On April 6, according to Bitwise analyst Jeff Park, President Trump's trade policies will trigger global macroeconomic turbulence and a short-term financial crisis, ultimately driving larger-scale adoption of Bitcoin as a store of value asset. Park believes that the economic instability brought by the trade war will prompt governments to adopt inflationary fiscal and monetary policies, which will further devalue fiat currencies and lead to hedging behaviors seeking alternative store of value assets (such as Bitcoin) globally.

The analyst concluded that this increased demand for Bitcoin will drive its price significantly higher in the long term. Park previously predicted the immediate impact of the trade war in a tweet on February 2: "Tariff costs are likely to be shared by the United States and its trading partners through higher inflation, but the impact on foreign countries will be relatively more severe. These countries will then have to find ways to address their sluggish growth issues."

Although the increased demand for Bitcoin as a store of value asset against rapidly depreciating fiat currencies will push BTC prices higher in the long term, Park stated that global financial markets will experience short-term pain and wealth destruction caused by the trade war.