Arthur Hayes Explains Why Trump Tariffs Are Good for Bitcoin
Portfolio Pulse from
Arthur Hayes suggests that Trump's recent tariffs, despite causing short-term market volatility, could potentially boost Bitcoin by weakening the US Dollar and prompting investors to seek alternative assets. The tariffs might lead to Fed intervention and potential quantitative easing, which could benefit cryptocurrencies.

April 04, 2025 | 9:30 am
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POSITIVE IMPACT
Bitcoin maintains stability around $84,233 despite market volatility, with potential upside from potential dollar weakening and investor flight to alternative assets.
Hayes suggests tariffs could trigger dollar depreciation, potentially driving investors towards Bitcoin as a hedge. On-chain indicators show some profit-taking, but overall market sentiment remains cautiously optimistic.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100