Bitcoin (BTC) rose to around $27,700 on April 23, up about 2.5% from the previous day's low, but still down 10% over the week, potentially setting a new bottom at $26,600. Analysts Mark Cullen and Crypto Tony both targeted the $26,500-27,000 range as possible support levels, with bids sitting at $26.5k. While there were increased spot market selling on largest exchange Binance, short-term bearish moves may not change the overall bullish trend for 2023, according to market participants like Michaël van de Poppe, founder and CEO of trading firm Eight. Popular trader CryptoBullet sounded more nervous, but acknowledged that a bearish weekly candle would not necessarily spell the end for the bull run.

Crypto analyst and trader Michaël van de Poppe has warned his followers of Bitcoin's weakness at current levels and potential further retracement. He highlighted the final crucial level at $27,600 and suggested that if BTC does not recover fast and break the $28,800 level, it could drop to $26,200. At the time of writing, BTC is trading at $27,949 and has recorded a 2% price gain in the past 24 hours, but is still down about 9% in the last seven days. Van de Poppe also noted that BTC's drop is occurring despite less volatility for traditional financial indicators such as Nasdaq and the S&P 500.

The cryptocurrency market lost over $100 billion in the past week, with Bitcoin (BTC) unable to reclaim the $28,000 level. BTC lost around 9% over the week but still outperformed the rest of the market, with its dominance metric standing at 44%, up 4% over the past seven days. Radix (XRD) gained 13% in the past day and is up 30.9% over the past week, making it the best performer during this period. Ethereum continues to trade below $1,900, while XRP lost the pivotal $0.5 level. It remains to be seen whether the market sentiment will shift or if there's more pressure ahead.

April 23 (Cointime) - According to data from Deribit, Bitcoin options contracts valued at approximately $2.85 billion are set to expire on April 28.

Robert Kiyosaki, the author of "Rich Dad Poor Dad," shared on Twitter why he loves bitcoin and expects the price of BTC to reach $100,000. He bought 60 bitcoins at $6,000 per coin and has recommended bitcoin alongside gold and silver for quite some time. Kiyosaki believes that bitcoin is "people's money" and does not need the Fed or government bailout.

Ether (ETH) dropped to as low as $1,833 Friday afternoon, its lowest price since April 9, CoinDesk data shows.

When Bitcoin prices fell from $31,000 to below $29,000, the total value of BTC held by China fell by over $388 million to around $5,4 billion. 

An ancient Bitcoin address that laid practically dominant for over a decade came back to life on Friday — transferring 279 Bitcoins worth $7.8 million to new wallets.