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Image Credit: Coin Telegraph

Bitcoin, showing 'signs of resilience,' beats stocks, gold as equities fold — Binance

  • Bitcoin is showing "signs of resilience" amidst the global market sell-off after US President Donald Trump imposed tariffs.
  • Bitcoin is up almost 1% while stocks and gold are struggling, with the S&P 500 remaining flat and gold futures down 1.5%.
  • Bitcoin's supply of long-term holders is rising, indicating conviction and limited capitulation during volatility.
  • Bitcoin's correlation with gold is low, averaging 0.12, while its correlation with equities is stronger at 0.32.

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