Cryptocurrency # 1 in the world again attracted attention - Bitcoin reached a six -week maximum at $ 88,900, demonstrating rapid growth against the backdrop of the weakening of the US dollar and instability of stock markets. According to Coingcko, this is the highest course from March 7 and 18% higher than this year's minimum of $ 75,000, recorded in the first half of April.
This time, Bitcoin rally is not a single case - from April 7, more than $ 350 billion has been received for cryptors, and the lion's share of these funds was invested in BTC. Cryptopotato analysts note that this indicates a restoration of interest in the assets of "quiet harbor", against the background of growth of global economic tension.
Bitcoin not only demonstrates the rise in price - its share in the overall capitalization of cryptocurrency has increased to 64.6%, according to Tradingview as of April 22. This is the highest level of dominance since February 2021, which emphasizes its stable appeal compared to altcoins, which grow slower or at all show the lateral movement.
Analysts also pay attention to a new trend: Bitcoin is increasingly correlated with gold, another traditional protective asset. This week, gold has reached a historic maximum - almost $ 3,500 for an ounce, reinforcing the trend of investors' escape from risky tools to stable ones.
"When a storm is in the markets, investors are looking for asylum. And now shelter is bitcoin and gold," says the cryptoanalyst Josh Young.
Analysts predict the further volatility of the market, but with cautious optimism evaluate the prospects of BTC. The focus remains a $ 90,000 situation, which can be a signal for a new increase in a psychological level of $ 100,000.
