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Bitcoin Regains $90,000 Ahead of Key White House Crypto Summit

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Bitcoin (BTC) surged nearly 8% on Wednesday, reclaiming levels above $90,000 after briefly dropping below $80,000 five days ago. This sharp recovery signals renewed bullish momentum as investors react to speculation surrounding Trump’s proposed US crypto reserve plan.

Key technical indicators, such as the DMI and Ichimoku Cloud, suggest that buyers have regained control. Whether BTC can sustain this momentum and push toward $100,000 or face renewed volatility depends largely on upcoming market developments, including the White House Crypto Summit.

Bitcoin DMI Shows Buyers Have Reclaimed Control

Bitcoin’s Directional Movement Index (DMI) shows that the ADX has fallen to 17.5, down significantly from 27.6 just two days ago. A declining ADX indicates weakening trend strength, meaning that the previous downtrend has lost momentum.

At the same time, the +DI has risen to 27.9 from 17.7 yesterday, while the -DI has dropped from 30.5 to 20.5. This shift suggests that bullish momentum is increasing while selling pressure is fading.

Bitcoin is currently attempting to transition from a downtrend to an uptrend, and these movements in the DMI lines indicate that buyers are starting to gain control.

BTC DMI.
BTC DMI. Source: TradingView.

ADX, or the Average Directional Index, measures trend strength rather than direction. Values above 25 typically signal a strong trend, while values below 20 indicate a weak or indecisive market.

With ADX now at 17.5, Bitcoin’s current price action lacks strong trend confirmation, making its next move critical.

However, the rising +DI and falling -DI suggest that bullish pressure is increasing. If ADX starts rising again alongside a widening gap between +DI and -DI in favor of buyers, Bitcoin could establish a new uptrend.

Conversely, if ADX remains low, price action may stay choppy, lacking the strength needed for a decisive breakout.

BTC Ichimoku Cloud Shows a Shift In Momentum

Bitcoin’s Ichimoku Cloud structure suggests a potential shift in momentum as the price moves above key levels. The price has recently broken above the red baseline, indicating growing bullish pressure. However, it is still interacting with the cloud, which represents a zone of uncertainty where trends often get tested.

The green leading span A is beginning to slope upward. In contrast, the orange leading span B remains relatively flat, showing that the cloud ahead is transitioning into a possible support area.

Additionally, the lagging span (green line) is approaching price action from 26 periods ago, suggesting that Bitcoin is determining whether this breakout has enough strength to continue.

BTC Ichimoku Cloud.
BTC Ichimoku Cloud. Source: TradingView.

The Ichimoku Cloud is a dynamic indicator that highlights trend direction, momentum, and key support and resistance zones. A decisive move above the cloud would confirm a stronger bullish trend, allowing Bitcoin to establish a more defined uptrend.

However, if the price fails to hold above the red baseline and re-enters the cloud, it could indicate a period of consolidation or even a retest of lower levels.

The current setup suggests that Bitcoin is at a critical point. Continued momentum could lead to a breakout, but hesitation near the cloud could result in sideways movement before a clearer trend emerges.

How Will Bitcoin React After the White House Crypto Summit?

Bitcoin has reclaimed the $90,000 level as speculation grows over potential special treatment in Trump’s proposed US crypto reserve plan.

This renewed bullish momentum puts BTC in a position to test key resistance at $94,833. A breakout above this level could potentially lead to a rally toward $99,472.

If bullish sentiment continues to build, Bitcoin could surpass $100,000 for the first time since February 3, marking a significant milestone.

The overall trend will depend on whether buying pressure remains strong enough to sustain the current momentum and push past these critical levels.

BTC Price Analysis.
BTC Price Analysis. Source: TradingView.

However, Bitcoin’s recent price action has been highly volatile, with strong swings in both directions over the past few weeks.

Market uncertainty surrounding the upcoming White House Crypto Summit on March 7 adds further risk, as any developments that fall short of investor expectations could trigger a renewed downtrend.

If bearish pressure intensifies, BTC could face a sharp decline, potentially dropping as low as $78,179.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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MANTRA Launches $108 Million RWA Fund As OM Price Surges

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MANTRA is planning to launch a $108,888,888 Ecosystem Fund to drive RWA innovation over the next four years and help accelerate projects in MANTRA’s blockchain ecosystem.

MANTRA’s native token OM has shown significant resilience in the current market downturn. OM is currently the only altcoin among the top 30 tokens to have posted positive gains over the past 24 hours. 

MANTRA’s RWA Ecosystem Fund

MANTRA, a Layer-1 blockchain for asset tokenization, is heavily invested in the RWA market. Since its mainnet launch in 2024, it has carried out major partnerships and planned to tokenize huge volumes of assets.

Today, it announced the launch of a $108,888,888 Ecosystem Fund to propel RWA innovation in its blockchain ecosystem.

“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets. We are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem,” claimed John Patrick Mullin, founder and CEO.

Mullin delivered these comments in an exclusive press release shared with BeInCrypto. MANTRA plans to deploy this fund over the next four years, working with “a strong network of partners and investors” to maximize RWA growth.

The firm also claimed that its new license approvals in Dubai will allow it to facilitate advanced financial services.

MANTRA successfully obtained a Virtual Asset Service Provider (VASP) license, which will allow it to act as a crypto exchange and offer broker-dealer, management, and Investment Services. With these tools, the network can direct RWA investment.

Since the RWA Fund announcement, the OM token has actually performed quite well today. Given the wide-scale liquidations across the crypto market due to Trump’s tariff threats, OM has gained over 2% in the past 24 hours.

In fact, MANTRA’s native token is the only cryptocurrency among the top 30 to have any positive gains. It’s also among the top 5 highest gainers in the market today.

mantra (OM) price chart
MANTRA (OM) Daily Price Chart. Source: BeInCrypto

Overall, investors seem extremely confident in MATRA’s growth and the network’s continuous development. The project’s latest investment fund reflects its commitment to influencing positive developments in the RWA ecosystem.

Meanwhile, the find will likely encourage more RWA projects to launch or shift to the network, increasing MANTRA’s utility. According to DefiLlama, the network only has $4.2 million in total value locked (TVL).

With this fund, the project’s main goal will be to improve participation and long-term engagement on the blockchain.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.





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AAVE Buybacks & Key Events This Week

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Several major developments across various ecosystems are expected this week, suggesting imminent volatility for tokens within the respective niches. From Aave buybacks to Trump’s reciprocal tariffs, some very interesting updates are in the pipeline.

Traders and investors can front-run the following developments and position their portfolios strategically ahead of the following events.  

AAVE Buybacks

AAVE, the native token of the Aave lending protocol, will see buybacks commence on Wednesday, April 9. This follows approval from the Aave DAO.

This move involves allocating $4 million in aEthUSDT to repurchase AAVE tokens from the open market. The goal is to reduce circulating supply and potentially boost token value.

“Buybacks will reduce AAVE’s circulating supply, making tokens scarcer and more valuable. Activating fee mechanism will create a new revenue stream for protocol; increasing demand,” noted Langerius, founder of Hunters of Web3.

The repurchased tokens will be moved to the Ecosystem Reserve, signaling a long-term strategy to enhance scarcity and reward holders. This could see the AAVE token price surge, especially if demand remains steady or increases.

The buybacks follow a tokenomics update that activates a fee switch, introducing a new revenue stream for the protocol.

“New Aavenomics update. This is Fee Switch on steroids,” wrote Stani Kulechov, CEO and founder of Aave.

This dual approach, which reduces supply and generates revenue, could make AAVE a more attractive investment.

AAVE Price Performance
AAVE Price Performance. Source: BeInCrypto

BeInCrypto data shows the AAVE token was trading for $123.62 as of this writing, down by over 16% in the last 24 hours.

Trump’s Reciprocal Tariffs

Another crypto headline to watch this week concerns President Trump’s reciprocal tariffs, which are expected to take effect on April 9. The president will introduce a tiered levy system (10%, 15%, 20%) targeting countries like China, Vietnam, and the EU. The UK faces the lowest band.

While these tariffs bolster US economic independence, they could ripple through crypto markets. In the recent past, tariffs spooked investors, driving sell-offs in risk assets, evidenced by Bitcoin’s volatility after past tariff announcements.

Traders should brace for short-term dips, particularly in Bitcoin and altcoins tied to global trade dynamics. However, Trump’s pro-crypto stance, including his strategic Bitcoin reserve, might mitigate some losses, as could a decision to delay the tariffs.

“As soon as he delays or cancels the “reciprocal” tariffs the market will bounce 10%+ immediately. That is want everyone is waiting and hoping for,” one user highlighted.

Such an outcome, however, is contingent on investors viewing digital assets as a hedge against tariff-induced inflation or currency devaluation.

$47 Million Aptos Unlocks

On April 12, the Aptos network will unlock 11.31 million APT tokens worth approximately $47.73 million and comprising 1.87% of the circulating supply. The tokens will be allocated to the community, core contributors, the foundation, and investors.

Aptos Token Unlocks
Aptos Token Unlocks. Source: Tokenomist

Token unlocks often lead to selling pressure as early investors or team members liquidate holdings. As such, the Saturday event could drive APT’s price down.

“Aptos is struggling with a strong downtrend and upcoming token unlocks, which could further dilute its value,” one user noted.

Neutron’s Mercury Upgrade

Neutron’s Mercury upgrade, its most significant to date, launches on April 9. The event promises enhanced functionality for this Cosmos-based blockchain. Such upgrades improve scalability, security, or interoperability—key for Neutron’s DeFi and cross-chain ambitions.

“Neutron’s upcoming Mercury upgrade will 11x network throughput,” the network shared.

It follows proposal #993, supported by Stakecito, and aims to transition Neutron from Cosmos Hub’s Interchain Security to full sovereignty via the Mercury upgrade. The move would enhance Neutron’s role as a smart contract platform while maintaining ties with Cosmos Hub.

A successful rollout could bolster Neutron’s position in the Cosmos ecosystem, attracting more projects and capital.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Is $0.415 the Key to Further Gains?

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Layer-1 (L1) coin KAVA has emerged as the day’s top performer with a modest 0.10% gain over the past 24 hours. The coin remains range-bound despite this lead, signaling a relative balance between buying and selling pressure.

Still, the sentiment around KAVA is quietly bullish. With technical and on-chain indicators pointing to a surging positive bias, the altcoin might be poised for a breakout above its narrow range.  

Buyers Dominate as KAVA Teases Break Above Resistance

Since the beginning of April, KAVA’s price has oscillated within a range. The 98th largest crypto by market capitalization has faced resistance at $0.415 and has found support at $0.392.

KAVA Price Analysis.
KAVA Price Analysis. Source: TradingView

With the gradual resurgence in bullish bias toward the altcoin, KAVA could see a break above the $0.415 resistance level in the near term.

Its positive Balance of Power (BoP) on the daily chart confirms this outlook.  At press time, this momentum indicator is at 0.20. 

KAVA BoP
KAVA BoP. Source: TradingView

The BoP indicator measures the strength of buyers versus sellers in the market, helping to identify momentum shifts. When its value is negative, sellers are dominating the market over buyers.

Converesly, a positive BoP like this suggests that buying activity outweighs selling pressure. This reflects KAVA’s growing demand and potential for its price to appreciate further.

Moreover, the coin’s positive funding rate highlights the bullish sentiment among KAVA’s futures traders. As of this writing, the metric stands at 0.0097%.

KAVA Funding Rate
KAVA Funding Rate. Source: Coinglass

The funding rate is a periodic payment between traders in perpetual futures contracts to keep prices aligned with the spot market. KAVA’s positive funding rate means long positions are paying short. This trend indicates that more KAVA traders are betting on its price to increase.

KAVA Approaches Breakout—Can It Flip $0.41 Into Support?

KAVA’s strengthening buying pressure could trigger a break above the resistance at $0.415. If this price level is successfully flipped into a support floor, KAVA’s uptrend will gain momentum and could reach $0.44.

KAVA Price Analysis
KAVA Price Analysis. Source: TradingView

Conversely, if profit-taking spikes, the coin could slip below support at $0.392. In this scenario, KAVA’s price could fall further to $0.38.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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