Bitcoin Buoyed by S&P Plunge: Digital Gold Holds Steady Amidst Market Turmoil

Despite a historic $5.4 trillion drop in the S&P 500, driven by tariffs announced by the Trump administration, Bitcoin has remained resilient. The cryptocurrency’s current price of $82,000 underscores its status as a digital haven asset amidst financial volatility. This resilience reflects growing investor confidence in Bitcoin as a safe-haven store of value, particularly compared to traditional risk assets like stocks.