NYDIG: Bitcoin has risen over 10% since Trump's so-called "liberation day", initially demonstrating its non-sovereign store of value characteristics.

PANews reported on April 28 that according to CrowdfundInsider, the latest research report of the New York Digital Investment Group (NYDIG) pointed out that in the current context of heightened economic and geopolitical uncertainty, Bitcoin is initially showing the characteristics of a non-sovereign store of value. The report mentions that since Trump's so-called "Liberation Day" on April 2, 2025, the US dollar and long-term US Treasury bonds have weakened, while gold, the Swiss franc and bitcoin have been favored by the market, and the US stock market has fallen while Bitcoin has bucked the trend and has risen 10.3%, showing a trend of decoupling from traditional risk assets. NYDIG emphasizes that, although this trend is still in its early stages, current data is insufficient to confirm that Bitcoin's role as a safe-haven asset has been widely accepted by the market. However, considering the current structural volatility in the market and the weakening confidence in traditional safe-haven assets, Bitcoin may become one of the choices for investors seeking alternative store of value.