Bitcoin (BTC) consolidated its recent gains on Tuesday, cooling slightly below the $96,500 psychological barrier after a strong rally earlier in the week. Despite heightened volatility in traditional equity markets stemming from renewed uncertainties surrounding US international tariff negotiations—particularly concerning key trading partners—the cryptocurrency sector displayed remarkable resilience.
Market observers noted that the anticipated negative correlation between macro geopolitical risks and Bitcoin has failed to materialize significantly. This decoupling suggests that institutional investors are increasingly viewing BTC not merely as a high-risk asset, but as a maturing hedge against fiat currency instability and global economic turbulence.
Analysts point to continuous, robust inflows into spot Bitcoin exchange-traded funds (ETFs) and strong underlying HODLer sentiment as primary drivers cushioning price drops. BTC spent much of the trading day oscillating between $95,800 and $96,450. The immediate focus now shifts to maintaining support above the $95,000 level, which is critical for paving the way toward breaking the current all-time high resistance zone. The market’s current poise demonstrates a growing institutional confidence that outweighs temporary macroeconomic jitters.
Source: Bitcoin cools near $96.5K as markets shrug off US tariff uncertainty
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