Trump's tariff policy announcement could be positive for Bitcoin

The day known as 'Liberation Day', which is both a concern and an expectation for investors, is just a day away as President Donald Trump is

President Donald Trump is set to announce his tariff policy on the 2nd.

Some analysts suggest that the Trump administration's tariff policy could have a positive impact on Bitcoin (BTC) and other cryptocurrencies.

The cryptocurrency-focused media outlet CoinDesk reported on the 1st (local time), citing multiple experts, that the announcement of the Trump administration's tariff policy is scheduled for 4 PM on the 2nd (local time, 3rd at 5 AM Korea time).

First, there is a claim that Bitcoin could be treated as a safe asset like gold.

Omid Malekan, an associate professor at Columbia Business School, stated, "Both cryptocurrencies and tariffs are areas the market has never experienced before," and "Bitcoin is already being treated like digital gold in some circles, so if economic uncertainty grows, investors may prefer Bitcoin."

There is also an opinion that the current price reflects concerns about the tariff policy.

Jack Pandle, head of Grayscale Research, said, "The impact of tariffs on the market may already be priced in," and "If the tariff policy announcement focuses on some areas contrary to what is known, investor sentiment could recover significantly."

He added, "Ultimately, tariffs weaken the dominant role of the dollar and increase the value of other currencies, including Bitcoin," and "In the short term, cryptocurrency prices are on a downward trend, but looking at the Trump administration's stance, there is more certainty about Bitcoin."

On the other hand, there is also a possibility that investors' risk appetite could decrease, negatively affecting Bitcoin.

Marc Oswald, chief analyst at ADM Investor Services International, said, "The current market risk appetite continues to deteriorate," and "Looking at the widening gap between cryptocurrencies and gold, it seems so."

Meanwhile, despite the anxiety about the tariff policy, buying pressure continues to flow into the market.

As of 11 AM on the 2nd (Korea time), Bitcoin is trading at $85,153, showing a 3% increase from the previous day.

Furthermore, leading altcoins such as Ethereum (ETH) and XRP have also risen by 3.64% and 1.26%, respectively.