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Analysis: There are no winners in a trade war, the price of Bitcoin will skyrocket as a result

Analysis: There are no winners in a trade war, the price of Bitcoin will skyrocket as a result

Bitget2025/04/06 01:20

PANews reported on April 6th, according to Cointelegraph, Bitwise analyst Jeff Park stated that Trump's trade policies could trigger global macroeconomic instability and short-term financial crises. However, this would also accelerate the widespread adoption of Bitcoin as a tool for storing value.

Park believes that the uncertainty brought about by the trade war will prompt governments around the world to adopt more inflationary fiscal and monetary policies, leading to further depreciation of legal tender. As economic growth is under pressure, global funds may flow into anti-inflationary and non-sovereign assets such as Bitcoin for hedging purposes. In the long run, this could become an important driver for rising Bitcoin prices.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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