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With the approaching April 2025, Bitcoin price was heading steadily due to the commercial war concerns, and on April 9, the customs duties were postponed for 90 days and the price of bitcoin reached its lowest level.
On April 20, the real height of the bitcoin began without any major news after days of delay, so what happened?
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Bitcoin and hedges from policy fluctuations
It is clear that the story of encrypted currencies has become much more than just being a decentralized currency, and has become a hedge alongside gold against the largest crisis in the United States, which is the trade deficit and exaggerated spending of the federal government.
Bitcoin and gold refers to a clear story, as the crisis is exacerbated.
When the US billionaire, Elon Musk, announced his withdrawal from the government efficiency management, this coincided with the sudden rise in the value of Bitcoin, which started on April 20 and continues until today.
The withdrawal of Musk from the Department of Government Efficiency was the first indicator over the badness of this crisis, and this was followed by a public dispute between Elon Musk and Trump.
With the start of the market in the pricing of the “beautiful big law” approval of President Trump, the value of Bitcoin has increased, and this law is expected to add up to 5.5 trillion dollars to the American debt, which gives Bitcoin more momentum.
On June 22, the Bitcoin price decreased to the level of support for $ 100,000, and on July 1, the possibilities of approving the beautiful major law increased, and on July 3, it was approved by the US House of Representatives, and on July 4, Trump signed it to become a law to jump the Bitcoin price to a record level at 118 thousand dollars.
The dollar against Bitcoin
At the same time, the dollar has been trading at its lowest level since March 2022, and the dollar decreased by 10.8 percent during the first half of 2025, which is its worst beginning since 1973.
In 1986, he did not witness a severe hypertrophy of the dollar, as is the case now, which increases interesting.
Even with President Trump sending “customs drivers” and his escalation of the trade war, the dollar continues to decline, this is the completely opposite reaction that we witnessed with the approach of April 2025.
Historically, the US dollar -led trade war is supposed to strengthen it.
Even with the federal reserve position – the US Central Bank – and its followers of “waiting and anticipation”, the dollar is still retreating.
The minutes of the Federal Reserve for June showed that many policy makers expect not to reduce interest rates in 2025, and this would also strengthen the dollar, but what happens is the exact opposite.
Market reactions indicate that it believes that America cannot withstand a long time in its current financial path without major economic repercussions on it, and this is evident from the rise of both gold and bitcoin by more than 100 percent since 2021.