$BTC Global stocks fell by about 10%, with a sharp decline in U.S. stocks following the announcement of "Liberation Day."
The value of Bitcoin dropped from around $85,000 to $81,000 after the announcement, but it has since outperformed Nasdaq, demonstrating the resilience of cryptocurrencies.
🔍 What it means for cryptocurrencies:
📉 Short-term pressures from risk-averse sentiment - miners and decentralized finance (DeFi) protocols may face headwinds with reduced liquidity.
🌱 Long-term rise - tariffs weaken the U.S. dollar over time, increasing demand for Bitcoin as a hedge.