Bitfinex report: Bitcoin maintains resilience amidst market turbulence

Odaily Planet Daily News: Bitfinex has released its latest market research report, stating that in one of the most volatile periods of macroeconomic driven uncertainty in recent years, Bitcoin has shown significant resilience. Despite a 32% drop in Bitcoin price from its January high, it remains consistent with historical levels of mid bull market pullbacks and outperforms most traditional risk assets. The gold price has previously broken through $3300 per ounce, setting a new historical high. The recent rebound of Bitcoin, synchronized with the rise in gold prices, further confirms the growing view that Bitcoin is evolving into a digital macro hedge tool. Against the backdrop of globalization, trade conflicts, and volatile stock market capital outflows, these two assets are increasingly seen as globally neutral means of storing value. The recent price trend further confirms this viewpoint: since April 2nd (also known as "Liberation Day"), Bitcoin has performed more like gold than stocks, showing a strong rebound and breaking free from lows in the overall market amid continued tightening liquidity and policy uncertainty.