Quote from: pooya87 on Today at 03:54:07 PM

Quote from: peter0425 on Today at 04:25:17 AM

Was there an assumption that Trump's tariffs would cause for the economy to go down and drag bitcoin with it?

1. The tariff war is mostly creating disruption in the world and it causes uncertainty which means people are less willing to invest into something that has higher risk than traditional assets such as gold. This means bitcoin will have trouble rising (that doesn't mean it would drop though).

This is exactly where my speculation is also going to, the increase in tariff is simply increasing almost every commodity for the American and with the US trying keep inflation rate as it is which means possible recession there is only one thing i think which is that more investors will sway away from volatile assets and possibly rely on stable assets. The bitcoin market cannot be directly affected by a tariff hike but this policy will definitely affect the investors market sentiment.

But my question has been isn’t bitcoin decentralized enough that as major countries and huge institutions are coming into it, a singular country’s crisis might have much impact on it. For me it is in the past that trump policy can heavily affect bitcoin not that I undermine US as a leading economical country but I think except tariff policy affects other top countries it effect wouldn’t be much