With the announcement of new tariffs in the United States, financial markets have experienced significant turmoil, drawing attention to Bitcoin 
$83,626. Notable macro investor and fund manager Dan Tapiero highlighted Bitcoin’s potential to perform strongly against the S&P 500 index. In a time of increasing economic uncertainties, Bitcoin’s independent nature from the traditional financial system may set it apart, as investors are likely to seek alternative strategies and show greater interest in cryptocurrencies as hedges.
Bitcoin Gains Traction as Traditional Indices Weaken
According to Tapiero, the new tariffs implemented by President Donald Trump led to sharp sell-offs in the stock markets. The rapid decline observed in traditional markets is providing Bitcoin with an opportunity to gain strength in a different arena. Tapiero notes that in an environment where investors are showing a tendency to escape risk, Bitcoin is preparing for a rise again...
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