Bitcoin spent the week at the US$94,000 price level although concerns about global economic issues produced no significant movement.
Bitcoin experienced a short-term drop when the U.S. economy recorded its first quarter decline since 2022 amounting to 0.3%.
The Bitcoin market rebounded fast to surpass traditional investment assets including gold and tech stocks through a 12% increase in April.
The market sentiment rose because U.S. President Donald Trump shared positive signs about a possible India trade deal that investors believed would reduce trade tariffs.
Tremendous unknown factors persist because multiple trade restrictions coupled with declining economic measures suggest economic slowdowns will happen. Bitcoin attracts fresh interest from investors who consider it a potential secure haven because of present market conditions.
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The description “digital gold” applies to Bitcoin because investors view it as a shield when economic instability arises.
Bitcoin has achieved a positive return of US$95,000 for this year. Bitcoin demonstrates a stronger relationship with gold by reflecting a 0.70 correlation than its current link of 0.53 with the Nasdaq 100 as CoinDesk reveals in a recent report.
It achieved its most notable weekly performance increase since late 2024 while Trump’s trade policy against China continued to affect the market.
Bitcoin’s status of legitimacy grows stronger because governments maintain 463,741 BTC in their reserves which represent 2.3 percent of the total Bitcoin supply.
United States is the country with the largest Bitcoin holdings at 198,012 BTC whereas China possess 194,000 BTC. The company maintains its Bitcoin holdings through various asset seizures together with strategic acquisitions.
In March of 2025 President Trump created the “Digital Fort Knox” which led to U.S. Bitcoin assets being stored as national reserves.
Other nations, including the United Kingdom, Bhutan, and El Salvador, are also expanding their crypto reserves, signaling rising state-level confidence in the digital asset.
As traditional markets face turbulence, all eyes are on Bitcoin — increasingly seen as both a hedge and a bellwether in an evolving economic landscape.
