Bitcoin Dips Despite Macro Relief as Crypto Ignores TradFi Peace Treaties

While traditional markets cheered the U.S.-China tariff ceasefire, Bitcoin shrugged—sliding 2.3% as the crypto market demonstrated its signature detachment from mainstream financial narratives.

Decoupling in action

The divergence highlights crypto’s evolving role as a non-correlated asset—even when ’good news’ should theoretically boost risk appetite. TradFi analysts scramble to update their PowerPoint slides.

Liquidity trumps geopolitics

With BTC’s price action still dominated by ETF flows and leverage flushes, macro developments now rank below whale wallet movements and Coinbase order books in market hierarchy. So much for ’digital gold.’

Another reminder that when Wall Street zigs, crypto either zags or takes a nap—because fundamentals are just someone else’s technicals.