#BTCRebound Bitcoin Hovers Near $84K as Stocks Rebound and Bond Market Turmoil Fuels Bullish Sentiment
April 21, 2025 — Markets Desk
Bitcoin continued its upward march on Monday, hovering near the $84,000 mark amid renewed investor confidence and broader financial market dynamics fueling risk-on sentiment.
The flagship cryptocurrency has seen steady gains over the past week, buoyed by a rebound in global equities and mounting turmoil in the bond market. As traditional investors seek alternative stores of value, Bitcoin’s reputation as “digital gold” appears to be regaining traction.
Stocks Rebound, Driving Risk Appetite
Major U.S. indices opened the week in the green, with the S&P 500 and Nasdaq both posting solid gains. The recovery comes on the heels of a volatile April driven by concerns over interest rate policy and mixed corporate earnings.
“Bitcoin’s performance is increasingly moving in sync with tech and growth stocks,” said Dana Mitchell, a digital assets strategist at Horizon Markets. “As equities rally, we’re seeing renewed demand for crypto assets, particularly Bitcoin.”
Bond Market Signals Stress
Meanwhile, bond markets continue to show signs of stress, with the 10-year U.S. Treasury yield climbing above 4.8% — its highest since late 2023. The steep rise in yields reflects investor anxiety over inflation persistence and the possibility of fewer rate cuts in 2025.
This has led to a rotation into assets perceived as hedges against monetary instability, including Bitcoin. Analysts note that institutional interest remains high, particularly from funds and asset managers seeking diversified exposure amid bond volatility.
ETF Inflows and Institutional Demand
Spot Bitcoin ETFs, launched earlier this year, have also seen a surge in inflows, signaling strong institutional demand. According to data from CryptoFlow Analytics, total assets under management across Bitcoin ETFs surpassed $40 billion this week, a new milestone for the crypto market.
“The ETF structure has made it easier for traditional investors to gain exposure to Bitcoin,” said Michael Tran, portfolio manager at Nova Digital. “That’s playing a major role in sustaining momentum at these levels.”
Outlook: Eyes on $90K
With Bitcoin consolidating near all-time highs and market sentiment remaining bullish, some analysts are setting their sights on the next psychological resistance at $90,000.
However, caution remains warranted, with macroeconomic uncertainties and potential regulatory developments capable of impacting momentum.
Still, for now, the market mood remains optimistic — and Bitcoin continues to ride the wave of renewed investor enthusiasm.#BTCRebound $BTC $ETH $BNB
