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Bitcoin has escaped a trade war and is showing signs of getting rid of the gravity of technology stocks."

Internet reports that in the turmoil in financial markets over the past few days, Bitcoin is showing signs of escaping the gravity of technology stocks. Since the pandemic, Bitcoin has maintained a highly positive correlation with the Nasdaq 100 Index, and its movements are usually synchronized with the benchmark index. But on Friday, Bitcoin actually rose about 1% to around $83,300, while the Nasdaq 100 index fell for a second consecutive day due to Trump's tariffs. Augustine Fan, partner at SignalPlus, a cryptocurrency trading solutions platform, said: "We believe Trump's aggressive move has accelerated a re-examination of Bitcoin's long-term value in investment portfolios, as the reset of global order has significant medium-term implications for the United States as a capital destination." Bohan Jiang, Abra's head of over-the-counter options trading, said: "Bitcoin is not a targeted target in the global trade war, and coupled with the current U.S. government policies that have effectively enforced de-dollarization, I think we may be counterintuitively seeing that volatility in the Bitcoin space will diminish relative to everything else."

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