Chart of the Week: Tariff Carnage Starting to Fulfill BTC's 'Store of Value' Promise
April 2025 has seen extreme volatility in financial markets due to tariff announcements by President Trump, prompting investors to seek refuge in safe-haven assets. Traditionally, gold and the Swiss Franc have been reliable options, but bitcoin is increasingly being recognized as a non-sovereign store of value amid this uncertainty. NYDIG's research indicates that since Trump's 'Liberation Day' announcement on April 2, bitcoin has emerged as a viable alternative when traditional safe havens failed to protect investor interests. It is gaining traction as a store of value, fulfilling its foundational promise to thrive during turbulent market conditions. As the situation unfolds, many market participants are taking note of bitcoin's potential, indicating a shift in investor sentiment towards digital assets alongside traditional ones during economic turmoil.
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