Bitcoin’s price spiked to $87,400 on April 21, erasing much of April’s losses amid a weakening US dollar and rising gold prices. The move followed comments about potential changes to Federal Reserve leadership, fueling speculation about Bitcoin’s correlation with traditional safe-haven assets. Analysts noted a divergence from stock futures, with some suggesting Bitcoin is behaving more like gold. Chart technicians highlighted key resistance levels, while traders cautioned about low weekend volumes. The broader market remains wary of trade policy uncertainties, with Bitcoin’s next moves hinging on macroeconomic developments and technical breakouts.
about Bitcoin Surges to $87,400 Amid Dollar Weakness