Bitcoin is gaining attention in India as a hedge against financial instability following a stock market downturn that saw $5 trillion wiped from the S&P 500. The recent sell-off occurred after US President Donald Trump announced reciprocal import tariffs on April 2, aiming to address the country’s trade deficit. Despite the market turmoil, Bitcoin’s dip was less significant than traditional markets, showcasing its maturity as a global asset. Marcin Kazmierczak, from RedStone blockchain oracle firm, noted the divergence in Bitcoin’s market positioning during macro shocks. The cryptocurrency remained resilient during the turmoil, trading around $83,600 on April 5. Nexo analyst Iliya Kalchev highlighted Bitcoin’s ability to maintain structural demand even amid market volatility. Analysts suggest Bitcoin may emerge as “digital gold” amid ongoing uncertainty, given its limited supply and decentralized nature. Despite initial price fluctuations, experts project Bitcoin’s price could surpass $132,000 by the end of 2025. This resilience comes as Bitcoin decouples from traditional stocks, potentially strengthening its narrative as a reliable store of value. With growing institutional exposure through Bitcoin ETFs, the cryptocurrency is increasingly influenced by macroeconomic trends. Analysts remain optimistic about Bitcoin’s upside potential, pointing to the growing money supply as a key driver for future price increases. This trend positions Bitcoin as an attractive investment option amid global economic uncertainties.
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