🪙 Bitcoin Shows Resilience, Still Early to Call a Trend Shift — Bitfinex

Bitcoin $92,486 has outperformed traditional markets, rallying 7.68% in the past month, while S&P 500 and Nasdaq lost 6.79% and 8.14% respectively. Despite its impressive performance, experts caution it’s still early to declare a permanent decoupling from traditional markets.

⚠️ Is Bitcoin’s Strength Real?

According to Bitfinex analysts, Bitcoin’s resilience against traditional equities seems genuine, but it’s still not clear if it’s structural. Historically, Bitcoin has seen periods of outperformance, only to return to correlation with traditional assets.

💰 Bitcoin's Increasing Role as a Store of Value

In a volatile macroeconomic environment, Bitcoin is positioning itself as the “cleanest shirt in the dirty laundry”, according to Bitfinex. With Bitcoin dominance hitting 64.39%—the highest since late 2021—it continues to gain strength as a store of value.