$BTC appears to have exited its bear market after surging 12% last week, outperforming US stocks and gold, and reinforcing its appeal as a safe-haven asset. Analysts note that Bitcoin is increasingly behaving like a store of value, showing stronger correlations with gold rather than tech stocks, as global markets remain volatile due to concerns such as Trump's trade policies. Although the cryptocurrency has historically mirrored risky assets, its recent resilience during financial stresses, including banking sector instability and bond market volatility, suggests a shift towards more mainstream adoption. While some caution that Bitcoin remains vulnerable to geopolitical shocks, its recent breakthrough above key technical levels indicates that its correction phase has likely ended, strengthening its reputation as a form of "digital gold."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
