Bitcoin Outperforms Nasdaq and US Dollar Since ’Liberation Day’, Signaling Strong Shift in Investor Sentiment to Crypto
Since the US ’Liberation Day’ tariff announcement, Bitcoin has shown strong outperformance against both the Nasdaq 100 Index and the US dollar. Head of Research at CoinShares, James Butterfill, highlighted Bitcoin’s 15.9% lead over the Nasdaq, underscoring its appeal as a decentralized digital asset. Investors are increasingly favoring Bitcoin and other cryptocurrencies amid inflation concerns and global economic uncertainty, viewing them as a hedge against fiat currency devaluation and risks in traditional financial systems. Institutional adoption continues to rise, intensifying the shift in market sentiment. Crypto traders interpret Bitcoin’s relative strength as an indicator for potential further price gains, particularly as confidence in fiat and equity markets faces ongoing pressure. The evolving role of cryptocurrencies in diversified portfolios is becoming more pronounced.
Bullish
The news indicates that Bitcoin is outperforming traditional equity indexes and the US dollar, fueled by growing institutional adoption and shifting investor sentiment. With inflation and macroeconomic uncertainty undermining confidence in fiat assets, traders are increasingly viewing Bitcoin as both a hedge and a growth asset. Historically, such trends and heightened institutional interest have led to upward price momentum in the short term, while longer-term adoption and representation in diversified portfolios can sustain the bullish trend. This combination of outperforming benchmarks and broadening acceptance supports a bullish outlook for Bitcoin.