PANews reported on April 21 that Bitfinex Alpha's latest report pointed out that Bitcoin has shown remarkable resilience during one of the most turbulent periods of macroeconomic-driven uncertainty in recent years. Despite a 32% drop from its high in January, Bitcoin remains consistent with historical corrections in the middle of previous bull market cycles. When the US stock market and Treasury bonds were extremely volatile (VIX index broke 40 for the first time in five years), Bitcoin rebounded more than 16% from its lows, outperforming most traditional risk assets. The rebound coincided with gold hitting a record high, reinforcing the view that Bitcoin is a digital macro hedge tool. Against the backdrop of global deglobalization, trade conflicts and capital outflows from the stock market, Bitcoin and gold are increasingly seen as global neutral value stores. Since April 2, Bitcoin has performed more like gold, rebounding strongly when broad markets struggled with tight liquidity and policy uncertainty. At the same time, the US economy is in a delicate and turbulent situation, facing trade policy uncertainty, inflation risks and changes in consumer behavior. Last week, the cryptocurrency sector was swept by a wave of adoption and innovation. Tether made a strategic investment in Fizen, aiming to promote stablecoins through user-friendly tools; Canary Capital applied to the SEC to launch a TRON ETF with a pledge component to expand crypto investment products; Panama City announced that it would accept cryptocurrencies such as Bitcoin to pay taxes and municipal fees.