bitcoin’s performance during this period could indicate its emerging status as a digital refuge.

    Bitcoin BTC cryptocurrency Economic data
    Kayla Zhang

    Kayla is a community engagement specialist at BTW Media, having studied English language studies at University of Malaya. Contact her at K.Zhang@btw.media.

    Related Posts

    ICANN’s quiet power grab: ICP-2 compliance document raises alarms amid AFRINIC crisis

    July 15, 2025

    LKNOG 9 conference: Networking, AI, and innovation in Sri Lanka

    July 15, 2025

    CityFibre secures $2.98B to expand UK network

    July 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.