NYDIG: Bitcoin rises over 10% since Trump's so-called "Liberation Day," initially demonstrating non-sovereign value storage attributes
PANews, April 28 - According to CrowdfundInsider, the latest research report by the New York Digital Investment Group (NYDIG) indicates that amidst the current economic and geopolitical uncertainties, Bitcoin is initially exhibiting characteristics of a non-sovereign value storage tool. The report mentions that since Trump's so-called "Liberation Day" on April 2, 2025, the U.S. dollar and long-term U.S. Treasury bonds have performed weakly, while gold, the Swiss franc, and Bitcoin have gained market favor. Meanwhile, as the U.S. stock market declined, Bitcoin has counter-trended with a 10.3% increase, indicating a decoupling from traditional risk assets.
NYDIG emphasizes that although this trend is still in its early stages, the current data is insufficient to confirm that Bitcoin's role as a safe haven asset has been widely accepted by the market. However, given the current increase in structural volatility in the market and investors' weakened confidence in traditional safe-haven assets, Bitcoin may become one of the choices for investors seeking alternative value storage methods.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC Surpasses $95,000
A Whale's Losses from Shorting ETH Increase, Total Loss Reaches $413,000
AAVE Breaks Through $170
PancakeSwap: Version v4 Will Be Renamed to PancakeSwap Infinity
Trending news
MoreCrypto prices
More








