The US dollar index (DXY) has fallen below 100 and gold has increased to the new maximums of all time, since growing tariffs have increased world economic uncertainty. Consequently, asset prices have received success, mainly in the technological sector and cryptocurrencies.
Since it reached its historical maximum of $ 109,000 in January, Bitcoin (BTC) has decreased approximately 26%. Compared to the “magnificent seven” technological actions, Bitcoin reduction is just in the middle, indicating its growing expiration as an asset.
Tesla (TSLA) is currently the worst performance, almost 50% since its peak. Nvidia (NVDA) continues with a 31%drop. Apple (AAPL), Bitcoin, Meta (Meta), Google (Goog) and Amazon (AMZN) have decreased around 26%, while Microsoft (MSFT) stands out with a relatively modest dismissal of 18%.
To highlight Bitcoin’s resilience in this current correction of 3 months, it is comparing it with a similar period during its 2021 recession, from November 2021 to February 2022, when 45% collapsed from $ 69,000 to $ 38,000. At that time, Bitcoin was the worst performance among the main technological names, although Tesla also suffered significantly.
This comparison underlines how Bitcoin has become more resistant over time as its market cycles advance and the asset continues to mature.
