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