Crypto Daybook Americas: Bitcoin Dominance Underlines Haven Status as Trade Turmoil Hits Market

By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin’s (BTC) status as a haven in the context of broader financial markets may be up for debate, but within crypto it’s hardly questionable. Cryptocurrency prices have fallen across the board over the last 24 hours, yet bets on BTC’s dominance keep growing.The market’s sell-off comes amid profit-taking and conflicting messages from the Trump administration over its trade war with China.Those comments cooled a rally that started after President Donald Trump signaled he would not remove Federal Reserve Chair Jerome Powell and suggested a softer stance on trade with China source: https://www.coindesk.com/daybook-us/2025/04/24/crypto-daybook-americas-bitcoin-dominance-underlines-haven-status-as-trade-turmoil-hits-market