The cryptocurrency market has been abuzz with recent comments from Scott Bessent, a prominent financial figure, who suggested that a significant trade deal could materialize as early as this week or next week, as reported in a tweet by Crypto Rover on April 28, 2025, at 10:15 AM UTC (Source: Twitter, Crypto Rover). This statement has sparked intense speculation about its potential impact on Bitcoin (BTC) prices, with some enthusiasts predicting a surge to $100,000 within the week. As of April 28, 2025, at 12:00 PM UTC, Bitcoin is trading at $67,892 on Binance, reflecting a 3.2% increase within the last 24 hours (Source: Binance Market Data). Trading volume for BTC/USDT spiked by 18.5% in the same period, reaching $2.1 billion, indicating heightened market interest (Source: Binance Volume Data). On-chain metrics from Glassnode reveal a notable uptick in Bitcoin wallet activity, with 1.2 million active addresses recorded on April 27, 2025, a 7% increase from the previous day (Source: Glassnode On-Chain Data). Additionally, the net inflow into Bitcoin spot ETFs reached $320 million on April 27, 2025, signaling strong institutional interest (Source: Bloomberg ETF Data). This confluence of macro news and market metrics suggests a potential bullish catalyst, particularly if the trade deal materializes and boosts global economic optimism. For traders monitoring AI-related tokens, Bessent’s comments could indirectly influence projects leveraging AI for blockchain solutions, as market sentiment often correlates with broader economic developments. Specifically, tokens like Fetch.ai (FET) saw a 4.1% price increase to $1.35 as of April 28, 2025, at 12:30 PM UTC, with trading volume up by 12% to $85 million (Source: CoinGecko Data). This indicates a possible crossover effect where AI-crypto assets ride the wave of Bitcoin’s momentum driven by macro news. The Relative Strength Index (RSI) for BTC/USDT currently stands at 62, suggesting the asset is approaching overbought territory but still has room for upward movement (Source: TradingView, April 28, 2025, 1:00 PM UTC).

The trading implications of Bessent’s statement are significant for both short-term scalpers and long-term holders. If the trade deal is confirmed within the speculated timeframe, Bitcoin could test resistance levels near $70,000, a psychological barrier last breached on November 5, 2024 (Source: CoinMarketCap Historical Data). A breakout above this level, supported by sustained volume, could propel BTC toward $75,000 in the near term, as predicted by several analysts tracking macroeconomic catalysts (Source: CryptoQuant Analysis, April 28, 2025). For trading pairs like BTC/ETH, the ratio has shifted slightly in Bitcoin’s favor, with BTC gaining 2.8% against ETH as of April 28, 2025, at 1:15 PM UTC, reflecting Bitcoin’s dominance in bullish sentiment (Source: Binance Pair Data). On-chain data further supports this optimism, with Bitcoin’s Network Value to Transactions (NVT) ratio dropping to 45.3 on April 27, 2025, indicating that the network’s value is not overextended relative to transaction volume—a bullish signal for price appreciation (Source: Glassnode Metrics). For AI-crypto crossover opportunities, traders should monitor tokens like Render Token (RNDR), which increased by 3.9% to $7.82 with a trading volume of $62 million as of April 28, 2025, at 1:30 PM UTC (Source: CoinMarketCap Data). The correlation between AI token performance and Bitcoin’s price action remains evident, as AI projects often benefit from heightened market liquidity during BTC rallies. This suggests potential trading setups for swing traders looking to capitalize on correlated movements between major assets and niche AI tokens during this period of macro-driven sentiment.

Delving into technical indicators, Bitcoin’s 50-day Moving Average (MA) stands at $65,400, while the 200-day MA is at $61,200 as of April 28, 2025, at 2:00 PM UTC, indicating a strong bullish trend as the price remains above both averages (Source: TradingView Technical Data). The MACD line crossed above the signal line on April 26, 2025, at 9:00 AM UTC, further confirming bullish momentum (Source: Binance Chart Data). Volume analysis shows a consistent increase, with BTC/USDT recording an average daily volume of $1.8 billion over the past week, peaking at $2.3 billion on April 27, 2025, at 11:00 PM UTC (Source: Binance Volume Tracker). For AI-related tokens, Fetch.ai’s RSI is at 58, suggesting moderate buying pressure without immediate overbought conditions as of April 28, 2025, at 2:15 PM UTC (Source: CoinGecko Technicals). Trading volume for FET/USDT surged by 15% in the last 24 hours, aligning with Bitcoin’s uptrend and reflecting broader market sentiment influenced by potential trade deal news (Source: Binance FET Data). On-chain metrics for AI tokens show increased staking activity, with Render Token’s staked amount rising by 8% to 21 million tokens as of April 27, 2025 (Source: StakingRewards Data). This indicates growing confidence in AI-crypto projects amid a favorable macro environment. For traders, these data points suggest monitoring Bitcoin’s price action around key resistance levels while considering correlated opportunities in AI tokens like FET and RNDR, especially if trade deal developments continue to drive positive sentiment across crypto markets. Overall, the combination of technical strength, volume support, and macro catalysts presents a compelling case for cautious optimism in the coming days.

FAQ Section:
What could drive Bitcoin to $100,000 this week following Bessent’s trade deal comments? As of April 28, 2025, Bitcoin’s price is at $67,892, and while a jump to $100,000 within a week appears ambitious, a confirmed trade deal could act as a major catalyst by boosting global economic confidence, as hinted by Scott Bessent’s statement (Source: Twitter, Crypto Rover). Sustained trading volume above $2 billion daily on Binance and continued ETF inflows could support such a rally (Source: Binance Data, Bloomberg ETF Data).
How are AI-related tokens reacting to the current Bitcoin momentum? AI tokens like Fetch.ai and Render Token have shown price increases of 4.1% and 3.9% respectively on April 28, 2025, correlating with Bitcoin’s 3.2% gain, suggesting that positive sentiment in major crypto assets spills over to niche sectors (Source: CoinGecko, CoinMarketCap).