This week, Bitcoin surged to a new all-time high of $111,900. Even more strikingly, the total market capitalization of all altcoins climbed to $1.29 trillion—the highest level since February.

In contrast, U.S. equities showed signs of weakness. The Dow Jones Industrial Average retreated more than 3% from its monthly peak, with top-tier blue-chip stocks broadly declining and seeing significant market cap erosion. The U.S. dollar also faltered, with the Dollar Index dropping to around 99.10, marking a confirmed technical correction.

Why has Bitcoin managed to rally against this backdrop? One key driver is a rise in demand for safe-haven assets. A recent white paper from BlackRock highlights that, amid surging U.S. government debt, Bitcoin is increasingly being viewed as a form of “digital gold”—a hedge against fiscal instability.#Bitcoin2025 #BinanceAlphaAlert #BinanceHODLerHAEDAL #ETHMarketWatch #