Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears
- Bitcoin’s resilience highlights its growing role as a hedge amid macro uncertainty.
- Trump’s tariff volatility drives demand for alternative assets like BTC and gold.
- Legal battles over IEPA raise broader concerns about unchecked economic authority.
Bitcoin is carving out a new role as a ‘safe’ asset, a direct response to mounting fears over Trump administration tariffs and an impending recession. Investors have started treating the digital currency differently now, seeking refuge from growing market instability.
Insights from a recent Scott Melker panel with top analysts underscore the trend: Bitcoin’s resilience above $85,000, a performance that parallels gold’s strong rally this year. Both Bitcoin and gold seem to be benefiting from this flight to perceived safety.
Related: Trump’s Economic Proposals: Tariffs, Tax Cuts, and Global Tax Withdrawal
Why Are Tariffs and Economic Jitters Boosting Bitcoin?
Trump’s unpredictable tariff agenda has only injected instability into the ma…
The post Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears appeared first on Coin Edition.
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Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears
- Bitcoin’s resilience highlights its growing role as a hedge amid macro uncertainty.
- Trump’s tariff volatility drives demand for alternative assets like BTC and gold.
- Legal battles over IEPA raise broader concerns about unchecked economic authority.
Bitcoin is carving out a new role as a ‘safe’ asset, a direct response to mounting fears over Trump administration tariffs and an impending recession. Investors have started treating the digital currency differently now, seeking refuge from growing market instability.
Insights from a recent Scott Melker panel with top analysts underscore the trend: Bitcoin’s resilience above $85,000, a performance that parallels gold’s strong rally this year. Both Bitcoin and gold seem to be benefiting from this flight to perceived safety.
Related: Trump’s Economic Proposals: Tariffs, Tax Cuts, and Global Tax Withdrawal
Why Are Tariffs and Economic Jitters Boosting Bitcoin?
Trump’s unpredictable tariff agenda has only injected instability into the ma…
The post Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears appeared first on Coin Edition.
Read More
Q2 Bitcoin Outlook Brightens on Favorable Macro Shifts, Technical Strength