I personally think that the trade war has no benefit to the market development of cryptocurrency, and it will only drag down the development of the cryptocurrency market. The trade war will not only hurt the other side, but also hurt oneself, affecting the development of the world economy, and of course the cryptocurrency market. Will be adversely affected
That is the point. I think the crypto market gets a boom whenever there is a slow in The global economy as investors look for alternative investments. In this case of US trade war with China and the EU we should expect a diminision in some sectors like manufacturing and shipping and such downstream industries. Moreover, there could be shocks on the exchangdm rate of the currency of a losing economy (country) in a trade war, and some investors, I think, would probably seek a safe haven in cryptocurrency in the absence of other viable alternatives.