Summary
- "Bitcoin has moved away from the significant declines during past macroeconomic turmoil, recently showing a reduced decline of 26%."
- "The report emphasized that Bitcoin is gradually establishing itself as a means of risk hedging."
- "Despite Bitcoin's high price volatility, it is still regarded as a store of value like gold."

Despite the sharp decline in risky assets due to U.S. President Donald Trump's tariff policy, an analysis has emerged that Bitcoin (BTC)'s resilience is at an impressive level.
According to The Block on the 8th (local time), Bernstein reported that "both the U.S. stock market and the virtual asset (cryptocurrency) market experienced significant declines due to President Trump's tariff policy," but "Bitcoin's resilience is impressive." It further stated, "In the past, Bitcoin showed a 50%~70% decline when macroeconomic turmoil occurred, but recently it has only shown a 26% decline," indicating that Bitcoin is gradually establishing itself as a means of risk hedging.
Additionally, the report stated, "The high volatility of Bitcoin does not negate its value as a store of value," and "Bitcoin is an asset like 'gold.' It simply has higher volatility and liquidity than gold."

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)

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