Part 1: Trade wars to tax breaks - how Trump’s economic policies shaped the cryptocurrency landscape

With Donald Trump taking office again, the financial world is carefully watching the potential effects of his economic policies on traditional markets and the cryptocurrency sphere. During his first presidency, his approach - encompassing trade conflicts, tax reforms and deregulation - transformed financial landscapes so fostering the emergence of digital currencies. And, as the cryptocurrency market has developed since then, it faces a defining moment because Trump’s policies are likely to play an even bigger role in shaping the future of crypto, making the intersection of economic challenges and digital currencies more crucial than ever.

The US-China trade war: fuelling interest in Bitcoin

Source: TeamBlockchain

One of the defining elements of Trump’s economic agenda, the US-China trade war, had extensive economic consequences thus driving many investors to turn to alternative assets. Beginning in 2018, Trump’s tariffs on imports from China provoked retaliatory actions, leading to esca…