$BTC The renewed stance of former President Donald Trump regarding high tariffs - reaching up to 60% on Chinese goods - raises global economic concerns. If re-elected, these aggressive trade policies could lead to inflation, disrupt supply chains, and put pressure on traditional markets. Investors are bracing for volatility.
But here's the surprise: cryptocurrencies might benefit. Historically, uncertainty in global markets drives investors towards decentralized assets like Bitcoin and Ethereum. As traditional currencies and markets face potential disruptions, digital assets may be seen as a hedge against inflation and geopolitical instability.
At Binance, we are closely monitoring the situation. Stay informed and be prepared - volatility brings opportunities.