#BTCRebound Bitcoin (BTC) has experienced a significant rebound, rising over 3% to approximately **$87,600** on Monday, April 21, 2025. This marks its highest level since early April, effectively reversing the losses incurred following President Trump's tariff announcements earlier this month. citeturn0search3
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### 🔍 Key Drivers Behind the Rebound
- **Weakened U.S. Dollar**:The dollar's decline, spurred by concerns over President Trump's efforts to replace Federal Reserve Chairman Jerome Powell, has led investors to seek alternative assets like Bitcoin citeturn0search3
- **Safe-Haven Demand**:Amid global market volatility, investors are turning to assets perceived as safe havensBitcoin, alongside gold—which recently reached a record high of $3,370 per ounce—has benefited from this shift citeturn0news18
- **Long-Term Holder Accumulation**:Data indicates that long-term Bitcoin holders have resumed accumulating the cryptocurrency after a period of selling, signaling renewed confidence in its long-term value citeturn0search6
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### 📊 Market Outlook
While Bitcoin has shown resilience, some analysts caution that the path to reaching the $100,000 mark may be gradual, influenced by factors such as ETF inflows and broader economic condition. citeturn0search13 Nonetheless, the recent rebound underscores Bitcoin's growing role as a strategic asset amid geopolitical and economic uncertaintie.
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navlistBitcoin Rebounds Amid Market Turmoilturn0news18,turn0news19,turn0news32
