Amid significant fluctuations in traditional financial markets, Bitcoin shows remarkable stability and remains a vital asset.
Bitcoin and Traditional Markets
On April 3, 2025, U.S. financial markets experienced severe turmoil, as major indexes posted significant losses following President Donald Trump's tariff announcement. During this time, Bitcoin holds steady at $81,712, down only 0.96% (-$793.23) over the past 24 hours, showcasing its potential as a store of value during market volatility.
Support from Institutional Investors
Bitcoin's trading volume has surged to $52.7 billion, indicating heightened investor interest. Although the cryptocurrency is currently trading below both its 50-day average price ($87,992) and 200-day average ($86,286), its relative stability compared to traditional markets is notable. Institutional investors continue to bolster Bitcoin: Tether recently reported acquiring 8,888 Bitcoins, bringing its holdings to over 100,000 BTC.
Global Markets in Panic
Traditional financial markets are reeling from Trump's announcement of 'reciprocal' tariffs, creating panic among investors. The Dow Jones index lost 1,331.99 points (-3.15%), while the NASDAQ fell by 864.8 points (-4.91%). Additionally, notable volatility was seen in currency markets, with the U.S. dollar also decreasing by 1.85%.
Thus, despite adverse changes in traditional financial markets, Bitcoin demonstrates its ability to maintain resilience and attract investor interest.
