Analysts: Tariffs cause cryptocurrencies to sell is not surprising. Sovereignty countries will hoard gold and Bitcoin as economic buffer

Panews February 3rd news, according to TheBlock report, a brokerage company Bernstein analyst said in a report to customers: "If tariffs means strong US dollars, rising inflation, and weakened short -term interest rate cuts, then this is this this, then this is weakened, then this is the weakening of interest rates in the short term, then this is weakened. It means that the global liquidity of risk assets has declined. From a longer period of time, as the government bear higher debt and higher deficits, the currency has devalued further. The long -term compound history of coins is obvious.

Bernestein analysts believe that in the long run, the Trump administration believes that cryptocurrencies are strategic in government governance and national finance. It aims to reduce the cost of cutting deficit and Elon Musk's government efficiency department and improve Energy output to control inflation. Although foreign governments may retalize tariffs by selling U.S. Treasury bonds, Bernestein expects that sovereign countries will hoard gold and Bitcoin as economic buffer. The United States will lead the transformation of cryptocurrencies, and more countries may follow suit.