Bitcoin Shows Greater Resilience to Economic Shocks Compared to Traditional Markets, 2026/03/30 10:09:18

Analysts from the cryptocurrency asset management firm Bitwise have stated that Bitcoin exhibits reduced vulnerability to global economic and political risks compared to conventional financial instruments.

According to their assessment, the leading cryptocurrency has largely adapted to the effects of tightening monetary policy, while traditional markets are just beginning to factor these elements into their pricing.

Increased geopolitical tensions have also exerted additional pressure on global markets. Disruptions in energy supply due to the conflict between the U.S. and Iran have led to rising oil and gas prices, heightening inflationary risks and impacting expectations regarding the future actions of the U.S. Federal Reserve (Fed).

Changes in expectations have also been reflected in prediction markets, including Polymarket and Kalshi. The likelihood of a rate cut this year has diminished: market participants now estimate the chances of maintaining the current rate at approximately 38%, compared to around 3% previously.

“The rise in energy prices has prompted a reassessment of expectations: forecasts for rate cuts have shifted to expectations of further tightening,” noted Bitwise.

The analysts added that assets that have already experienced significant declines in valuations typically become less sensitive to further drops due to reduced leverage and speculative positions. Conversely, markets near cyclical peaks maintain a higher level of vulnerability.

They assessed that amid the increasing dominance of Bitcoin, the correlation among altcoins is strengthening, indicating their performance is becoming more dependent on the movements of the leading cryptocurrency.

Previously, analysts at Charles Schwab reported that the current volatility of Bitcoin is nearly half of what it was five years ago. In 2025, the historical volatility figure stood at around 42%, down from 80% in 2021.