NYDIG Highlights Bitcoin’s Strengthening Role as a Safe-Haven Asset

Following the “Liberation Day” of U.S. President Donald Trump, Bitcoin has begun to function as the non-sovereign store of value it is meant to be, according to NYDIG.

The digital gold felt noticeably different throughout the last trading week, noted Greg Cipolaro, head of research at the company.

“In the past few weeks, we have observed subtle changes in its behavior. The decoupling from traditional risk assets is still very early and fragile, but for those who monitor crypto markets 24/7, the change is palpable,” he added.

Market instability triggered by Trump’s tariffs has led investors to question whether the dollar and U.S. Treasury bonds are the benchmark for risk-free investment.

“Against this backdrop, it should come as no surprise that investors are seeking alternatives for investments untouched by global machinations—so-called safe-haven assets,” Cipolaro emphasized.

Traditionally, in such situations, gold and the Swiss franc have been the “winners,” but now the first cryptocurrency has entered this list, according to the expert.

Since the key political events following the November elections in the U.S., investors have been avoiding “pro-cyclical and U.S.-influenced assets,” Cipolaro believes.

“With few large and liquid alternatives available globally outside of traditional financial and banking systems, investors seem to be increasingly turning to Bitcoin,” the analyst concluded.

The broad recognition of the leading cryptocurrency’s role as a safe-haven asset, which its proponents have advocated since its inception, is in its early stages, the expert acknowledged.

Earlier, QCP Capital also noted the strengthening role of Bitcoin as a safe-haven asset.