Volatility shook the financial markets in April, and crypto assets were not spared from the storm.
However, Bitcoin (BTC) and some cryptocurrencies demonstrated resilience. Beyond the fluctuations, a profound shift is taking shape. The digital currency created by Satoshi Nakamoto is moving away from speculation and positioning itself as a pillar in the global economy, increasingly behaving like digital gold.
Financial markets faced turbulence in April, driven by uncertainty surrounding Donald Trump's tariff policy following the 'Liberation Day'.
Bitcoin, along with other crypto assets, experienced volatility, just like stocks and risk assets. However, the Nasdaq Crypto IndexTM (NCITM) reveals that cryptocurrencies recovered faster than the S&P 500 and gold in the weeks following events such as the regional banking crisis in the United States in 2023, the reversal of the yen carry trade in August 2024, and the tariffs imposed by Trump last April.$BTC