US-China Trade War Heats Up, Trade Prices Increase and Bitcoin Market Affected
June 12, 2025 | Jakarta – Trade tensions between the United States and China have escalated again after Washington officially imposed an additional 25% tariff on technology and manufacturing products from China worth more than USD 50 billion. In response, the Chinese government also raised tariffs on several imported goods from the US, including the agriculture and energy sectors.
This tit-for-tat action has triggered global concerns about the stability of international trade, pushing the prices of imported goods sharply higher. Business players and investors believe this conflict poses a risk of slowing down global economic growth and worsening the investment climate.
Impact on the Crypto Market
This situation has a significant impact on the global financial market, including digital assets like Bitcoin (BTC). In the last 24 hours, the price of BTC surged over 6%, breaking the USD 74,000 mark, in response to increasing global economic uncertainty.
According to crypto market analysts, this surge is driven by increasing investor interest in safe-haven assets, similar to gold. "When geopolitical and economic uncertainties rise, investors tend to look for assets that are not directly affected by government policies, and Bitcoin has become one of the main alternatives," said Dimas Pratama, a crypto analyst from Blockchain Insight Asia.
Rising Production Costs and Market Volatility
This tariff war has also led to increased production costs for technology companies that rely on global supply chains. Logistics and component costs have risen, resulting in higher prices for goods in the market. This pressure has also contributed to volatility in stock and currency markets, ultimately strengthening Bitcoin's role as an alternative store of value.
However, experts also warn that the spike in BTC prices driven by geopolitical turmoil could be temporary. "If the conflict eases or the market finds ways to adapt, the buying pressure on BTC could decrease," said Dimas.
Conclusion
With the trade war continuing to escalate, global market participants are closely monitoring the policy direction of both superpowers. For crypto investors, these developments are crucial in determining short-term and long-term strategies for their portfolios.#TrumpTraffic #trumptraffis