Bitcoin (BTC), the first digital currency of market capitalization, is experiencing a critical moment. As revealed, demand for digital assets has collapsed to the lowest level ever since 2025.
It looks like investors are taking a step back, Other traditional assets such as gold appear as the protagonist In a scenario characterized by global political and economic uncertainty.
Cryptoquant’s analysis presented by an analyst known as DarkFost focuses on this trend.
The following graphs are compared New Bitcoin supply that remains inactive for more than a yearproviding a window into current demand dynamics.
If this relationship falls below zero, demand enters negative terrain. It shows investors will actively acquire less Bitcoin.
Analysts say this weakness has been brewing since December 2024 and shows no signs of a halt.
Changes in investor behavior bring greater attention. factor Because political and economic uncertainty erodes appetite for a perceived property as dangerous;pushing more people to seek evacuation to a more stable option.
Political and economic uncertainty at the heart of the stage
Global Panorama provides clues as to the causes this fall. After assuming a US presidency, Donald Trump implemented tariffs that upset the market. 25% to imports from Mexico and Canada, 20% to Chinese productsit could extend this measure to the European Union, as reported by encryption.
The negotiations between Mexico and Canada postponed several effects, but on March 11th, the president Added 25% addition to steel and Canada aluminum rates.
These decisions have revived fears of inflation and recession, especially in the United States. It affects trust in volatile assets such as Bitcoin.
Meanwhile, traditional markets have responded strongly. Gold, historic shelter in times of crisis; It hit a record of $3,000 per ounce. In the following graph, we can see how Trump’s urge to victory over precious metals.
In just 13 months, The market capitalization has increased by over $7 billion, reaching $20 billionwell above the total of the 100 major assets in the global ranking, and together reach 2.7 billion.
Bitcoin resists rising domination
Despite its collapse in demand and rising gold prices, Bitcoin will not lose its position in the world of digital assets.
Its control measures the percentage of total capitalization of the digital asset market; It rose 62% on March 11th. This is the last level seen in 2021.
This rebound reflects investors focusing resources on BTC and putting Altcoins aside, starting from a minimum of 54% in December 2024.
In this way, Bitcoin has emerged as a shelter asset during turbulence. It could be disconnected from the correlation with actions and other cryptocurrenciesmore adjusting to precious metal behavior in times of crisis.
Turns driven from the White House
This change in perception does not arise exclusively from the market. Trump ordered the creation of Bitcoin National Reserve; Use assets confiscated by the government in operation of illegal activities.
In his announcement, the president described him as “digital gold,” Emphasises his shortage and decentralized mining.
Limited supply to 21 million units, resistance to censorship, protection against forfeiture; Bitcoin offers an attribute that positions it as a long-term attractive value reserve.
On top of that, By its design, it grants discretion to anyone taking steps to protect privacyfactors that add something appealing in the context in which the government relies on citizens’ funds to face deficits.
Towards a new balance in the market?
The collapse of demand for Bitcoin opens up questions about the ever-changing future of digital currencies in the world.
Gold is integrated as dominant assets and investors adjust to uncertainty; BTC maintains its relevance in the world of digital assets.
Trump’s bet To integrate it into a national reserve, it may be the first step towards redefining their roles: From speculative assets to the pillars of stability. For now, the market is predicting how works will be repositioned within this global financial committee.
(tagstotranslate)Bitcoin (BTC)
