Bitcoin Holds Strong as U.S. Market Suffers Major Setback
A dramatic downturn erupted in the stock market on Thursday after President Trump’s announcement regarding reciprocal tariffs. The S&P 500 took a hit, closing nearly 5% lower, while the Nasdaq suffered an even greater decline of nearly 6%. In the midst of this turmoil, Bitcoin has exhibited resilience, holding steady above critical support levels. This contrast raises questions about Bitcoin’s position as a safe haven amid equity market fluctuations. Will Bitcoin continue to withstand external pressures?