{"id":126530,"date":"2025-04-05T12:16:18","date_gmt":"2025-04-05T12:16:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126530"},"modified":"2025-04-05T12:16:18","modified_gmt":"2025-04-05T12:16:18","slug":"bitcoin-holds-firm-as-stocks-lose-5t-in-record-trump-tariff-sell-off","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126530","title":{"rendered":"Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&amp;P 500.<br \/>\nThe S&amp;P 500 posted a $5 trillion loss in market capitalization over two days, its largest drop on record, surpassing the $3.3 trillion decline in March 2020 during the initial wave of the COVID-19 pandemic, according to an April 5 report by Reuters.<br \/>\nThe record sell-off occurred after US President Donald Trump announced his reciprocal import tariffs on April 2. The measures aim to shrink the country\u2019s estimated trade deficit of $1.2 trillion in goods and boost domestic manufacturing.<br \/>\nS&amp;P 500 record $5.4 trillion loss. Source: ZerohedgeBitcoin\u2019s (BTC) dip after the tariff announcement was significantly smaller than traditional markets, proving Bitcoin\u2019s growing maturity as a global asset, according to Marcin Kazmierczak, co-founder and chief operating officer of RedStone blockchain oracle firm.<br \/>\n\u201cWhat we\u2019re potentially witnessing is an evolution in Bitcoin\u2019s market positioning,\u201d the co-founder told Cointelegraph, adding:<br \/>\n\u201cHistorically, Bitcoin has been strongly correlated with risk assets during macro shocks, but this divergence might signal an emerging perception shift among investors.\u201d<br \/>\n\u201cBitcoin\u2019s fixed supply architecture inherently contrasts with fiat currencies that may face inflationary pressure under tariff-driven economic changes,\u201d he added.<br \/>\nRelated: 70% chance of crypto bottoming before June amid trade fears: Nansen<br \/>\nWhile stocks plunged, Bitcoin dipped just 3.7% over the same two-day period, trading at around $83,600 as of April 5, according to TradingView data.<br \/>\nBTC\/USD, 1-hour chart. Source: Cointelegraph\/TradingViewDespite the $5 trillion sell-off in traditional markets, \u201cBTC shows its worth, staying above its $82,000 key support level \u2014 a sign that structural demand remains intact even amid forced selling and elevated volatility,\u201d Nexo dispatch analyst Iliya Kalchev told Cointelegraph.<br \/>\nRelated: Michael Saylor\u2019s Strategy buys Bitcoin dip with $1.9B purchase<br \/>\nBitcoin may emerge as \u201cdigital gold\u201d amid Trump tariff talks<br \/>\nDespite Bitcoin\u2019s decoupling from traditional stocks, its initial plunge in price signals that some investors still see Bitcoin as a risk asset, according to James Wo, the founder and CEO of venture capital firm DFG.<br \/>\n\u201cWith Bitcoin ETFs enabling greater institutional exposure, it is now even more influenced by macroeconomic trends,\u201d Wo told Cointelegraph, adding:<br \/>\n\u201cHowever, if Bitcoin remains resilient amid ongoing uncertainty, its hard-capped supply and decentralized nature could not only strengthen its \u2018digital gold\u2019 narrative but also position it as an even more reliable store of value.\u201d<br \/>\nDespite the current lack of momentum, analysts are confident in Bitcoin\u2019s upside potential for the rest of 2025.<br \/>\nBTC projected to reach $132,000 based on M2 money supply growth. Source: Jamie CouttsThe growing money supply could push Bitcoin\u2019s price above $132,000 before the end of 2025, according to estimates from Jamie Coutts, chief crypto analyst at Real Vision.<br \/>\nMagazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler\u2019s Digest, March 23 \u2013 29<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-outperforms-stock-market-during-trump-tariff-selloff?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126530"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126530"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126530\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126530"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}