Singaporean trading company QCP Capital has published a new analytical report emphasizing Bitcoin's surprising resilience amid escalating trade tensions between the US and China. Despite significant market turbulence caused by recent geopolitical events, Bitcoin has managed to maintain its price above the critical level of $102,000, indicating the growing maturity of the cryptocurrency market.
On May 30, 2025, US President Donald Trump announced the expansion of technological sanctions against China as well as a doubling of tariffs on steel to 50%. These measures triggered a massive sell-off of risk assets worldwide, including cryptocurrencies, as investors reacted to increased economic uncertainty. China responded with countermeasures, imposing tariffs of 34% on all American goods, further increasing market volatility. The Chinese stock market experienced its largest single-day drop since 2008, and in the cryptocurrency market, positions in Bitcoin and Ethereum were liquidated for over $800 million in one day.
Despite these challenges, QCP Capital notes that Bitcoin demonstrated remarkable stability by staying above the $102,000 mark. The report attributes Bitcoin's resilience to its growing correlation with traditional risk assets during periods of macroeconomic stress while retaining a certain degree of independence. The company analysts point to the compression of short-term volatility and the rebalancing of options markets: funding rates for perpetual contracts have returned to neutral levels, indicating a reduction in speculative leverage. This suggests that the market is becoming more resilient to external shocks.
QCP Capital emphasizes that Bitcoin's resilience amid the trade war reflects its growing role as a safe-haven asset and hedging tool. Analysts suggest that further escalation of the conflict could enhance institutional investors' interest in cryptocurrencies as alternative assets, especially in times of global instability. However, in the short term, market volatility will persist as investors continue to assess the impact of trade restrictions and their effects on the global economy.
The QCP Capital report highlights Bitcoin's unique ability to maintain stability amid global economic upheaval. Maintaining a price above $102,000 amid the US-China trade war demonstrates the maturity of the cryptocurrency market and its potential for further growth. Investors are advised to remain cautious, considering the ongoing uncertainty, but the current dynamics confirm that Bitcoin remains a key asset in times of macroeconomic instability.