BTC📈

Bitcoin Rises Against the Trend: Breaking Free from US Stocks, Becoming the New Favorite Global Safe-Haven Asset 🎈

April 20 - 21, 2025, US stocks plummeted significantly due to tensions from the trade war, with the S&P 500 and Nasdaq indices suffering losses, and the US dollar index falling to its lowest level since March 2022. However, Bitcoin rose against the trend, breaking through $89,000 and reaching a new monthly high, sparking heated discussions in the market about whether it is transforming into a global safe-haven asset.

Previously, Bitcoin was often seen as a high-risk 'speculative asset,' with its price closely related to the Nasdaq index. Now, the correlation between Bitcoin and the stock market has significantly weakened, as its fixed supply attribute attracts capital inflows amid inflation concerns, being seen as a choice to hedge against currency devaluation, and its 'digital gold' image is gradually gaining recognition.

Bitcoin is transforming from a tech speculative asset to a global value storage tool, with its decentralized and borderless characteristics providing an advantage in economic turmoil. Institutional adoption is deepening, such as BlackRock's Bitcoin ETF attracting capital; the regulatory environment is also becoming clearer, as the US establishes a strategic Bitcoin reserve. However, its high volatility still poses risks, and its historical correlation with the stock market and the safe-haven status of gold may affect its future trends. Nonetheless, this divergence from US stocks is undoubtedly an important turning point in Bitcoin's development.
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