Bitcoin Outperforms Stocks and Gold Amid Global Market Sell-Off

Despite a global market sell-off triggered by US tariffs imposed on imports last week, Bitcoin (BTC) has demonstrated resilience, exceeding the S&P 500’s performance and outperforming gold. According to Binance Research, Bitcoin is currently trading near $79,000, representing an increase of almost 1%. The S&P 500 has remained essentially flat, while gold futures are down approximately 1.5%, according to Google Finance. 58% of fund managers surveyed by Binance prefer gold during a trade war compared to only 3% for Bitcoin.