The post Trump’s Trade Tariffs: How They Could Boost Bitcoin Prices Amidst a Weakening US Dollar appeared on BitcoinEthereumNews.com.

In a recent statement, Jeff Park, Chief Strategy Officer at Bitwise Alpha, articulated the potential ramifications of Trump’s tariff policies on the future of Bitcoin. According to Park, these trade measures could inadvertently lead to a depreciation of the US dollar in the international currency landscape. As the dollar weakens, investors may seek refuge in alternative assets like Bitcoin, driving up its price over time. Furthermore, Park highlighted that a declining trend in US Treasury yields could enhance the attractiveness of cryptocurrencies, as they may offer superior returns relative to traditional fixed-income investments. This interplay between fiscal policy and asset valuation underscores the need for market participants to remain vigilant and adaptable to shifts in macroeconomic conditions. Source: https://en.coinotag.com/breakingnews/trumps-trade-tariffs-how-they-could-boost-bitcoin-prices-amidst-a-weakening-us-dollar/

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Filed under: News - @ February 3, 2025 12:15 am