As fear grips the markets, smart money is trading digital risk for timeless refuge. Bitcoin may be up 1%, but gold has surged a jaw-dropping 11% this month, now sitting around $3,340/oz.
Hereβs the shift in sentiment:
- Investors ditch risk as Trumpβs tariff shock sends macro uncertainty soaring π
- Fed Chair Powell fans the flames: higher inflation, slower growth, and rising unemployment are likely π₯
- Nasdaq: -1.17% | S&P 500: -2.24% | Gold: π | BTC ETFs: πΈ Outflows continue
π¬ βIn a storm, you donβt chase fire β you reach for shelter.β β Michael Brown, Pepperstone
β οΈ RED FLAGS & GOLD BAGS
While Bitcoin outperformed equities this past month (π +1% vs Nasdaqβs -8%), itβs gold thatβs winning the macro war.
Hereβs the institutional mood:
- π¦ $80B+ into gold so far this year
- π $900M+ pulled from BTC ETFs this month alone
- π¦ Bank of America: βLong goldβ is the most crowded trade on Wall Street
- π UBS: The case for gold is βmore compelling than everβ
π CRYPTORADAR OUTLOOK
What Weβre Watching Closely This Week:
π CRYPTO EVENTS
- April 17: EigenLayer activates Ethereum slashing
- April 18: Pepecoin halving reduces block rewards
- April 20 @ 11PM: BNB Chain (opBNB) hardfork
- April 21: XRP Futures listing (pending CFTC approval)
- April 25 @ 1PM: SEC hosts roundtable on crypto custody
π MACRO MOVES
- April 17 @ 8:30AM: U.S. Housing Starts + Jobless Claims
- April 17 @ 7:30PM: Japan CPI Release
πΌ EARNINGS TO WATCH
- April 22: Tesla (TSLA)
- April 30: Robinhood Markets (HOOD)
π§ QUICK TAKE
Crypto is no longer the only game in town. In 2024, Bitcoin was the rebellion. In 2025, gold is the resistance.