The Market Reaction to Trump's Tariffs Signals a Broader Acceptance of Bitcoin's ‘Digital Gold’ Narrative

In financial markets, making assumptions based on short-term observations is a fool’s errand, as significant trends develop over months and years, not days or weeks. But as investors evaluate bitcoin’s role in their portfolios, the events of April are worth analyzing in order to understand the asset’s emerging reputation as a store of value.Backdrop of volatilityThe turbulence sparked by President Trump’s tariffs announcement on April 2 sent stock prices plummeting the following day, with the Nasdaq 100 and S&P 500 falling 4.8% and 5 source: https://www.coindesk.com/coindesk-indices/2025/05/07/the-market-reaction-to-trump-s-tariffs-signals-a-broader-acceptance-of-bitcoin-s-digital-gold-narrative