#BitcoinWithTariffs Trump's tariffs could be beneficial for Bitcoin: Here's why

Bitcoin could be perceived as the preferred reserve asset if the US Dollar continues to lose ground.

The lingering global trade war could cause an interest spike in crypto as a non-sovereign asset, says Binance CEO.

Bitcoin dropped below $76,000 after the US imposed an additional 50% tariff on China, bringing the total trade levy on Chinese goods to 104%.

Bitcoin (BTC) dropped below $76,000 on Tuesday as the crypto market extended its decline after President Donald Trump imposed an extra 50% tariff on China. Despite the immediate price dip, several crypto experts suggest that Bitcoin could see tremendous growth if the US Dollar (USD) continues to plunge and loses credibility as a reserve asset