The Safe-Haven Property of 32,563,889,339 Bitcoin is Temporarily Suppressed

The suspension of tariffs has reduced market concerns about inflation and supply chain risks, weakening Bitcoin's appeal as an inflation hedge. Historical data shows that Bitcoin performs strongly during escalations in trade frictions (such as a 27% increase during the tariff hike in April), but may pull back when the situation eases.

• Recently, Bitcoin has retreated from a high of $105,850 to around $104,000, reflecting a technical adjustment after short-term bullish sentiments have been exhausted.