According to Grayscale, Tariffs and Trade Disputes Might Accelerate Bitcoin Adoption Over the Next Few Months.

Grayscale: Trade Tensions and Tariffs Could Boost Bitcoin’s Role as a Safe-Haven Asset

Grayscale’s latest research suggests that ongoing trade tensions and tariffs could have a positive impact on bitcoin (BTC) adoption over the medium term, as these factors contribute to economic conditions that favor scarce assets.

According to the report, higher tariffs lead to stagflation—characterized by slow economic growth paired with inflation—which negatively affects traditional assets but benefits commodities like gold and bitcoin, both seen as stores of value. Bitcoin, often dubbed “digital gold,” is increasingly recognized as a modern form of hard money.

On Wednesday, following President Donald Trump’s announcement of a 90-day pause on tariffs for countries that have not retaliated against the U.S., cryptocurrencies experienced a surge, with bitcoin seeing notable gains.

Grayscale noted that trade tensions could lead to a decline in demand for the U.S. dollar, potentially opening the door for alternative assets like gold and bitcoin to gain prominence.

Looking at historical trends, the report suggests that continued dollar weakness and inflation could create a favorable macroeconomic backdrop for bitcoin’s growth. Additionally, “U.S. government policy changes that improve market structure” could help broaden bitcoin’s investor base, further supporting its rise.