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21Shares: If Bitcoin and Nasdaq continue to decouple, it may be favored by institutional investors who avoid US stocks
According to CoinDesk, the Nasdaq index fell another 5% in intraday trading on Friday after plunging 6% on Thursday, but the price of bitcoin has remained at around $83,000, outperforming crypto-related stocks such as Coinbase and Strategy. Since President Trump announced the tariff package on Wednesday night, the price of bitcoin has only fallen by 3.5%. David Hernandez, a crypto investment expert at digital asset management firm 21Shares, said bitcoin has shown impressive resilience.
2025-04-05 09:51:00
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