“The bitcoin jump above $ 87,000 against the background of new gold records and the continuation of subsidence in shares indicates the potential for increasing institutional capital revenues in the first cryptocurrency. This is stated in the QCP Capital review. Asia Color – 21 APR 25 1/ Bitcoin Staged An Easter Resurrection of It Own, Surging Past $ 87k Dringing Early Asia Hours and Clawing Back Much of The […]”, – WRITE: Businessua.com.ua
Bitcoin’s jump above $ 87,000 on the background of new gold records and continuation of subsidence in shares indicates the potential for increasing institutional capital revenues in the first cryptocurrency. This is stated in the QCP Capital review.
Asia Color – 21 APR 25
1/ Bitcoin Staged An Easter Resurrection of Its Own, Surging Past $ 87k Dringing Early Asia Hours and Clawing Back Much of the Selloff Trigen By Trump’s Sient. Unlike December’s Quiet Santa Rally, This Move Had Bite – $ BTC…
– QCP (@qcpgroup) April 21, 2025
According to analysts, the bitcoin position is reopened as an “asset” and a hedge from inflation.
On April 21, the course played most of the losses after the “day of release” of US President Donald Trump.
Experts noted the restoration of pure inflow in BTC-ETF and the transition of the option market to a more balanced state. Earlier, within a few weeks, there was a distortion towards the Puta in the near terms of expiration, they explained.
Experts proposed to monitor the stability of the current trend in the next few sessions. Focus – on correlation between bitcoin, gold and stocks.
“We monitor the key level of resistance of $ 88 800. Until it is pierced, we should not draw conclusions,” they summed up.
The dollar is guilty? Matrixport drew attention to the continuation of the trend to the weakening of the US dollar. On April 21, a catalyst for new sales was a reaction to Trump’s threats to shift Jerome Powell from the post of head Fed.
📊 Today’s #Matrixport Daily Chart – April 21 2025 🔽
Trump’s Fed Threat Weakens Dollar, Renews Bitcoin’s Appeal As a Hedge
#MatrixPort #btc #crypto #Market #trading $ BTC #Markettrends #Trump #trump #SUSD #Donaldtrump #fed #dollar #us pic.twitter.com/zr2eyojkws
– Matrixport Official (@Matrixport_en) April 21, 2025
Experts recalled the reverse correlation between USD and digital gold, which in the light of recent trends can enhance the position of the first cryptocurrency.
Recall that by June, the market will reach the local bottom, and the further vector will set the results of the US negotiations and the main trading partners regarding tariffs, according to Nansen.
Earlier, Coinbase was advised to adhere to the prospects of Bitcoin in the second half of 2025.
Bitwise named Bitcoin growth drivers in the second quarter
The gun
Please wait …