CryptoQuant: BTC has fallen 16.7% since the tariff announcement, underperforming traditional assets such as gold and the US dollar

PANews reported on April 16 that according to CryptoQuant data, since the tariff announcement, the price of Bitcoin has fallen by 16.7%. Although it has recovered from the previous low of 26.7%, it still lags behind the performance of most traditional assets. During the same period, gold rose by 12.9%, silver and the US dollar index both fell by 4.8%, the S&P 500 fell by 13.8%, and the Nasdaq fell by 17.5%. Despite its high volatility, Bitcoin's current decline is between the Nasdaq and crude oil, showing some signs of recovery, but it has not yet shown the characteristics of a safe-haven asset.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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