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Trump tariffs reignite idea that Bitcoin could outlast US dollar

cryptoweekly by cryptoweekly
April 9, 2025
in bitcoin, News
0

Bitcoin overtaking the US dollar is “an actual truth to grapple with,” says a crypto analyst.

The lingering fears triggered by US President Donald Trump’s sweeping global tariffs have analysts increasingly convinced that Bitcoin is now more likely than ever to challenge the US dollar in the years ahead.

“Higher chance Bitcoin survives over the dollar in our lifetime after today,” Bitwise Invest head of alpha strategies Jeff Parks said in an April 9 X post.

“First time the thought hit me and didn’t feel like theory but an actual truth to grapple with,” Parks added. 

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  • US Bitcoin ETFs hit 8-day inflow streak despite Middle East tensions
  • Elon Musk’s AI firm xAI faces lawsuit over data center air pollution
  • ‘Crypto-native’ asset managers quadruple onchain holdings since January
  • Iran orders crypto exchange curfew after $100M Nobitex hack
  • ‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin bill
  • Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’
  • Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal

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