On Tuesday evening, the Bitcoin $BTC currency witnessed a strong surge after U.S. President Donald Trump reassured the markets with a surprising statement: "I have no intention of firing Federal Reserve Chairman Jerome Powell." These words were enough to calm fears of political interference in the Fed's policies, giving the market a strong boost and pushing Bitcoin to surpass the $93,900 barrier before stabilizing at $92,700.
Return of confidence… and institutional eyes on Bitcoin
Trump's remarks did not stop at the Fed; he also softened his tone towards China, announcing that tariffs "will be significantly reduced," which increased investors' risk appetite. The result? Massive financial flows towards digital assets, led by Bitcoin.
In the same context, Bitcoin ETF funds recorded net investment flows of nearly $720 million in just two days, a clear indication of the return of major investors with greater confidence towards the world’s largest digital currency.
Bitcoin decouples from Nasdaq… and rises as an independent asset
What is striking is that Bitcoin has started to gradually decouple from the performance of technology stocks, enhancing its image as an independent asset that is more influenced by global economic policies than by stock markets.