#TrumpTariffs
How would this affect the crypto world?
A potential tariff policy by Trump if he returns to power could impact the crypto world indirectly but significantly. If he imposes high tariffs on foreign products, especially from China, greater global trade tensions are expected. This could generate economic uncertainty, weakening traditional markets and increasing interest in alternative assets like Bitcoin. Investors might see cryptocurrencies as a safe haven against potential stock market declines. However, there could also be greater crypto regulation if the government seeks to control capital flows. In summary, TrumpTariffs could increase volatility in crypto but also its appeal as a safe haven asset.
