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.