NYDIG: Bitcoin has risen more than 10% since Trump's so-called 'Liberation Day', showing preliminary non sovereign value storage properties

PANews|Apr 28, 2025 03:47
According to CrowdfundInsider, the latest research report from New York Digital Investment Group (NYDIG) points out that in the current context of increasing economic and geopolitical uncertainty, Bitcoin is beginning to exhibit characteristics of a non sovereign value storage tool. The report mentioned that since Trump's so-called "Liberation Day" on April 2, 2025, the performance of the US dollar and long-term US bonds has been weak, while gold, Swiss francs, and Bitcoin have gained market favor. While the US stock market has fallen, Bitcoin has risen 10.3% against the trend, showing a trend of decoupling from traditional risk assets.
NYDIG emphasizes that although this trend is still in its early stages, the current data is not sufficient to confirm that Bitcoin's role as a safe haven asset has been widely accepted by the market. However, considering the increasing structural volatility in the current market and the weakening confidence of investors in traditional safe haven assets, Bitcoin may become one of the choices for investors seeking alternative value storage methods.
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