#TrumpTariffs #TrumpTariffs
Trump reignites the trade war... Is crypto the refuge?
In a controversial move, former President Donald Trump announced his intention to reimpose strict tariffs if he wins the upcoming elections, including:
Tariffs of up to 60% on imports from China
Expanding tariffs on strategic goods from Europe and Mexico
Market reaction?
Stock markets experienced sharp fluctuations
Gold rose as a traditional refuge
But notably: Bitcoin increased by 3% during the early hours
The message to the savvy investor:
As protectionist policies escalate, the search for assets that are not bound by borders or controlled by governments is increasing... Here, crypto emerges as a true hedge tool.
Are we facing a new wave of influx into digital assets?