Cryptoverse: As markets question US exceptionalism, bitcoin starts to shine

Quick Summary:

It's late to the sell-USA party.

But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and keen to dump U.S.stocks, Treasuries and the dollar.

The world's top and original cryptocurrency is now a whisker away from the $100,000 mark last seen three months ago, after a 15 per cent rise in April alone.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Assets Research Investors Cryptocurrency Data Dollar Last Bitcoin Asset Cent April

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 20:00:38 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 678 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28493592

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 68 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 31 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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