PANews reported on April 19 that according to Cryptoslate, Bitcoin trading price remained flat around $84,500 this week and did not fluctuate significantly during Good Friday. As stock, bond and commodity trading are largely offline, the cryptocurrency market provides a rare window into investor sentiment in the absence of broader liquidity and institutional flows.

Traders are watching the progress of the ongoing global trade during the holiday, and it is expected that the market may begin to readjust positions after the Chicago Mercantile Exchange (CME) futures and bond markets resume trading. Before that, Bitcoin is one of the few real-time sentiment indicators in the macro environment, which is increasingly influenced by policy signals and cross-asset fluctuations, but even as gold, oil and stock markets react to macroeconomic and geopolitical situations, Bitcoin has maintained its original level. Unlike the correlation with stock futures and inflation-sensitive assets, Bitcoin has outperformed most traditional assets in recent trading days.