Analyst ‘genuinely shocked’ Bitcoin’s price isn’t crashing like stocks – DL News
- Donald Trump’s tariff war has sent financial assets into disarray.
- Bitcoin has remained staunchly above $83,000, while gold is down 2.5%.
- “Genuinely shocked,” said Bloomberg ETF expert James Seyffart.
While traditional financial assets get pushed off a cliff by Donald Trump’s tariff war, Bitcoin has avoided as painful a drop.
In fact, the top cryptocurrency rose 2% to $83,900 in the past 24 hours.
“[I’m] genuinely shocked a bit by Bitcoin’s resilience,” said Bloomberg ETF expert, James Seyffart on X. “Would not have guessed it would hold above $80k in this type of broader market selloff of risk assets.”
The contrarian price action comes as financial markets get walloped.
The S&P 500, which tracks the 500 largest publicly…
