#BTCvsMarkets
Bitcoin Rallies Above $90,000 to Extend Rebound to More Than 20%
Bitcoin advanced above $90,000 for the first time since early March, fueling optimism that the biggest digital token is finally breaking free of a longstanding tendency to move in the same direction as US tech stocks.
After briefly succumbing to the risk-asset selloff that followed US President Donald Trump’s announcement of sweeping tariffs on geopolitical allies and rivals alike, Bitcoin has rallied almost 23% from an April 7 low. In doing so, it has begun trading more akin to gold, the standout asset in markets roiled by tariff uncertainty.