Leading cryptocurrency Bitcoin (BTC) has been on a strong recovery lately. In this strong recovery, BTC is showing signs of decoupling from traditional risky assets and emerging as a reliable store of value during market volatility. At this point, Bitcoin's recent behavior highlights its tendency to act independently of traditional assets in times of uncertainty. Bitcoin has emerged as a store of value, decoupling from traditional financial assets amid U.S. President Donald Trump’s tariff war and increasing policy turmoil, Greg Cipolaro, global head of research at crypto lender NYDIG, said in a recent report. Cipolaro noted that while BTC has decoupled from U.S. equities and is now behaving more like a non-sovereign store of value like gold, a typical safe-haven asset, it is still early days. This shift between Bitcoin and traditional risk assets was particularly evident following President Trump’s “Liberation Day” tariff announcements on April 2, which triggered a sense of risk aversion in financial markets. Cipolaro also noted that traditional safe-haven assets like gold and the Swiss franc remain resilient, and BTC has carved out a niche among investors looking for alternatives to U.S. assets. Cipolaro added that despite Bitcoin’s recent gains, there are few signs that the market is overheating and the recovery is still in its early stages. While BTC’s $1.8 trillion market cap is significantly smaller than gold’s $22 trillion, Cipolaro emphasized that BTC differs from other cryptocurrencies that are primarily focused on decentralized applications rather than serving as a store of value. *This is not investment advice. Continue Reading: Bitcoin (BTC) Rises from the Ashes under Trump Presidency! NYDIG's Most Talked About Report!
