Has Bitcoin entered the phase of becoming a safe-haven asset?
Through the graphical comparison between $BTC and the #SPX500 index, we notice a strong correlation between the two assets until March 2025, where the movements of the two markets were quite similar, reflecting the general interconnection.
But the turning point came with Trump's announcement of a new tariff package, which caused a sharp decline in the SPX500 index, while Bitcoin showed remarkable resilience and even decoupled from stock performance.
This technical deviation is a signal of a change in investor behavior towards Bitcoin, which has begun to be treated as a hedge asset in the face of geopolitical and economic tensions.
I believe that the continuation and repetition of this matter may lead to an independent upward wave for cryptocurrencies, away from the fluctuations of U.S. stocks, and usher in a new maturity phase for the cryptocurrency markets.
digital.
