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Is Bitcoin Setting Up For A Rally Given Its Historical Correlation With Gold?

Is Bitcoin Setting Up For A Rally Given Its Historical Correlation With Gold?

Looking at the past decade and a half, two assets have emerged prominently as bastions against the erosion of fiat currency value: gold and Bitcoin. Both assets share fundamental characteristics that define sound money—scarcity, decentralization, and resistance to manipulation. Investors seeking refuge from inflationary pressures and economic instability have increasingly turned to these two distinct yet philosophically aligned assets. Despite their shared appeal, gold and Bitcoin have recently diverged significantly in their short-term performance, prompting investors and analysts alike to question the underlying reasons behind this unexpected split.

Since January 2025, Bitcoin has experienced a notable decline of roughly 12%, while gold has surged impressively by approximately 20%. This divergence is particularly intriguing given Bitcoin’s historical tendency to outperform gold during periods of economic uncertainty. If both assets theoretically benefit from similar macroeconomic conditions—such as inflation, currency debasement, and geopolitical instability—why have their paths diverged so sharply in recent months?

To unravel this puzzle, we must examine the unique market dynamics, institutional behaviors, and macroeconomic factors influencing each asset.

Gold’s Resurgence: Institutional Confidence and Central Bank Accumulation

Gold’s recent rally can largely be attributed to heightened demand from central banks and institutional investors. According to the an article by JP Morgan, central banks globally have significantly increased their gold reserves, purchasing record amounts in recent years. Especially the People’s Bank of China (PBOC) has aggressively expanded its gold holdings, signaling a strategic shift away from reliance on the US dollar amid escalating geopolitical tensions and economic uncertainties.

Gold’s enduring appeal lies in its historical role as a universally recognized store of value. Its tangible nature provides a sense of security and stability that digital assets cannot yet fully replicate. Institutional investors, particularly those managing large portfolios, find comfort in gold’s established regulatory framework and widespread acceptance. Unlike Bitcoin, gold faces minimal regulatory ambiguity, making it a straightforward choice for conservative investors seeking stability.

Recently, Goldman Sachs revised its gold price forecast upward, projecting prices to reach $3,700 per ounce by year-end. This bullish outlook underscores the growing institutional confidence in gold’s ability to serve as a reliable hedge against inflation and economic volatility.

Bitcoin’s Temporary Setback: Growing Pains and Market Volatility

In contrast, Bitcoin has encountered several headwinds in 2025. Despite its impressive long-term trajectory, Bitcoin remains a relatively young and volatile asset class. Regulatory uncertainty continues to pose significant challenges, deterring many institutional investors from fully embracing cryptocurrency. Additionally, Bitcoin’s price movements are heavily influenced by retail investor sentiment, which can fluctuate dramatically based on short-term market psychology.

The recent decline in Bitcoin’s price can also be attributed to profit-taking following its substantial gains in previous years. After the explosive growth witnessed in 2021 and 2022, a period of consolidation and correction was inevitable. Such volatility is characteristic of emerging asset classes, particularly those undergoing rapid adoption and market maturation.

Nevertheless, Bitcoin’s fundamental attributes remain robust. Its capped supply of 21 million coins ensures scarcity, while its decentralized blockchain structure provides resistance to censorship and manipulation. Historically, Bitcoin has demonstrated resilience, often rebounding strongly after periods of correction and consolidation.

Historical Correlation and Divergence: A Temporary Phenomenon?

Historically, gold and Bitcoin have exhibited a fascinating relationship. Analysts such as David Foley and Lawrence Lepard have observed that gold often initiates rallies, with Bitcoin subsequently following and amplifying these movements. This historical pattern suggests that Bitcoin, as a smaller and more volatile asset, typically lags behind gold initially but eventually surpasses it in magnitude during bullish cycles.

Given this historical context, the current divergence between gold and Bitcoin may be temporary. If past patterns hold true, Bitcoin could soon experience a significant rally, potentially surpassing previous highs. This could mean that Bitcoin reaching upwards of $108,000 within months, aligning with its historical behavior during periods of economic uncertainty and rising gold prices.

The broader macroeconomic landscape remains highly favorable for both gold and Bitcoin. Central banks worldwide continue expansive monetary policies, fueling inflationary pressures and eroding fiat currency purchasing power. The US Federal Reserve, in particular, faces challenges balancing inflation control with economic growth, leading to diminished confidence in the dollar’s long-term stability.

In such an environment, assets embodying sound money principles become increasingly attractive. Both gold and Bitcoin offer investors protection against systemic risks associated with excessive debt, currency debasement, and geopolitical instability. As global financial fragility intensifies, diversification into assets outside traditional financial systems becomes not just prudent but essential.

Bitcoin: Digital Gold for a Digital Era

While gold boasts historical credibility and institutional acceptance, Bitcoin represents the evolution of sound money in a digital age. Its digital nature provides unique advantages: borderless transactions, ease of transfer, and immunity from physical confiscation. These attributes resonate strongly with younger generations and populations in countries experiencing currency instability or authoritarian governance.

Bitcoin adoption continues to accelerate globally. Prominent corporations such as Tesla and MicroStrategy have integrated Bitcoin into their balance sheets, while nations like El Salvador have officially recognized it as legal tender. These developments underscore Bitcoin’s growing legitimacy as a global reserve asset.

Moreover, technological advancements within the Bitcoin ecosystem, such as the Lightning Network, enhance its practicality for everyday transactions. The rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) further expands Bitcoin’s utility, solidifying its role within the broader financial landscape.

Gold: Timeless Stability Amidst Uncertainty

Despite Bitcoin’s compelling narrative, gold remains an indispensable cornerstone of global finance. Its physical presence and millennia-long history as a store of value provide unmatched trust and stability. Gold’s lower volatility compared to Bitcoin makes it particularly appealing to risk-averse investors and institutions seeking predictable returns.

Historically, gold has consistently outperformed other asset classes during periods of economic turmoil, reinforcing its reputation as a reliable safe haven. This proven track record explains why central banks and institutional investors continue to prioritize gold holdings, especially during uncertain economic climates.

Complementary Roles: Diversification in Sound Money

The divergence between gold and Bitcoin in 2025 highlights their distinct yet complementary roles within a diversified investment portfolio. Rather than viewing these assets as competitors, investors should recognize their unique strengths and limitations. Gold offers stability, institutional acceptance, and historical reliability, while Bitcoin provides growth potential, technological innovation, and adaptability to a digital economy.

In an increasingly uncertain global financial environment, the importance of sound money assets cannot be overstated. Both gold and Bitcoin serve as critical hedges against inflation, currency debasement, and systemic financial risks. Investors seeking comprehensive protection and growth potential would be wise to allocate resources to both assets, leveraging their complementary characteristics.

Conclusion: A Unified Vision for Sound Money

Ultimately, the debate between gold and Bitcoin transcends mere competition. Both assets embody the principles of sound money, offering investors refuge from the vulnerabilities inherent in fiat currency systems. Their recent divergence in performance reflects temporary market dynamics rather than fundamental weaknesses.

As the global financial landscape continues to evolve, the combined strengths of gold and Bitcoin will become increasingly apparent. Together, they represent a powerful dual strategy for navigating economic uncertainty, inflationary pressures, and geopolitical instability. Investors who embrace both assets position themselves advantageously for the challenges and opportunities of the 21st century.

In the end, the choice between gold and Bitcoin is not binary but complementary. Each asset offers unique advantages, and together they form a robust foundation for preserving and growing wealth in uncertain times. Whether through the timeless reliability of gold or the transformative potential of Bitcoin, sound money remains an undefeated strategy in an era defined by financial volatility and uncertainty.

 

Source: https://www.benzinga.com/markets/cryptocurrency/25/04/44955500/is-bitcoin-setting-up-for-a-rally-given-its-historical-correlation-with-gold

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Gold up, oil down, Bitcoin flexes: What should we expect next?

Gold up, oil down, Bitcoin flexes: What should we expect next?

Global risk sentiment, which often serves as a barometer for investor confidence, has been notably muted. On Monday, US stock markets took a hit, breaking a multi-session winning streak that had given some hope of sustained optimism.

The Dow Jones Industrial Average slipped by 0.24 per cent, the S&P 500 dropped 0.64 per cent, and the Nasdaq fell 0.74 per cent, all closing in the red. This downturn came despite encouraging data showing stronger-than-anticipated US services activity and reassuring words from US Treasury Secretary Scott Bessant about forthcoming trade deals.

It’s a puzzling scenario—positive economic signals clashing with a market that seems reluctant to embrace them. To me, this suggests that investors might be wrestling with deeper uncertainties, perhaps questioning whether these bright spots can hold up against broader economic or geopolitical headwinds.

Diving into the bond market, US Treasury yields painted a different picture, trending upward across the curve, though the pace of increase slowed compared to the previous Friday’s surge. The 10-year US Treasury yield rose by 3.5 basis points to settle at 4.343 per cent, while the 2-year yield nudged up by 0.8 basis points to 3.832 per cent.

Rising yields often reflect a shift in investor behaviour—selling off bonds, possibly in anticipation of higher inflation or interest rates down the road. Given the positive services data, one might expect this to signal confidence in economic growth. But the disconnect with the stock market’s decline is striking.

It’s as if the bond market sees a robust future that equity investors aren’t yet buying into. Could this be a sign of skepticism about the longevity of the recovery, or are there other forces—like lingering trade tensions or Federal Reserve policy expectations—clouding the picture? I suspect it’s a bit of both, with markets caught in a tug-of-war between optimism and caution.

Meanwhile, the US Dollar Index (DXY) took a modest dip, falling 0.20 per cent and weakening against most G10 currencies. This softening of the dollar caught my attention, especially when paired with the dramatic strengthening of the Taiwanese Dollar (TWD). The USD/TWD pair tumbled from 31.0 to 30.10, even hitting an intra-day low of around 29.60.

This wasn’t just a random fluctuation—market chatter points to speculation that Taiwan might be allowing its currency to appreciate as part of a trade deal with the US. If true, this could be a strategic move to bolster economic ties, but it also highlights how sensitive currency markets are to geopolitical rumours and policy shifts.

The dollar’s broader weakness might tie back to the Federal Reserve’s stance or the market’s reaction to trade uncertainties, though I’d need to dig deeper into recent Fed statements to pin that down. For now, it’s a reminder that forex markets are rarely quiet when global stakes are high.

Turning to commodities, the story gets even more intriguing. Gold prices jumped 2.9 per cent, a move I see as a classic flight to safety amid a weaker dollar and persistent trade uncertainty. Investors often flock to gold when confidence wavers, and this uptick fits that pattern. On the flip side, Brent crude oil slid 1.7 per cent, continuing its downward trend after OPEC+ agreed over the weekend to ramp up output. The contrast here is stark—gold shining as a safe haven while oil stumbles under supply pressures.

It’s a dynamic that underscores the uneven currents running through the commodity space, with macroeconomic signals and sector-specific decisions pulling in different directions. Asian equity indices mirrored this uncertainty with mixed results in early trading, and US equity index futures hint at a lower opening for US stocks, suggesting that Monday’s cautious mood isn’t dissipating anytime soon.

Now, let’s shift gears to the cryptocurrency market, where things get particularly fascinating. Bitcoin has been a standout performer, even as traditional markets faltered. According to recent insights from VanEck, Bitcoin posted a 13 per cent gain in April, a sharp contrast to the broader market selloff.

This resilience was especially evident during the week ending April 6, when former President Trump’s announcement of new tariff measures sent shockwaves through global markets. While equities and gold took a hit, Bitcoin climbed from US$81,500 to over US$84,500 by week’s end.

For a moment, it looked like Bitcoin might be breaking free from its usual dance with US equities—a phenomenon analysts call decoupling. The 30-day moving average correlation between Bitcoin and the S&P 500 dipped below 0.25 in early April, fueling hopes that it could carve out a path as an independent asset, perhaps even a hedge against global instability.

But that independence didn’t stick. By the end of April, the correlation rebounded to around 0.55, and Bitcoin fell back into step with equity markets. Still, its 13 per cent gain outpaced the Nasdaq Composite’s one per cent decline and the S&P 500’s modest uptick, marking it as a relative winner.

Also Read:

Market wrap: Consumer confidence drops, markets rise, Bitcoin ETF soars

Market wrap: Consumer confidence drops, markets rise, Bitcoin ETF soars

What’s driving this? Part of it might be institutional moves like Strategy’s—formerly MicroStrategy—recent acquisition of 1,895 Bitcoin for US$180 million, wrapping up a US$21 billion equity offering program launched in October. With their holdings now at roughly 555,500 Bitcoin, valued at US$52.4 billion per their latest SEC filing, Strategy’s commitment signals strong corporate faith in Bitcoin’s long-term value.

This kind of institutional backing could be stabilising Bitcoin’s floor, even as its correlation with stocks waxes and wanes. To me, it’s a sign that Bitcoin is maturing—its volatility has reportedly hit a 563-day low, per CoinTelegraph—yet it’s still searching for its identity in the financial ecosystem.

Ethereum, however, tells a different story, one tinged with struggle. Its dominance in smart contract fees has taken a significant hit as users drift to rival networks, likely drawn by lower costs and faster transactions. This migration isn’t just a blip—it’s a challenge to Ethereum’s core promise as the backbone of decentralised applications. Vitalik Buterin, Ethereum’s co-founder, has openly acknowledged the network’s past fixation on complexity, admitting that adjustments are overdue.

His comments hint at a “slimming down” effort, a tacit concession that the grand vision of Ethereum as a “world computer” might be more aspirational than practical. There’s talk of swapping out the Ethereum Virtual Machine (EVM) for RISC-V, which some see as a technical upgrade but others—like me—view as an admission that the layer2 Rollup-Centric strategy has faltered.

While competitors like Solana scoop up users with simpler designs and flashy marketing (think MEME coins), Ethereum is bogged down managing a sprawling web of layer2 solutions. Interoperability among hundreds of L2s sounds ambitious, but in practice, it’s a headache—one that’s driving developers and users away. Buterin’s pivot feels less like a bold reimagining and more like a desperate bid to keep Ethereum relevant.

I can’t help but wonder if this is a case of cutting losses rather than charting a new course. Solana’s gains highlight what Ethereum’s losing: agility and accessibility. Still, Ethereum’s entrenched community and developer base give it a fighting chance—if it can streamline without alienating its core.

Stepping back, the market wrap reveals a world in flux. Global risk sentiment is tepid, with US stocks faltering despite economic green shoots.

Treasury yields are climbing, hinting at growth expectations, yet the dollar’s dip and the TWD’s surge point to trade-driven undercurrents. Commodities split the difference—gold up, oil down—while Bitcoin flexes its muscle but can’t quite break free from equities. Ethereum, meanwhile, grapples with an identity crisis that could reshape its future.

I see this as a moment of reckoning for markets: optimism is there, but it’s fragile, tempered by uncertainties that no trade deal or data point can fully dispel. Investors would do well to watch these threads closely—because in this environment, the next twist is never far off.

 

Source: https://e27.co/gold-up-oil-down-bitcoin-flexes-what-should-we-expect-next-20250506/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Trump’s tariff bombshell: A US$660 billion shake-up for global trade

Trump’s tariff bombshell: A US$660 billion shake-up for global trade

The latest developments surrounding US President Donald Trump’s executive order on tariffs, announced on April 3, 2025, are within my expectations. But maybe not for all. This sweeping policy introduces a broader and higher set of tariffs than many analysts had anticipated, sending ripples through global trade networks, financial markets, and even the volatile world of cryptocurrencies.

My perspective on this matter is one of cautious concern tempered by an appreciation for the complexity of its potential outcomes. While the intent behind these tariffs—framed as a move toward economic fairness and a boost for American industry—may resonate with some, the scale and scope of this policy could unleash a cascade of unintended consequences, from inflationary pressures to market instability, that warrant a deeper dive.

Let’s start with the nuts and bolts of the executive order. The policy establishes a universal tariff of 10 per cent on all US imports, a baseline that already signals a significant shift in trade dynamics. But it doesn’t stop there. Country-specific tariffs pile on additional layers of complexity, with China facing a hefty 34 per cent increase, Vietnam a staggering 46 per cent, Taiwan 32 per cent, South Korea 25 per cent, Japan 24 per cent, and India 26 per cent.

Meanwhile, nations like Australia, the UK, and Singapore catch a relative break at the 10 per cent baseline, and Canada and Mexico escape additional reciprocal tariffs entirely—a notable carve-out that suggests a strategic nod to North American trade cohesion.

Exemptions for pharmaceuticals, steel, aluminum, semiconductors, and copper soften the blow for certain sectors, but the closure of China’s de minimis loophole, which now subjects previously exempt goods to a 30 per cent duty (rising to US$25 per item, then US$50 after June 1, 2025), is a game-changer for e-commerce giants like Alibaba, PDD, and Shein. These companies, which have thrived on low-cost shipping to US consumers, now face a steep uphill climb.

The sheer scale of this tariff regime is jaw-dropping. If fully implemented, the effective US tariff rate could climb to around 25 per cent, applied to US$3.3 trillion in annual goods imports. That translates to a tax increase of roughly US$660 billion, or about 2.2 per cent of US GDP. To put that in perspective, this isn’t just a tweak to trade policy—it’s a seismic shift that could reshape the economic landscape.

Estimating its impact isn’t straightforward, but a Federal Reserve model from 2018 offers a starting point: for every 1 percentage point increase in the tariff rate, GDP takes a 0.14 per cent hit, and core PCE prices (a key inflation metric) rise by 0.09 per cent. Applying that to a 16-point hike—accounting for the jump from current levels to the projected effective rate—suggests a GDP reduction of 2.3 per cent and a price increase of 1.4 per cent over the next two to three years.

These numbers, while theoretical, paint a sobering picture of slower growth and rising costs, though the real-world outcome will hinge on a tangle of variables like inflation trends, corporate pricing power, and the US dollar’s trajectory.

From my point of view, the interplay of these factors feels like a high-stakes economic experiment. Inflation, already a lingering concern for households and policymakers, could flare up as import costs climb, squeezing consumers and testing the Federal Reserve’s resolve. The market seems to agree, pricing in expectations of more than three rate cuts as a buffer against potential slowdowns.

Yet, the Fed’s ability to counteract a tariff-driven shock may be limited—rate cuts can’t undo supply chain disruptions or offset the loss of export markets if trading partners retaliate. And retaliation seems all but certain. Trump’s “reciprocal” tariff framework, which pegs duties at half of each country’s respective rates, invites a tit-for-tat escalation. Add in the 25 per cent tariff on foreign-made cars, and you’ve got a recipe for a full-blown trade war that could hammer exporters in places like Japan, South Korea, and Taiwan, while driving up costs for American car buyers.

The financial markets wasted no time reacting. US equity futures tanked, with the S&P 500 shedding over US$2 trillion in value in a matter of hours, reflecting a swift pivot to risk aversion. Cryptocurrencies, often touted as a hedge against traditional market turmoil, didn’t escape the fallout. Bitcoin dropped two per cent, Ethereum and Solana each fell four per cent, and XRP slid three per cent, while Trump’s own meme token took a 10 per cent hit before showing flickers of recovery.

Crypto futures liquidations spiked to US$511.77 million in the past 24 hours, with Bitcoin alone accounting for US$179.71 million of that carnage, per Coinglass data. This wasn’t a crypto-specific event—it was a symptom of broader market jitters. Investors, spooked by the tariff news, pulled back from risk assets across the board, and digital currencies, despite their decentralised allure, got caught in the crossfire.

What’s fascinating—and a bit unnerving—is how this policy blurs the lines between economic strategy and political theater. Trump’s framing of April 2, 2025, as “Liberation Day” and his promise to “make America wealthy again” tap into a populist vein, casting tariffs as a patriotic stand against unfair trade practices. There’s some truth to the grievance—countries like China and Vietnam have long leveraged low-cost exports to flood US markets, often at the expense of domestic manufacturers.

But the solution here feels like swinging a sledgehammer where a scalpel might suffice. A 46 per cent tariff on Vietnam or 34 per cent on China could kneecap their export-driven economies, sure, but it also risks spiking prices for American consumers who’ve grown accustomed to affordable goods. Companies like Nike, which sources half its footwear from Vietnam, saw shares plummet seven per cent in after-hours trading, a stark reminder of the corporate collateral damage.

For investors, this is a moment to tread carefully. Exporters from tariff-hit nations—think Taiwanese chipmakers, Korean automakers, or Japanese tech firms—face a rough road ahead as their US market access narrows. Domestic-oriented US companies, particularly in manufacturing or energy, might see a short-term boost if tariffs spur reshoring, but the broader economic drag could offset those gains.

Gold, dividend stocks, and fixed-income assets look appealing as safe havens amid the uncertainty, though even those could wobble if inflation surges beyond expectations. The crypto market’s reaction, meanwhile, underscores its lingering correlation with equities—Bitcoin’s drop wasn’t about blockchain fundamentals but about macro fears. That said, some analysts speculate that tariff revenues could fund Trump’s rumoured Bitcoin stockpile, a wild-card idea that might buoy crypto sentiment down the line.

On the global stage, the ripple effects are already in motion. China’s e-commerce giants are scrambling to adapt to the de minimis clampdown, while South Korea’s acting president ordered emergency support for affected industries. Japan’s Nikkei 225 plunged 4.1 per cent, and Australia’s ASX 200 dipped two per cent, signalling widespread alarm.

The European Union, hit with a 20 per cent tariff, is mulling countermeasures, and smaller players like Cambodia (49 per cent) and Laos (48%) face existential trade challenges. Canada and Mexico’s exemption might strengthen NAFTA ties, but it also highlights the uneven burden this policy places on other allies. The risk of a fragmented global trade system—where nations bypass the US to forge their own alliances, as China, Japan, and South Korea recently hinted—looms large.

My take? This is a bold, brash move that could either ignite a manufacturing renaissance or backfire spectacularly. The US economy’s resilience will be tested—2.3 per cent GDP growth isn’t guaranteed, and a 1.4 per cent price bump could stoke stagflation fears if growth falters. Households, already jittery from prior inflation waves, might freeze spending, while businesses could delay investment amid the uncertainty.

The Fed’s in a bind, too—cutting rates to spur growth risks fanning inflation, but holding steady might deepen a slowdown. For all Trump’s talk of economic independence, the reality is that global supply chains don’t untangle overnight, and the US isn’t immune to the fallout.

As I see it, the next few months will be a crucible. Markets will gyrate, inflation will creep into headlines, and geopolitics will get messier. Investors should brace for volatility, diversify beyond export-heavy bets, and keep an eye on how corporate America adapts.

For the average American, this could mean pricier goods and a tighter budget—hardly the “wealthy again” vision promised. Trump’s tariffs are a gamble with high stakes and hazy odds, and while the intent might be noble, the execution could leave us all grappling with the consequences for years to come.

 

Source: https://e27.co/trumps-tariff-bombshell-a-us660-billion-shake-up-for-global-trade-20250403/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j