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Global Trade Wars May Drive Bitcoin Growth, Binance CEO Suggests

  • Binance CEO suggests that global trade wars may drive long-term investors towards Bitcoin as a non-sovereign store of value amidst economic uncertainties.
  • Bitcoin's price remains sensitive to policy signals and global risk sentiment, making it highly influenced by geopolitical speculation and tariff-related news.
  • The resurgence of trade protectionism leads to short-term market volatility, causing investors to adopt a risk-off approach.
  • Despite short-term fluctuations, Bitcoin's appeal as a hedge against economic uncertainty may lead to increased interest in the cryptocurrency market.

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