As President Trump prepares to announce a new wave of tariffs on “Liberation Day” (April 2), many investors are feeling uneasy. Markets are reacting with caution, and Bitcoin, which started the year above $100,000, has cooled to the $80,000–$85,000 range. But some experts believe that this economic shakeup could actually benefit Bitcoin in the long run.

So far, crypto hasn't performed the way many expected under Trump. Despite bullish policies like the Bitcoin Strategic Reserve, prices have slipped, partly due to Bitcoin’s increasing correlation with traditional assets like stocks and bonds, which are under

pressure from global recession fears.

“Markets are currently avoiding risk,” said Marc Ostwald, chief economist at ADM. “Gold has become the go-to safe haven. But that might not last.”

As the global financial system becomes more fragmented, especially with the U.S. imposing tariffs on countries like China, Canada, and Mexico, the U.S. dollar’s dominance could weaken. This opens the door for alternatives like Bitcoin to become more attractive.

Omid Malekan, author and Columbia professor, explained that while crypto is seen as a "risky tech asset" by some, Bitcoin is also gaining a reputation as digital gold—especially now that gold is up 18% year-to-date.

Zach Pandl, Head of Research at Grayscale, believes the worst may already be behind us. If Trump’s tariffs are tough but targeted, markets could rally. “Once the news is out, crypto can refocus on its strong fundamentals,” he said.

Pandl even believes the tariff shakeup could drive more interest toward non-dollar assets, strengthening Bitcoin’s long-term position.

His conclusion? “I left Wall Street because I believe Bitcoin is the future. And I still do.”