Why is Bitcoin Price (BTC) Moving Higher Friday Afternoon?

April 11, 2025

Markets

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By Stephen Alpher

Updated Apr 11, 2025, 6:01 p.m. Published Apr 11, 2025, 5:53 p.m.

Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)
  • “We would absolutely be prepared” to address difficult market conditions if needed, said Boston Fed President Susan Collins in an FT interview.
  • Currently, said Collins, markets continue to function well and the central bank is not seeing liquidity concerns.
  • Bitcoin pushed to just shy of $84,000, up 6% over the past 24 hours, while the Nasdaq and S&P 500 extended their Friday advance to nearly 2%.

Stephen is CoinDesk’s managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania’s Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Stephen Alpher


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