#BTCRebound BTC-Gold Correlation Rebounds Sharply After February Collapse
Bitcoin’s correlation with gold has staged a sharp recovery following its dramatic collapse in February. As of April 25, the 30-day Pearson correlation between BTC and gold stands at 0.54, closing in on its yearly high of 0.73.
In February, Bitcoin experienced a sudden "decoupling" from gold as its price fell 17% to $84,000, while gold edged up nearly 2% to $2,850 per ounce. This divergence saw the correlation plunge from 0.73 to -0.67 within just three weeks.
However, renewed macroeconomic uncertainty — fueled by U.S. tariffs and political developments — has reignited Bitcoin’s reputation as "digital gold." Both assets rallied strongly in response: Bitcoin surged over 10%, gold climbed more than 5%, while the U.S. Dollar index fell by roughly 4%.
Historically, such sharp decouplings have been short-lived. Since 2020, Bitcoin’s correlation with gold has snapped back within days after falling below -0.50. This latest rebound appears to follow the same historical pattern, suggesting further strength in the BTC-gold relationship in the near term.
U.S. President Donald Trump is once again under the spotlight, this time for his tax strategies as he repositions himself in the financial world with major investments in cryptocurrency and digital assets.
Recent reports reveal that Trump paid minimal federal income taxes during several years of his presidency, leveraging a combination of business losses, real estate write-offs, and aggressive deductions to significantly lower his tax bills. In some years, Trump paid as little as $750 in federal income tax, according to documents made public after long-standing legal battles.
Critics argue that Trump's approach, while legally exploiting loopholes, highlights broader flaws in the U.S. tax system that favor wealthy individuals and business owners. Trump has defended his tax records, claiming that taking advantage of tax laws shows "smart" business practices.
The renewed focus on Trump’s taxes comes at a time when he is making significant moves in the digital finance space. His $TRUMP meme coin, launched earlier this year, has already attracted billions in market value, while his media company, Trump Media & Technology Group, announced plans to introduce cryptocurrency-focused exchange-traded funds (ETFs).
With Trump pushing for a Strategic Bitcoin Reserve and new federal policies around digital assets, questions are being raised about how future crypto gains and blockchain-based financial products will be taxed — and whether Trump's own initiatives could personally benefit from the evolving regulations he champions.
As Trump continues to brand himself the "crypto president," both his financial transparency and his influence over the growing digital asset economy are likely to remain major topics of debate.
Trump crypto soars as president offers dinner to top holders
The price of Donald Trump's cryptocurrency, $TRUMP, soared over 70% after he promised exclusive events for top investors, according to trading platform Coinbase. However, the coin still trades below its January peak of $74 (£42.40).
The $TRUMP meme coin’s website revealed that its 220 largest holders will be invited to a private gala dinner with Trump on May 22, described as the "most EXCLUSIVE INVITATION in the world." Additionally, the top 25 holders will attend an ultra-private VIP reception at Trump National Golf Club in Washington, D.C.
Launched days before Trump’s inauguration, the tokens now have a market value around $2.5 billion. Critics within the crypto industry have dismissed the move as "a stunt."
Trump, who has branded himself the "crypto president," has embraced digital assets since returning to the White House. He recently signed executive orders to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile, stocked with coins seized by the federal government.
Meanwhile, Trump Media & Technology Group, owner of Truth Social, announced plans to launch exchange-traded funds (ETFs) focusing on digital assets and "Made in America" stocks.
Meme coins like $TRUMP are often used by speculators or fans to support celebrities or internet culture moments.