With global trade tensions flaring and economic uncertainty gripping the markets, Bitcoin seems to be quietly charting its course above the chaos.
The world’s largest cryptocurrency by market cap has defied the downtrend in equities, surging to a six-week high of over $89,000 and emerging as an unlikely financial beacon amid the intensifying tariff war between the United States and its main trading partners.
How Tariffs Are Fueling Bitcoin’s Rise
President Donald Trump’s escalating protectionist stance, including his administration’s recent release of a “non-tariff cheating” list and threats toward Federal Reserve Chair Jerome Powell, has rattled investors and amplified fears of an inflationary spiral.
Well-known BTC advocate and crypto investor Kyle Chassé took to X to explain the “tailwinds” behind Bitcoin’s latest uptick. His argument hinges on a chain reaction: tariffs increase import costs, which then drive up consumer prices, eroding purchasing power and weaken
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