Why Bitcoin’s Suddenly the Darling of Tariff Turmoil? 🎭💸

What to know, darling:

  • April’s been such a rollercoaster, all thanks to President Trump’s tariff fireworks—buckle up! 🎢
  • Gold and the Swiss Franc, those usual suspects, now have company: none other than bitcoin, crashing the safe-haven party.
  • Bitcoin’s finally shaking off its digital jester role, stepping up as the non-sovereign wallet whisperer amid the chaos.

April, my dear, has been a tempest—all flash, fury, and financial chaos, leaving traders clutching their pearls and screens.

The headlines are so contradictory you’d think Trump’s tariffs were part of an avant-garde performance piece. Meanwhile, everyone’s wondering: where to stash your cash without it doing a vanishing act?

Just when the usual “safe havens” looked more like sinking ships, bitcoin waltzed in—flashing a cheeky grin and saying, “Look at me!”

NYDIG Research, ever the financial soothsayer, notes: “Traditionally, it’s been cash (US dollar), bonds (US Treasuries), the ever-stoic Swiss Franc, and trusty old gold playing the safe spot. But bitcoin? Oh, it’s edging like a cheeky debutante onto this dance floor.”

What’s fascinating, post ‘Liberation Day’—a.k.a April 2, when tariffs blew the market into a frenzy—bitcoin decided to socialize with the high society of safe-havens.

NYDIG sardonically observed, “Bitcoin behaved less like a jittery Wall Street diva and more like the libertine non-sovereign store of value we always suspected it might be.”

Peeling back the curtain, as the “sell America” cabaret gains applause, savvy investors are finally giving bitcoin a bow, applauding its original promise—not just as digital gold, but the grand escape plan during financial melodramas.

“Although still finding its footing, bitcoin looks to be fulfilling that high-society promise: thriving amid chaos with a wink and a nod,” NYDIG concluded, almost impressed.

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2025-04-27 17:22