The price of Bitcoin has remained relatively stable despite recent market drawdowns across the board. Largely triggered by President Trump’s announcement of new tariffs. While the Nasdaq Composite experienced one of its worst days since 2000, Bitcoin held its ground, trading in a tight range.

A week ago, Trump signed an executive order imposing tariffs on all countries, a day that he referred to as ´´Liberation Day´´. Impacts were immediately felt across the world as countries and businesses reacted to the news.

Since the U.S. election in November 2024, Bitcoin has remained one of the few major assets still in positive territory. While many stocks and indices have retraced their gains amid renewed economic uncertainty and policy shifts, Bitcoin has held on to much of its post-election rally. This relative strength further supports the view that Bitcoin is beginning to trade independently from traditional risk assets and could be seen as a resilient alternative during periods of macro volatility.

According to Decrypt, you could have bought 1,756 shares of the MAG7 a year ago for 1 BTC, but now you can get 1,993 shares. Many assets have retraced, but BTC remains higher than where it was last year.

There are several factors supporting this narrative:

• Institutional investors continue to accumulate Bitcoin, which has provided price support.
• Long-term holders are showing less panic than in previous downturns.
• Venture capital activity in the crypto space remains steady, indicating confidence in the asset class.
• Bitcoin is increasingly being viewed as a component of diversified portfolios, especially in the context of inflation and recession concerns.

The Head of Digital Research, Matthew Sigel at VanEck noted that “Bitcoin is evolving from a speculative asset into a functional monetary tool—particularly in economies looking to bypass the dollar and reduce exposure to U.S.-led financial systems.”

Comments made in response to the tariff news out of the United States, suggesting how BTC can be used as a functional monetary tool— especially in instances of global commerce. Posted on VanEck Insights

At the same time, analysts at Bernstein and Grayscale have pointed to Bitcoin’s resilience in the face of weakening dollar strength and stagflation risk as signs of a more mature asset.

Chart provided by Reuters, showing the decline of the US dollar, coinciding with the tariff news.

Despite uncertainty in broader markets, Bitcoin’s strength continues to stands out.

BTC dominance is on the rise once again according to data from CoinStats and TheBlock

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