Trump States U.S. Won’t Lose Without China Trade – Coincu
The post Trump States U.S. Won’t Lose Without China Trade – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Trump’s trade stance affects global markets significantly. Bitcoin emerges as a preferred safe haven during the turmoil. Potential for increased cryptocurrency adoption amidst geopolitical tensions. Bitcoin (BTC) maintains its position as a digital safe haven amid geopolitical instability, trading at $94,456.67, as per CoinMarketCap. With a market cap of $1.88 trillion and a dominating 64.09% share, its 30-day price has surged 14.96%, contrasting a modest 0.23% 24-hour rise. The Coincu research team highlights that such tensions could enhance cryptocurrency adoption, with potential regulatory and technological shifts promoting further market decentralization. This trend underscores a growing preference for secure digital assets amidst global uncertainty. Bitcoin Surges as Investors Seek Safe Havens According to market reports dated May 7, Trump’s assertion that the U.S. would not lose from halting trade with China underscores a resolute trade policy posture. “China wants to negotiate, we will meet at the right time,” Trump stated, pointing to potential future talks aimed at economic re-engagement. The S&P 500 experienced a steep decline, shedding nearly 19% as investors reevaluated risk exposure. This downturn erased $5.8 trillion in market value over four days, highlighting significant turmoil. Key political figures, such as Caroline Levitt, emphasized collective interest in a trade deal, while Treasury Secretary Benson warned that a resolution timeline could span several years. Market speculation around crypto assets suggests strengthened investor inclination toward non-sovereign holdings. Market Analysis Did you know? Historically, during U.S.-China trade tensions, Bitcoin has witnessed capital inflows, buoyed by its image as “digital gold,” providing a hedge against market storms and fiat currency fluctuations. Bitcoin (BTC) maintains its position as a digital safe haven amid geopolitical instability, trading at $94,456.67, as per CoinMarketCap. With a market cap of $1.88 trillion and a dominating 64.09% share, its 30-day price has surged 14.96%, contrasting a modest…
Filed under: News - @ May 6, 2025 6:29 pm