Bitcoin rebounds to $81K amid tariff drama, SEC shift and Bitcoin growth

From Yahoo Finance: 2025-04-12 17:05:00

Bitcoin saw a $10,000 swing last week, hitting $84,000 before dropping to $74,000 and rebounding to $81,000, showcasing resilience and potentially maturing beyond speculation. Senate confirmed Paul Atkins as the new SEC Chairman, praised for expertise and forward-looking financial regulation. Atkins’ appointment welcomed by the digital asset industry for his knowledge and pragmatic stance on crypto. Florida’s Bitcoin Reserve bill passed unanimously, aiming to allow the state to hold Bitcoin directly instead of relying on third-party providers. Bitcoin’s hashrate hit an all-time high, signaling miner expansion amid stable prices and increasing global interest. Key questions arise about hashrate growth and price movements in the second quarter.

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