CryptoQuant: BTC fell 16.7% after the tariff announcement, underperforming traditional assets such as gold
According to CryptoQuant data, since the announcement of tariffs, Bitcoin's price has fallen by 16.7%. Although it has rebounded from its previous low point of 26.7%, it still lags behind the performance of most traditional assets. During the same period, gold rose by 12.9%, while silver and the US dollar index both fell by 4.8%. The SP 500 index fell by 13.8% and Nasdaq dropped by 17.5%. Despite high volatility, Bitcoin's current decline is between that of Nasdaq and crude oil, showing some signs of recovery but not yet demonstrating characteristics as a safe-haven asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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