The collapse of the US stock market, triggered by President Donald Trump’s tariff policies, was hit hard by major stock market indicators. Most markets suffered from consequences, including cryptocurrency results.
However, the Nasdaq and S&P 500 suffered from a strong fall, Bitcoin remains at a more or less stable price. This despite his recovery of his impulses despite his temporary collapse after Trump’s announcement.
This shows the data:
- The NASDAQ has fallen almost 5.5%, registering one of the worst losses of a day since 2000. The S&P 500 has retreated by about 5%. The calculations point to the bags losing the bags in a $3.5 billion order.
- Meanwhile, Bitcoin rose 0.7% in the day, moving forward on Friday to recover to a level of USD 84,000.
In that sense, analyst Caleb Franzen highlighted the strength of Bitcoin against the S&P 500 and its ability to maintain it. On a 200-day mobile average, In the context of high risk aversion.
Such facts occur in scenarios where BTC is correlated with traditional assets It tends to be higher in the long term. As Cryptonoticia reports, it is a notorious fact since the 2020 Covid Pandemic era.
This has led experts to discuss the role of digital currency in their investment portfolios. Possibility as a value evacuation.
This final speech will be held since its creation, taking into account that digital currency is designed to be independent of the traditional financial system. Usually, when other assets sink, Bitcoin is evacuated to the storm.
The creation of Nakamoto at has gained the interest of traditional investors, great businessmen and politicians, so things have started to change a little. Bitcoin It is inserted into global financial dynamics.
“He has cited more as another risky asset in recent years, and despite the deviations over the last two days, the correlation with behavior remains high,” the Bloomberg team said.
In fact, prior to 2020, the correlation between Bitcoin and traditional behavior continued to be less than 20% or even negative. Almost complete decoupling Between these two categories of financial instruments.
The growth of correlations relates to the fact that Bitcoin is becoming increasingly sensitive to US Federal Reserve decisions, macroeconomic variables and global geopolitical dynamics.
However, when comparing Bitcoin prices with stock returns, The latter is usually quite low Compared to digital currency. Facts highlighted by analysts such as River Researchers.
It is based on this long-term appreciation ability that Bitcoin compares to gold. Therefore, they recognize it as “digital gold.”
Either way, the debate is still open. Social network users do their own analyses and evaluate this dual role in Bitcoin. The next price movement is still somewhat uncertain at a stage planned in the tariff war that Trump launched.
However, unlike what happens in corporate behavior, the fact that BTC and other cryptocurrencies are not subject to tariff collection is a good indicator.
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