U.S. Treasury Secretary Declares Bitcoin A ‘Store Of Value’ To Rival Gold—As Its Price Beats Trump’s ‘Crashing’ Stock Market

U.S. Treasury Secretary Declares Bitcoin A ‘Store Of Value’ To Rival Gold—As Its Price Beats Trump’s ‘Crashing’ Stock Market

Treasury Secretary Scott Bessent has declared bitcoin an emerging “store of value”—comparing it to gold...

Why gold is so critical right now

Amid the prevailing economic uncertainty and the brewing trade war triggered by Donald Trump’s tariffs, United States Treasury Secretary Scott Bessent has outlined the significance of gold during such a period. In an interview with Tucker Carlson, published on April 4, Bessent discussed the factors behind the surge in gold demand and movement, highlighting the metal’s resilience and appeal in uncertain times. Bessent emphasized that gold continu…

Bitcoin Outshines Gold As A Store Of Value Amid Market Crisis

Bitcoin’s price rises as stock markets falter amid global tariffs. Scott Bessent compares Bitcoin to gold as a store of value. Experts see Bitcoin’s resilience as a potential long-term investment. U.S. Treasury Secretary Scott Bessent has recognized Bitcoin as a “store of value” similar to gold while its price increases amid global financial instability. Secretary Bessent made his comments at a period of stock market decline that has been intens…

U.S. Treasury Secretary Bessent Recognizes Bitcoin's Value Like Gold

The post U.S. Treasury Secretary Bessent Recognizes Bitcoin’s Value Like Gold – Coincu appeared on BitcoinEthereumNews.com. Key Points: Scott Bessent compares Bitcoin to gold, noting shared value properties. Bitcoin’s price increased by 2% following the statement. Significant pro-crypto stance by U.S. Treasury boosts market sentiment. U.S. Treasury Secretary Scott Bessent stated on April 5, 2025, during an interview with Tucker Carlson that Bitc…

US Treasury Secretary Scott Bessent Hails Bitcoin a Store of Value

In a stunning development, US Treasury Secretary Scott Bessent hailed Bitcoin as an “emerging store of value.” Comparing BTC with gold, Bessent highlighted the latter’s resilience to the broader financial market debacle. Notably, the US Treasury Secretary’s statement comes in response to Bitcoin’s r...