Lookonchain APP

App Store
Feeds Articles

QCP: Bitcoin and Gold are Emerging as Key Beneficiaries of Dollar Flight to Safety Assets

2025.04.22 17:08:23

On April 22nd, QCP released today's market observation which stated, "Gold has been maintaining a strong upward trend and broke through the $3,500 per ounce level during overnight trading. This trend highlights a general tendency of the market to withdraw from US stocks, bonds, and the dollar. This is mainly due to increased concerns about the independence of the Federal Reserve. With Trump continuously calling for interest rate cuts and speculation about his possible exploration of legal channels to remove Fed Chairman Powell, market anxiety has further intensified. Both digital assets and physical gold are showing an upward trend. The price of Bitcoin rose to its highest level since early April, driven by strong spot demand during the US trading session. Spot trading volume exceeded perpetual contracts. The premium on the Binance US trading platform reached a multi-month high. Bitcoin spot ETF net inflows reached $381.3 million, indicating a renewed interest from institutional investors. Bitcoin's performance during overnight trading further supports its decoupling narrative from the traditional market. As funds shift towards safe-haven and inflation-hedging assets, Bitcoin and gold are becoming the main beneficiaries of capital exiting dollar-denominated risk assets. The Bitcoin options market currently shows a continued bullish bias across all maturities. Meanwhile, stress is starting to emerge in the US credit market. According to Bloomberg, investment-grade credit default insurance costs rose to a one-week high, highlighting investor unease. With the standoff between Trump and the Federal Reserve potentially escalating, the market may need to prepare for further volatility. Currently, both gold and Bitcoin are showing resilience and standing out brightly in a market seeking safety assets."
Add to Favorites Download image Share x Copy link
Relevant content

Token issuance and governance platform Umia has completed a $6.11 million financing round via a token auction.

Token issuance and governance platform Umia completes a $6.11 million funding round. Umia co-founder and CEO Francesco Mosterts stated that the seven-day auction valued the project at a fully diluted valuation (FDV) of $18 million, with 17.3 million tokens sold, accounting for 34.6% of the total supply. All tokens sold in the auction are liquid at issuance, with no lock-up periods. According to CoinGecko data, UMIA is currently trading at around $0.68, translating to a fully diluted valuation of roughly $34 million. Mosterts added that approximately 45% of the funding came from institutional investors. The ten participating funds include Galaxy Ventures, Digital Currency Group, Draper Associates, RenGen, Alpha EV, Maven 11, and Eon Capital. Nearly 700 individual bidders also took part in the auction. Umia noted that the funds participated on the same terms as other bidders, with no discounts granted. Mosterts emphasized that no investors received board seats, observer roles, or advisory positions.

5 hours ago

Trump: The reason for surging oil prices is no longer the Strait of Hormuz — the problem lies with refineries.

U.S. President Trump posted on social media that the reason for surging gasoline prices is no longer the Strait of Hormuz, as record levels of oil production are being achieved almost every day now. Instead, he cited the issue of "refineries": Russia’s refineries are being bombed by Ukraine, while U.S. refineries located in blue states such as California are being shut down by "Dumocrats".

5 hours ago

Bitcoin briefly fell below $85,000.

According to HTX market data, Bitcoin briefly dipped below $85,000 and is currently trading at $85,126.

5 hours ago

The yield on the 30-year U.S. Treasury note rose to 5.69%, marking a new high since 2002.

According to market data, the yield on the US 30-year Treasury bond has risen to 5.69%, hitting a new high since 2002.

5 hours ago

US CFTC Proposes First Formal Cryptocurrency Market Rules

According to The Wall Street Journal, the U.S. Commodity Futures Trading Commission (CFTC) has proposed its first formal cryptocurrency market rules, introducing new CTX and CAM regulations to abandon its "enforcement-only" regulatory approach.

5 hours ago

A user downloaded a fake crypto wallet from Huawei’s official app store, leading to the theft of 170,000 USDT.

Douyin user Mr. Li Yi posted a video on the social media platform, claiming that on June 10 this year, he downloaded a "fake wallet" from Huawei’s official app store, leading to exposure of his mnemonic phrase and theft of 177,473 USDT. According to his account, the hacker converted the permissions of his wallet address to a multi-signature address, then carried out a second fraud by claiming he could "pay to unlock" the funds. After the victim transferred the money, all USDT in the address was siphoned off by the hacker. Since his video exposed the app’s violations, the app’s downloads on the official store plummeted. The hacker repeatedly organized online trolls to report his video, forcing it to be taken down, and privately attempted to negotiate a "conditional video deletion" agreement. The victim said that after a private investigation, he learned the fraudulent app had set up 5 servers in Hong Kong, paid to be listed on Huawei’s official app store and boosted its ranking, leading many victims to download it as the top search result. Due to relevant bans in mainland China, legitimate wallet apps cannot be properly listed on app stores, so any app that "cannot be officially listed but is indeed present in the store" is likely a counterfeit fraudulent app.

5 hours ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano