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Might Bitcoin Be Tariff-Proof?

TheMotleyFool

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For a brief moment after President Donald Trump announced his tariffs, it looked as if Bitcoin (CRYPTO: BTC) could keep its head as markets all around it were losing theirs. The stock market plummeted on April 3 and April 4, as investors and businesses digested the impact of President Donald Trump's tariffs (which have since been put on hold for three months).

Bitcoin dropped just over 1.5% while the S&P 500 lost more than 10% in those two days. It is a rare day when crypto is less volatile than stocks. But Bitcoin did stumble in the following days.

Let's zoom out and look at how tariffs, should they be imposed, could affect Bitcoin.

Source Fool.com

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