The potential creation of an American state property fund under Trump, with possible allocations in Bitcoin, can significantly improve market moods and even more legitimize cryptocurrency as a category of assets. This development can attract increased institutional investments, positioning Bitcoin both as a strategic act and potential protection against economic risk, including the effects of the ongoing trade war. However, the actual impact will depend on the level of the Fund’s exposure to Bitcoin and the prevailing macroeconomic conditions. It also introduces new variables, such as political and regulatory risk, which can contribute to increased price variability.
Meanwhile, the escalation of commercial tensions will probably affect the trajectory of Bitcoin prices in the near future. In scenarios of increased economic uncertainty or market instability, Bitcoin may appear as a protection against currency devaluation and inflation, potentially driving prices. And vice versa, a serious economic slowdown or increased risk aversion can cause sales in the wide market, and Bitcoin is not completely resistant to such corrections. Nevertheless, the relative independence of Bitcoin from traditional market dynamics can help alleviate some of these effects, emphasizing its evolving role on global financial markets.