Bitcoin shows growing strength during market downturn — Wintermute

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The report noted that Bitcoin (BTC) has held up relatively well during the ongoing market downturn, even as the S&P 500 and Nasdaq dropped to their lowest levels in a year and bond yields surged to highs that had not been seen since 2007.“Bitcoin’s decline was comparatively modest, revisiting price levels from around the US election period,“ Wintermute wrote.

Source: US Bureau of Labor StatisticsRelated: Trade wars could spur governments to embrace Web3 — TruebitMore market turmoil expectedBitwise analyst Jeff Park recently argued that US President Donald Trump’s trade policies will create worldwide macroeconomic turmoil and short-term financial crises that will ultimately lead to greater adoption of Bitcoin.

The shift highlights Bitcoin’s “apparent growing resilience amid macroeconomic turbulence.“Founder of Obchakevich Research, Alex Obchakevich, told Cointelegraph that he expects this to be a temporary trend:“As the trade war intensifies, Bitcoin may return to the list of risky assets.

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Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United States

Topics: Inflation Macroeconomic Wintermute Bitcoin Showing Shift Resilience Trade Traditional Market Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 11:46:49 (6 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27916896

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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Year Established: 2013

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Publisher ID: #11

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