Connect with us
DAPA Banner

Crypto World

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

Published

on

(Mercado Bitcoin)

Bitcoin tends to outperform traditional safe haven assets like gold in the two months following major global crises, according to new analysis from Brazilian crypto exchange Mercado Bitcoin.

The study, led by Rony Szuster, head of research at the Latin American crypto platform, examined 60-day windows after economic or geopolitical shocks such as the COVID-19 outbreak and U.S. tariff escalations. Bitcoin posted stronger returns than both gold and the S&P 500 in each of the periods analyzed.

In April last year, after the Trump administration announced sweeping tariffs, the price of bitcoin jumped 24% over the following 60 days. Gold rose 8%, and the S&P 500 gained 4%, the firm found.

A similar pattern emerged at the onset of the COVID-19 pandemic in March 2020, when BTC rose 21%, while the other assets trailed.

Advertisement
(Mercado Bitcoin)

Szuster cautioned that judging bitcoin’s performance too soon after a crisis can be misleading.

“It’s like watching the first few minutes of a movie and thinking you already know how it ends,” he said. “In moments like this, investors sell positions to reduce risk or raise cash, and even defensive assets can fall.”

That happens as investors scramble for liquidity, yet bitcoin has consistently bounced back, the firm found. The pattern appears to be repeating in the current U.S.-Iran conflict, where bitcoin is the only one of the three assets in positive territory so far, according to Szuster.

Data backs this up. Since the war started, bitcoin has risen by more than 2.2%, from around $65,800 to $67,300 at the time of writing. Gold, the traditional safe haven, has meanwhile dropped around 11%, while the S&P lost 4.4% of its value in the index’s steepest monthly drop since 2022.

Despite its volatility, bitcoin was the best-performing asset over the past decade, he added.

Advertisement

Read more: Bitcoin’s recent crash to $60,000 warned stocks first – now they’re following

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

Published

on

Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

Social media bearishness around Bitcoin has reached its highest level since the end of February, according to crypto sentiment platform Santiment.

“FUD has crept back in with the community showing a key lack of optimism,” Santiment said in an X post on Saturday, adding that it is “usually a common ingredient for prices rebounding.” 

The data comes from a large sample of crypto-focused social media accounts and tracks the ratio of bullish to bearish Bitcoin (BTC) comments across X, Reddit, and other social media platforms.

Markets move in “opposite direction,” says Santiment

On Saturday, the ratio of bullish to bearish Bitcoin comments stood at 0.81, the lowest level since Feb. 28.

Advertisement
Santiment data shows there are approximately 5 bearish comments for every 4 bullish comments. Source: Santiment

Bitcoin holders often look at broader market sentiment to guide buying and selling decisions. When sentiment is low, most expect more downside, and when optimism picks up, traders start to expect further upside.

However, Santiment said the market often moves in the opposite way. “Markets typically move in the opposite direction of the crowd’s expectations,” Santiment said. “A high level of FUD like this is a good sign that things can turn positive sooner rather than later,” Santiment added.

Bitcoin is trading at $67,100 at the time of publication, down 5.53% over the past 30 days, according to CoinMarketCap.

Bitcoin is down 5.47% over the past 30 days. Source: CoinMarketCap

Santiment pointed to the US CLARITY Act, which is a highly anticipated piece of legislation that the crypto industry is watching closely, as a potential “what-if” catalyst holding back Bitcoin’s price. 

Crypto market sentiment stays in “Extreme Fear”

On Wednesday, Coinbase chief legal officer Paul Grewal said the legislation is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup.

Related: Rich Bitcoin traders lost $337M daily in first quarter of 2026

Advertisement

Other indicators suggest that investors are taking a cautious approach to the crypto market.

The Crypto Fear & Greed Index, which measures overall crypto market sentiment, has stayed within “Extreme Fear” territory, posting a score of 12 on Sunday.

Magazine: Bitcoin 85% crashes ‘done,’ CLARITY Act speculation mounts: Hodler’s Digest, Mar. 29 – April 4