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Tariff Turmoil Proves Bitcoin’s Mettle as Digital Gold

Tariff Turmoil Proves Bitcoin’s Mettle as Digital Gold

Author:
Coindesk
Published:
2025-04-27 14:00:00
15
1

As trade wars escalate, Bitcoin quietly flexes its ’store of value’ credentials—while traditional markets bleed.

The ultimate stress test? Watching hedge funds panic-sell equities while BTC holds its ground.

Funny how ’volatile’ crypto suddenly looks like the adult in the room when tariffs hit 25%.

Safe haven asset performance (NYDIG Research)

NYDIG’s data showed that while gold and Swiss Franc had been consistent safe-haven winners, since ’Liberation Day’—when President Trump announced sweeping tariff hikes on April 2, kicking off extreme volatility in the market—bitcoin has been added to the list.

"Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is," NYDIG wrote.

Zooming out, it seems that as the "sell America" trade gains momentum, investors are taking notice of bitcoin and the original promise of the biggest cryptocurrency.

"Though the connection is still tentative, bitcoin appears to be fulfilling its original promise as a non-sovereign store of value, designed to thrive in times like these," NYDIG added.

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