BTC, Less Volatile Than Nasdaq And S&P500... Strengthening Perception As Safe Asset

According to CoinTelegraph, cryptocurrency specialized financial services company Galaxy Digital analyzed that Bitcoin's short-term volatility has fallen below that of major US traditional assets (Nasdaq and S&P500). Galaxy Digital evaluated this as a "signal that Bitcoin is being re-evaluated as a safe asset, moving away from the perception of a high-risk asset in the past."

According to Galaxy Digital, based on the recent 10 trading days, Bitcoin's realized volatility was 43.86, below both S&P500's 47.29 and Nasdaq100's 51.26. This means Bitcoin showed a more stable flow than major stock markets.

Especially after President Trump announced the reciprocal tariffs policy on April 2, the US stock market showed mixed trends, and the Bloomberg dollar index fell by about 4%. Gold prices once surpassed $3,500 per ounce and then fell back, but Bitcoin rose 11% during the same period, showing distinctly differentiated movements from other assets.

Galaxy Digital explained that this trend is similar to Bitcoin's upward pattern during the US-China trade war from 2018 to 2019. Even at that time, with traditional financial markets in chaos, Bitcoin showed a strong recovery, reinforcing its role as a safe asset.

Market experts analyzed that this decrease in volatility and upward trend may not be a simple rebound, but a result reflecting the influx of institutional investors and the transition to safe assets. There are evaluations that Bitcoin's such movements are likely to become more apparent as global economic uncertainty increases in the future.