President Donald Trump’s new tariffs have stirred up the markets, causing fluctuations in both traditional and cryptocurrency markets. Despite these waves, Bitcoin’s relatively stable performance has captured notable attention. Analysts at Bernstein report that Bitcoin’s resilience during this turmoil is markedly stronger compared to past crises. They suggest that even amid recent declines, Bitcoin $93,803 is attracting significant investor interest.
Bernstein: Bitcoin Less Affected Compared to Historical Drops
In a recent note, Bernstein highlighted that the current drop in Bitcoin’s value is relatively contained compared to historical downturns. The note referenced previous crises where Bitcoin’s value plummeted between 50% to 70%, such as during COVID-19 and economic shocks. In contrast, the recent decline stood at only 26%, indicating that new capital entering the market exhibits a stronger and more strategic profile.
Despite Bitcoin’s high volatility, analysts believe it continues to attract investors as an appealing “store of value.” The note stated, “This price movement indicates that the demand for Bitcoin is now coming from stronger capital, suggesting that investors are shifting from short-term speculation to long-term strategies.”
“Bitcoin Strengthens Its Position as Digital Gold”
Bernstein’s analysts argue that Bitcoin is not just an investment vehicle, but also the “probabilistic gold” of the digital age. They noted that Bitcoin’s liquidity and volatile nature compared to traditional gold make it particularly attractive during uncertain times. “Bitcoin behaves like a more volatile, easily tradable version of gold,” they stated.
This perspective encourages investors who believe in Bitcoin’s long-term potential, independent of its short-term fluctuations. As volatility in traditional markets increases, the likelihood of Bitcoin being chosen as an alternative safe haven grows, representing a significant shift in the perception of the cryptocurrency market.

As the markets face turmoil, Bitcoin, which dropped to $74,500, was trading at $78,866, reflecting a 3.61% increase in the past 24 hours when this report was prepared.