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Bitcoin Holds Steady Amid Market Decline

9 Apr 2025by CryptoJazz Admin1 min read79 views
Bitcoin Holds Steady Amid Market Decline

⬛Despite the global downturn in stock markets triggered by new U.S. trade tariffs, Bitcoin has shown relative resilience. From April 2 to April 9, its price fell by 14%, a drop comparable to that of the S&P 500 and NASDAQ 100. Experts note that BTC is behaving like a defensive asset, similar to gold, and may further solidify this reputation.

⬛However, analysts warn of potential further declines if trade tensions escalate. Still, the long-term outlook remains positive — if the situation stabilizes, Bitcoin could make a move back toward the $100,000 mark.

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