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Cryptocurrency News Articles

Bitcoin (BTC) Appears to Be Gaining Traction as a Possible Safe-Haven Asset

Apr 30, 2025 at 08:21 am

Bitcoin (BTC) Appears to Be Gaining Traction as a Possible Safe-Haven Asset

Bitcoin appears to be gaining traction as a possible safe-haven asset, according to analysis from NYDIG. The digital asset investment firm points to signs of a shift in how Bitcoin reacts during financial turbulence, especially as markets continue to respond to recent policy moves by former President Donald Trump.

Greg Cipolaro, NYDIG’s global head of research, notes that Bitcoin showed early signs of separating from traditional markets such as US equities, Treasuries, and the dollar over the past week. While the decoupling is still in its early stages, it could mark a meaningful shift for how investors view Bitcoin during times of geopolitical or economic stress.

“Geopolitical tensions, including tariffs, remain topical (despite Trump walking back many of them), but political pressure from Trump on Fed Chair Powell, and even speculation about his potential dismissal that added to market unease. In many ways,

Original source:igaming

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