As NYDIG Says Bitcoin Is Decoupling From Risk Assets, BTC Bull Token Could Be The Big Winner

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Bitcoin is starting to decouple from traditional risk assets and act more like a digital store of value, according to New York Digital Investment Group (NYDIG).

”Since ‘Liberation Day’ on April 2nd, a new picture of haven assets is starting to emerge, one which includes bitcoin,” wrote NYDIG’s head of research Greg Cipolaro in an April 25 note. ”The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.” 

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Bitcoin Decoupling Debate Grows

Cipolaro went on to say that there has been subtle shifts in the crypto market leader’s behaviour in recent weeks, particularly when “it all came to a head” on April 21 and the “US hegemony unwind trade intensified.” This saw the S&P 500, US dollar and 10Y Treasuries all fall, while BTC surged, according to Cipolaro.

“Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is,“ the NYDIG analyst said.

As Bitcoin Decouples, BTC Bull Token Could Be The Big Winner

With Bitcoin behaving recently more like a digital store of value and a safe-haven asset, new meme coin BTC Bull Token (BTCBULL) is well positioned to gain.

BTC Bull Token was created in the belief that the leading crypto will soar to above the $1 million mark. It offers investors free Bitcoin through airdrops when the BTC price hits certain price milestones. These airdrops commence when Bitcoin hits $150k, and repeat for every $50K after that.

The recent shift in BTC’s behaviour, as observed by NYDIG, is thus great news for BTCBULL token holders. It suggests that the Bitcoin price has huge upside potential in both bull and bear markets. 

BTCBULL Tweet

99Bitcoins, a prominent YouTube channel with over 725K subscribers, predicts BTCBULL could soar 10X after launch.

Investors are already piling into BTCBULL, which recently surpassed the $5 million mark in its presale.

Learn more about BTC Bull Token

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