Despite the turmoil caused by Donald Trump’s tariffs in the digital and traditional currency markets, Bernstein analysts believe that Bitcoin’s flexibility has been remarkable. Referring to historical data, they pointed out that this leading digital currency experienced 50 to 70 percent declines in previous critical periods, such as market panic from COVID and interest rate shocks. However, the current price performance, a 26 percent decrease, indicates high demand for Bitcoin. Analysts argue that Bitcoin serves as a long-term store of value in the digital world. They describe Bitcoin as a ‘potential gold’ over time, adding that ‘it trades like a version with more volatility and higher liquidity than gold.’ Currently, Bitcoin is trading slightly above $79,000.
