Date: 2025-04-09
Update April 9, 1:38 pm UTC: This article has been updated to include the latest developments on US import tariffs.The global trade war may be a silver lining for Bitcoin’s growing recognition as a safe-haven asset next to gold, thanks to its liquidity and accessibility advantages compared with precious metals.Financial markets have been rattled since US President Donald Trump’s April 2 reciprocal import tariffs announcement, leading to record-breaking sell-offs for traditional stock markets and a Bitcoin (BTC) correction below $75,000.While gold remains the dominant refuge for investors during geopolitical stress, analysts say Bitcoin’s digital nature and 24/7 liquidity are helping it attract renewed interest.“You want to store value in so...
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