#TrumpTariffs Trump's Tariffs: Two Sides of the Coin for the Crypto Market, experts are divided on the long-term impact of the tariffs:

The Negative View: Short-Term Turbulence.

The imposition of more tariffs could mean a continuation of volatility and downward pressure for Bitcoin. The increase in costs in global supply chains, caused by tariffs, could lead to inflation and economic disruptions, affecting market confidence and making even cryptocurrency mining hardware more expensive. In this scenario, cryptocurrencies would continue to be seen as risky assets, unfavored in times of instability.

The Positive View: A Long-Term Hedge.

However, not everything is bleak. Some analysts suggest that if Trump's tariffs eventually lead to a weakening of the US dollar or persistent inflation that erodes confidence in fiat currencies, Bitcoin could emerge as a powerful hedge. In a world where traditional currencies lose value, the decentralized and limited nature of Bitcoin could make it an attractive store of value. Moreover, the Trump administration has shown an increasingly pro-crypto stance, with plans for a "Strategic Bitcoin Reserve" and the appointment of a "crypto czar," which could boost innovation and cryptocurrency adoption nationwide, even amid trade tensions.