Reported 4 days ago
In light of recent tariffs announced by President Trump, Bitcoin exhibited relative resilience compared to traditional markets, dropping only slightly while the S&P 500 saw a significant decline. As economic uncertainties grow, opinions vary on whether Bitcoin might benefit or struggle in a tariff-impacted economy. Proponents suggest Bitcoin could serve as a hedge against inflation, while critics highlight its volatility and potential negative impacts from a global recession. Mining challenges and the overall economic climate will heavily influence Bitcoin's performance in the coming months.
Source: YAHOO