PANews reported on April 25 that Bitcoin led the rebound in risky assets and is expected to record the largest single-week gain since Trump won the US presidential election. As investors digested the impact of Trump's trade war, the Nasdaq 100 index, which is dominated by technology stocks, rose by about 5%, but Bitcoin has risen by about 12% since last week, breaking through $95,000 for the first time since early March. "Amid the constant shocks, the implied correlation within cryptocurrencies remains high," said Jack Ostrovskys, a trader at cryptocurrency market making company Wintermute. "So, despite the improvement in the overall market, it is clear that macro and geopolitical forces remain the main drivers of capital flows."