1 Surprising Way Trump's Tariffs Could Affect Bitcoin
For much of its history, Bitcoin (CRYPTO: BTC) has been considered the ultimate "risk on" asset. It is highly volatile, and it is prone to boom-and-bust cycles. Many investors and analysts warn against adding even a smidgen of Bitcoin to a portfolio, due to its unpredictable risk-reward profile.
But something very interesting has happened this year. The longer that global tariff uncertainty persists, the more talk there has been of Bitcoin becoming the ultimate safe haven asset. In short, Bitcoin has seemingly transformed from a "risk on" asset to a "risk off" asset, within an astonishingly short period of time. Let's take a closer look at what that could mean for your portfolio.
The Bitcoin currency is global, digital, decentralized, and non-sovereign. The supply of new Bitcoin is carefully controlled by an algorithm, and no central bank or sovereign government can change this.
Source Fool.com
