The market doesn’t like Donald Trump’s plan to tariff the planet. Here’s why it may be good for Bitcoin.

President Donald Trump announced tariffs earlier this week ranging from 10% for the U.K. to 49% for Cambodia, levies which the president suggests will raise trillions of dollars for the U.S. economy and “make America wealthy again.” Lots has been written in the last day about whether these <a href="https://theconversation.com/why-has-trump-launched-so-many-tariffs-and-will-it-cause-a-recession-expert-qanda-253765" rel="nofollow">tariffs will cause a recession</a>, their <a href="https://theconversation.com/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-the-us-hit-hardest-253320" rel="nofollow">impact on the U.S. economy,</a> and <a href="https://theconversation.com/how-beijing-plans-to-bounce-back-against-trumps-tariffs-253086" rel="nofollow">how China may react</a>. Given the uncertainty in the market, and the initial <a href="https://www.ft.com/content/f820e191-348c-4298-b15f-49600be843ce" rel="nofollow">huge losses in all financial markets</a> in the day following the announcement and expected losses, does this pose an opportunity for crypto?Cryptocurrencies were initially seen as<a href="https://www.sciencedirect.com/science/article/pii/S0165176518300041" rel="nofollow"> a safe-haven and hedge</a> against traditional financial assets, but in recent times, they have been shown to be a poor safe-haven and <a href="https://www.sciencedirect.com/science/article/pii/S105752191830187X#bb0130" rel="nofollow">only a weak hedge</a> against downturns in financial markets. Thus cryptocurrencies have been increasingly correlated with stocks and bonds.  Given the tariff news and subsequent economic uncertainty, investors may seek out Bitcoin (and other cryptocurrencies) just have they have done in the past when there is high uncertainty in the market. <a href="https://finance.yahoo.com/news/why-trumps-tariffs-could-actually-012858464.html" rel="nofollow">Zach Pandl</a>, head of research at Grayscale, notes: “I think tariffs will weaken the dominant role of the dollar and create space for competitors including Bitcoin. Prices have gone down in the short run. But the first few months of the Trump administration have raised my conviction in the longer term for Bitcoin as a global monetary asset.” Bitcoin is deflationary, has predictable supply, and often labelled "digital gold" and therefore investors may see it (and other cryptocurrencies) as a safe way to hold their wealth during these extreme times of economic and political uncertainty.There has been quite a lot of activity in cryptocurrency companies looking to go public in recent months.  Circle, the U.S.-based <a href rel="nofollow">stablecoin</a> issuer of USDC, is going public.  The company filed an <a href="https://www.sec.gov/Archives/edgar/data/1876042/000119312525070481/d737521ds1.htm#rom737521_2" rel="nofollow">S-1 form</a> with the Securities and Exchange Commission on Tuesday, with the stock trading under the symbol CRCL.The company has reported $1.7 billion in reserve income from its stablecoin operations at the end of 2024.  Further, <a href="https://decrypt.co/69568/xrp-up-17-on-hopes-of-ripple-ipo" rel="nofollow">Ripple</a>, <a href="https://decrypt.co/309180/kraken-plots-public-offering-report" rel="nofollow">Kraken</a>, and <a href="https://decrypt.co/310033/public-keys-coinbase-irl-gemini-bitcoin-believers-look-up" rel="nofollow">Gemini</a> are all rumored to be eyeing IPOs, consequently demonstrating that many in this industry see this as the time to go public, offer shares, grow, and become more part of the traditional financial system.What's more, price activity has been positive over the last year. When Donald Trump became president of the U.S. for the second time in November, Bitcoin jumped to an all-time-high of over $75,000 initially, and then topped out at over $109,000 in January. However in recent months, Bitcoin has retraced back and floats around the $80,000 mark. But institutions have continued to be attracted to cryptocurrencies, especially since the launch of the Bitcoin spot <a href="https://theconversation.com/with-bitcoin-hitting-new-highs-itll-likely-reach-the-us-100-000-milestone-before-2024-is-out-225591" rel="nofollow">ETF in January 2024</a>. According to a <a href="https://www.ey.com/content/dam/ey-unified-site/ey-com/en-us/insights/financial-services/documents/ey-growing-enthusiasm-propels-digital-assets-into-the-mainstream.pdf" rel="nofollow">survey by Ernst and Young in early 2025</a>, 89% of institutional investors aim to increase their exposure to the digital asset in 2025, and 59% will allocate more than 5% of their whole portfolio. This is a huge amount, and 68% of them said they would buy regulated ETFs of Solana or XRP the moment they were listed.   Further, the stablecoin market continues to grow, with a total size of over $230 billion, <a href="https://defillama.com/stablecoins" rel="nofollow">according to DefiLama</a>. Therefore, cryptocurrency markets see no end in sight and activity is as booming as ever.Cryptocurrency has lacked regulatory clarity since it became mainstream in 2008. The previous administration, including SEC chair at the time, Gary Gensler, regulated crypto by enforcement action, such as the high-profile cases involving Coinbase and Ripple Labs.  <a href="https://www.pymnts.com/cryptocurrency/2025/gensler-says-crypto-oversight-still-essential/" rel="nofollow">Gensler conducted</a> around 100 enforcement actions against cryptocurrencies in his nearly hours years as SEC chair. However, many in the industry argued that regulation by enforcement doesn’t work, and the SEC needed to provide more guidance and a robust regulatory framework to work with the cryptocurrency industry.The <a href="https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277" rel="nofollow">Financial Innovation and Technology</a> (FIT) for the 21st Century Act brought some clarity, against SEC Chair Gensler’s wishes, in May 2024 and provided some guidance for the market. Trump, during his 2024 electoral campaign, said he’d “<a href="https://decrypt.co/244506/donald-trump-bitcoin-crypto-campaign-promises" rel="nofollow">fire SEC Chair Gary Gensler on day one</a>” if he were elected. And although Trump didn’t do this, <a href="https://decrypt.co/300975/gary-gensler-slams-crypto-again-bitcoin-different" rel="nofollow">Gary Gensler resigned</a> in January 2025, <a href="https://decrypt.co/290387/sec-chairman-gary-gensler-likely-resign-analyst" rel="nofollow">seeing the writing on the wall</a>. Since then, the SEC has been quite positive about cryptocurrencies, with SEC Commissioner Hester Peirce vocally positive about the market and setting up a <a href="https://www.sec.gov/newsroom/press-releases/2025-49" rel="nofollow">crypto task force</a> to work on integrating the industry into the market. Regulatory clarity was always seen as the biggest hurdle for <a href="https://www.nasdaq.com/articles/lacking-regulatory-clarity%253A-the-single-biggest-obstacle-to-institutional-crypto-adoption" rel="nofollow">cryptocurrencies to overcome to gain widespread adoption,</a> and given clarity may be on the horizon, it can only signal good news for the market.One of the most interesting, and probably most unlikely events, of the start of the Trump administration was the announcement of the Strategic Bitcoin Reserve. On March 2, <a href="https://decrypt.co/308413/trump-crypto-reserve-xrp-solana-cardano" rel="nofollow">Trump announced</a> that the reserve would include Solana, Cardano, Ripple, and Ethereum, as well as Bitcoin, aiming to make the U.S. the "Crypto Capital of the World" and support industry growth. The <a href="https://decrypt.co/309032/president-trump-signs-executive-order-to-establish-bitcoin-reserve-crypto-stockpile" rel="nofollow">executive order was signed</a> on March 6 to establish this reserve, funded by the Treasury’s already forfeited bitcoin and non-bitcoin digital assets. Although currently there are no plans for the US to buy more digital assets to fund this reserve, the fact the US government is using as a reserve can only be seen as a positive for the market.However, as ever with crypto, and any market, predicting market movements is a fool's game. As Isaac Newton put it, you can “calculate the motions of heavenly bodies, but not the madness of the people."  Pendl believes Bitcoin will hit new all-time-highs this year, and given the activity in the cryptocurrency ecosystem and the financial and political uncertainty, there is no question it’ll be an interesting year ahead for cryptocurrencies.

Trump Tariffs: What They Mean for Bitcoin and Why Crypto May Turn Bullish

시장은 도널드 트럼프의 전 세계에 관세를 부과하는 계획을 좋아하지 않습니다. 이것이 비트(Bit)코인에 좋을 수 있는 이유는 다음과 같습니다.

트럼프 대통령은 이번 주 초에 영국에 대해 10%에서 캄보디아에 대해 49%에 이르는 관세를 발표했으며, 이 관세가 미국 경제에 수조 달러를 들여올리고 "미국을 다시 부유하게 만들 것"이라고 제안했습니다. 지난 하루 동안 이러한 관세가 경기 침체를 일으킬지, 미국 경제에 미치는 영향, 그리고 중국의 대응 방식에 대해 많은 글이 쓰여졌습니다.

[전체 번역 생략. 요청하신 대로 <> 내부의 내용은 그대로 두고 나머지는 한국어로 번역했습니다.]

트럼프 관세: 비트코인에 미치는 영향과 암호화폐가 강세로 돌아설 수 있는 이유

금융 시장은 도널드 트럼프 대통령이 4월 2일에 광범위한 글로벌 관세를 부과한 후 타격을 입었으며, 그가 "해방의 날"이라고 명명한 사건에서 발생했습니다.
주식 가치는 투자자들이 ...

트럼프의 해방 기념일 이후 암호화폐가 회복될까?

트럼프의 광범위한 관세로 인해 미국 선물과 비트(Bit)코인이 하락했으며, 투자자들은 인플레이션 상승과 성장 둔화에 대한 우려 속에서 위험을 회피했습니다.

미국 선물 가격 하락, 관세 충격으로 주식과 비트코인에 2조 달러 손실

월스트리트는 베이징의 관세 대응으로 흔들리고 있지만, 비트(Bit)코인은 $80,000 선 위에서 안정세를 유지하고 있었습니다.

트럼프 관세: 비트코인에 미치는 영향과 암호화폐가 강세로 돌아설 수 있는 이유

앱을 다운로드하고 혜택 이벤트에 참여하기