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Crypto Price Today: Bitcoin Climbs Back Above ,000; Altcoins Remain Stable as Market Volatility Persists

Crypto Price Today: Bitcoin Climbs Back Above $80,000; Altcoins Remain Stable as Market Volatility Persists

Bitcoin reflected a small loss of 1.30 percent on international exchanges owing to market volatility. On Friday, April 11, Bitcoin reclaimed the $80,000 (roughly Rs. 68.7 lakh) mark after dropping to $76,000 (roughly Rs. 65.3 lakh) earlier this week. According to market analysts, Trump’s tariff reprieve and receding inflation are short-term sources of relief, but underlying investor sentiment remains cautious. On Indian exchanges, Bitcoin price fell by nearly two percent bringing its value to $83,512 (roughly Rs 71.8 lakh). “Lower inflation typically boosts investor sentiment due to potential Fed rate cuts. Markets saw a brief period of profit booking. However, CryptoQuant data shows that Bitcoin whales remain active with wallets holding 1,000 to 10,000 Bitcoin, rising faster than the 30-day average, indicating strong investor confidence. Currently, Bitcoin’s resistance stands at $83,700 (roughly Rs. 71.9 lakh), while the support remains at $75,000 (roughly Rs. 64.4 lakh),” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. Ether joined Bitcoin in clocking losses on Friday. On global platforms, ETH is trading at $1,545 (roughly Rs. 1.32 lakh) …