Bitcoin Stays Strong Despite Stock Market Downturn and Potential Bond Market Risks

Despite a decline in global markets, including the Nasdaq which has dropped 11% due to trade tensions initiated by President Trump, Bitcoin (BTC) has remained relatively stable above $80,000. Many investors see Bitcoin as a potential safe haven asset during uncertain times. However, risks in the US bond market, similar to those observed during the 2020 COVID-19 crash, could pose challenges to this stability. Experts believe that if the global financial landscape remains unstable, Bitcoin may become a long-term safe-haven asset. They also see the potential for Bitcoin to serve as a hedge against larger economic risks.