Bitcoin (BTC) held steadily over $ 88,000 early Tuesday when the Japanese yen crossed the psychological level of 140 against the US dollar as customs problems and risks of a Federal Reserve Chair intervened in the States expanded the appeal to the security garden assets.

Yen rose almost 1% to 139.93 against the dollar, its strongest level since September. Gold rose to fresh heights of $ 3,494 per Ounce in Asian morning hours.

According to reports, Trump accuses the Fed of the economic fall of the trade war if the central bank does not cut the rates soon – and fires against the greatest appearance of independence that the Federal Reserve is currently enjoying.

BTC added just over 1% to continue a steady increase since Sunday. Ether (ETH), Cardanos Ada, XRP and Solana’s sun showed signs of profits with falls as much as 3%, CoingeCKO data shows.

Kaspas Kas and Polygon’s pole rose as much as 9% to lead gains among mid -capsules, albeit on no immediate catalysts.

Dealers pointed out that winnings in Bitcoin in the midst of global runs cemented their place as a possible risk-off active.

“Today’s rise is further evidence of Bitcoin’s growing role as a risk-off active,” Gerry O’Shea, head of Global Market Insight in Hashdex, told Coindesk in an email. “For the past five years, Bitcoin has had double -digit returns in the months following major geopolitical and macro events such as Covid Pandemic, Russia’s invasion of Ukraine and the US banking crisis in 2023.”

“Gold is now acting at its nominal highlight at all times, which can shadow for strong performance from Bitcoin if investors’ appetite for risk-off assets increases the global liquidity and the US regulatory environment is improving rapidly,” O’Shea added.

The rising gold prices and Bitcoin’s (BTC) relatively strong price action in the midst of a global market sale have some dealers who revise the latter role as “digital gold”-a great story in Bitcoin’s early years, but one that has lost Steam in recent times.

What analysts say

Meanwhile, Chart Watchers says Bitcoin crossed an important technical indicator this week that puts it in place for a higher step in the coming days.

“Bitcoin jumped to 87,500 on Monday and tested the late March heights,” Alex Kubtsikevich, FXPRO Chief Market Analyst, told Coindesk. “The leading cryptocurrency managed to reject the 50-day moving average as it had hovered in the last week and a half.”

“A solid close to the $ 88,000 area would signal a break in down and a return to levels over the 200-day sliding average. A confident feature higher from the current levels would be a key signal for the entire market, again placed BTC as the flagship set to lead,” added Kuptsikevich.

Moving average in the financial markets are tools that are used to smooth out price data over time, showing the average price of an asset (as an stock) over a specific period. The 50-day and 200-day sliding average are often used because they represent medium and long-term trends respectively.

These periods are followed widely, making them self -fulfilling, so many dealers act on them, which strengthens their importance.

Here’s what a machine reads of the market is, driven by Coindesk’s AI-driven market insight bot.

ADA price analysis

• Ada broke the key resistance of $ 0.630 in the middle of wider crypto market recovery.
• Grayscales SPOT ADA ETF archiving sees authentication odds jump to 61%, which potentially opens doors for institutional investments.
• Clear bullish reversing from April 21, with volume that rose significantly to over 68 million below the breakout light.
• Fibonacci Retracement levels suggest potential continuation against $ 0.650.

XRP price analysis

• XRP established a clear increase with a total range of 3.4% ($ 2,039- $ 2,143) over the analyzed period.
• Strong support identified at $ 2.06, where buyers consistently enter this level.
• Significant outbreak occurred on April 21, when XRP rose 4.3% in just two hours and underwent previous resistance to $ 2.09.
• Volume analysis confirms genuine buying interest, with trading activity spikes to over 100 mi breakout periods.

ETH price analysis

• Ethereum enters the historic “buy zone” according to analyst Ali Martinez with ETH trade under the lower MVRV price tape -a metric that has previously signaled strong shopping opportunities.
• ETH is currently trading with tight consolidation between $ 1,550- $ 1,630, with critical support for $ 1,500 and resistance to $ 1,700 as investors are waiting for a crucial breakout in the midst of global economic pressure.
• Clear support level established at $ 1,570 with resistance to $ 1,650, with trading volume spiking to 490,365 during the recent sale.
• The 48-hour price range of $ 1,544- $ 1,593 (3.1%) continues to suggest instability in the market.
• Fibonacci Retracement levels indicate potential consolidation between $ 1,565- $ 1,590 before creating a final trend direction.