In April, amidst the chaos and uncertainty in the markets, Bitcoin (BTC) unexpectedly emerged as a safe haven for investors.
In recent weeks, alongside conflicting news regarding President Donald Trump’s tariffs on other countries, investors have struggled to find a reliable address to protect their assets. The traditional safe-haven assets such as the US dollar, treasury bonds, and Swiss franc have also failed to perform as expected during this process, pushing investors to seek alternatives.
An analysis published by NYDIG pointed out that traditional safe-haven assets have failed during this month's significant volatility. NYDIG stated that since April 2, known as the 'Day of Salvation' when Trump increased tariffs on other countries, Bitcoin has begun to be recognized as a new safe haven alongside gold and the Swiss franc.
The report highlighted that Bitcoin has successfully taken on the role of a decentralized store of value, which is its original purpose, rather than being a speculative asset that moves in parallel with U.S. stocks during this period. With investors increasingly leaning towards the trend of 'selling American assets,' interest in Bitcoin has also been observed to rise.
NYDIG emphasizes that Bitcoin has strengthened as a decentralized and non-sovereign asset during periods of uncertainty, especially at points where traditional financial assets have weakened, and calls on investors to closely follow these developments.
