$BTC Trade war calls into question Bitcoin's status as a safe-haven asset

"BTC has always had two key narratives:" a risky asset in the short term, sensitive to liquidity expectations, but also a store of value in the long term.

A few years ago, many in the crypto community described Bitcoin as a "safe-haven asset." Nowadays, fewer people refer to it that way.

A safe-haven asset retains or increases its value in times of economic stress. This can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock.