NYDIG Research Report: BTC has risen by more than 10% since Trump's "Liberation Day", showing the attributes of non-sovereign value storage
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04-28 13:18
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According to Crowdfundinsider, the latest research report of New York Digital Investment Group (NYDIG) pointed out that against the current context of increasing economic uncertainty, Bitcoin is initially showing the characteristics of a non-sovereign store of value. The report mentioned that since the so-called Trump "liberation day" on April 2, 2025, the US dollar and long-term U.S. bonds have performed weakly, while gold, Swiss francs and Bitcoin have gained market favor. While US stocks fell, Bitcoin has risen 10.3% against the trend, showing a trend of decoupling from traditional risk assets. NYDIG stressed that although this trend is still in its early stages, the current data is not enough to confirm that Bitcoin’s role as a safe-haven asset has been widely accepted by the market. However, given the rising structural volatility of the current market and the weakening of investors' confidence in traditional safe-haven assets, Bitcoin may become one of the options for investors seeking alternative means of store of value.
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