The recent decline in the Crypto Assets market may be related to the panic selling triggered by the previous transfer of BTC for the Mt.Gox debt repayment, while Trump's remarks about an impending economic recession have also impacted the stock and Crypto Assets markets.
From a macro perspective, the current correlation between Bitcoin and the Nasdaq remains around 40%. However, Bitcoin is becoming increasingly polarized from ETH and other altcoins; Bitcoin is more like a tool for hedging economic uncertainty and the current U.S. tariffs, while altcoins, including Ethereum, are still tied to the technology sector and the Nasdaq market dominated by tech stocks. Moreover, in the long run, Bitcoin's role as a tariff hedging tool may strengthen, especially when tariffs trigger economic instability. #AI Agents技术浪潮
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The recent decline in the Crypto Assets market may be related to the panic selling triggered by the previous transfer of BTC for the Mt.Gox debt repayment, while Trump's remarks about an impending economic recession have also impacted the stock and Crypto Assets markets.
From a macro perspective, the current correlation between Bitcoin and the Nasdaq remains around 40%. However, Bitcoin is becoming increasingly polarized from ETH and other altcoins; Bitcoin is more like a tool for hedging economic uncertainty and the current U.S. tariffs, while altcoins, including Ethereum, are still tied to the technology sector and the Nasdaq market dominated by tech stocks. Moreover, in the long run, Bitcoin's role as a tariff hedging tool may strengthen, especially when tariffs trigger economic instability. #AI Agents技术浪潮