21Shares: If Bitcoin continues to decouple from Nasdaq, it may be favored by institutional investors seeking to avoid U.S. stocks

PANews reported on April 5th, according to CoinDesk, after the Nasdaq index plunged 6% on Thursday, it fell another 5% during Friday's trading session. However, the price of Bitcoin has remained around $83,000, outperforming related stocks in the crypto industry. Since President Trump announced his tariff plan Wednesday night, Bitcoin's price has only fallen by 3.5%.

David Hernandez from digital asset management company 21Shares stated that Bitcoin has shown impressive resilience and solidified its position as a hedging tool during periods of macroeconomic pressure. If this decoupling continues, it may indicate that BTC will increasingly be favored by institutional investors seeking to avoid turbulent stock markets.