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Bitcoin For the first time since March, the level of $ 90,000 was returned for the first time when investors jumped into the crystorm on the background of turbulence in the stock market.
According to Metrics, its highest level from March 7 on Monday it increased by another 3% by $ 90 282.00. Bitcoin has been released since April, now about 21%.
Bitcoin increases by approximately 20% of April
A big step this week is coincided with yet with Another sale in US stocks On Monday, when Trump strengthened the pressure on the chairman of the Federal Reserve Jerome Powell, Requiring immediately to reduce the bets As long as the Trump administration is studying whether Powell can be fired legally before the deadline in May 2026.
We have ETFs that track the price to Bitcoin, Monday entered $ 381.4 million. It was their The biggest daily tributary On January 30, when they posted $ 588.2 million and their fourth tributary day for the last five trading classes.
The cryptocurrency was very vulnerable to the tariff volatility earlier this month, but last week was disconnected from risk assets. Now in April it increased by more than 9%, as well as 9% GOLD income during this time. To date, the S&P 500 lost 6% month. The US dollar index fell by 5%.
“Bitcoin continues to show signs of stability,” said Ed Engel, an analyst at Compass Point, in a note on Tuesday. “Bitcoin correlation with stocks is historically approaching 1.0 during macro dolls; however, its 30-day correlation with S&P is only 0.65”.
“While we are constructive at a recent Bitcoin junction, the recent force comes along with light trading volumes,” he added. “This reduces our belief that Bitcoin can break above the level of resistance in the amount of $ 93,000 without significant catalyst as Fed by weakening or tariff transactions. This, as they say, long -term Bitcoin owners remain unwavering, and buying strategies as the liquidity of the bitcoin can support … and secure the bottleness of income. “
According to the Katie Stokon Diagram Analytics With Fairlead Strategies, $ 88,000 notes key resistance for cryptocurrency. If it is successfully cleaned, it will be a positive closest development for Bitcoin, exerting the next resistance about $ 95,900, Stockton said.
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