Bitcoin remains steady while traditional markets struggle following Trump’s new tariffs. Wall Street saw unexpected dips, yet Bitcoin’s reaction has been notably calm. Analysts believe this signals a new phase of market maturity for crypto.
Nexo Dispatch Editor Stella Zlatarev notes that Bitcoin is no longer just a speculative asset. Its ability to withstand macroeconomic shocks suggests institutions now see it as a strategic investment rather than a high-risk bet.
Bitcoin as a ‘Risk-Dynamic’ Asset
Bitcoin doesn’t behave like traditional safe havens such as gold or the yen. Instead, experts classify it as a “risk-dynamic” asset—one that remains stable in uncertain times but doesn’t attract traditional flight-to-safety flows.
Zlatarev also highlights the importance of Ethereum’s reaction. If ETH follows Bitcoin’s stability, it strengthens the argument that blue-chip cryptocurrencies are evolving into a more predictable asset class. However, if ETH falters, Bitcoin may remain the only crypto in a league of its own.
Macroeconomic Shifts Could Boost Bitcoin
Trump’s tariffs have rattled global markets, with Polymarket now placing a 50% chance on a US recession this year. Meanwhile, traders on CME FedWatch now expect the Federal Reserve to cut interest rates four times in 2024.
Former BitMEX CEO Arthur Hayes warns that Trump’s policies may weaken the US bond market, increasing pressure on the Fed to inject more liquidity. If this happens, Bitcoin could benefit as a hedge against dollar devaluation.
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Trump’s tariffs could reduce foreign demand for US Treasuries, forcing the Fed to add more liquidity—a move that may weaken the dollar and strengthen Bitcoin’s appeal as an alternative store of value.
