The Bitcoin price today on 21th April 2025 continued to impress investors as it surged beyond the $87,000 mark, signaling growing market confidence. Despite a few fluctuations throughout the day, Bitcoin managed to hold its ground and edge closer to its March highs, fueled by institutional inflows, bullish technical indicators, and broader market optimism.
Intraday Volatility and Real-Time Price Action
Bitcoin began the day at around $85,051.73 (recorded at 3:11 AM IST), but by 8:49 AM IST, the price had climbed to $87,369.18, according to data from LatestLY. Some sources even reported a day high of $87,385.18, reflecting a 2.59% 24-hour gain. Meanwhile, live market feeds at 02:17 UTC showed $87,501 as the current price, underlining the strength of the rally.
The digital asset traded between an intraday low of $84,038 and a high of $87,573, suggesting significant movement across the board. Compared to its April 2024 level of approximately $64,894, Bitcoin is now up over 31% year-on-year.
Bitcoin Price Today on 21th April 2025
| Metric | Value |
|---|---|
| Opening Price (IST) | $85,051.73 |
| Day High | $87,573 |
| Day Low | $84,038 |
| Current Price (UTC) | $87,501 |
| 24-Hour Change | +2.59% |
| Yearly Gain | ~31% |
| Market Cap | ~$2.74 Trillion |
| 24-Hour Volume | ~$45 Billion |
The Bitcoin price today on 21th April 2025 comes at a time when global cryptocurrency markets are gaining momentum. The total crypto market cap is now at $2.74 trillion, and Bitcoin is once again leading the charge, inching toward its March 2025 peak of $88,000.
Bitcoin Price Today on 20th April 2025: BTC Trades Steady Above $85,000 Mark
Factors Fueling Bitcoin’s Surge
1. Institutional Inflows and ETF Popularity
Bitcoin’s latest rally has been powered in large part by record-breaking inflows into spot Bitcoin ETFs. A total of $60 billion has flowed into Bitcoin ETFs in 2025 so far, with retail investors accounting for 75% of the contributions. If the current pace continues, analysts believe another $70 billion could be added by year-end, possibly sending Bitcoin toward $150,000. BlackRock’s IBIT ETF alone logged $45.5 million in daily net inflows during this rally.
2. Post-Halving Supply Constraints
Bitcoin’s 2024 halving event has created a supply squeeze, reducing the rewards earned by miners and limiting the number of new BTC entering circulation. Whale investors have withdrawn approximately 14,000 BTC from exchanges recently, further tightening the available supply and supporting higher price levels.
3. Macroeconomic Tailwinds
The weakening US Dollar and rising gold prices (up 1.3% to $2,350/oz) have bolstered Bitcoin’s narrative as a hedge against inflation. Moreover, the U.S. Treasury’s liquidity injections totaling $510 billion since February 2025 have flowed into riskier assets, including crypto, fueling further demand.
4. On-Chain and Technical Indicators
| Indicator | Value |
|---|---|
| Active BTC Addresses | 1.2 million |
| MACD | Bullish crossover |
| RSI | 68–72 (upward trend) |
| Network Transactions | 350,000 daily |
| NVT Ratio | 62 |
Technical charts are also flashing bullish signals. The MACD crossover is encouraging buying activity, while the RSI, currently near 72, suggests that Bitcoin is entering overbought territory but still has momentum left. The number of active Bitcoin addresses has jumped to 1.2 million, showing increased network utility. A 30% spike in trading volume, now at $45 billion, also highlights strong interest.
5. Whale Activity and Market Liquidity
Large holders—often referred to as “whales”—have been particularly active. These players strategically placed large orders near the $86,000–$87,000 resistance zones, generating market liquidity that contributed to Bitcoin’s surge. This kind of institutional-style trading, combined with $32 billion in day-trading volume, added further support for the upward push.
6. Regulatory Fortitude
Despite ongoing legal actions against major exchanges like Coinbase, Bitcoin has remained resilient. Instead of retreating in the face of regulatory pressures, the market appears to be focusing on Bitcoin’s long-term potential and widespread adoption. The Bitcoin price today on 21th April 2025 reflects this confidence as investors continue to prioritize growth and utility over short-term hurdles.
Resistance, Support & Momentum
The move past the $86,000 resistance level was a significant technical breakout. With bullish sentiment and strong market structure, Bitcoin is now testing the $87,500–$88,000 zone. If it breaks through, analysts say it could quickly head toward new all-time highs, especially if ETF inflows continue at the current pace.
On the downside, strong support is likely around $84,000, where multiple buy orders and whale activity have previously helped prevent steep drops.
Final Take: Bitcoin’s Bullish Trajectory Holds
The Bitcoin price today on 21th April 2025 reflects a broader bullish wave in the crypto ecosystem. Institutional investors, favorable macroeconomic conditions, and strong technical setups are all aligning in Bitcoin’s favor. Though some caution is advised due to slightly overbought indicators, the overall market sentiment remains positive.
Whether you’re a seasoned trader or a curious observer, today’s price action makes one thing clear — Bitcoin is once again asserting its dominance in the digital asset world. As it inches closer to $88,000, the big question now is: how soon before we see Bitcoin shatter its previous all-time highs?
