Markets face fluctuations due to President Donald Trump's new tariffs, but Bitcoin demonstrates its stability and attracts investor attention.
Less Impact on Bitcoin Compared to Historical Drops
Analysts from Bernstein highlight that the current decline in Bitcoin's value is relatively small compared to previous crises. Their note states that in past instances, Bitcoin's value fell by 50% to 70%, such as during COVID-19. In contrast, the recent decline was only 26%, indicating a strong foundation of new capital in the market.
Bitcoin as Digital Gold
Bernstein analysts view Bitcoin not only as an investment vehicle but also as the 'probabilistic gold' of the digital age. They argue that Bitcoin's liquidity and volatility make it particularly attractive during uncertain times. 'Bitcoin behaves like a more volatile, easily tradable version of gold,' they noted.
Current Market Situation for Bitcoin
At the time of this report, Bitcoin traded at $78,866, reflecting a 3.61% increase over the past 24 hours, after reaching a minimum of $74,500. This underscores the growing interest from investors in Bitcoin as an alternative store of value.
Amid increasing volatility in traditional markets, Bitcoin continues to evolve, attracting attention as a reliable asset for long-term investments.
