Gold’s 2025 Rally (12 ATHs) Draws Comparisons to Bitcoin Price Action
- Bitcoin shows signs of decoupling from tech stocks amid equity market volatility.
- Analysts see similarities between Bitcoin and gold’s breakout price patterns.
- BTC holds support at $83K despite Fed signals and macroeconomic pressures.
Bitcoin appears to be carving its own path lately, moving independently from U.S. stocks. We saw that this week, as Bitcoin held firm and gained value during U.S. trading hours, while the broader stock market fell overall.
This leads analysts to compare Bitcoin to gold, an asset hitting multiple record highs already in 2025. Market watchers now track closely if Bitcoin will follow gold’s recent path higher, as BTC holds near key support levels.
How Did Bitcoin React Differently This Week?
The divergence was particularly clear April 16th. Bitcoin moved differently than major stock indexes, challenging its tech stock link. While the Nasdaq 100 fell over 3%, BlackRock’s Bitcoin Trust (IBIT) gained 0.46% during US market hours.
That same day, ‘Magnificent Seven’ tech stocks finished lower. Yet MicroStrategy (MSTR), tied heavily to Bitcoin, gained 0.30%. During Fed Chair Powell’s speech, Bitcoin and Nasdaq dipped ini…
The post Gold’s 2025 Rally (12 ATHs) Draws Comparisons to Bitcoin Price Action appeared first on Coin Edition.
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Gold’s 2025 Rally (12 ATHs) Draws Comparisons to Bitcoin Price Action
- Bitcoin shows signs of decoupling from tech stocks amid equity market volatility.
- Analysts see similarities between Bitcoin and gold’s breakout price patterns.
- BTC holds support at $83K despite Fed signals and macroeconomic pressures.
Bitcoin appears to be carving its own path lately, moving independently from U.S. stocks. We saw that this week, as Bitcoin held firm and gained value during U.S. trading hours, while the broader stock market fell overall.
This leads analysts to compare Bitcoin to gold, an asset hitting multiple record highs already in 2025. Market watchers now track closely if Bitcoin will follow gold’s recent path higher, as BTC holds near key support levels.
How Did Bitcoin React Differently This Week?
The divergence was particularly clear April 16th. Bitcoin moved differently than major stock indexes, challenging its tech stock link. While the Nasdaq 100 fell over 3%, BlackRock’s Bitcoin Trust (IBIT) gained 0.46% during US market hours.
That same day, ‘Magnificent Seven’ tech stocks finished lower. Yet MicroStrategy (MSTR), tied heavily to Bitcoin, gained 0.30%. During Fed Chair Powell’s speech, Bitcoin and Nasdaq dipped ini…
The post Gold’s 2025 Rally (12 ATHs) Draws Comparisons to Bitcoin Price Action appeared first on Coin Edition.
Read More
Donald Trump Pushes Rate Cuts as Crypto Market Holds Steady at $2.79T