April 17, 2025

Bitcoin’s ‘Safe Haven’ Narrative Is Being Tested: Binance Analysis

1 min read

Bitcoin’s long-standing narrative as “digital gold” is being tested amid rising macroeconomic uncertainty and geopolitical tensions, according to a new report from Binance. The analysis , released earlier today, looks at the effects of President Donald Trump’s recent sweeping tariff policy — the most aggressive since the 1930s — on crypto markets, particularly Bitcoin (BTC). Currently trading at $78,770, BTC is down 6% over the past week and 11% in the last two weeks, sitting nearly 28% below its all-time high of $108,000 set in January, according to CoinGecko. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Source: The Defiant

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