21Shares: If Bitcoin continues to decouple from Nasdaq, it may be favored by institutional investors seeking to avoid U.S. stocks
According to CoinDesk, after the Nasdaq index plunged 6% on Thursday, it fell another 5% during Friday's trading session. However, Bitcoin prices have remained around $83,000, outperforming related stocks in the crypto industry such as Strategy. Since President Trump announced his tariff plan on Wednesday night, Bitcoin prices have only fallen by 3.5%.
David Hernandez, a crypto investment expert at digital asset management company 21Shares stated that Bitcoin has shown impressive resilience and has solidified its position as a hedging tool during periods of macroeconomic stress. If this decoupling continues, it could indicate that BTC will increasingly be favored by institutional investors seeking to avoid turbulent stock markets.
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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