#TrumpTariffs **Arthur Hayes: Tariffs Could Fuel Bitcoin's Rise**

- **Short-Term Volatility**: Trump’s proposed tariffs (effective July 9) may cause crypto market swings.

- **Dollar Decline = Crypto Boost**: Tariffs could weaken the USD, forcing the Fed to ease policy—bullish for Bitcoin and gold.

- **Bitcoin as Hedge**: Hayes sees BTC as protection against monetary inflation: "Printed money will lift crypto."

- **$250K BTC Target**: If the Fed restarts QE, Bitcoin could hit **$250K by 2025**.

- **Long-Term Gain**: Early turbulence may lead to sustained growth as liquidity floods markets.

**Bottom Line**: Tariffs may trigger volatility, but Fed easing could send Bitcoin soaring. Watch policy shifts.