Trump tariffs could finally turn Bitcoin into an inflation hedge, Messari analyst says

From Yahoo Finance: 2025-04-18 19:21:00

Bitcoin could become an inflation hedge if trade tensions erode the U.S. dollar’s global supremacy, according to Messari analysis. The cryptocurrency is currently closely tied to the S&P 500, but long-term decoupling may be on the horizon. Financial leaders like BlackRock’s CEO have expressed concerns about the dollar losing its reserve status to Bitcoin. Federal Reserve chairman Powell’s comments on tariffs and inflation have drawn criticism from President Trump. Amid these uncertainties, Bitcoin analysts see potential for increased interest in cryptocurrency as an alternative to traditional monetary systems. Bitcoin is currently trading around $84,000 after hitting a new all-time high of $109,000 in January.



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