Donald Trump on new tariffs for goods imported from China once again shakes the global financial markets. Trump proposed tariffs of up to 60% if he is re-elected, which could worsen the already tense trade relations between the two powers. This potential trade war scenario creates uncertainty in traditional markets, but at the same time could benefit the crypto ecosystem.

Historically, during periods of trade and political tension, assets like Bitcoin and other cryptocurrencies serve as alternative safe havens against the devaluation of fiat currencies or stock market volatility.$BTC