#squarecreator Bitcoin price cooled amid worrying macroeconomic data - Will it hold at USD 95K?

$BTC The rise in Bitcoin price depends on liquidity support and a clear decoupling from stocks.

The price of Bitcoin fell along with the decline in Treasury bond yields, indicating a flight of investors towards safer assets.

Purchases of Bitcoin worth USD 4.280 billion and the strength of the stock market have pushed BTC above USD 90,000.

A true breakout to USD 100,000 will require Bitcoin to decouple from stocks and show stronger liquidity signals.

It experienced a sharp correction of USD 2,000 down to USD 93,500 on April 28. This price movement closely followed the decline in U.S. Treasury bond yields, suggesting that traders sought the relative safety of safer assets.

While Bitcoin traders are moderately satisfied with the 6% gains achieved over the last week, uncertainty persists about why BTC has not been able to maintain levels above USD 95,000.

The sharp correction in Bitcoin's price after reaching USD 95,500 reflected the intraday evolution of U.S. Treasury yields. A decrease in yields indicates that investors are willing to accept lower returns for holding bonds, signaling greater demand for safer investments. This pattern suggests a sudden decrease in risk appetite across major financial markets.

China's tariff cuts fueled optimism, but U.S. trade concerns reversed sentiment.

Investor optimism rose over the weekend when Newsweek published on April 25 the news that China had discreetly reduced tariffs on certain U.S. semiconductor and printed circuit imports to zero.