US stock market in dire straits… Will Bitcoin become a haven?

As U.S. stock prices have plummeted and global financial markets have been affected, cryptocurrencies such as Bitcoin, a representative risk asset, have suddenly emerged as a safe haven.
Recently, crypto assets and U.S. stock prices have been coupled. On the 3rd, when U.S. stock prices all plummeted, crypto assets also plummeted.
However, on the 4th, a decoupling phenomenon occurred. When US stock prices plummeted again, cryptocurrencies such as Bitcoin rallied all at once. In the case of Ripple,
It soared by more than 4%. Crypto assets are riskier assets than stocks. Given how volatile the U.S. stock market is, crypto assets, which are riskier assets than stocks, have suddenly emerged as a safe haven.
What happened? This clearly shows the seriousness of the US stock market. President Trump announced the tariffs on the 2nd. Then, on the 3rd and 4th, the US stock market plummeted. On the 3rd, the Dow fell 3.
The Dow fell 5.50, the S&P 500 fell 4.84%, and the Nasdaq fell 5.97%. The decline was large on the 4th. This was due to China imposing retaliatory tariffs.
The Nikkei 225 fell 5.97% and the Nasdaq fell 5.82%. The drop on the 4th was the biggest since June 2020, when the COVID-19 pandemic began in earnest. The Nasdaq in particular fell more than 10% in two days.
As a result, the Nasdaq plunged more than 22% from its all-time high, and entered a bear market. The S&P 500 also plummeted 17% from its all-time high, and was on the brink of entering a bear market.
The Dow, which includes economic defense stocks, is performing relatively well and still has room to maneuver. Technology stocks, which have been driving the rise of the U.S. stock market, have fallen particularly sharply.
Apple's decline was the biggest. Apple plunged 9% on the 3rd, and then plunged more than 7% on the 4th, causing its market capitalization to collapse by $3 trillion.
Companies have disappeared. What's more, US stock prices are likely to fall further. Following China, other countries, including the EU, are expected to impose retaliatory tariffs. President Trump has warned that if the other party retaliates, he will have to pay the US $100,000.
If the two sides agree to a trade war, they will impose additional tariffs of higher rates. The trade war has only just begun. Unless President Trump stops the tariff bomb, US stock prices are likely to fall further.
On the contrary, Bitcoin, a representative risk asset, rose for a time. In contrast, a very meaningful episode occurred in the U.S. stock market on the 3rd of last month, which was the first chapter after the tariff bomb was dropped.
A sword appeared. While almost all stock prices plummeted, Coca-Cola hit a new all-time high. This is because Coca-Cola is a typical defensive stock. In fact, the worse the economy, the higher the Coca-Cola
Coke tends to rise. When the U.S. economy goes into recession, American workers often forgo expensive drinks and ease the pain of the recession with a glass of Coke. This has led to Coca-Cola's
Sales will rise. The initial reaction of the US stock market immediately after the tariff bomb is very symbolic. As long as President Trump insists on tariffs, a fall in the US stock market is inevitable.
It's a prospect.