#TrumpTariffs
**Arthur Hayes warns Trump's proposed tariffs (effective July 9) could trigger near-term crypto volatility. He argues tariffs might weaken the US dollar, pressuring central banks like the Fed to inject liquidity via easing measures. Historically, such money printing boosts assets like Bitcoin and gold, positioning them as safe havens during macro uncertainty. Hayes explicitly states: “Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC.” He predicts this scenario could propel Bitcoin to $250,000 by end-2025 if the Fed resumes quantitative easing, viewing tariffs as a net medium-term positive for crypto despite short-term turbulence.**
