$BTC bitcoin is finally reclaiming its place as a major alternative for investors spooked by U.S. President Donald Trump's trade war and looking to divest from shares of U.S. companies, Treasuries, and the dollar.

After a drop to the lowest levels this year soon after Trump announced his import tariffs on April 2, the notoriously volatile bitcoin has slowly been regaining ground. The digital currency managed to outperform the stock markets in 10 of the 17 sessions during this period, according to data from VanEck.

The world's leading cryptocurrency is now a short distance from the $100,000 mark, last seen three months ago, after gaining 15% in value just in April.