$BTC As of April 21, 2025, Bitcoin (BTC) is trading at approximately $87,538, marking a 2.85% increase from the previous day.

📈 Market Drivers Behind the Surge

• Weakened U.S. Dollar: President Trump’s recent remarks about potentially removing Federal Reserve Chairman Jerome Powell have unsettled markets, leading to a significant drop in the U.S. dollar. This has prompted investors to seek alternative assets like Bitcoin. 

• Record Gold Prices: Gold has reached an all-time high of $3,384, reflecting increased demand for safe-haven assets amid economic uncertainty. Bitcoin, often dubbed “digital gold,” is benefiting from this trend. 

• Technical Breakout: Bitcoin has broken through key resistance levels, climbing over 16% from its April 9 low of just under $75,000. This positions BTC near its highest price since late March.