CryptoQuant: BTC has fallen 16.7% since the tariff announcement, underperforming traditional assets such as gold and the U.S. dollar

According to CryptoQuant data, the price of bitcoin has fallen by 16.7% since the tariff announcement. Although it has recovered from the previous low of 26.7%, it still lags behind the performance of most traditional assets. During the same period, gold rose 12.9%, the silver and dollar indices both fell 4.8%, the S & P 500 index fell 13.8%, and the Nasdaq fell 17.5%. Despite the volatility, bitcoin is currently falling between the Nasdaq and crude oil, showing some signs of recovery, but has not yet shown the characteristics of a safe-haven asset.