en.bitcoinsistemi.com
Bitcoin ($BTC) is hovering near the $80,000 level despite a sharp drop of over 5% following US President Donald Trump’s latest tariff announcement that sent global markets into turmoil.
$BTC’s price action continues to contradict the narrative that it provides a reliable hedge against economic uncertainty.
While some investors view $BTC as a store of value, its recent movements suggest a complex relationship with traditional markets. “This moment feels like a turning point,” said Joel Kruger, chief market strategist at LMAX Group. “We see market participants increasingly drawn to $BTC as a store of value and an attractive diversification tool in an environment of uncertainty.”
Bitcoin’s ability to hold above $75,000, its lowest level since the beginning of the year, has sparked optimism among some analysts, despite the Nasdaq and S&P 500 falling to their lowest levels since 2025. This “higher lows” pattern is often seen as a bullish technical signal, reinforcing the view that $BTC may be gaining resilience despite broader market volatility.
But not all experts share this view. Javier Rodriguez Alarcon, chief trading officer of crypto exchange XBTO and a former Goldman Sachs executive, remains skeptical. “While it’s been said that Bitcoin can act as a hedge against dollar-centric volatility, in practice we still see a strong correlation between digital assets and broader risk markets during times of uncertainty,” he said in an email.
*This is not investment advice.