Bitcoin Shows Resilience Amid Market Turmoil
Bitcoin demonstrates notable stability during significant market volatility, maintaining strength despite a 32% drawdown from January highs.
Key developments:
- BTC outperforms traditional risk assets while US equities and Treasuries face extreme volatility
- Gold reaches $3,300+, with Bitcoin mirroring its recovery pattern
- Digital macro hedge thesis gains credibility
The correlation between Bitcoin and traditional safe-haven assets is strengthening, suggesting a potential shift in market dynamics. This comes amid broader market uncertainty, including rising Treasury yields and declining consumer confidence.
[Read the full analysis](https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-bitcoin-resilient-amid-market-turmoil/)