$BTC Bitcoin is digital equivalent of gold, showing signs of decoupling from Nasdaq: Jefferies' Chris Wood

As bond yields rise and geopolitical tensions intensify, Bitcoin is showing signs of evolving into a digital safe-haven like gold. Jefferies' Chris Wood notes Bitcoin’s recent divergence from Nasdaq as a key milestone in its store-of-value credibility.

Dollar drifts higher at end of volatile week of Trump backflips

The dollar experienced a volatile week, initially dropping due to President Trump's criticism of the Federal Reserve, then surging on hopes of trade de-escalation with China. However, uncertainty persists as Beijing denies ongoing trade talks. The dollar rose against the yen and Swiss franc, while the euro and sterling weakened.