<ul><li>Tariffs imposed by U.S. President Donald Trump on Chinese imports have led to a plunge in Bitcoin and Ethereum prices.</li><li>The trade standoff between China and the U.S. has caused uncertainty in both traditional and crypto markets.</li><li>The immediate impact of the tariff escalation is expected to be negative for cryptocurrencies due to suppressed global growth and investor risk aversion.</li><li>However, some analysts believe that in the long-term, Bitcoin could serve as an alternative reserve asset if countries seek alternatives to the U.S. dollar.</li></ul>

Trump’s Tariff Surge on China Sparks Global Jitters — Can Bitcoin Become an Alternative to USD?

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