Bitcoin (BTC) is taking a position even when the broader stock market continues to slide towards its minimums related to the Easter Monday.
The upper cryptocurrency has increased 2.3% in the last 24 hours and is now quoted for $ 86,800 for the first time since April 3, the day after the Trump administration announced its new tariff policy. Mainly driven by Bitcoin, the largest market caliber index COINDESK 20 has increased 1.17% in the same period of time, and most tokens do not change relatively.
Existence linked to cryptographic have also remained stable, with Coinbase (Coin) and the strategy (MSTR) decreasing 1.2% and 1.3% respectively, and the main Bitcoin miners such as Mara Holdings (Mara), riot platforms (Riot) and Core Scientific (Corz) fall between 2% and 3%.
The cryptographic market resilience is remarkable considering that the S&P 500, Nasdaq and Dow Jones have dropped by 3.35%, 3.5% and 3.27% respectively, which returns to the minimums related to the rate of two weeks ago.
Meanwhile, gold increases 2.9% and is now quoted by $ 3,400, while the DXY (an index that measures the force of the dollar against a basket of other currencies) reached its lowest level in three years.
“Was it today’s tandem rally in Bitcoin and Gold simply a noise driven by holidays, or a significant change towards Bitcoin as a safe insurance asset? The latter would mark a material change in how traditional finances Ve Bitcoin,” wrote the analysts of the Crypto QCP Capital trade firm.
“With Europe still on vacation, market confirmation can take some more sessions. The correlation between Bitcoin, gold and shares is one to observe closely.”
Meanwhile, Lawrence McDonald, former head of the US Macro Strategy. In French Investment Bank Société Générale, he said it can be time to sell gold in favor of Bitcoin.
“Bitcoin has never delayed this with a VIX about 30,” he published in X, calling Bitcoin’s resistance a game change. “This is a strong sign of a mature bitcoin market (good news) and the colossal fiduciary stress of La Moneda, USD.”
The weakness of the shares and the US dollar, put into perspective with the strength of Bitcoin and Gold, may be due to investors’ concerns that Trump could seek the president of the Federal Reserve, Jerome Powell.
Earlier on Monday, the president of the United States, Donald Trump, continued to press Powell, whom he called a “great loser” in a social position of truth, sending a stock market that is already unstable is even lower.
Trump demanded that Powell and his team go down the interest rates “now”, arguing that there are currently “practically no inflation” and that the costs for many things are decreasing. However, Trump said there is a threat that the economy decreases speed unless the Fed reduces rates.
The Powell term, which began when it was appointed by Trump himself during his first four years in the Oval office, will end in May 2026, but Trump has been trying to find a legal way to fire Powell beforehand.
The president of the FED has previously argued that there is no possible way that the president of the United States withdraw it under the law.
