A new study shows that 68% of Americans have invested in Bitcoin following Trump’s tariff announcements, with 72% choosing Bitcoin over Gold. Additionally, 76% view Bitcoin as a safe haven asset and 81% plan to increase their Bitcoin holdings if the US Bitcoin Reserve Bill is approved.
Amidst growing global uncertainty due to Trump’s trade policies, Americans are increasingly looking to Bitcoin as a safe investment option. While gold was traditionally seen as a safe haven, recent trends indicate a shift towards cryptocurrency.
A survey conducted by NFTEvening and Storible with 1,290 Americans revealed that a significant number have turned to Bitcoin since the tariff announcements, surpassing gold investors. This highlights a turning point for Bitcoin as a hedge against economic instability.
Furthermore, more respondents have allocated funds to Bitcoin than gold after Trump’s tariff announcements, showcasing the rising trust in Bitcoin as a financial asset. A notable percentage of Americans have entered the crypto market for the first time due to these tariffs, indicating a growing interest in Bitcoin.
Confidence in Bitcoin’s stability is strong, with a majority viewing it as a reliable safe haven. The survey also indicates a positive outlook for Bitcoin, with many planning to increase their investments if the US Bitcoin Reserve Bill is enacted.
Interestingly, many Americans believe that Trump’s policies will drive Bitcoin to new highs, emphasizing his impact on the crypto market. Overall, Bitcoin is becoming a preferred safe haven for Americans amidst economic uncertainties, with a shift towards digital assets over traditional ones like gold.