BREAKING
311d 14h ago

Bitcoin Demonstrates Resilience as U.S. Stock Market Plummets Over 4%

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent market observations, on April 5th, Bitcoin exhibited notable resilience amid a significant downturn in the U.S. stock market. While all three major U.S. indexes experienced declines exceeding 4% intraday, Bitcoin defied expectations by achieving a modest rise of 1%. This behavior highlights Bitcoin’s potential as a store of value during periods of market turbulence. Investors are increasingly viewing cryptocurrency as a hedge against traditional market volatility. As market participants continue to seek alternatives amidst economic uncertainty, Bitcoin’s emergent strength may redefine its role in diversified investment strategies. Such dynamics reinforce the importance of monitoring market trends in both cryptocurrency and equities, as the correlation—or lack thereof—between these assets can serve crucial implications for portfolio management.

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