Bitcoin’s ‘digital gold’ claim challenged as traders move into bonds and gold hits new highs

April 2 is shaping up to be a pivotal moment in global trade policy. US President Donald Trump has dubbed it “Liberation Day,” in reference to when new tariffs—exceeding 20%—will hit imports from over 25 countries. According to The Wall Street Journal, the administration is also weighing “broader and higher tariffs” beyond this initial wave, meaning that April 2nd is unlikely to be the end of economic uncertainty. Markets reacted negatively over the past week, with the S&P 500 dropping 3 source: https://cointelegraph.com/news/bitcoin-s-digital-gold-claim-challenged-as-traders-move-into-bonds-and-gold-hits-new-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound