Bitcoin (BTC) Rises from the Ashes Under Trump's Presidency! A Report from NYDIG That Will Generate Much Discussion!

The leading cryptocurrency Bitcoin (BTC) has been experiencing a strong recovery recently. In this strong recovery, BTC shows signs of decoupling from traditional risky assets, emerging as a reliable store of value during market surges.

At this point, Bitcoin’s recent behavior highlights its tendency to move independently from traditional assets during periods of uncertainty.

The head of global research at the cryptocurrency lending institution NYDIG, Greg Cipolaro, stated in a recent report that Bitcoin has emerged as a store of value, separating itself from traditional financial assets amid U.S. President Donald Trump’s tariff war and increasing political turmoil.

Cipolaro noted that BTC has diverged from U.S. stocks and now behaves like a sovereign non-currency store of value, similar to gold, while also adding that it is still early for this.

This shift between Bitcoin and traditional risky assets became particularly pronounced following President Trump’s “D-Day” tariff announcements on April 2, triggering a risk-averse sentiment in financial markets.

Cipolaro also noted that traditional safe-haven assets such as gold and Swiss francs remained resilient, and that BTC has created a niche among investors looking for alternatives to U.S. assets.

Cipolaro also added that despite Bitcoin’s recent gains, there are very few signs that the market is overheating and that the recovery is still in its early stages.

Although BTC’s market value of 1.8 trillion dollars is significantly smaller than gold’s value of 22 trillion dollars, Cipolaro emphasized that BTC is different from other cryptocurrencies that primarily focus on decentralized applications rather than serving as a store of value.