Bitcoin broke through the $88,000 mark this morning, reaching a new high in a month, with a 24-hour rise of over 1.4%. Meanwhile, U.S. stocks faced a "Black Monday," with all three major indices collectively dropping over 2.3%.

This kind of divergence trend is really interesting. Trump has once again fiercely criticized Powell and threatened the independence of the Federal Reserve, raising concerns in the market about the decline of the dollar's credibility, while Bitcoin is rising against the trend.
I believe this is precisely the moment for Bitcoin to reinforce its narrative as a safe-haven asset, especially in light of Strategy's announcement last night to invest $556 million to buy back 6,556 BTC.
A new consensus is forming in the market: in an environment of a weakening dollar and turbulent US stocks, crypto assets, especially Bitcoin, are becoming a safe haven for capital.
This narrative shift is not coincidental, but rather the result of multiple factors resonating - gold breaking through $3450 to set a new historical high, the dollar index falling below the 98 mark to reach a new low since March 2022, and Bitcoin's market share rising to a nearly four-year high.
We may be witnessing an important paradigm shift, where investors are beginning to see Bitcoin as a tool to hedge against dollar risk, rather than just a high-risk speculative asset. If this trend continues, $88,000 may just be a stopover on the way to higher price ranges.