Strong trade protectionism, manifested in the imposition of a 25% tariff on goods from many countries, has sparked a risk-averse sentiment in global markets. At the same time, the administration signed an executive order to create a strategic reserve of Bitcoin.
While these announced policies aim to enhance monetary sovereignty and economic security for the United States, they actually create a complex and contradictory market environment. On one hand, tariffs disrupt supply chains and increase potential costs for businesses, along with the risk of trade wars and retaliatory actions from other countries. This drives investors towards traditional safe-haven assets and may lead to inflationary pressures.
On the other hand, the establishment of a strategic reserve of Bitcoin represents a bold and unprecedented step. This measure may grant significant legitimacy to Bitcoin as a store of value asset, attracting more institutional investments. However, such a move may also increase short-term market volatility and raise questions about the future regulation of digital currencies.