#TrumpTariffs
Will Trump's new tariffs be a boost for cryptocurrencies?
Donald Trump's announcement of new tariffs on countries that tax American exports has caused a stir in global financial circles. Despite the intention to support domestic manufacturers, such a move may escalate trade disputes and increase market instability.
For the crypto market, such uncertainty often works in its favor: investors seek safe alternatives, and Bitcoin looks appealing here. This may explain its stability above the $104,000 mark.
A potential weakening of trust in traditional currencies due to tariff policy could lead to an influx of funds into decentralized assets. As economic tensions rise, cryptocurrencies may strengthen their position as a safe-haven asset in times of geopolitical risks.