21Shares: If Bitcoin continues to decouple from Nasdaq, it may be favored by institutional investors who avoid US stocks
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2025-04-05 18:02 4,893
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According to CoinDesk, the Nasdaq index fell 5% again on Friday after plunging 6% on Thursday, but the price of Bitcoin has remained at around $83,000, and its performance is also better than crypto-related stocks such as Coinbase and Strategy. Bitcoin price has fallen by just 3.5% since President Trump announced the tariff package Wednesday night. Bitcoin has shown impressive resilience, cementing its position as a hedge tool during a period of macroeconomic stress, said David Hernandez, crypto investment expert at digital asset management firm 21Shares. If this decoupling continues, it may herald BTC will increasingly be favored by institutional investors seeking to avoid turbulent stock markets.