With the rise of global uncertainty over Trump’s trade war and tariff announcements, Americans are increasingly turning to Bitcoin as their preferred safe haven. Historically, investors have sought gold shelter, but recent trends highlight a significant shift to cryptocurrency.
To explore how Americans turn BTC as a safe haven, NFTEING works with Stordeing to investigate 1,290 Americans in collaboration with prolific between April 27 and April 28.
Our survey shows Since Trump announced the tariffs, 68.21% of Americans have purchased Bitcoin, an outstanding figure that surpassed 23.77% of gold buyers. This trend highlights the critical moment of Bitcoin, positioning it as a modern hedge against economic turmoil.
also, After Trump’s tariff announcement, 71.60% of respondents allocated more funds to Bitcoin. These data emphasize the solemnity and trust of Bitcoin as a protective financial asset compared to traditional havens.
It is worth noting that Trump’s tariffs have also inspired new entrants in the cryptocurrency market. About 26.23% of Americans report first-time purchases of Bitcoin, especially due to these tariffsmarking a massive inflow of new crypto investors.
Confidence in Bitcoin stability is also strong. 75.62% of Americans see Bitcoin as a true safe haven. This trust emphasizes the growing credibility and perceived reliability of Bitcoin, especially during times of economic turmoil.
Looking ahead, Americans remain optimistic about the potential of Bitcoin. Overwhelming 81.48% say they plan to increase their Bitcoin investment if the U.S. Bitcoin reserve bill passesreflecting strong expectations and enthusiasm for favorable encryption legislation.
Interestingly, Americans also link the bullish future of Bitcoin to the impact of Trump. 75.00% believe Trump’s policies and actions will bring Bitcoin to new highshighlighting his government’s perceived role in crypto market dynamics.
In short, Bitcoin is emerging rapidly due to global economic instability, as the preferred safe haven of the United States. Driven by market anxiety caused by tariffs and optimism in legislation, Americans not only turned to Bitcoin, but also loved it very much, rather than traditional assets like gold.