{"id":126816,"date":"2025-04-09T17:16:31","date_gmt":"2025-04-09T17:16:31","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126816"},"modified":"2025-04-09T17:16:31","modified_gmt":"2025-04-09T17:16:31","slug":"bitcoin-has-fully-decoupled-despite-tariff-turmoil-says-adam-back","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126816","title":{"rendered":"Bitcoin has &#039;fully decoupled&#039; despite tariff turmoil, says Adam Back"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsAs markets reel from geopolitical tensions and economic uncertainty, Bitcoin has shown relative resilience during events like Trump\u2019s recent tariff bombshells, according to Blockstream CEO Adam Back.<br \/>\nWhile in the short term, Bitcoin (BTC) may move in tandem with stocks and other risk-on assets, Back sees the long-term trend telling a different story.<br \/>\n\u201cBitcoin is fully decoupled because it&#8217;s gone up five or six times since the bottom of the market three years ago,\u201d he said during an exclusive interview with Cointelegraph at Paris Blockchain Week.<br \/>\nBack, who is one of the original cypherpunks and a key contributor to Bitcoin\u2019s early development, predicts strong adoption tailwinds for BTC: regulatory clarity, institutional interest, and the legitimizing force of exchange-traded funds (ETFs). He notes that while most long-term holders are already \u201call in\u201d and unable to buy dips, entities like BlackRock and sovereign wealth funds are stepping in, quietly absorbing supply.<br \/>\nThe Blockstream CEO also touches on the geopolitical dimension, discussing a scenario in which governments may begin actively acquiring Bitcoin. \u201cIf the US government doesn&#8217;t go on a buying spree and buy 1 million Bitcoin over the next five years, that gives more time for the new entrants who&#8217;ve got access finally through brokers and through the ETFs to build up the Bitcoin position.\u201d<br \/>\nDespite short-term volatility, Back remains firmly bullish on the mid-term outlook: \u201cTypically, there would be half a dozen 30% drops in a bull market, so I think that&#8217;s probably where we are now.\u201d<br \/>\nWatch the full interview now on the Cointelegraph&#8217;s YouTube channel \u2014 and subscribe for more exclusive conversations with the biggest names in crypto.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-decoupled-tariff-turmoil-adam-back-video?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 NewsAs markets reel from geopolitical tensions and economic uncertainty, Bitcoin has shown relative resilience during events like Trump\u2019s recent tariff bombshells, according to Blockstream CEO Adam Back. While&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\/126816"}],"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=126816"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126816\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126816"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}