đ¨ Trumpâs New Tariffs: How Will Crypto Be Affected? đâĄď¸đ
Former President Donald Trump has proposed a 10% across-the-board tariff on all U.S. imports if re-electedâa move that could send shockwaves through global markets, trade, and even crypto. But what does this mean for Bitcoin, altcoins, and DeFi? Letâs dive in. đ
đ Key Takeaways: Trumpâs Tariff Plan & Crypto
â  10% universal tariff on all foreign goods (replacing selective China tariffs).
â Goal: Boost U.S. manufacturing, pressure trade partners, reduce imports.
â ď¸ Risks: Higher inflation, trade wars, supply chain disruptions.
đĽ How Could Tariffs Impact Crypto?
1ď¸âŁ Bitcoin as an Inflation Hedge đĄď¸
If tariffs drive up consumer prices, investors may flock to $BTC as a store of value (like gold).
More inflation = More Fed uncertainty â Could weaken the dollar, helping Bitcoin.
2ď¸âŁ Trade Wars & Capital Flight đâĄď¸đ°
If China/EU retaliate, global markets could panic.
Investors might turn to crypto (especially stablecoins) to move money across borders.
3ď¸âŁ Crypto-Friendly Trump Policies? ďż˝
Trump has warmed up to Bitcoin, calling it an "unstoppable" asset.
A second term could mean less regulatory hostility vs. Bidenâs SEC crackdowns.
4ď¸âŁ Dollar Strength & Crypto đđľ
If tariffs make the dollar surge, altcoins could suffer short-term.
But if tariffs backfire (higher debt, inflation), crypto could rally as a hedge.
đ Which Cryptos Could Benefit?
$BTC (Bitcoin)Â â Ultimate safe haven.
$XMR (Monero)Â â If trade restrictions increase, privacy coins may see demand.
USDT/USDT/USDCÂ â More cross-border transactions if traditional banking gets messy.
DeFi tokens â If capital controls tighten, decentralized finance could gain traction.