Bitcoin’s Resilience Amidst Market Volatility

Cryptocurrency markets have recently experienced turbulence as a 100% customs duty on goods imported to China comes into effect. This new policy has fueled fears, leading some investors to withdraw from high-risk assets and contributing to market instability. However, Bitcoin, despite this volatility, demonstrates remarkable resilience. Willy Woo, a prominent blockchain expert, points to Bitcoin’s continued stability, citing its internal Blockchain activity as a stabilizing force.