Bitcoin regains 90,000 dollars, as investors see it as an alternative to the dollar diving and turbulent shares

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Bitcoin He regained the level of 90,000 dollars for the first time since March, when investors jumped to encrypt for the second day amid turmoil in the stock market.

Bitcoin price was more than 3 % at 90,282.00 dollars, according to Coin’s standards, its highest level since March 7, another 3 % rose. Bitcoin out of the lowest level in April now by 21 %.

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Bitcoin rises about 20 % of the lowest level in April

The big step coincided with this week so far Another sale in the United States shares On Monday, when Trump formed his campaign to pressure the Federal Reserve Chairman Jerome Powell, Request to reduce rates immediately While the Trump administration explores whether Powell can be expelled legally before the end of his term in May 2026.

The investment funds circulated in the United States, which follows the instant bitcoin price, has recorded $ 381.4 million of flows on Monday. This was The biggest daily flow Since January 30, when they published $ 588.2 million, and the fourth day of flows in the past five trading sessions.

The cryptocurrency was very vulnerable to the fluctuations of stocks fueled by the customs tariff earlier this month, but it was separated from the origins of the risk last week or so. It has now increased more than 9 % in April, along with 9 % gold profit at the time. S & P 500 6 % lose. The US dollar index decreased 5 %.

“Bitcoin continues to show signs of flexibility,” said Ed Inge, an analyst at Compass Point, in a note on Tuesday. “Bitcoin’s association with arrows is historically approaching 1.0 during macro sales; however, its 30 -day association with S&P is only 0.65.”

He added: “While we are based on the last Bitcoin formation, modern power comes alongside light trading volumes.” “This reduces our conviction that Bitcoin can separate from the level of resistance of $ 93,000 without a large incentive such as reducing federal reserves or customs tariff deals. However, bitcoin holders in the long run are still fixed and buying from the strategy picks up with a decrease of Bitcoin students … These factors can support more compatibility in stocks and income income Fixed. “

According to the graph analyst, Katie Stockon For Fairley Strategies, the level of $ 88,000 is the main resistance of the encrypted currency. Stockon said that if he was successful, it would be a positive development in the near term of Bitcoin, which puts his next resistance near 95,900 dollars.

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