21Shares: If BTC continues to decouple from NASDAQ, it may be favored by institutional investors who avoid the US stock market

2025-04-05 09:40

Odaily Planet Daily News: After plummeting 6% on Thursday, the Nasdaq index fell 5% again on Friday, but the price of Bitcoin has remained at around $83000, outperforming cryptocurrency related stocks such as Coinbase and Strategy. David Hernandez, a cryptocurrency investment expert at 21Shares, a digital asset management company, said that Bitcoin has shown impressive resilience, quickly rebounding after briefly falling below $82000, consolidating its position as a hedge tool during periods of macroeconomic pressure. If this decoupling continues, it may indicate that BTC will become increasingly favored by institutional investors seeking to avoid volatile stock markets. (CoinDesk)

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