Uncertainty rises in the USA with the announcement of tariffs under President Donald Trump’s Liberation Day plan. BitMEX co-founder Arthur Hayes believes this could be an opportune moment for Bitcoin and become a key beneficiary for investors. A long-time crypto advocate, Hayes predicts that an inflationary response to economic stress might urge investors to buy Bitcoin as a hedge against frequently weakening fiat currencies.

Hayes said in a tweet, “Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC. Some of y’all are running scurred, but I LOVE TARIFFS.”

He expressed full support for the tariffs that are now becoming a controversial topic globally. From 5^th April, the USA imposed a 10% tariff on all imports, with some exceptions. The European Union was hit with a 20% tariff, Japan was hit with a 24% tariff, whereas China was hit with the highest tariff, 245%.

Arthur Hayes also highlighted that the impact of the new tariff could also be felt on the U.S. dollar. It could weaken the U.S. dollar, leading to market instability and making alternative assets such as gold and Bitcoin more favorable alternatives.

Global Companies Make Strategic Bitcoin Moves

The global market is feeling pressured, and companies are making strategic decisions related to Bitcoin acquisition. Congo, a Chinese company, was actively buying Bitcoin. The company sold its traditional auto financing business to Ursalpha Digital for $352 million. As part of the deal, the company will receive 32 exahashes per second (EH/s) of mining power, effectively making their mark in the Bitcoin mining space.

However, not all companies enjoy the same level of freedom. Genius Group from Singapore was aiming to allocate 90% of its reserves to Bitcoin, but now it has been blocked from expanding its BTC holdings as per a U.S. court order. The restriction emerged as a result of its unresolved legal battle related to its failed merger with Fatbrain AI.

Roger James Hamilton, the company’s CEO, criticized the ruling and said that it sets the company at odds with Singaporean law and overrides the shareholder authority. As a result, the company was forced to sell part of its Bitcoin holdings just to stay afloat. The CEO also warned that they may need to liquidate more holdings if the restrictions remain in place. With rising geopolitical tension, shifting economic policies, and increased institutional interest, the stage may be set for Bitcoin’s next major rally, just as Arthur Hayes predicts.

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