From Yahoo Finance: 2025-04-27 10:41:00

Over the weekend, crypto markets rallied with Bitcoin leading the charge, rising 3.70% before settling around $86,900. This surge coincides with the U.S. Dollar Index hitting a fresh low of 97.92 due to ongoing trade tensions with China. As Bitcoin shows strength, investors are turning to crypto as a hedge against market uncertainty.

Key technical levels to watch include the $88,000 region, which may signal short-term exhaustion. BlackRock predicts 2025 as the year of alternative assets, highlighting a growing interest in non-traditional investments. Bitcoin’s lower timeframes remain bullish, with a crucial swing low at $83,900, indicating a potential for a deeper correction if that level is broken.

Bitcoin’s recent strength is part of a larger trend of capital rotation out of the dollar and into alternative assets. Other major currencies like the Euro and British Pound have also seen significant upside as the dollar weakens. This reinforces the narrative that investors are seeking alternatives to traditional markets amidst ongoing macroeconomic uncertainty.



Read more at Yahoo Finance: Bitcoin Extends Its Lead Over Traditional Markets As The U.S. Dollar Tumbles, Highlighting Strength In Crypto Amid Shifting Global Macro Trends