Opinion: Whether the tariff crisis subsides quickly or not is always beneficial to risk assets such as Bitcoin

avatar
ODAILY
02-05
This article is machine translated
Show original
Odaily Odaily reports that Noelle Acheson, the author of the newsletter "Crypto Is Macro Now", said that if the tariff panic subsides quickly, it would be good news for risk assets, including Bitcoin. However, if this is not the case, safe-haven assets such as Bitcoin can benefit from investors seeking to hedge against currency depreciation, and be prepared for the development of the new economy. Even so, the success of Bitcoin largely depends on the strength of the US dollar. She pointed out that "a decline in the US dollar against other currencies will benefit global liquidity and may reawaken risk appetite, benefiting Bitcoin and stocks."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments