Odaily Planet Daily News Matrixport released today's chart saying that despite the continued adjustment of the stock market, Bitcoin has performed relatively steadily, which may be attributed to the low market activity. The current funding rate is only slightly above zero, and retail trading volume has fallen back to the low point of the summer of 2024.
Even if today's tariff policy announcement may bring some volatility, Bitcoin is expected to generally follow the stock market. Given the current market positions, Bitcoin is less likely to have a large Beta reaction.
Therefore, in terms of hedging needs, Bitcoin traders may find better options in equity options, after all, Bitcoin's implied volatility is still much higher than the stock market.