{"id":126799,"date":"2025-04-09T13:15:30","date_gmt":"2025-04-09T13:15:30","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126799"},"modified":"2025-04-09T13:15:30","modified_gmt":"2025-04-09T13:15:30","slug":"bitcoins-safe-haven-appeal-grows-during-trade-war-uncertainty","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126799","title":{"rendered":"Bitcoin\u2019s safe-haven appeal grows during trade war uncertainty"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe global trade war may be a silver lining for Bitcoin\u2019s growing recognition as a safe-haven asset next to gold, thanks to its liquidity and accessibility advantages compared to precious metals.<br \/>\nFinancial markets have been rattled since US President Donald Trump\u2019s April 2 reciprocal import tariffs announcement, leading to record-breaking sell-offs for traditional stock markets and a Bitcoin (BTC) correction below $75,000.<br \/>\nWhile gold remains the dominant refuge for investors during geopolitical stress, analysts say Bitcoin\u2019s digital nature and 24\/7 liquidity are helping it attract renewed interest.<br \/>\n\u201cYou want to store value in something other than U.S. assets. But you don\u2019t want to own other nations\u2019 currencies\/debt\/assets because they\u2019re even weaker and you expect they\u2019ll debase it,\u201d said Hunter Horsley, CEO of crypto asset manager Bitwise, in an April 9 post on X.<br \/>\n\u201cYou look around, and you see it: an asset that can\u2019t be debased, is controlled by no country, and that you can take into your possession immediately. You wind up buying Bitcoin,\u201d Horsely said.<br \/>\nSource: Hunter HorsleyDespite the growing optimism, gold will likely remain the dominant asset, especially in the near term, Aurelie Barthere, principal research analyst at Nansen crypto intelligence platform told Cointelegraph, adding:<br \/>\n\u201cBitcoin is promising, but it\u2019s still quite volatile, it could get there gradually. The PBOC has been shedding U.S. Treasury holdings and increasing gold reserves for years. Therefore, I expect this trend to accelerate regardless of the crypto narrative.\u201d<br \/>\nRelated: 4th gen crypto needs collaborative tokenomics against tech giants \u2014 Hoskinson<br \/>\nChina\u2019s Finance Ministry on April 9 announced new tariffs of up to 84% on US imports, effective April 10, as a retaliatory measure against Trump\u2019s policy. Analysts believe a resolution could reduce uncertainty and reignite appetite for risk assets like crypto.<br \/>\nChina\u2019s tariffs come as a retaliatory response to Trump\u2019s tariff plan, which imposed a 34% tariff on Chinese imports, effective April 9.<br \/>\nSome industry analysts see Trump\u2019s global tariff negotiations as mere \u201cposturing\u201d for the US to reach an agreement with China, a development that may end global trade uncertainty and see risk assets such as crypto recover.<br \/>\nRelated: Bitcoin ETFs lose $326M amid \u2018evolving\u2019 dynamic with TradFi markets<br \/>\nChina, Russia reportedly using Bitcoin for settlement<br \/>\nSome nations are already taking steps toward using crypto assets for settlement in global trade.<br \/>\n\u201cChina and Russia have reportedly begun settling some energy transactions in Bitcoin and other digital assets,\u201d wrote Matthew Sigel, head of digital assets research at VanEck, in an April 8 note. \u201cThese are early signs that Bitcoin is evolving from a speculative asset into a functional monetary tool.\u201d<br \/>\nSigel noted other examples, including Bolivia\u2019s plans to import electricity using crypto and French utility firm EDF\u2019s exploration of using surplus power to mine Bitcoin.<br \/>\n\u201cThese developments reflect a growing interest in neutral settlement rails, especially among economies looking to bypass the U.S. dollar,\u201d he said.<br \/>\nPrevious reports also indicated that Russia is using Bitcoin and stablecoin for international oil trade to circumvent global sanctions.<br \/>\nBitcoin\u2019s evolving \u201cvolatility profile\u201d also points to BTC \u201cgradually maturing from a risky asset to a safe-have asset,\u201d wrote Andr\u00e9 Dragosch, macro analyst and European head of research at Bitwise.<br \/>\nWhile the tariff uncertainty will continue limiting risk appetite during the negotiations, positive developments could bring renewed investment into crypto markets.<br \/>\n\u201cWe\u2019ll start to see the rotation toward the crypto markets in the coming period where there\u2019s more calm and peace in the markets where investors start to buy the dip and understand that some things have been undervalued,\u201d Micha\u00ebl van de Poppe, founder of MN Consultancy, told Cointelegraph.<br \/>\nMagazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler\u2019s Digest, March 23 \u2013 29<a href=\"https:\/\/cointelegraph.com\/news\/trade-war-uncertainty-bitcoin-adoption-nations?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe global trade war may be a silver lining for Bitcoin\u2019s growing recognition as a safe-haven asset next to gold, thanks to its liquidity and accessibility advantages compared&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126799"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126799"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126799\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126799"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}