Date: 2025-04-21
Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated. BTC/USD 1-day chart. Source: Cointelegraph/TradingViewTrade war reactions fuel BTC price gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD matching month-to-date highs above $88,000.Bitcoin continued higher after the weekly close to catch up with gold as the latter set fresh all-time highs of $3,430 per ounce.XAU/USD 1-hour chart. Source: Cointelegraph/TradingViewBy contrast, stock markets came under renewed selling pressure, with the S&P 500 and Nasdaq Composite Index both down over 2% at the time of writing.Newfound BTC price strength thus appeared to end lockstep trading with equities as part...
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