Trump signs executive order that could boost cryptocurrency use in US-China relations
- Trump escalates dispute with China, affecting global trade
- Bitcoin gains prominence as a hedge against economic stress
- Cryptocurrencies may advance with changes in trade policy
US President Donald Trump announced a new executive order in April focusing on the maritime domain, directly targeting China’s strategic sectors. The move aims to strengthen US economic control, especially in areas such as shipbuilding, and has significant implications for international trade.
With the adoption of new tariffs on Chinese infrastructure goods, analysts point out that the impacts could go beyond the logistics sector and directly affect global trade flows. In this scenario, interest in decentralized alternatives, such as cryptocurrencies, is growing, especially among investors seeking to protect their assets from exchange rate fluctuations.
The executive order is seen as part of a broader strategy to strengthen domestic U.S. industries. “Our new executive order represents an important step toward restoring America’s dominance in the maritime industry, which indirectly affects our trade relationship with China,” Trump said.
Experts indicate that this type of geopolitical movement usually provokes reactions in the cryptocurrency market, especially Bitcoin. Currently quoted at US$ 83.153,29, the asset has a market dominance of 62,87% and has appreciated 4,27% in the last 24 hours. The volume traded during this period was US$ 40,26 billion, which demonstrates the continued interest of investors in times of uncertainty.
Recent reports suggest that tensions between the US and China are triggering greater adoption of cryptocurrencies, not only as a store of value but also as an alternative mechanism for international trade transactions. Historical analysis supports this view, considering that moments of geopolitical tension often coincide with high trading volumes involving digital assets.
For some analysts, this new stance by the US could boost the use of Bitcoin as a safe haven asset, especially if trade measures intensify in the coming weeks. The increase in demand for cryptocurrencies in periods of monetary instability is a trend observed globally, especially in emerging markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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