NYDIG has observed that since the beginning of April, Bitcoin has increased in value by more than 13%, while U.S. stocks and the dollar have declined due to President Trump's trade tensions. 

This indicates that BTC is beginning to be viewed by investors as "digital gold," a store of value not tied to any government, similar to gold or the Swiss franc. Although Bitcoin's market capitalization (around $1.8 trillion) is still small compared to gold (which is $22 trillion), it is a rare, highly liquid option for those looking to avoid risks in the U.S. financial system. NYDIG notes that this decoupling trend is still early and subject to change, but it increasingly highlights Bitcoin's role as a store of value.