#Reservaestrategica Signals: bitcoin could stop being considered a risky asset
While bitcoin shows correlation with risky assets on Wall Street, this could change with Trump's new measures.
U.S. President Donald Trump is raising pressure in the geopolitical sphere with new tariffs on imports. Today, it was again Canada's turn, adding a 25% tariff to the one he had already imposed, in response to those the country has. This tariff war is causing turbulence in Wall Street markets, and bitcoin (BTC) is not exempt from it (for now).
Extreme fear has prevailed in U.S. stock exchanges and the cryptocurrency market for the past two weeks, according to sentiment surveys. This state began when Trump announced tariffs on imports from the European Union, adding to those imposed on China, Mexico, and Canada.