Trade War Threat Looms, Bitcoin Expected to Surge as Safe Haven Asset

A looming trade war between the US and its trading partners is threatening global economic stability and causing uncertainty in financial markets. According to Bitwise analyst Jeff Park, this turmoil will likely propel demand for Bitcoin (BTC) as a safe-haven asset due to its inherent resistance against inflationary pressures. The impact of tariffs on both domestic and foreign economies will contribute to short-term financial disruptions, but ultimately force nations to seek alternative forms of value preservation, such as Bitcoin.