On April 16, Bitcoin has fallen 16.7% since the U.S. tariff announcement, rebounding from its lowest point of 26.7%. Although the decline eased from earlier lows, Bitcoin still lags behind most traditional assets:
Gold: +12.9%
Silver: -4.8%
USD Index: -4.8%
S&P 500: -13.8%
Bitcoin: -16.7%
Nasdaq: -17.5%
Despite the large volatility of Bitcoin, its decline is currently between Nasdaq and oil, indicating a partial recovery, but it still does not show the characteristics of a safe-haven asset.
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