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The rise of alternative safe-haven assets
Unlike the stock markets, the crypto ecosystem showed remarkable performance. The total market capitalization of digital assets increased by 60 billion dollars, reaching 2.73 trillion dollars according to TradingView data from April 22.
Bitcoin, in particular, broke its recent trend that had seen it fall to 75,000 $. The world's first cryptocurrency rose by 1.16 % in 24 hours to reach 88,524 $
This performance is accompanied by renewed institutional interest with U.S. BTC ETFs recording their best day since January with 381.3 million dollars in trades.
Gold, the traditional safe haven asset, also shone by successively surpassing historical thresholds of 3,400 $ and then 3,500 $, confirming the growing appeal of investors towards alternative assets amid the turmoil of traditional markets.
This day, April 21, marks a true turning point for the crypto ecosystem: in the face of economic shocks, bitcoin establishes itself as a safe haven. The massive accumulation by "whales" reinforces this bullish dynamic, with more than 60 new addresses holding 1,000 BTC or more. A strong signal in an increasingly uncertain global climate.