Gold and Bitcoin Are Finally Marching Together
Over the weekend, both Bitcoin and Gold sent a loud message: the world is hedging against the US Dollar.
Gold closed out its 55th all-time high in the last 12 months. And now Bitcoin has joined the party, climbing back above 87,000, reclaiming strength after a shaky start to April.
Source | Tradingview
This is the first time in years these two assets are in sync. Bitcoin is usually the “risk asset”, while gold is the “safe haven.” But right now, they’re telling the same story, inflation isn’t under control, and global confidence in the dollar is dropping.
What Happened Over the Easter Weekend?
It was a 3-day pause, but the trade rhetoric didn’t stop:
- No new trade deals were announced.
- Trump published a “non-tariff cheating” list, targeting countries that he claims manipulate trade in ways the US can’t match.
- He also said those who oppose tariffs are simply “bad at business.”
- And we’re now down to 79 days left in the reciprocal tariff pause, meaning US retaliation could return fast if no compromise is reached.
So, investors are doing what they usually do when trade tensions rise, buy hard assets.
What’s Coming This Week
This is a data-heavy week in the US, and every release could move markets:
- Wednesday
🏭 S&P Global PMI (Services & Manufacturing): This gives us a read on how businesses are doing. A weak number fuels the “Fed needs to cut” narrative.
🏠 March New Home Sales: A leading housing indicator. Weak numbers would point to consumer slowdown. - Thursday
🏗️ March Durable Goods Orders: Tells us if businesses are investing in equipment, an early sign of economic strength or weakness.
🏘️ March Existing Home Sales: Combined with new home sales, this paints a full picture of the real estate market. - All Week
📣 8 separate Fed speaker events. That’s a lot of chances for hawkish or dovish language to affect markets.
💼 ~20% of S&P 500 companies report earnings. Strong earnings = less Fed pressure to cut. Weak earnings = more talk of stimulus.
Minor Token Unlocks This Week
Ronin (RON)
Date: April 27, 2025
Unlock Value: 16.69M USDT (5.29% of marketcap)
% of Total Supply: 3.27%
Number of Tokens: 32.68M RON
AltLayer (ALT)
Date: April 25, 2025
Unlock Value: 7.05M USDT (7.94% of marketcap)
% of Total Supply: 2.41%
Number of Tokens: 240.80M ALT
Scroll (SCR)
Date: April 22, 2025
Unlock Value: 10.23M USDT (21.1% of marketcap)
% of Total Supply: 4.00%
Number of Tokens: 40.00M SCR
Plume (PLUME)
Date: April 21, 2025
Unlock Value: 18.30M USDT (5.42% of marketcap)
% of Total Supply: 1.08%
Number of Tokens: 108.34M PLUME
Source | Cryptorank
Final Thoughts
This week is a stress test. Between Fed speeches, housing data, and PMI numbers, the market will get its clearest look yet at the real state of the US economy. And if the data disappoints, Bitcoin and Gold could see another leg up together.
As always, this is not financial advice. Do your own research and stay sharp.Follow more insights like this on blog.millionero.com
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