Bitcoin is displaying a decoupling trend from the US stock market, resembling precious metals more closely, indicating its emergence as a safe-haven asset amid global economic uncertainties. Over the past two weeks, Bitcoin’s price has shown signs of maturity as a global asset, described as “less Nasdaq — more gold” by Alex Svanevik, the co-founder and CEO of Nansen crypto intelligence platform. Despite escalating tariffs between major trading nations, Bitcoin managed a 12% recovery by April 22. While remaining resilient during the trade war compared to altcoins and indexes like the S&P 500, Bitcoin remains susceptible to recession fears. The US Bitcoin reserve and regulatory developments are expected to benefit Bitcoin, with potential news of the Treasury exploring ways to convert reserves into BTC. The possibility of a US recession has increased to 60%, as per JPMorgan’s April 15 report, raising the likelihood of decreased investor demand for risk assets. JPMorgan anticipates the Federal Reserve to start easing in September, with further cuts at subsequent meetings through January 2026, aiming for a 3% policy rate by June 2026. This shift in Bitcoin’s behavior in relation to traditional markets and the evolving economic landscape highlights its growing importance in the global financial system.