The leading cryptocurrency Bitcoin (BTC) has gained momentum on Wednesday with updated US-China trade negotiations after President Donald Trump said yesterday that a significant trade deal with a great and highly respected country will be announced on May 8th.
At this point, Bitcoin and altcoin investors are hoping Trump will announce that its UK-BTC trade agreement exceeds $100,000 and could break new records after this announcement.
As bullish expectations for Bitcoin continue, Bitcoin Bull Cathywood’s Ark Invest has published a Bitcoin report.
In its Bitcoin report in April 2025, Ark Invest said that Bitcoin surpassed the S&P 500 in April, remaining in a healthy bullish stage.
The report says BTC has risen by nearly 14%, surpassing the S&P 500 despite mixed signals from inflation, sentiment and tariffs.
Looking at the decline in Bitcoin, Ark Invest said its revision rate remains below 30%, keeping Bitcoin in a technically bullish market.
Noting that long-term investors are at their highest level of unrealized loss since 2018 and have around 3.5 million BTC, ARK Invest said this is a potentially sold market and will continue to rise.
Ark Invest concluded by saying the market is showing no signs of irrational vibrancy and is in a healthy integration stage and maintaining a bullish outlook for Bitcoin and cryptocurrency markets.
*This is not investment advice.
