Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
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Bitcoin has shown resiliency, holding its levels despite oil topping $90 and U.S. Treasury yields rising, while gold slid. The immediate market driver limiting Bitcoin's upside is a firm U.S. dollar, which is weighing on commodity and crypto gains. The divergence from gold suggests Bitcoin is behaving more like a risk asset than a conventional safe haven in the current macro regime. If the dollar weakens or yields stabilize, Bitcoin would have clearer upside; persistent dollar strength and higher real yields are likely to keep BTC range‑bound.
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