Trump's tariffs shake global markets.. and cryptocurrencies are waiting for the opportunity
Trump threatened to impose tariffs of up to 70% starting August 1 if countries do not reach trade agreements with the U.S. by July 9. Global markets have begun to be negatively affected, amid fears of a global trade war. Cryptocurrencies may experience temporary fluctuations, but economic instability could lead to greater reliance on Bitcoin and stablecoins as a hedge against inflation and an alternative to the traditional financial system.