Bitcoin: Expert Points to Greater Chance BTC Outlasts the US Dollar
The United States economy is caught in an increased state of vulnerability after US President Trump announced sweeping tariffs to a host of trade partners. Indeed, it has subsequently threatened the nation’s currency, as one expert points to the reality that Bitcoin now has a greater chance of outlasting the US dollar. Specifically, Jeff Park, the head of Alpha strategies at Bitwise Invest, discussed the two currencies. Moreover, he noted that the currency situation could create a monumental shift that sees the leading cryptocurrency actually outlast the global reserve asset. Source: Watcher Guru Also Read: Bitcoin May Get Boost as Chinese Yuan Devalues Amid US Trade War Bitcoin to Outlast the US Dollar? Here’s What One Expert Is Saying The US is currently on the brink of a trade war with China. Moreover, it is facing increased recession risks based on the nation’s new Liberation Day tariffs. Its 10% baseline import duty has already been answered by many countries, wit...