Despite recent market volatility driven by U.S. President Donald Trump’s tariffs, Bitcoin (BTC) has shown remarkable resilience and is emerging as a potential store of value, according to new research from Bernstein analysts. 
Their report highlights the cryptocurrency’s ability to weather macroeconomic shocks much better than previous crises. The analysis shows that Bitcoin only experienced a 26% drop during widespread market sell-offs, far less severe than historical declines of 50%-70% during times like the COVID-19 crash or interest rate shifts.
Bernstein attributes this resilience to increased demand from institutional investors seeking more stable and long-term capital. This suggests that Bitcoin may be shifting its trajectory towards a mature asset within diversified investment portfolios.
The report also emphasizes that while Bitcoin often acts as a barometer for market risk appetite, this characteristic doesn’t diminish its potential over time.