$BTC

The "Hedge Paradox" of the Crypto Market: Why is it Falling Worse than US Stocks?

Although Bitcoin is often referred to as "digital gold", its performance during this conflict has been contrary to traditional safe-haven assets. The fundamental reason lies in the tearing of market logic:

A week before the leverage bubble burst, Bitcoin's open contracts surged by 18%, and 25x leveraged long positions were forced to liquidate in panic, triggering a chain reaction.

Institutional funds withdrew from the US Bitcoin ETF for six consecutive days, with a net outflow of $644 million, weakening market support.

In the liquidity squeeze, Middle Eastern funds urgently withdrew through stablecoins, exacerbating the selling pressure.