Learn how the tariff war and Trump's strategies can impact Bitcoin. Expert insights on the rise of Bitcoin amidst economic tensions.
Jeff Park, the Alpha Strategies Manager at Bitwise Asset Management, stated that a long-term tariff war could significantly benefit Bitcoin. Park argues that the new Triffin mystery in the US economy and Trump’s personal goals justify the long-term rise of Bitcoin. He believes tariffs are temporary tools to reach a new international agreement. Park predicts that with increasing economic tensions, the rise of Bitcoin will accelerate. However, the threat of a trade war and Trump’s announcement of tariffs against China, Canada, and Mexico have caused a drop in the digital currency market.
