The tariff war between countries, especially major ones like the U.S. and China can indirectly affect Bitcoin (BTC/USD), but in a very different way compared to gold.
Like gold, Bitcoin is sometimes treated as a hedge against uncertainty, especially by retail and some institutional investors.
Trade wars create global tension and fear of economic slowdowns, which could drive increased demand for decentralized assets like BTC.
So, tariff wars can be bullish for BTC, especially if investors look for non-sovereign assets not tied to any single country’s policy.
If tariffs hurt a country’s economy, its currency might weaken (e.g., yuan or euro falling).
People in those countries may convert their local currencies into BTC to escape devaluation or capital controls.
We've seen this in countries like Argentina, Venezuela, and even China (to an extent), where BTC becomes a store of value.
Tariffs often raise the price of imported goods = higher inflation.
If fiat currencies lose purchasing power, people may shift to scarce assets like Bitcoin, which has a fixed supply.
This is similar to gold’s appeal during inflation.
However, unlike gold, Bitcoin is still considered a risk-on asset by much of the market.
During global panic or liquidity crunches (like early COVID), BTC can crash short-term, as people sell it to raise cash.
But in the medium to long term, uncertainty and inflation risk usually help BTC recover and rise.
If the tariff war expands and triggers more inflation, currency instability, or global economic worry, Bitcoin could rise in value.
It won’t be a smooth ride (expect volatility), but BTC tends to benefit from the loss of trust in governments, fiat systems, and centralized economies—which trade wars can intensify.
Like gold, Bitcoin is sometimes treated as a hedge against uncertainty, especially by retail and some institutional investors.
Trade wars create global tension and fear of economic slowdowns, which could drive increased demand for decentralized assets like BTC.
So, tariff wars can be bullish for BTC, especially if investors look for non-sovereign assets not tied to any single country’s policy.
If tariffs hurt a country’s economy, its currency might weaken (e.g., yuan or euro falling).
People in those countries may convert their local currencies into BTC to escape devaluation or capital controls.
We've seen this in countries like Argentina, Venezuela, and even China (to an extent), where BTC becomes a store of value.
Tariffs often raise the price of imported goods = higher inflation.
If fiat currencies lose purchasing power, people may shift to scarce assets like Bitcoin, which has a fixed supply.
This is similar to gold’s appeal during inflation.
However, unlike gold, Bitcoin is still considered a risk-on asset by much of the market.
During global panic or liquidity crunches (like early COVID), BTC can crash short-term, as people sell it to raise cash.
But in the medium to long term, uncertainty and inflation risk usually help BTC recover and rise.
If the tariff war expands and triggers more inflation, currency instability, or global economic worry, Bitcoin could rise in value.
It won’t be a smooth ride (expect volatility), but BTC tends to benefit from the loss of trust in governments, fiat systems, and centralized economies—which trade wars can intensify.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.