In the short term, Trump's tariff threat to the EU is almost certain to cause volatility and depreciation in the cryptocurrency market due to investors' "risk-averse" sentiment. However, in the long term, if this situation escalates into a full-blown trade war that causes an economic recession or weakens fiat currencies, Bitcoin and some other cryptocurrencies may find a new role as a safe-haven asset or a hedge against inflation.
BTC
85,620.56
-3.53%
TRUMP
5.26
-3.43%
