$BTC
shift towards gold as a safe haven
This move indicates that the cryptocurrency is taking a path in line with gold, which is currently the most prominent asset in the markets amidst uncertainty caused by tariffs. This decoupling from the trajectory of U.S. assets, largely due to the dollar's depreciation, provides some relief to cryptocurrency investors.
Trump's disruptions shake the markets
Concerns in the markets are rising due to Trump's recent attacks on Federal Reserve Chair Jerome Powell, whom he blamed for the delay in interest rate cuts. Analysts believe that Bitcoin's decoupling from U.S. assets could signify a return to the long-term bullish