Editor's PiCK
Grayscale: "US Tariffs Pressure Reserve Currency Demand... Positive for Bitcoin"
Summary
- Grayscale stated that US tariff policy could have a positive long-term impact on Bitcoin adoption.
- Tariffs and trade conflicts could pressure reserve currency demand and positively impact scarce assets like gold and Bitcoin.
- If dollar weakness and inflation persist, an environment favorable to Bitcoin could be created.
An analysis has emerged suggesting that US President Donald Trump's tariff policy could pressure reserve currency demand and positively impact Bitcoin (BTC).
According to CoinDesk on the 10th, US asset management firm Grayscale stated in a report on the 9th (local time) that "(US) tariffs and trade conflicts could have a positive long-term impact on Bitcoin adoption." Grayscale analyzed that "high tariff rates could lead to stagflation, where recession and inflation occur simultaneously," and "this is negative for traditional assets but could positively impact scarce assets like gold and Bitcoin."
Grayscale anticipated that the US government's tariff measures could enhance Bitcoin's growth potential. Grayscale stated, "Trade conflicts could pressure reserve currency demand for the US dollar," and "(in this case) it would open up space for other fiat currencies or competing assets like gold and Bitcoin to grow." They added, "Past precedents suggest that sustained dollar weakness and above-average inflation could occur," and "such a macroeconomic environment could favor Bitcoin."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
