Analysts are scrutinizing the financial fallout from US President Donald Trump's import tariffs, which some argue underscore Bitcoin's economic advantages amid global uncertainty. Following Trump's decision to pause tariff increases, vulnerabilities emerged in the US bond market. Economist Saifedean Ammous asserted that Trump's reversal was driven by increasing bond yields, indicating the administration's predicament. The 10-year Treasury yield spiked from under 4% to 4.5%, contrary to the administration's aims, suggesting the economic strategy backfired. Ammous noted the rapid reversal of tariffs showcased weakness in Trump's negotiation tactics, as China remained unresponsive. Amidst this turmoil, Bitcoin has shifted to a role more resembling a hedge against economic instability, potentially positioning it as a competitor to gold. With calls to back the US dollar with Bitcoin, there are suggestions to adopt a Bitcoin standard, recalling historical ties between currency and gold. This situation may foster broader discussions on the future of Bitcoin and its potential integration into traditional financial frameworks.

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