Tariffs Tank Stocks: Is Crypto the Safe Haven Investors Need?
Dow, Nasdaq, S&P 500 dip as retailers clash over tariffs. Could Bitcoin be the hedge investors seek?
On May 20, 2025, major U.S. stock indices fell, with the Dow Jones down 0.26% to 42,679.23, the S&P 500 off 0.36% to 5,942.07, and the Nasdaq slipping 0.44% to 21,353, as retailers like Walmart and Home Depot voiced conflicting views on tariff impacts, per Crypto News. Walmart warned of price hikes for consumers, while Home Depot downplayed concerns, citing manageable costs. Consumer sentiment hit a near-record low of 50.8, reflecting tariff fears. Meanwhile, Bitcoin rose 0.98% to $106,323, showing resilience amid stock market jitters. Posts on X suggest investors are eyeing crypto as a hedge against trade war uncertainty. For beginners, this highlights crypto’s potential as a safe haven during stock volatility, but Bitcoin’s high correlation with equities means it’s not immune to broader market drops. Diversify cautiously, monitor tariff talks, and watch Bitcoin’s $100,000 support level for stability.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
