Investments in Bitcoin exchange-traded funds (ETFs) have surged back to rates not observed since January, indicating a revitalization in investor sentiment following worries regarding global trade tariff intensifications.<\/p>\n
US spot Bitcoin (BTC<\/a>) ETFs attracted over $912 million in total net inflows on April 22, representing their highest daily capital influx in over three months since January 21, according to data from Farside Investors<\/a>.<\/p>\n \u201cBitcoin ETPs just experienced the largest daily inflow since January 21, illustrating a significant turnaround in sentiment,\u201d stated<\/a> James Butterfill, CoinShares’ head of research.<\/p>\n Related: <\/strong><\/em>Analyst claims Bitcoin still on course for $1.8M by 2035<\/strong><\/em><\/a><\/p>\n Investor morale seemed to improve following US President Donald Trump’s assertion<\/a> that import duties on<\/a> Chinese merchandise will \u201cdecrease significantly,\u201d indicating a more conciliatory approach in discussions.<\/p>\n The reduction in tensions along with rising ETF investments propelled Bitcoin’s value above $93,000<\/a> for the first occasion in seven weeks, as reported by Cointelegraph on April 23.<\/p>\n The increasing institutional investment and the presence of ETFs could also speed up the historic four-year cycle<\/a> and push BTC to new peaks before the conclusion of 2025, experts indicated to Cointelegraph.<\/p>\n The diminishing strength of the US dollar<\/a> may further drive the growing appetite for Bitcoin among investors.<\/p>\n The US Dollar Index (DXY), which assesses the dollar’s status against a collection of prominent fiat currencies, has dropped nearly 9% since the onset of 2025, reaching an over three-year low of 98.8 last recorded in April 2022, as shown by TradingView<\/a>.<\/p>\n \u201cMacro elements such as a faltering dollar and increasing correlation with gold,\u201d could bolster Bitcoin\u2019s role as a safeguard against economic fluctuations, according to Ryan Lee, chief analyst at Bitget Research, who spoke to Cointelegraph.<\/p>\n Related: <\/strong><\/em>Crypto and stocks enter a \u2018new phase of trade conflict\u2019 as US-China tensions escalate<\/strong><\/em><\/a><\/p>\n Cryptocurrency and conventional stock markets are \u201cbalancing precariously between political turmoil and economic facts,\u201d with Bitcoin experiencing a notable resurgence driven by \u201cstrong ETF inflows, institutional purchases, and a weakening US dollar,\u201d according to Iliya Kalchev, an analyst at Nexo:<\/p>\n \u201cBitcoin\u2019s resilience in the face of dollar decline, record gold prices, and renewed institutional purchases indicates a market reassessing what safety entails.\u201d<\/p><\/blockquote>\n \u201cThe dialogue has evidently evolved. Bitcoin no longer operates in the shadows of technology\u2014it is becoming a lens through which macroeconomic uncertainty is evaluated,\u201d he elaborated.<\/p>\n Nansen CEO Alex Svanevik also commended Bitcoin\u2019s strength, remarking that the asset is transitioning from \u201cless Nasdaq<\/a> to more like gold\u201d in recent weeks, increasingly functioning as a refuge asset during economic distress, yet worries regarding a recession might restrict its upward price movement.<\/p>\n On April 21, BitMEX co-founder Arthur Hayes estimated that this might be the \u201cfinal opportunity\u201d to acquire Bitcoin below $100,000<\/a>, suggesting that the impending US Treasury buybacks could be the next major impetus for Bitcoin’s price.<\/p>\nWeakness in the US dollar could enhance Bitcoin\u2019s appeal as a safe haven<\/h2>\n
Bitcoin is no longer influenced by technology\u2019s shadow<\/h2>\n