Date: 2025-04-04
Bitcoin (BTC) price could head back toward the $100,000 level quicker than investors expected if the early signs of its decoupling from the US stock market and gold continue.Source: Cory Bates / X The “gold leads, Bitcoin follows” relationship is startingBitcoin has shrugged off the market jitters caused by US President Donald Trump’s April 2 global tariff announcement. While BTC initially dropped over 3% to around $82,500, it eventually rebounded by roughly 4.5% to cross $84,700. In contrast, the S&P 500 plunged 10.65% this week, and gold—after hitting a record $3,167 on April 3—has slipped 4.8%.BTC/USD vs. gold and S&P 500 daily performance chart. Source: TradingViewThe fresh divergence is fueling the “gold-leads-Bitcoin narrative,” takin...
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