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Bitcoin price today: The price of Bitcoin has exceeded 95,000 USD with Changpeng Zhao sending a "buy on dip" signal 🎯
The price of Bitcoin rose above $95,100 on April 27 as bulls took advantage of the momentum during trading sessions before the global market.
Trump's decision to ease tariffs on China boosted risk appetite, helping Bitcoin outperform traditional assets like gold and the S&P 500.
Changpeng Zhao, the co-founder of Binance, issued a "buy the dip" bullish signal, enhancing positive sentiment around short-term Bitcoin forecasts. Bitcoin (BTC) recovers to $95,000 with bulls dominating pre-market trading.
Bitcoin's price decisively surpassed the $95,100 mark on the morning of Sunday, April 27, with renewed buying pressure in global cryptocurrency markets. After spending most of the weekend stabilizing around $93,000, the Bitcoin market saw positive momentum on Sunday.
The new headlines confirming U.S. President Donald Trump's plans to eliminate tariffs on Chinese imports have sparked a broader rise in stocks and commodities, leading to positive side effects for Bitcoin. By Sunday afternoon, the price of Bitcoin reached $95,115, recording a 24-hour gain of about 1.0%, according to CoinGecko data.
On a weekly basis, the price of Bitcoin recorded an increase of 10.6%, outperforming the performance of the Nasdaq Composite and gold futures contracts. As of the time of publication, Bitcoin's monthly gains stood at 11.8%, while its year-to-date returns maintained strength at 48.4%.