Bitcoin has demonstrated resilience amid market volatility, particularly against the backdrop of U.S. President Trump's tariffs impacting major tech firms, known as the 'Magnificent Seven'. As of April 7, 2025, the price of Bitcoin has strengthened against an ETF that tracks these top tech stocks, suggesting a favorable divergence. One Bitcoin could buy about 1,993 shares of this ETF, a significant increase from 1,756 shares a year prior when Bitcoin's value was $69,000. Despite fluctuations and recent negative sentiment due to tariff concerns, Bitcoin's relative strength has reached a yearly high, increasing 13.5% over the past year. However, the cryptocurrency experienced a drop to around $78,565 on Monday, with market participants questioning its potential as a long-term store of value amid ongoing economic turmoil. Analysts noted that while Bitcoin may not always provide short-term protection, it has historically rebounded from macroeconomic shocks. The S&P 500 has faced substantial declines, further highlighting Bitcoin's contrasting performance amid the current market chaos.

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