Bitcoin, new trade tariffs and macroeconomic pressures are dancing! 🎢
- President Trump's trade tariffs have turned Bitcoin's relationship with the stock market upside down. The negative correlation in January 2025 skyrocketed to 0.47 in March.
- Its bond with gold has also been severed; Bitcoin has started to flirt more with risky assets. 💔
- Binance Research suggests that BTC could remain an independent asset class in the long term.
- So, can Bitcoin take on the role of a safe haven again in the future? Let's discuss in the comments! 💬
- President Trump's trade tariffs have turned Bitcoin's relationship with the stock market upside down. The negative correlation in January 2025 skyrocketed to 0.47 in March.
- Its bond with gold has also been severed; Bitcoin has started to flirt more with risky assets. 💔
- Binance Research suggests that BTC could remain an independent asset class in the long term.
- So, can Bitcoin take on the role of a safe haven again in the future? Let's discuss in the comments! 💬