Arthur Hayes, co-founder of BitMEX, has expressed a positive outlook on tariffs imposed by the Trump administration, suggesting they could correct global economic imbalances and benefit Bitcoin (BTC) in the medium term. In a recent post, Hayes indicated that the disruption caused by these tariffs, particularly on China and the EU, would lead to a weakening of the US Dollar Index (DXY), prompting overseas investors to sell off US stocks and seek refuge in assets like Bitcoin. He noted that China's response to significant tariffs might include devaluing the yuan, pushing Chinese investors towards Bitcoin as a safer investment. Additionally, Hayes highlighted the expectation of Federal Reserve easing due to the economic strain, which would increase liquidity and further boost risk assets such as Bitcoin. Other analysts, like Jeff Park from Bitwise Invest, share similar sentiments, believing that weaker US rates will drive risk assets higher. This confluence of factors could position Bitcoin favorably amidst tariff-induced economic shifts.

Source 🔗