In New York trading rooms, operators contained breath last week because the dollar fell 3%, treasure bonds sink and, for the first time in decades, global capital does not seek refuge in traditional assets. Meanwhile, Bitcoin (BTC), the digital currency that many rule out, rose more than 6.5%, challenging the macroeconomic storm and lighting a debate at the time the dollar loses its status as a «safe refuge.»
According to the latest Bitcoin Insights report, the Exodus of capital of the dollar to assets such as gold and bitcoin It reveals a crisis of trust that could redefine global reserves.
The epicenter of the storm was the 10 -year treasure bond market, whose yields shot at 60 base points (0.60%) in just seven days, reaching 4.92%, one of the largest weekly increases in decades. This collapse, which occurred in a context of global growth weakened by the war of tariffs imposed by the US and an 8% drop in oil prices, says a deep distrust.
«Investors now demand a much greater award to take the risk of US debt,» says Bitcoin Insights report, pointing to concerns about the fiscal sustainability of US and a massive leakage of foreign capital.
Similarly, the DXY index, which measures The strength of the dollar, fell 3%challenging the historical logic that positioned him as a safe asset in times of crisis.
Traditionally, investors are looking for dollars and treasure bonds during turbulence, but this time both sank simultaneously.
The global capital was redirected towards alternative assets. That promoted the Swiss Franco 5.2%, the Japanese Yen 2.3%, gold 6.5%(reaching $ 3,344 per ounce) and Bitcoin 6.5%, quoting above $ 72,300, as the report points out.
Despite maintaining a certain correlation with the Nasdaq (which rose 4% in the week), Bitcoin showed resistance signs that differentiate it from traditional markets. That is why analysts highlight their limited offer and decentralized nature, which makes it an attractive candidate to capture capital capa.
«In times of uncertainty, decentralized and limited supply assets gain relevance. Bitcoin is passing the test, ”says Bitcoin Insights.
If the bond crisis persists, BTC decoupling of the traditional system could be accelerated. This, especially if the Federal Reserve (Fed) intervenes with stimuli such as the expansion of its balance, A movement that historically favors scarce assets such as the pioneer digital currency.
The volatility in the bond market reached critical levels, with the Move index registering its third historical peak, a systemic stress signal that threatens global financial stability.
Meanwhile, factors such as institutional adoption and the possible diversification of reservations by funds and countries could further boost Bitcoin’s demand. «The next play of the Fed will be key: more stimuli would be a wind in favor for cryptocurrencies,» warns the report.
Bitcoin is resistance to uncertainty
In short, a new week of financial chaos highlighted the cracks of the traditional system, with The dollar and bonds losing their safe refuge status. In that scenario, Bitcoin and Gold emerged with strengths, capturing the attention of investors who seek to protect their wealth in an uncertain world.
On this current scenario Poly Pompliano, author of «Hidden Genius» and Anthony Pompliano, executive director of Professional Capital Management, talked. For them, Bitcoin and Gold benefit from the uncertainty and devaluation of Fiat coins, acting as safe shelters. However, gold has risen 20% this year, while Bitcoin fell 8%, because traditional institutions prefer gold first.
Bitcoin usually follows the gold with a delay of approximately 100 days, but in the long term it exceeds it, with a 35% yield in the last 12 months. In this context, both Polina and Anthony consider that Bitcoin could be consolidated as a safe shelter against crises, surpassing gold. In addition, they see in current policies, such as tariffs driven by Donald Trump, a catalyst to redefine the global financial system, although key challenges such as uncertainty and lack of clarity in communication persist.
In any case, a new report by the Coinshares research firm reveals that mass outputs in investment products in digital assets reflect a «wave of negative feeling» on Bitcoin.
According to the analysis, these products recorded withdrawals for USD 795 million last week, marking their third consecutive week of exits. This trend, although choppy, has dominated since the beginning of February, with a total of USD 7,200 million in retreats, almost completely eliminating the net tickets of 2025, which now add up to only USD 165 million. However, a rebound in prices towards the end of the week raised the assets under management (AUM) to USD 130,000 million, driven by the temporary pause of import tariffs ordered by President Donald Trump.
In tune, Bitcoin showed a recovery after touching the USD 73,000 – his lowest level in four months – currently quoting around USD 83,800, 23% below its USD 109,000 record registered three months ago.