Recent changes in U.S. economic policy, particularly the introduction of new tariffs, have led to a significant downturn in crypto markets. Let's try to understand how the situation could be remedied.
Tariffs as a Strategic Tool
Recent changes in U.S. tariff policy not only redistribute economic effects on trade but also influence broader financial strategies. Jeff Park from Bitwise believes tariffs are part of a broader strategy related to the dollar's role in the global economy.
Bitcoin’s Role in the New World Economy
If the U.S. weakens the dollar while maintaining low borrowing costs, conditions may become more favorable for risk assets like Bitcoin. This could enhance Bitcoin's role as a store of value independent of government control.
Expert Opinions: Tariffs and the Crypto Industry
Experts differ in assessing the impact of tariffs on the crypto market. Some see it as a temporary phenomenon, while others indicate deeper economic changes that might redefine the role of cryptocurrencies globally. Short-term volatility is likely, but cryptocurrencies could become a secure asset as the economy stabilizes in the long term.
While the impact of tariffs on the crypto market is still emerging, several key trends are notable: short-term volatility but also a gradual recognition of cryptocurrencies as a tool for protection against economic instability.
