Experts from Bernstein have noted the increasing resilience of Bitcoin amid the crash that occurred on April 6-7, 2025. According to them, the asset demonstrated better resilience compared to previous crisis phases, indicating a growing participation of institutional capital in the market of the most popular cryptocurrency.
This is reported by Finway
During the mentioned days, the price of Bitcoin experienced a decline; however, this drop was less significant than in previous instances, amounting to about 26% from its all-time high. Analysts believe this reflects high demand for Bitcoin from more stable investors.
Moreover, despite the close correlation of Bitcoin with the stock market, which is expressed in its reaction to macroeconomic changes, it remains an effective hedge asset. Bernstein believes that Bitcoin, in a certain sense, is becoming a “golden” alternative, demonstrating volatility and liquidity.
“In our opinion, Bitcoin over time is a probabilistic ‘gold’. It trades as a more volatile and liquid variation of gold.”
It is worth noting that the crash in the stock market also affected precious metals. If at the beginning of April gold reached a price of $3163.25 per ounce, then on Monday, April 6-7, its value fell to $2976.1, confirming the overall trend in the market.