BREAKING: Bitcoin's Safe Haven Status at Risk from U.S. Tariffs, But There's Hope!

Hang onto your hats, crypto fans! Bitcoin's rep as a safe haven is under fire thanks to potential U.S. tariffs. That's the word from Jag Kooner, the Head of Derivatives at Bitfinex, who spilled the beans in a fiery interview.

Listen up: Bitcoin's been riding high as a shield against inflation and global chaos. But now, it's feeling the heat from shifting U.S. trade policies, according to Kooner. It's a wild ride out there!

But hold on, there's a silver lining! Kooner pointed out that Bitcoin's got some new tricks up its sleeve. We're talking more big players jumping on board and cash flowing into exchange-traded funds. This could make BTC tougher than stocks when the world gets shaky.

"If new U.S. tariffs hit, expect the usual panic with stocks tanking and the dollar soaring. But this time, crypto's got ETF muscle and a sovereign hedge story behind it," Kooner declared. "Sure, BTC might stumble at first with the stocks, but if tariffs spark inflation fears or weaken the dollar, it could be a win for crypto," he added with a grin.

And guess what? More and more big shots are eyeing Bitcoin as a bulwark against inflation and economic rollercoasters, especially if the dollar keeps sliding, Kooner noted.

Bitcoin's Next Big Moves: What to Watch For

But wait, there's more! Kooner says to keep your eyes peeled for other game-changers. Traders are on the edge of their seats waiting for regulatory news, especially the buzz around the upcoming GENIUS Act.

"Bitcoin's push towards new highs is fueled by steady ETF flows and hardcore institutional love. Keep an eye on legislative moves, ETF breakthroughs, tariff updates, and inflation reports—they could be the fuel to the fire," Kooner exclaimed.

Get this: if Bitcoin smashes through its all-time high of $111,000, it's a sign of bullish times ahead, says Kooner. But watch out—a major economic shock could send it tumbling back to the $105,000 to $108,000 range.