🚨 Implications for the Crypto Market:
1. Increased Global Uncertainty:
Ending trade talks can signal rising geopolitical tension and economic friction, which typically injects volatility into global markets.
2. Risk-Off Environment:
Traditional investors may flee to safer assets like gold or the U.S. dollar. Crypto may temporarily sell off as part of a broader risk-off move.
3. Mid-to-Long-Term Bullish Case:
If trade tensions escalate, it can weaken confidence in fiat systems, potentially strengthening Bitcoin's narrative as a decentralized, non-sovereign asset.
4. Capital Flight into Crypto:
Investors in both the U.S. and Canada could view crypto as a hedge against economic instability or policy uncertainty.