What a Total US-China Trade Freeze Could Mean for Crypto — TradingView News
As tensions between the United States and China escalate, the idea of a full-scale trade freeze, once unthinkable, now feels increasingly plausible. In such a scenario, where both economic superpowers ban entirely each other’s goods and services, the global economy would be plunged. But how might crypto be affected?
A Flight to Alternative Assets
In times of geopolitical instability and economic upheaval, investors historically flee to “safe haven” assets. Gold has long held that role. However, over the past decade, Bitcoin has slowly but surely solidified its position as a digital alternative to gold.
If US-China trade were to collapse completely, confidence in traditional financial systems and fiat currencies would likely take a…
