US President Donald Trump has announced new tariffs, leading to increased Bitcoin prices as investors view it as a safe haven amid market volatility.
Tariff Announcement
The Trump administration announced new tariffs effective August 1, 2025, targeting countries without trade agreements. This decision continues previous policies aimed at protecting US interests. Treasury Secretary Scott Bessent confirmed the enforcement during a public briefing.
Impact on Financial Markets
Financial markets anticipate increased volatility as a result of these trade measures. Bitcoin, traditionally viewed as a safe-haven asset, experienced a price increase, reflecting rising investor interest as a protective measure against potential uncertainties in traditional markets. JPMorgan CEO Jamie Dimon warned investors not to be complacent in the face of intensifying US trade measures and potential market disruptions.
Bitcoin's Historical Context
In 2018, Trump's tariffs prompted price spikes for Bitcoin, echoing today's market reactions as trade tensions rise. As of July 13, 2025, Bitcoin was priced at $117,871.79, with a market cap of $2,344,664,399,742.85. Despite a 2.45% daily drop, its 90-day growth stands at 39.34%, indicating strong market interest amid economic policy shifts.
The analysis suggests that prolonged tariff policies might boost interest in cryptocurrencies as stable assets in times of uncertainty. Trump's policies continue to influence market dynamics.
