#TrumpTariffs
Trump ignites the trade war again... Is crypto the refuge?
In a controversial move, former President Donald Trump announced his intention to reimpose strict tariffs if he wins the upcoming election, which includes:
Tariffs of up to 60% on imports from China
Expanding tariffs on strategic goods from Europe and Mexico
Market reaction?
Stock markets experienced sharp fluctuations
Gold rose as a traditional safe haven
But notably: Bitcoin rose by 3% in the early hours
The message for the smart investor:
With the rise of protectionist policies, the search for assets that are not bound by borders and not controlled by governments is increasing... Here, crypto emerges as a genuine hedging tool.
Are we facing a new wave of inflow towards digital assets?